Overview
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Asset ClassEquity
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CIFSC CategoryCanadian Dividend & Income Equity
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Risk RatingMedium to High
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Number of Securities29
Objectives
The Fund’s investment objective is to earn income and to achieve long term capital growth through a diversified portfolio composed primarily of equity securities; however, other equity-like income- producing securities, debt and money market securities may be used to achieve its objective.
Investment Focus
A Canadian equity fund with a concentrated portfolio that focuses on income producing securities.
Fund Facts
November 30, 2024Inception Date | December 30, 2014 |
Currency | CAD |
Fund AUM | $12.0 Million |
NAVPU | $12.94 |
Management Fee | 0.80% |
MER as of June 30, 2024 (unaudited) | 1.20% |
Minimum Initial Investment | $500 |
Minimum Subsequent Investment | $100 |
Liquidity | Daily |
RSP Eligible | Yes |
Portfolio Characteristics
Dividend Yield | 2.6% |
Portfolio Characteristics
Number of Securities | 29 |
Dividend Yield (%) | 3.3% |
Portfolio
Top 10 Holdings
Security | % of Fund |
---|---|
Manulife Financial Corp. | 5.7% |
Canadian Imperial Bank of Commerce | 5.3% |
National Bank | 5.0% |
Royal Bank of Canada | 4.9% |
Alamos Gold Inc. | 4.6% |
Bank of Nova Scotia | 4.5% |
Fairfax Financial | 4.3% |
Imperial Oil Ltd. | 4.2% |
Primaris Retail REIT | 4.2% |
Boston Properties Inc | 4.0% |
Total | 46.7% |
Geographic Breakdown
CAD | 92.4% |
US | 4.0% |
Other | 3.6% |
Performance
Inception Date
December 30, 2014
As of Date
November 30, 2024
Compound Returns
1 Month | 3 Months | YTD | 1 Year | 3 Year (Annualized) |
5 Year (Annualized) |
Since Inception (Annualized) |
0.6% | 5.0% | 24.0% | 25.9% | 17.2% | 9.1% | 4.5% |
Calendar Year Returns
Awards
LSEG Lipper Fund Awards
The LSEG Lipper Fund Awards Canada, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
Best Canadian Dividend & Income Equity Fund Over 3 Years
Distributions
Distributions
Distribution Frequency | Quarterly |
Most Recent Distribution per Unit | $0.0807 |
12-Month Trailing Distribution Yield | 2.2% |
Next Record Date | December 30, 2024 |
Next Distribution Date | December 31, 2024 |
Quarterly Distributions
Record Date | Distribution Date |
---|---|
March 20, 2025 | March 21, 2025 |
June 19, 2025 | June 20, 2025 |
September 18, 2025 | September 19, 2025 |
December 30, 2025 | December 31, 2025 |
Distributions ($)/Unit2 | YTD* | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|---|---|---|---|---|
Total Distributions | 0.2214 | 0.2824 | 0.1812 | 0.1650 | 0.2086 | 0.2595 | 0.3861 | 1.0422 | 0.5421 | 0.3717 |
Interest | - | 0.0646 | 0.0014 | - | - | - | - | - | - | - |
Dividends | - | 0.2180 | 0.1798 | 0.1650 | 0.2086 | 0.2595 | 0.3861 | 0.4906 | 0.5421 | 0.3717 |
Capital Gains | - | - | - | - | - | - | - | 0.5516 | - | - |
Withholding Tax | - | (0.0002) | - | - | - | - | - | - | - | - |