What is a Basket?
It is an investment model that is managed by a professional portfolio manager on a discretionary basis in your brokerage account. You directly own its underlying securities and receive the dividends and/or interest paid.
Investment Strategy
The Dividend Basket is predicated on a value style of investing, which aims to highlight quality companies that may have temporarily fallen out of investor favour. At the same time, the portfolio manager will look for companies with above average dividend yields (superior to that of the S&P/TSX Composite Index). Minimizing volatility through sound diversification across industry sectors will also remain a priority for theDividend Basket. An emphasis will be put on companies with solid balance sheets, adequate dividend coverage and a good dividend payment history. Your Investment Advisor may provide you with the complete Investment Policy Statement.
Details
Investment horizon
At least 5 year
Code
761114
Inception Date:
July 31, 1995
Initial minimum investment:
$31,833 CAD*
Subsequent Investment:
$31,833 CAD*
Portfolio Manager:
Fiera Capital Corporation
Benchmark:
Morningstar Can High Div Low Vol GR CAD
* Contingent on the market value of the Basket and accrued interests/dividends at the time of purchase.
Risk Management
This investment is not guaranteed and its value can go down as well as up.
Medium
How much does it cost?
The fees you pay depend on the type of agreement you signed with your investment advisor. This agreement prevails over the following table. Should you have no such signed agreement, the following charges apply.
| Investment | Fees |
|---|---|
| from $1 to $250,000 | 1.75% |
| from $250,000.01 to $500,000 | 1.55% |
| from $500,000.01 to $1,000,000 | 1.30% |
| $1,000,000.01 or more | 1.05% |
Mandate Statistics
Dividend Yield
2.71
Sector Allocation
| Financial Services | 37.97% | |
| Consumer Services | 18.72% | |
| Telecommunications | 11.59% | |
| Industrial Services | 10.98% | |
| Energy | 8.14% | |
| Utilities | 7.51% | |
| Industrial Goods | 4.90% | |
| Cash and Cash Equivalent | 0.19% |
Top Holdings (%)
| Royal Bank of Canada | 7.12% |
| Bank of Montreal | 5.82% |
| National Bank of Canada | 5.61% |
| Toromont Industries Ltd | 4.90% |
| Quebecor Inc Cl B | 4.84% |
| iA Financial Corp Inc | 4.73% |
| Loblaw Cos Ltd | 4.62% |
| Metro Inc | 4.54% |
| Power Corp of Canada | 4.53% |
| Fortis Inc | 4.33% |
| Total | 51.04% |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| -2.50 | 23.69 | 17.50 | 10.34 | 1.93 | 25.57 | 1.05 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| -2.50 | 2.87 | 6.72 | 19.07 | 14.31 | 15.13 | 11.57 | 10.30 |
Returns before management fees