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Strategic Equity Income

Overview

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.

Benchmark

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.

How to invest?

Portfolio Manager(s)

Dan Bastasic

Senior Vice-President, Investments

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