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Fund Price: $13.18 (as at September 19, 2017)  1-week chg:  0.12%  YTD: 3.19%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 0.49% 1.09% 1.09%
3 Months 0.39% -1.39% -1.45%
6 Months 1.97% 0.62% 0.59%
1 Year 5.31% -1.29% -1.34%
2 Year Avg 5.81% 1.46% 1.44%
3 Year Avg 4.59% 1.54% 1.61%
4 Year Avg 6.26% 2.62% 2.72%
5 Year Avg 7.03% 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 9.67% - -
 
2016 7.80% 1.59% 1.44%
2015 1.20% 0.83% 0.97%
2014 8.71% 6.24% 6.39%
 
3 year risk 2.24 3.90 3.29
3 year beta 0.30 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 Jan 10): 29.05 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 16): -0.91 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: 2 High

Fund Objectives

To provide above average income returns through a diversified portfolio comprised primarily of debt and money market securities. As a result of its value strategies, the portfolio may occasionally be invested in other securities such as convertible bonds, equities and income trusts.

Fund Facts

Fund Sponsor: Pembroke Private Wealth Management Ltd.
Managed by: Canso Investment Counsel Ltd.
Fund Type: MF Trust
Inception Date: January 2009
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: 0.75%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$150,000
Subsequent:
$500
Min. Invest (initial RRSP):
$150,000
Subsequent RRSP:
$500
Closed:
No
Restricted:
Yes
Restriction:
(Min Initial Investment $150,000); Accredited Investors
 
 

Asset Allocation December 31, 2012

Bond Type December 31, 2012

Bond Term December 31, 2012

Top Holdings as at December 31, 2012

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 22, 2017
1 Year Performance (%)
  Lloyds TSB Bank, 10.13%, DEC/16/21 Bond 5.8   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Shaw Communications, 6.75%, NOV/09/39 Bond 5.5   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Scotland 5.37%, MAY/12/16 Bond 3.6   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ypg Financing, 9.25% Bond 3.3   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Commerzbank, Q Cdor + 88 Bond 3.3   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Morgan Stanley, 4.90%, FEB/23/17 Bond 3.2   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Scotland, 10.50% Bond 3.2   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bac Canada Financial, Q Cdor + 143 Bond 3.2   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Videotron Ltd., 6.88%, JUL/15/21 Bond 2.9   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Scotland, 6.66% Bond 2.8   - 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 22, 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 0.1314 0.1314 0.6370 13.151
Mar 31, 2017 0.1220 0.1220 0.6851 13.111
Jan 3, 2017 0.0468 0.0468 0.7137 13.070
Dec 30, 2016 0.1015 0.0468 0.1483 0.6669 13.070
Sep 30, 2016 0.1886 0.1886 0.6639 13.027
Jun 30, 2016 0.1795 0.1795 0.6466 12.845
Mar 31, 2016 0.1506 0.1506 0.6415 12.700

Portfolio Manager(s)

Canso Invest Counsel - Mgmt. Team

Canso Investment Counsel Ltd.

Start Date: September, 2010

Fund Return: 7.33%

Canso Investment Counsel Ltd. provides portfolio management services to institutional and private investors. Founded in 1997, and headquartered in Richmond Hill, Ontario, assets under management exceed $1 billion. Canso specializes in Canadian corporate bonds and exploits illiquidity in the corporate bond market place.

View fund manager performance report