Description

HAD is actively managed aiming to reduce risk while enhancing the potential for profit from exposure to Canadian fixed income. HAD seeks to avoid significant capital losses by offering the flexibility to alter its duration and credit composition in anticipation of, or in response to, interest rate changes. Designed to provide a consistent monthly income to investors. HAD seeks long-term returns primarily through maximized interest income and capital appreciation. HAD invests primarily in a portfolio of Canadian debt (including debt-like securities) denominated in Canadian dollars.