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 composed of stripped coupons and residual securities. Through active management, the manager intends to optimize returns while minimizing risks. Your Investment Advisor may provide you with an Investment Policy Statement.
Details
Investment horizon
At least 1 year
Code
844083
Inception Date:
January 11, 1999
Initial minimum investment:
$56,976 CAD*
Subsequent Investment:
$28,488 CAD*
Portfolio Manager:
Fiera Capital Corporation
Benchmark:
Morningstar Canada Government and Provincial Bond 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 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
-
Yield to Maturity
3.27
Average Duration
6.82
Allocation by Maturity
| Short Term | 42.38% | |
| Long Term | 29.74% | |
| Mid Term | 27.88% |
Top Holdings (%)
| Ontario Province 02-Dec-2031 | 14.20% |
| Ontario Province 02-Dec-2033 | 13.68% |
| Hydro-Quebec 15-Feb-2026 | 12.69% |
| Canada Government 01-Jun-2027 | 12.18% |
| Ontario Province 02-Jun-2029 | 11.93% |
| Ontario Province 02-Dec-2038 | 9.17% |
| Ontario Province 02-Jun-2042 | 8.14% |
| Quebec Province 01-Dec-2036 | 7.43% |
| Hydro-Quebec 15-Aug-2028 | 5.58% |
| Quebec Province 01-Dec-2039 | 2.55% |
| Total | 97.55% |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 3.93 | 4.39 | 6.40 | -10.93 | -2.67 | 10.19 | 6.01 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| 0.76 | 3.19 | 2.37 | 5.09 | 5.22 | 0.22 | 2.28 | 4.30 |
Returns before management fees