PORTFOLIO MANAGEMENT
CREDIT QUALITY
As at 10/31/2025
| col1 | col12 | col3 |
|---|---|---|
| AAA 24.0% | A 21.1% | BB 9.9% |
| AA 13.0% | BBB 22.6% | B-N/R 9.4% |
CALENDAR RETURNS (%)
As at 11/30/2025
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 4.3 | — | — | — | — | — | — | — | — | — |
COMPOUND RETURNS (%)
As at 11/30/2025
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
|---|---|---|---|---|---|---|---|
| 0.4 | 1.1 | 2.5 | 4.4 | — | — | — | 4.5 |
TOP BOND HOLDINGS (%)
As at 10/31/2025
| United States Treasury, 4.250% May 15 35 | 3.6 |
| Mexican Bonos Desarr Fixed Rate, 7.750% Nov. 23 34 | 2.1 |
| Notas Do Tesouro Nacional., 10.000% Jan. 01 31 | 1.5 |
| Hungary Government International Bond, 3.000% Aug. 21 30 | 1.4 |
| Republic of South Africa, 8.875% Feb. 28 35 | 1.0 |
| Toronto-Dominion Bank (The), 4.109% Oct. 13 28 | 0.9 |
| Onslow Bay Financial LLC, 1.000% Jul. 25 64, Series 25- NQM2, Class "A1" | 0.9 |
| Toronto-Dominion Bank (The), 4.808% Jun. 03 30 | 0.8 |
| Fannie Mae Connecticut Avenue Securities, 6.653% May 25 43, Series 2023-R04, Class "1M-1" | 0.8 |
| Freddie Mac Stacr Remic Trust, 8.689% Apr. 25 42, Series 2022-DNA3, Class "M2" | 0.8 |
| Total allocation in top holdings | 13.8 |
- 1. 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 mutual fund is a suitable investment for them.
- 2. FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved.
- . 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.