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Fund Price: $12.33 (as at May 22, 2013)  1-day chg: $-.0037 -0.03%  YTD: 3.08%

Returns as at April 30, 2013

  Fund Group Avg Index*
1 Month 1.03% 1.10% 1.10%
3 Months 2.21% 2.09% 2.12%
6 Months 4.33% 4.61% 4.63%
1 Year 9.31% 9.23% 9.30%
2 Year Avg 7.67% 6.60% 6.29%
3 Year Avg 8.05% 7.54% 7.04%
4 Year Avg 11.08% 11.53% 11.17%
5 Year Avg 9.21% 6.86% 6.54%
10 Year Avg 8.33% 5.19% 5.47%
15 Year Avg - 4.57% 4.36%
20 Year Avg - 6.63% -
Since Inception 8.52% - -
 
2012 10.56% 11.21% 11.05%
2011 4.85% 2.81% 2.12%
2010 10.61% 10.72% 10.16%
 
3 year risk 2.31 5.43 4.26
3 year beta 0.51 1.07 1.00

*Globe High Yield Fixed Income 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 High Yield Fixed Income Peer Index.

Risk Measures as at April 30, 2013

Best/Worst 12 months (since inception)
Best (ending Sep 03): 24.96 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Oct 08): -3.75 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: 2 High

Fund Objectives

To provide a high level of income and the opportunity for capital appreciation by investing primarily in a well-diversified portfolio of fixed income securities issued by Canadian and/or foreign corporations and governments.

Fund Facts

Fund Sponsor: Phillips, Hager & North Inv Mgmt
Managed by: Phillips, Hager & North Inv Mgmt
Fund Type: MF Trust
Inception Date: July 2000
Asset Class: High Yield Fixed Income
Quartile Rank: 2 (3YR ending April 30, 2013)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.89%
Management Fee: 0.75%
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); Not available for purchases by new investors
 
 

Asset Allocation April 30, 2013

Bond Type April 30, 2013

Bond Term April 30, 2013

Top Holdings as at April 30, 2013

Symbol Company Name Sector Geographic
Area		 Asset
Type		 % of
Total Assets		   Performance as at May 22, 2013
1 Year Performance (%)
  Quebecor Media, 6.63%, JAN/15/23 Bond 5.65   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Citigroup, 5.16%, MAY/24/22 Bond 3.86   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Merrill Lynch Capital Trust, 5.29%, MAY/30/17 Bond 3.54   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Citigroup, 4.65%, OCT/11/17 Bond 2.98   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Harvest Operations Corp., 7.50%, MAY/31/15 Bond 2.77   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Hawk Acquisition Sub, 4.25%, OCT/15/20 Bond 2.63   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Wynn Las Vegas, 7.88%, NOV/01/17 Bond 2.23   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Host Marriott Corp, 6.75%, JUN/01/16 Bond 2.13   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Trilogy Energy Corp., 7.25%, DEC/13/19 Bond 2.05   - 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 May 22, 2013)

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
Mar 27, 2013 0.1500 0.1500 0.7960 12.163
Dec 21, 2012 0.1920 0.1440 0.3360 0.7860 12.095
Sep 27, 2012 0.1700 0.1700 0.6680 12.128
Jun 28, 2012 0.1400 0.1400 0.6980 11.992
Mar 29, 2012 0.1400 0.1400 0.6880 11.885
Dec 23, 2011 0.2180 0.2180 0.6780 11.670

Portfolio Manager(s)

Phillips, Hager & North - Mgmt. Team

Phillips, Hager & North Inv Mgmt

Start Date: July, 2000

Fund Return: 8.52%

The Manager is responsible for the overall management of the Fund including management of the investment portfolio, providing investment research, making investment decisions relating to the purchase and sale of securities and making brokerage arrangements for the execution of such transactions.

Also manages:BonaVista Global Balanced-D, IA Ecflx Monthly Income (PH&N), IA SRP Monthly Income (PH&N), PH&N $US Money Market-D (US$), PH&N Balanced Pension Trust-D, PH&N Balanced Pension Trust-O, PH&N Balanced-D, PH&N Bond-D, PH&N Bond-O, PH&N Canadian Equity-D, PH&N Canadian Growth-D, PH&N Canadian Income-D, PH&N Canadian Money Market-D, PH&N Cdn Equ Plus Pension Trust-D, PH&N Cdn Equ Plus Pension Trust-O, PH&N Community Values Balanced-D, PH&N Community Values Bond-D, PH&N Community Values Bond-O, PH&N Community Values Cdn Equ-D, PH&N Community Values Glb Equ.-D, PH&N Currency-Hedged U.S. Equity-D, PH&N Dividend Income-D, PH&N Global Equity-D, PH&N Short Term Bond & Mtg-D, PH&N Small Float, PH&N Total Return Bond-D, PH&N U.S. Dividend Income-D, PH&N U.S. Equity-D, PH&N U.S. Equity-O, PH&N U.S. Growth-D, PH&N Vintage-D, Teachers' RSP-Equity Section, Tradex Equity Fund Limited

View fund manager performance report