PORTFOLIO MANAGEMENT
CREDIT QUALITY
As at 07/31/2025
| col1 | col12 | col3 |
|---|---|---|
| AAA 10.2% | BB 31.7% | D 0.0% |
| AA 6.9% | B 20.2% | NR 0.0% |
| A 12.9% | CCC 2.1% | |
| BBB 16.1% | CC 0.0% |
CALENDAR RETURNS (%) As at 07/31/2025
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 2.7 | 5.7 | 10.4 | -11.4 | 4.6 | 5.1 | 7.7 | — | — | — |
COMPOUND RETURNS (%) As at 07/31/2025
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
|---|---|---|---|---|---|---|---|
| 0.2 | 2.5 | 1.7 | 4.5 | 5.3 | 3.4 | — | 3.2 |
TOP 10 ISSUERS (%)
As at 07/31/2025
| col1 | col2 |
|---|---|
| US Treasury | 6.9 |
| Dynamic Active Discount Bond ETF | 5.4 |
| Canadian Government | 5.2 |
| Parkland Fuel Corp. | 3.5 |
| Toronto Dominion Bank | 3.1 |
| Capital Power Corp. | 2.9 |
| Pennymac Fin Svcs Inc. | 2.4 |
| Freedom Mortgage Corp. | 2.4 |
| Royal Bank of Canada | 2.2 |
| Wolf Midstream Canada LP. | 2.2 |
| Total allocation in top holdings | 36.2 |
DYNAMIC PREFERRED PRICING
Management fee rates are applied back to dollar one
| Fund Value | % |
|---|---|
| $0K - $250K | 1.400 |
| $250K - $1M | 1.325 |
| $1M - $5M | 1.275 |
| $5M+ | 1.225 |
- 1. For the period ended 2024-06-30.
- 2. This Monthly distribution is fixed but not guaranteed and may be adjusted from time to time at the discretion of the fund manager.
- 3. The yield is determined by annualizing the fixed distribution rate and does not include any distributions in excess of the fixed distribution rate that may be paid at the fund’s year-end.
- 4. Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this pool is a suitable investment for them.
- 5. FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved.
- . Distributions may consist of net income, dividends, net realized capital gains, and/or return of capital. Distributions are not guaranteed and investors should not confuse a fund’s distribution yield with its performance or rate of return.
- . Commissions, trailing commissions, management fees and expenses all may be associated with investments in pools. Please read the prospectus before investing.
- . The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the pool or returns on investment in the pool. Investments in pools are not guaranteed, their values change frequently and past performance may not be repeated.
- . Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.