Description

The fund actively and primarily invests in a portfolio of investment-grade corporate debt securities from Canada. The advisor uses technical, macroeconomic, and fundamental credit research including market trend analysis, competitive analysis, and risk-adjusted-performance in selecting securities and maintaining diversification over industry sectors. In seeking to maximize total returns, the fund may also hold other debt instruments such as Canadian and foreign government bonds, municipal bonds, as well as cash and cash equivalents provided that it will not exceed 40% of the fund’s NAV. Since the fund is actively managed, allocation and maturity is at the discretion of the manager, but at the same time targets to maintain a portfolio duration of no more than one year. The fund is designed for investors who are seeking to generate income from a diversified portfolio delivering efficient exposure to the potential of ultra-short term investment-grade Canadian debt securities.