PORTFOLIO MANAGEMENT
CREDIT QUALITY
As at 07/31/2025
| col1 | col12 | col3 |
|---|---|---|
| AAA 13.5% | A 22.8% | BB 10.6% |
| AA 14.8% | BBB 25.6% | B-N/R 12.7% |
CALENDAR RETURNS (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
COMPOUND RETURNS (%)
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
TOP BOND HOLDINGS (%)
As at 07/31/2025
| United States Treasury, 4.250% May 15 35 | 2.1 |
| Hungary Government International Bond, 3.000% Aug. 21 30 | 1.5 |
| Mexican Bonos Desarr Fixed Rate, 7.750% Nov. 23 34 | 1.5 |
| Notas Do Tesouro Nacional., 10.000% Jan. 01 31 | 1.5 |
| Republic of South Africa, 8.875% Feb. 28 35 | 1.4 |
| Freddie Mac Stacr Remic Trust, 8.689% Apr. 25 42, Series 2022-DNA3, Class "M2" | 0.9 |
| Fannie Mae Connecticut Avenue Securities, 6.753% Dec. 25 42, Series 2023-R01, Class "1M-1" | 0.8 |
| Freddie Mac Stacr Remic Trust, 6.339% Mar. 25 44, Series 2024-HQA1, Class "M2" | 0.7 |
| Freddie Mac Stacr Remic Trust, 6.453% Apr. 25 43, Series 2023-DNA2, Class "M1A" | 0.7 |
| Fannie Mae Connecticut Avenue Securities, 6.303% Mar. 25 44, Series 2024-R03, Class "2M-2" | 0.7 |
| Total allocation in top holdings | 11.8 |
- 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.