16.39
-0.01(-0.06%)
Currency In CAD
Address
Canada
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
January 09, 2018
The fund actively manages a global portfolio of corporate fixed income securities across industries, issuers, and regions. The fund allocates 25% to emerging markets and seeks to maximize current income consistent with preservation of capital. IGCF invests mainly in non-CAD-denominated high-quality debt, targeting to maintain an average credit quality of BBB-, but allocates 15% of its total assets in high yield securities or bonds with credit rating lower than BBB-. The funds average portfolio duration normally varies approximately two years (plus or minus) of the portfolio duration of the Barclays U.S. Credit Index.