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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $10.49 (as at February 5, 2016)  1-day chg: $.005 0.05%  YTD: 0.36%

Returns as at December 31, 2015

  Fund Group Avg Index*
1 Month 0.43% 0.08% 0.08%
3 Months 0.44% 0.06% 0.05%
6 Months 0.44% -0.70% -0.72%
1 Year 2.22% 0.51% 0.30%
2 Year Avg 2.63% 1.12% 1.02%
3 Year Avg 2.26% 0.94% 0.84%
4 Year Avg 2.23% 1.19% 0.98%
5 Year Avg 2.50% 1.42% 1.37%
10 Year Avg 3.52% 2.38% 2.22%
15 Year Avg 4.06% 2.78% 2.57%
20 Year Avg 4.58% 3.46% 3.07%
Since Inception 4.78% - -
 
2015 2.22% 0.51% 0.30%
2014 3.03% 1.66% 1.74%
2013 1.53% 0.60% 0.48%
 
3 year risk 1.38 1.77 1.11
3 year beta 1.16 0.99 1.00

*Globe Cdn Short Tm Fixed Inc 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 Cdn Short Tm Fixed Inc Peer Index.

Risk Measures as at December 31, 2015

Best/Worst 12 months (since inception)
Best (ending Jan 96): 16.32 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jan 95): -2.02 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: 1 High

Fund Objectives

To provide relatively high yields and stability of capital by investing primarily in a well-diversified portfolio of short-term fixed income securities issued by Canadian governments and corporations, and first mortgages on property located in Canada. 

Fund Facts

Fund Sponsor: Phillips, Hager & North Inv Mgmt
Managed by: Phillips, Hager & North Inv Mgmt
Fund Type: MF Trust
Inception Date: December 1993
Asset Class: Canadian Short Term Fixed Income
Quartile Rank: 1 (3YR ending December 31, 2015)
Total Assets: $220.8 million
Mgmt Exp. Ratio (MER): 0.60%
Management Fee: 0.50%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$25,000
Subsequent:
$1,000
Min. Invest (initial RRSP):
$25,000
Subsequent RRSP:
$1,000
Closed:
No
Restricted:
Yes
Restriction:
(Min Initial Investment $25,000)
 
 

Asset Allocation September 30, 2015

Bond Type September 30, 2015

Bond Term September 30, 2015

Top Holdings as at September 30, 2015

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at February 5, 2016
1 Year Performance (%)
  Province of Ontario, 2.10%, SEP/08/18 Bond 6.89   -1.08 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 1.45%, JUN/15/20 Bond 4.91   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 1.70%, DEC/15/17 Bond 3.64   -0.74 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 2.05%, JUN/15/17 Bond 3.24   -1.17 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ontario Province 4.200% 02-Jun-2020 Bond 2.52   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ontario Province 4.400% 02-Jun-2019 Bond 2.35   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bank of Montreal 2.960% 02-Aug-2016 Bond 1.82   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Genesis Trust Ii 15-Feb-2024 131 Bond 1.75   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Canada 2.260% 12-Mar-2018 Bond 1.46   - 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 February 5, 2016)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Dec 18, 2015 0.0450 0.0130 0.0580 0.2353 10.442
Sep 29, 2015 0.0577 0.0577 0.2323 10.470
Jun 29, 2015 0.0563 0.0563 0.2346 10.498
Mar 30, 2015 0.0633 0.0633 0.2383 10.564
Dec 19, 2014 0.0550 0.0550 0.2350 10.443
Sep 29, 2014 0.0600 0.0600 0.2548 10.424

Portfolio Manager(s)

Kristian Sawkins

Phillips, Hager & North Inv Mgmt

Start Date: October, 2012

Fund Return: 2.27%

Also manages:PH&N Short Term Bd & Mort Fd Srs H, PH&N Short Term Bd & Mort Fd Srs I

View fund manager performance report