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
This Basket invests in a variety of asset classes and seeks to optimize the risk-return relationship. The manager will likely modify his investment mix (within a specified range) in order to reap the potential advantages associated with altering market conditions. Your Investment Advisor may provide you with an Investment Policy Statement.
Details
Investment horizon
At least 3 years
Code
76292S
Inception Date:
January 1, 2000
Initial minimum investment:
$45,542 CAD*
Subsequent Investment:
$45,542 CAD*
Portfolio Manager:
Fiera Capital Corporation
Benchmark:
Morningstar Can 90 Day T-Bill GR CAD (5%)
Morningstar Can Core Bd GR CAD (45%)
Morningstar Canada GR CAD (30%)
Morningstar US TME TR CAD (10%)
Morningstar DM xNA TME GR CAD (10%)
* 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 to 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 | 0.35% |
Mandate Statistics
Dividend Yield
1.59
Asset Allocation (%)
| Canadian Equity | 32.00% | |
| Canadian Corporate Bonds | 24.76% | |
| International Equity | 9.65% | |
| US Equity | 8.33% | |
| Canadian Government Bonds | 8.22% | |
| Foreign Government Bonds | 5.27% | |
| Derivatives | 4.53% | |
| Cash and Equivalents | 2.25% | |
| Foreign Corporate Bonds | 2.12% | |
| Canadian Bonds - Other | 2.10% | |
| Other | 0.79% |
Top Holdings (%)
| Global X Active U-Sh T Invest Grade Bond ETF (HFR) | 16.64% |
| Global X Active Cdn Bond ETF (HAD) | 13.60% |
| Global X Active Corporate Bond ETF (HAB) | 10.83% |
| Global X Active Global Fixed Income ETF (HAF) | 8.47% |
| iShares MSCI EAFE ETF (EFA) | 6.69% |
| Global X S&P/TSX Capped Comp Ind CC ETF (HXCN) | 6.24% |
| SPDR S&P 500 ETF Trust (SPY) | 4.20% |
| WisdomTree Japan Hedged Equity ETF (DXJ) | 2.92% |
| Invesco S&P 500 Eql Wght ETF (RSP) | 2.89% |
| Toromont Industries Ltd | 2.22% |
| Total | 74.70% |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 8.47 | 15.07 | 11.66 | -5.25 | 9.84 | 6.76 | 13.82 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| 0.85 | 3.06 | 6.73 | 10.93 | 12.46 | 9.20 | 6.96 | 5.30 |
Returns before management fees