The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $15.42 (as at January 23, 2018)  1-day chg: $.03 0.19%  YTD: -0.26%

Returns as at December 31, 2017

  Fund Group Avg Index*
1 Month -0.45% -0.36% -0.36%
3 Months 1.53% 1.47% 1.47%
6 Months -0.02% -0.08% -0.13%
1 Year 2.92% 1.81% 1.80%
2 Year Avg 2.45% 1.71% 1.62%
3 Year Avg 2.74% 1.37% 1.40%
4 Year Avg 4.34% 2.55% 2.63%
5 Year Avg 3.53% 1.76% 1.71%
10 Year Avg 5.33% 3.36% 3.58%
15 Year Avg 6.31% 3.50% 3.76%
20 Year Avg 7.00% 4.10% 4.08%
Since Inception 7.68% - -
 
2017 2.92% 1.81% 1.80%
2016 1.99% 1.62% 1.44%
2015 3.32% 0.84% 0.97%
 
3 year risk 4.07 4.04 3.37
3 year beta 1.18 0.99 1.00

*Globe Canadian Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Canadian Fixed Income Peer Index.

Risk Measures as at December 31, 2017

Best/Worst 12 months (since inception)
Best (ending Apr 98): 34.84 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jan 00): -7.12 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 4 High

Fund Objectives

The investment objective of the Fund is to obtain growth of interest income over the long term. The Fund invests primarily in income trusts, preference shares, convertible preference shares, bonds, convertible bonds, debentures, notes and other debt obligations of Canadian issuers.

Fund Facts

Fund Sponsor: Acuity Funds Ltd.
Managed by: Acuity Funds Ltd.
Fund Type: MF Trust
Inception Date: March 1993
Asset Class: Canadian Fixed Income
Quartile Rank: 1 (3YR ending December 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.08%
Management Fee: 0.75%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$150,000
Subsequent:
-
Min. Invest (initial RRSP):
$150,000
Subsequent RRSP:
-
Closed:
No
Restricted:
Yes
Restriction:
Not Available in NUV (Min Initial Investment $150,000); MERs list ER Only; Min. Invt. $150K or Accredited
 
 

Asset Allocation October 31, 2017

Bond Type October 31, 2017

Bond Term October 31, 2017

Top Holdings as at October 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at January 23, 2018
1 Year Performance (%)
  Ontario Province 5.600% 02-Jun-2035 Bond 4.12   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada 4.000% 01-Jun-2041 Bond 3.5   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 1.15%, DEC/15/21 Bond 2.62   -4.11 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  U.S. Government, 0.13%, JAN/15/23 Bond 2.56   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Quebec, 3.50%, DEC/01/22 Bond 2.52   1.53 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 5.00%, JUN/01/37 Bond 2.49   4.6 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Labrador-Island Link Funding, 3.76%, JUN/01/33 Bond 2.39   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 2.90%, JUN/15/24 Bond 2.26   3.11 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Canada, 2.00%, MAR/21/22 Bond 2.06   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to January 23, 2018)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Dec 22, 2017 0.1130 0.2556 0.3687 0.7674 15.470
Sep 29, 2017 0.1161 0.1161 0.5423 15.590
Jun 30, 2017 0.1306 0.1306 0.5469 15.950
Mar 31, 2017 0.1521 0.1521 0.5558 15.910
Dec 23, 2016 0.1436 0.1436 0.5514 15.680
Sep 30, 2016 0.1207 0.1207 0.7047 16.400

Portfolio Manager(s)

David Stonehouse

Acuity Funds Ltd.

Start Date: December, 2013

Fund Return: 4.26%

Also manages:AGF Diversified Income -MF

View fund manager performance report

David Stonehouse

Acuity Investment Management

Start Date: December, 2013

Fund Return: 4.26%

Also manages:AGF Fixed Income Plus -MF

View fund manager performance report