The Fund seeks to generate regular income and moderate long-term capital growth by investing primarily in high-quality dividend-paying common and preferred shares as well as income-trust units and/or fixed-income securities of Canadian and U.S. issuers.
100% S&P/TSX Composite Index
Philosophy and process
High-conviction and value-based security selection through a bottom-up approach driven by fundamental analysis with a layer of quantitative valuation. The fundamental analysis process considers 5 key elements: sustainability of cash flows; profitability; valuation; catalyst for change; and risk analysis.
Macro analysis of systemic risks and opportunities. Portfolios are constantly monitored and refined in accordance with a 12-month strategic outlook on markets.
Portfolio risk is managed through diversification and currency management. Foreign exposure is 50 to 95% hedged.
Why invest in these strategies?
Exposure to dividend-paying companies deemed to be undervalued and that have growth potential.
Continuous efforts to position the Fund strategically through all market conditions.
Rigorous and active investment process that focuses on income safety and a macroeconomic outlook.