The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $9.77 (as at September 22, 2017)  1-day chg: $.0056 0.06%  YTD: 1.82%

Returns as at August 31, 2017

  Fund Group Avg Index*
1 Month 1.49% 1.09% 1.09%
3 Months -2.07% -1.39% -1.45%
6 Months 1.30% 0.62% 0.59%
1 Year 0.48% -1.29% -1.34%
2 Year Avg 2.86% 1.46% 1.44%
3 Year Avg 3.19% 1.54% 1.61%
4 Year Avg 4.30% 2.62% 2.72%
5 Year Avg 3.33% 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 3.59% - -
 
2016 2.06% 1.59% 1.44%
2015 2.55% 0.83% 0.97%
2014 8.36% 6.24% 6.39%
 
3 year risk 4.03 3.90 3.29
3 year beta 1.19 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 15): 9.79 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 16): -1.13 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 aims to provide long-term stable growth and income by investing primarily in Canadian investment grade fixed-income securities, with a focus on corporate bonds. The Fund may enter into forward contracts to hedge exposure to interest income.

Fund Facts

Fund Sponsor: Canoe Financial LP.
Managed by: Canoe Financial LP.
Fund Type: MF Corp
Inception Date: January 2012
Asset Class: Canadian Fixed Income
Quartile Rank: 1 (3YR ending August 31, 2017)
Total Assets: $20.5 million
Mgmt Exp. Ratio (MER): 1.10%
Management Fee: 0.85%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$2,500
Subsequent:
$50
Min. Invest (initial RRSP):
$50
Subsequent RRSP:
$50
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 22, 2017
1 Year Performance (%)
  Gov't of Canada, 2.75%, DEC/01/48 Bond 9.93   9.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  TransCanada Corp., 7.90%, APR/15/27 Bond 5.86   -3.77 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Loblaw Companies Bond 5.03   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bell Canada, 7.30%, FEB/23/32 Bond 4.81   3.93 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Real Estate Asset Liquidity Trust 12-Sep Bond 4.14   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Great West Captl 7.153% 16-May-2046 Bond 3.95   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Consumers' Gas Company Bond 3.92   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Hydro One, 7.35%, JUN/03/30 Bond 3.49   0.45 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.50%, MAR/01/22 Bond 3.41   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Alec 2.488% 17-May-2027 Bond 3.27   - 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: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Aug 31, 2017 0.0235 0.0235 0.3934 9.927
Jul 31, 2017 0.0206 0.0206 0.3943 9.804
Jun 30, 2017 0.0218 0.0218 0.3905 10.024
May 31, 2017 0.0266 0.0266 0.3878 10.205
Apr 28, 2017 0.0202 0.0202 0.3800 10.129
Mar 31, 2017 0.0241 0.0241 0.3737 9.968
Feb 28, 2017 0.0246 0.0246 0.3701 9.935
Jan 31, 2017 0.0447 0.0447 0.3624 9.803
Jan 12, 2017 0.1052 0.1052 0.3177 9.875
Dec 30, 2016 0.0095 0.0095 0.2278 9.902
Dec 16, 2016 0.0022 0.0022 0.2183 9.816
Nov 30, 2016 0.0281 0.0281 0.2456 9.949
Oct 31, 2016 0.0221 0.0221 0.2354 10.169
Sep 30, 2016 0.0201 0.0201 0.2336 10.282
Aug 31, 2016 0.0244 0.0244 0.2329 10.277
Jul 29, 2016 0.0167 0.0167 0.2260 10.242
Jun 30, 2016 0.0191 0.0191 0.2302 10.171
May 31, 2016 0.0189 0.0189 0.2317 10.046
Apr 29, 2016 0.0139 0.0139 0.2324 9.968
Mar 31, 2016 0.0205 0.0205 0.2390 10.001

Portfolio Manager(s)

Marc Goldfried, CFA

Canoe Financial LP.

Start Date: February, 2012

Fund Return: 3.26%

Also manages:Canoe Enhanced Income - A, Canoe Enhanced Income - FH, Canoe Enhanced Income - FX, Canoe Enhanced Income - H, Canoe Enhanced Income Class - A

View fund manager performance report