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Fund Price: $13.32 (as at September 19, 2017)  1-day chg: $.0024 0.02%  YTD: 0.16%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 1.79% 1.09% 1.09%
3 Months -2.56% -1.39% -1.45%
6 Months 0.29% 0.62% 0.59%
1 Year -2.77% -1.29% -1.34%
2 Year Avg 1.62% 1.46% 1.44%
3 Year Avg 1.51% 1.54% 1.61%
4 Year Avg 2.66% 2.61% 2.72%
5 Year Avg 1.54% 1.80% 1.82%
10 Year Avg - 3.48% 3.82%
15 Year Avg - 3.57% 3.93%
20 Year Avg - 4.06% 4.22%
Since Inception 3.28% - -
 
2016 1.43% 1.59% 1.44%
2015 0.62% 0.83% 0.97%
2014 6.69% 6.24% 6.39%
 
3 year risk 4.15 3.90 3.29
3 year beta 1.17 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): 12.65 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jul 17): -4.48 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 fund's objective is to provide a high level of regular interest income and modest capital gains. It invests primarily in:bonds and treasury bills issued by Canadian federal, provincial and municipal governments and Canadian corporations, money market instruments issued by Canadian corpora- tions. These include commercial paper, bankers' accept- ances, mortgage-backed securities and guaranteed investment certificates , high-quality dividend-paying shares of Canadian corporations.

Fund Facts

Fund Sponsor: Scotia Asset Management
Managed by: 1832 Asset Management L.P.
Fund Type: MF Trust
Inception Date: February 2008
Asset Class: Canadian Fixed Income
Quartile Rank: 3 (3YR ending August 31, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 1.50%
Management Fee: 1.25%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$100
Min. Invest (initial RRSP):
$1,000
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation May 31, 2017

Bond Type May 31, 2017

Bond Term May 31, 2017

Top Holdings as at May 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 19, 2017
1 Year Performance (%)
  Canada 5.750% 01-Jun-2033 Bond 27.92   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada 5.750% 01-Jun-2029 Bond 20.93   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ontario Province 6.500% 08-Mar-2029 Bond 11.18   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 2.35%, SEP/15/23 Bond 5.78   3.18 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Hydro-Quebec, 11.00%, AUG/15/20 Bond 1.47   -5.06 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canadian National Railway, 3.95%, SEP/22/45 Bond 1.09   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  TD Bank, 3.23%, JUL/24/24 Bond 1.05   3.27 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Rogers Communications, 4.00%, JUN/06/22 Bond 0.98   1.85 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Canada, 1.97%, MAR/02/22 Bond 0.98   2.55 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canadian Imperial Bank of Commerce 1.660 Bond 0.98   - 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 19, 2017)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Aug 31, 2017 0.0291 0.0291 0.2763 13.472
Jul 31, 2017 0.0238 0.0238 0.3652 13.264
Jun 30, 2017 0.0244 0.0244 0.4504 13.628
May 31, 2017 0.0279 0.0279 0.4659 13.906
Apr 28, 2017 0.0241 0.0241 0.4641 13.800
Mar 31, 2017 0.0274 0.0274 0.4798 13.603
Feb 28, 2017 0.0235 0.0235 0.5050 13.589
Jan 31, 2017 0.0218 0.0218 0.5482 13.461
Oct 31, 2016 0.0407 0.0407 0.5668 13.965
Sep 30, 2016 0.0337 0.0337 0.5415 14.110
Aug 31, 2016 0.1180 0.1180 0.5228 14.138
Jul 29, 2016 0.1090 0.1090 0.4213 14.257
Jun 30, 2016 0.0399 0.0399 0.3304 14.220
May 31, 2016 0.0261 0.0261 0.3097 13.975
Apr 29, 2016 0.0397 0.0397 0.3013 13.966
Mar 31, 2016 0.0526 0.0526 0.2788 13.975

Portfolio Manager(s)

Romas Budd

1832 Asset Management L.P.

Start Date: February, 2008

Fund Return: 6.09%

Also manages:Scotia Global Bond Series A, Scotia Premium T-Bill Series A, Scotia T-Bill Series A

View fund manager performance report