The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $10.37 (as at September 20, 2017)  1-day chg: $-.0061 -0.06%  YTD: 1.03%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 1.25% 1.09% 1.09%
3 Months -1.42% -1.39% -1.45%
6 Months 1.11% 0.62% 0.59%
1 Year -0.21% -1.29% -1.34%
2 Year Avg 2.65% 1.46% 1.44%
3 Year Avg 3.30% 1.54% 1.61%
4 Year Avg 4.42% 2.62% 2.72%
5 Year Avg 3.42% 1.80% 1.82%
10 Year Avg 5.21% 3.48% 3.82%
15 Year Avg 5.29% 3.57% 3.93%
20 Year Avg - 4.06% 4.22%
Since Inception 5.42% - -
 
2016 2.50% 1.59% 1.44%
2015 4.07% 0.83% 0.97%
2014 7.74% 6.24% 6.39%
 
3 year risk 4.05 3.90 3.29
3 year beta 1.20 1.00 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 August 31, 2017

Best/Worst 12 months (since inception)
Best (ending Oct 09): 14.58 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jan 00): -2.18 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 Highstreet Canadian Bond Fund's objective is to provide investors with a return that is similar to the Benchmark or any other appropriately publicly available index, either directly or through other funds, including funds managed by the Manager.

Fund Facts

Fund Sponsor: Highstreet Asset Management Inc.
Managed by: Highstreet Asset Management Inc.
Fund Type: MF Trust
Inception Date: September 1998
Asset Class: Canadian Fixed Income
Quartile Rank: 1 (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.85%
Management Fee: 0.85%
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:
(Min Initial Investment $150,000)
 
 

Asset Allocation July 31, 2017

Bond Type July 31, 2017

Bond Term July 31, 2017

Top Holdings as at July 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 20, 2017
1 Year Performance (%)
  Ontario Province 5.600% 02-Jun-2035 Bond 4.38   - 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 3.73   -3.71 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Cppib Capital 1.000% 15-Jan-2019 Bond 2.78   - 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 2.76   - 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 2.73   1.53 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ontario Province 2.850% 02-Jun-2023 Bond 2.48   - 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 2.45   4.6 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  US Treasury 4.500% 15-Feb-2036 Bond 2.2   - 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 1.99   - 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 September 20, 2017)

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
Jun 30, 2017 0.0910 0.0910 0.3654 10.524
Mar 31, 2017 0.0790 0.0790 0.3672 10.523
Dec 30, 2016 0.1021 0.1021 0.3654 10.428
Sep 30, 2016 0.0934 0.0934 0.3658 10.831
Jun 30, 2016 0.0927 0.0927 0.3699 10.746
Mar 31, 2016 0.0772 0.0772 0.3720 10.558

Portfolio Manager(s)

Team: Highstreet Asset Mgmt Team

Highstreet Asset Management Inc.

Start Date: October, 1998

Fund Return: 5.42%

Also manages:Highstreet Canadian Short Term Bond, Highstreet Money Market

View fund manager performance report