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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $10.44 (as at October 29, 2014)  1-day chg: $-.0103 -0.10%  YTD: 2.38%

Returns as at September 30, 2014

  Fund Group Avg Index*
1 Month -0.05% -0.22% -0.22%
3 Months 0.33% 0.00% 0.00%
6 Months 0.98% 0.60% 0.59%
1 Year 2.86% 1.69% 1.73%
2 Year Avg 2.02% 1.04% 0.98%
3 Year Avg 2.09% 1.26% 1.21%
4 Year Avg 2.30% 1.42% 1.44%
5 Year Avg 2.71% 1.73% 1.73%
10 Year Avg 3.60% 2.45% 2.42%
15 Year Avg 4.40% 3.04% 2.91%
20 Year Avg 5.19% 4.00% 3.67%
Since Inception - - -
 
2013 1.53% 0.52% 0.48%
2012 2.13% 1.55% 1.39%
2011 3.61% 2.95% 2.96%
 
3 year risk 0.94 1.24 0.91
3 year beta 1.00 0.98 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 September 30, 2014

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

The fundamental investment objectives of the fund are 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 in accordance with National Policy Statement No. 29 of the Canadian Securities Administrators.

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 September 30, 2014)
Total Assets: $227.2 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, 2014

Bond Type September 30, 2014

Bond Term September 30, 2014

Top Holdings as at September 30, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at October 29, 2014
1 Year Performance (%)
  Canada Housing Trust, 2.75%, JUN/15/16 Bond 6.29   -1.08 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 1.75%, SEP/01/19 Bond 4.17   - 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 3.9   0.28 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 1.95%, JUN/15/19 Bond 3.43   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 4.40%, JUN/02/19 Bond 2.56   0.02 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bank of Montreal, 2.96%, AUG/02/16 Bond 2.05   -0.48 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Cards Trust Series 1998, 1.98%, JAN/15/16 Bond 1.94   -0.05 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CIBC, 1.75%, JUN/01/16 Bond 1.59   0.49 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bank of Nova Scotia, 2.10%, NOV/08/16 Bond 1.52   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CIBC, 2.65%, NOV/08/16 Bond 1.49   0.04 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 October 29, 2014)

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
Sep 29, 2014 0.0600 0.0600 0.2548 10.424
Jun 27, 2014 0.0600 0.0600 0.2548 10.440
Mar 28, 2014 0.0600 0.0600 0.2548 10.436
Dec 20, 2013 0.0748 0.0748 0.2548 10.390
Sep 27, 2013 0.0600 0.0600 0.2220 10.376
Jun 27, 2013 0.0600 0.0600 0.2320 10.382

Portfolio Manager(s)

Kristian Sawkins

Phillips, Hager & North Inv Mgmt

Start Date: October, 2012

Fund Return: 2.15%

View fund manager performance report