Returns as at October 31, 2009

*Globe Canadian Fixed Income Peer Index

Growth of $10,000

Risk Measures as at October 31, 2009

Best/Worst 12 months (since inception)

Best (ending Apr 98):	34.84
Worst (ending Jan 00):	-7.12

Volatility meter (Based on 3 year standard deviation from Globefund.com)

Low  High

Fund Objectives

The investment objective of the Fund is to obtain growth of interest income over the long term. The Fund invests primarily in income trusts, preference shares, convertible preference shares, bonds, convertible bonds, debentures, notes and other debt obligations of Canadian issuers.

Fund Facts

Globe 5-Star Rating:

RRSP Eligible:

Canadian

Min. Invest (initial):

$150,000

Subsequent:

-

Min. Invest (initial RRSP):

$150,000

Subsequent RRSP:

-

Closed:

No

Restricted:

Yes

Restriction:

Not Available in NUV (Min Initial Investment $150,000); MERs list ER Only; Min. Invt. $150K or Accredited

 

 

Top Holdings as at October 31, 2009

Symbol	Company Name	Sector	Geographic Area	Asset Type	% of Total Assets		Performance as at November 20, 2009 1 Year Performance (%)
	Gov't of Canada, 8.00%, JUN/01/27			Bond	3.9		1.1
JE.UN-T	Just Energy Income Fund	Gas Utilities	Canada	Stock	3.61		71.35
	Ontrea Inc, 5.70%, OCT/31/11			Bond	2.09		2.3
	Province of Ontario, 6.50%, MAR/08/29			Bond	2.05		7.08
	Hydro-Quebec, 11.00%, AUG/15/20			Bond	1.96		3.43
	Canada Housing Trust, 2.20%, MAR/15/14			Bond	1.82		-
	Canada Housing Trust, 4.55%, DEC/15/12			Bond	1.74		1.82
	Canadian Pacific, 6.25%, JUN/01/18			Bond	1.54		23.27
	Canada Housing Trust, 3.95%, JUN/15/13			Bond	1.49		2.38

Distribution Report (18 months up to November 20, 2009)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Annually

Portfolio Manager(s)

Acuity Investment - Mgmt. Team

Acuity Investment Management

Start Date: March, 1993

Fund Return: 8.96%

Established in 1990 by Ian O. Ihnatowycz, Acuity is located in Toronto, now manages approximately $5.5 billion in assets and has evolved to include over 100 employees. Our investment team consists of 15 investment professionals. In addition to offering a broad range of traditional domestic and global investment products and capabilities, Acuity manages "sustainable" investment mandates for socially responsible investors.

Also manages:Acuity All Cap 30 Canadian Equity, Acuity Alpha Balanced Portfolio, Acuity Alpha Global Portfolio, Acuity Alpha Growth Portfolio, Acuity Alpha Income Portfolio, Acuity Alpha Social Values Port, Acuity Canadian Balanced, Acuity Canadian Equity, Acuity Canadian Small Cap, Acuity Clean Environment Equity, Acuity Conservative Asset Alloc, Acuity Diversified Income, Acuity Dividend, Acuity EAFE Equity, Acuity Fixed Income, Acuity Global Dividend, Acuity Global High Income, Acuity Growth and Income, Acuity High Income, Acuity Money Market, Acuity Natural Resource, Acuity Pooled 130/30, Acuity Pooled Canadian Balanced, Acuity Pooled Canadian Equity, Acuity Pooled Canadian Small Cap, Acuity Pooled Conser Asset Alloc, Acuity Pooled Corporate Bond, Acuity Pooled Diversified Income, Acuity Pooled EAFE Equity, Acuity Pooled Global Balanced, Acuity Pooled Global Dividend, Acuity Pooled Global Equity, Acuity Pooled Global High Income, Acuity Pooled Growth and Income, Acuity Pooled High Income, Acuity Pooled Pure Cdn. Equity, Acuity Pooled Short Term, Acuity Pooled Social Value Cdn Equ, Acuity Pooled US Equity (US$), Acuity Short Term Income Class, Acuity Small Cap Corporation, Acuity Social Values Balanced, Acuity Social Values Canadian Equ, Acuity Social Values Global Equity, Co-operators SRI Aggressive Pt VA, Co-operators SRI Moderate Port VA, Co-operators SRI Very Aggr Pt VA, Frk Tmp Canadian Small Cap, MD Equity, MD Select

View fund manager performance report