Description

This fund is a fund-of-funds, actively managed to invest in a wide assortment of fixed income securities with varying maturities and credit ratings. The fund will primarily hold Canadian securities from government and corporate issuers, but may also hold up to 30% in foreign securities from both developed and emerging markets, and 25% in high yield debt. FCLPs active strategy ultimately means the securities in this fund are selected at the fund managers discretion to help pursue the funds objective goal. Preferred securities, fixed income ETFs, and derivatives may also be held by the fund.