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
For the most part, the Basket’s investment process is based on fundamental research. Security selection is based on knowledge of the company, its industry and its growth prospects. An extensive credit analysis for each security and an assessment of risk profiles, relative performance and general conditions are completed in order to confirm the selection and the relative weight of each component security. Your Investment Advisor may provide you with an Investment Policy Statement.
Details
Investment horizon
At least 1 year
Code
844000
Inception Date:
October 1, 2002
Initial minimum investment:
Closed to new investors
Subsequent Investment:
Closed to new investors
Portfolio Manager:
Fiera Capital Corporation
Benchmark:
Morningstar Can Corp Bd GR CAD
Risk Management
This investment is not guaranteed and its value can go down as well as up.
Low
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 |
|---|---|
| $1 or more | 0.75% |
Mandate Statistics
Average Coupon
4.17%
Yield to Maturity
3.77
Average Duration
5.48
Allocation by Maturity
| Mid Term | 34.45% | |
| Short Term | 33.11% | |
| Long Term | 32.43% |
Top Holdings (%)
| Sun Life Financial Inc 2.80% 21-Nov-2028 | 7.04% |
| Manulife Finance LP 5.06% 15-Dec-2036 | 6.23% |
| Bell Canada 7.30% 23-Feb-2032 | 6.16% |
| Rogers Communications Inc 3.65% 31-Jan-2027 | 5.99% |
| Choice Properties REIT 4.18% 08-Mar-2028 | 5.77% |
| Canadian Imperial Bank Commrce 5.30% 16-Jan-2034 | 5.57% |
| Bank of Montreal 4.42% 17-Jun-2029 | 5.45% |
| Toronto-Dominion Bank 4.13% 09-Jan-2032 | 5.16% |
| Enbridge Inc 4.56% 25-Nov-2034 | 4.56% |
| Bank of Montreal 4.71% 07-Nov-2027 | 4.52% |
| Total | 56.45% |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 4.85 | 7.81 | 8.57 | -9.50 | -1.18 | 8.18 | 8.17 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| 0.80 | 2.53 | 3.51 | 6.30 | 7.77 | 2.33 | 3.50 | 4.80 |
Returns before management fees