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 Equity Income Basket is equipped with a dual mandate. On one hand, it seeks to generate long-term value. On the other hand, the Basket seeks to generate an attractive current yield via its focus on equities with a higher dividend and income trusts. The Basket’s overall objective is to obtain a current yield of at least 3%. In order to minimize volatility, sound diversification across sectors and regions will also remain apriority. Your Investment Advisor may provide you with a Investment Policy Statement.
Details
Investment horizon
At least 5 year
Code
762809
Inception Date:
August 31, 2005
Initial minimum investment:
$82,036 CAD*
Subsequent Investment:
$82,036 CAD*
Portfolio Manager:
Fiera Capital Corporation
Benchmark:
Morningstar CAN Canadian Divid&Inc Eq (65%)
Morningstar US Large GR CAD (35%)
* 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 following charges will apply at all times in addition to the fees if an agreement has been signed with your investment advisor.
| Investment | Fees |
|---|---|
| $1 or more | 0.45% |
Mandate Statistics
Dividend Yield
1.74
Sector Allocation
| Financial Services | 31.93% | |
| Consumer Services | 28.66% | |
| Technology | 14.69% | |
| Industrial Services | 8.17% | |
| Industrial Goods | 5.95% | |
| Telecommunications | 5.86% | |
| Consumer Goods | 4.62% | |
| Cash and Cash Equivalent | 0.12% |
Top Holdings (%)
| Royal Bank of Canada | 5.51% |
| Loblaw Cos Ltd | 5.16% |
| Metro Inc | 4.90% |
| Mastercard Inc Cl | 4.72% |
| Costco Wholesale Corp | 4.67% |
| Toromont Industries Ltd | 4.52% |
| Constellation Software Inc | 4.50% |
| National Bank of Canada | 4.39% |
| Dollarama Inc | 4.22% |
| TJX Cos Inc | 4.07% |
| Total | 46.66% |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 4.58 | 20.23 | 14.02 | -0.36 | 28.23 | 4.34 | 24.37 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| 0.02 | -1.98 | 0.88 | 7.38 | 12.94 | 14.87 | 11.23 | 7.90 |
Returns before management fees