Overview
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Asset ClassBalanced
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CIFSC CategoryGlobal Equity Balanced
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Risk RatingMedium
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Number of Securities130
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Yield to Maturity3.5%
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Current Yield2.5%
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Average Duration4.4 Years
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Average Credit Quality2AA
Objectives
The Fund’s objective is to provide above average, long-term total returns consisting of both income and capital gains by investing primarily in a portfolio of fixed income securities and equities.
Investment Focus
The Fund seeks to provide capital growth while moderating equity volatility by investing in a diversified portfolio of equities and bonds. It is unrestricted in both credit quality and geographic allocation.
Fund Facts
March 31, 2025Inception Date | December 28, 2011 |
Currency | CAD |
Fund AUM | $150.2 Million |
NAVPU | $21.61 |
Management Fee | 1.50% |
MER as of December 31, 2024 | 1.78% |
Minimum Initial Investment | $500 |
Minimum Subsequent Investment | $100 |
Liquidity | Daily |
RSP Eligible | Yes |
Portfolio Characteristics - Fixed Income
Number of Securities | 87 |
Number of Issuers | 84 |
Average Term to Maturity (Years) | 6.1 |
Average Duration (Years) | 4.4 |
Average Coupon (%) | 2.5% |
Yield to Maturity (%) | 3.5% |
Current Yield (%) | 2.5% |
Average Credit Quality2 | AA |
Portfolio Characteristics - Equity
Number of Securities | 43 |
Dividend Yield (%) | 1.9% |
Credit Quality Breakdown
AA & Higher | 67.3% |
A | 18.4% |
BBB | 10.4% |
BB & Lower | 3.7% |
Not Rated | 0.2% |
Portfolio
Top 10 Holdings (Equity)
Security | % of Fund |
---|---|
Manulife Financial Corp. | 2.3% |
BCE Inc. | 1.7% |
UniCredit S.p.A | 1.7% |
Spirit Aerosystems Holdings Inc. | 1.6% |
Bird Construction Inc. | 1.6% |
AtkinsRealis Group Inc | 1.6% |
Commerzbank AG - ORD | 1.6% |
Albertsons Cos Inc | 1.5% |
BT Group PLC | 1.5% |
The Boeing Company | 1.5% |
Total | 16.6% |
Top 10 Holdings (Fixed Income)
Security | % of Fund | Rating |
---|---|---|
Canada 0.25% Mar 1, 2026 | 20.9% | AAA |
Canada 0.5% Dec 1, 2030 | 8.1% | AAA |
Scotia Capital Inc. NHA MBS (97528147) 3.7% Mar 1, 2029 | 3.2% | AAA |
Canada RRB 4.0% Dec 1, 2031 | 2.1% | AAA |
Hydro Ottawa Capital 4.372% Jan 30, 2034/35 | 2.1% | A- |
Union Gas Ltd. 4.2% Jun 2, 2044 | 1.9% | A- |
TD Bank Sr. Unsec. 4.133% Jan 9, 2032/33 | 1.5% | A |
Toyota Credit Canada Inc 4.33% Jan 24, 2028 | 1.3% | A+ |
TransCanada Pipelines 3.8% Apr 5, 2027 | 1.2% | BBB+ |
TD Bank NHA MBS (97530929) 3.04% Feb 1, 2030 | 1.1% | AAA |
Total | 43.4% |
Geographic Breakdown
Canada | 77.6% |
USA | 17.5% |
South America | 0.1% |
Europe | 4.8% |
Performance
Inception Date
December 28, 2011
As of Date
March 31, 2025
Compound Returns
1 Month | 3 Months | YTD | 1 Year | 3 Year (Annualized) |
5 Year (Annualized) |
10 Year (Annualized) |
Since Inception (Annualized) |
-1.0% | 0.7% | 0.7% | 9.6% | 7.8% | 18.5% | 7.1% | 9.9% |
Calendar Year Returns
Awards

FundGrade A+® Awards
The FundGrade A+® Award is given annually to investment funds and their managers who have shown consistent, outstanding, risk-adjusted performance through the year.
Global Equity Balanced
Distributions
Distributions
Distribution Frequency | Quarterly |
Most Recent Distribution per Unit | $0.0359 |
12-Month Trailing Distribution Yield | 1.3% |
Next Record Date | June 19, 2025 |
Next Distribution Date | June 20, 2025 |
Quarterly Distributions
Record Date | Distribution Date |
---|---|
March 20, 2025 | March 21, 2025 |
June 19, 2025 | June 20, 2025 |
September 18, 2025 | September 19, 2025 |
December 18, 2025 | December 19, 2025 |
Distributions ($)/Unit3 | YTD* | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|---|
Total Distributions | 0.0359 | 0.3003 | 0.1771 | 1.1296 | 2.6543 | 0.0301 | 0.1112 | 1.2100 | 0.0210 | 0.5712 | 0.7556 |
Interest | - | 0.0118 | 0.0480 | 0.0154 | 0.0046 | 0.0048 | 0.0151 | 0.0115 | - | 0.0004 | - |
Dividends | - | 0.1558 | 0.1356 | 0.2880 | 0.1449 | 0.0268 | 0.1046 | 0.1643 | 0.0191 | 0.0915 | 0.0218 |
Capital Gains | - | 0.1421 | 0.0000 | 0.8345 | 2.5117 | - | - | 1.0395 | 0.0019 | 0.4799 | 0.7338 |
Withholding Tax | - | (0.0094) | (0.0065) | (0.0083) | (0.0069) | (0.0015) | (0.0085) | (0.0052) | - | (0.0006) | - |