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 Basket will be invested in various types of fixed-income securities in order to optimize, through active management, the return of the fixed income component of an investor’s portfolio. The global duration of the portfolio will be maintained within a spread of 2.5 years, relative to the duration of the DEX Universe Bond Index. Your Investment Advisor may provide you with the complete Investment Policy Statement.
Details
Investment horizon
At least 1 year
Code
76290S
Inception Date:
September 1, 2005
Initial minimum investment:
$47,980 CAD*
Subsequent Investment:
$47,980 CAD*
Portfolio Manager:
Fiera Capital Corporation
Benchmark:
Morningstar Can Core Bd 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.
Low
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 | 0.25% |
Mandate Statistics
Average Coupon
3.44%
Yield to Maturity
3.48
Average Duration
7.13
Allocation by Maturity
| Long Term | 42.82% | |
| Mid Term | 34.42% | |
| Short Term | 22.76% |
Top Holdings (%)
| Canada Housing Trust No 1 2.35% 15-Mar-2028 | 7.90% |
| Canada Housing Trust No 1 3.45% 15-Mar-2035 | 7.60% |
| Ontario Province 2.05% 02-Jun-2030 | 6.19% |
| Global X Active Corporate Bond ETF (HAB) | 4.99% |
| Quebec Province 5.75% 01-Dec-2036 | 4.87% |
| Canada Housing Trust No 1 1.10% 15-Mar-2031 | 4.75% |
| Ontario Province 2.25% 02-Dec-2031 | 4.57% |
| Ontario Province 4.60% 02-Jun-2039 | 4.31% |
| Ontario Province 2.90% 02-Dec-2046 | 4.26% |
| Bank of Nova Scotia 1.85% 02-Nov-2026 | 4.23% |
| Total | 53.67% |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 4.08 | 6.96 | 7.51 | -11.04 | -2.42 | 9.13 | 7.24 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| 0.73 | 3.17 | 2.79 | 5.34 | 6.73 | 1.07 | 2.73 | 4.10 |
Returns before management fees