The Fund seeks a high level of current income and long-term growth of capital by investing in a wide range of fixed-income and other income-producing securities from around the world.
Acuity's investment philosophy focuses on purchasing reasonably priced securities with appealing growth characteristics to hold over the mid to long term. The fixed-income strategy emphasizes quality while focusing on managing term and duration.
|DATE||$ CLOSE||PREV. $ CLOSE||$ CHANGE||YTD % CHANGE|
|AS OF MAR 07, 2014||15.53||15.52||+0.01||+4.2|
|FUND||1 MO.||3 MO.||6 MO.||YTD||1 YR.||2 YR.||3 YR.||5 YR.||10 YR.||PSD^|
|Fund Prices||Payment Date||Total Dividend||Income Rate||Capital Gain||Return On Capital|
|Government of Canada 2.75% June 1, 2022||4.0%|
|Algonquin Power Co. 4.65% February 15, 2022||1.6%|
|Rogers Communications Inc. 4.70% September 29, 2020||1.4%|
|GE Capital Canada Funding Co. 4.60% January 26, 2022||1.3%|
|Momentive Performance Materials Inc. 8.875% October 15, 2020||1.2%|
|Kinetic Concepts Inc. 10.50% November 1, 2018||1.1%|
|Just Energy Group Inc. 6.00% June 30, 2017||1.1%|
|Bombardier Inc. 6.125% January 15, 2023||1.1%|
|Western Energy Services Corp. 7.88% January 30, 2019||1.1%|
|Clear Channel Worldwide Holdings Inc. 7.625% March 15, 2020||1.0%|
|Government / Government Sponsored||8.6%|
|INVESTED MARCH 31, 2003|
|Canadian Fixed Income||32.6%|
|U.S. Fixed Income||29.8%|
|International Fixed Income||6.7%|
|Cash & Cash Equivalents||1.7%|
|Fund type:||Global balanced|
|Fund start date:||March 31, 2003|
|Performance start date:||March 31, 2003|
|Lead manager start date:||March 2003|
|Total net assets:||$292.1 million|
The Fund's targeted annual distribution changed from a fixed-dollar payout of $0.085/unit to a fixed-percentage payout of 4%, paid monthly, effective November 1, 2013. On August 12, 2009, unitholders approved a change in the investment objective increasing the portfolio's diversification to include high-yielding and dividend-paying securities.
Please refer to AGF.com for distribution information. ˜MER as of September 30, 2013. ¹ The distribution is not guaranteed, may be adjusted from time to time at the discretion of the fund manager and may vary from payment to payment. Amount shown, if any, is the most recent distribution amount. ¤ Cash is not included. Note: numbers may not add up to 100% because of rounding.
The information contained in this fund profile is designed to provide you with general information related to investment alternatives and strategies and is not intended to be comprehensive investment advice applicable to the circumstances of the individual. We strongly recommend you to consult with a financial advisor prior to making any investment decisions. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share and/or unit value and reinvestment of all dividends and/or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated. The payment of distributions should not be confused with a fund's performance, rate of return or yield. If distributions paid by the fund are greater than the performance of the fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a fund, and income and dividends earned by a fund, are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base falls below zero, you will have to pay capital gains tax on the amount below zero. The performance of a Fund may have been different had events such as mergers, portfolio manager changes and investment objective changes not taken place.