Launched in August 2012, this offering is managed by the highly respected James Dutkiewicz, who before joining Sentry was a key member of CI’s Signature Global Advisors team. The fund is focused on corporate bonds, and at the end of May held 70% in corporates, 13% in cash and the rest in government bonds. Credit quality is high, with 82% in investment grade bonds. The duration is lower than the DEX Bond Universe, meaning it should be less sensitive to movements in interest rates than the broader bond market. While it’s a little too early in my opinion to make a definitive call on this fund, it does appear to be a strong offering. It has a solid manager behind it, and costs, at 1.51%, while not cheap are reasonable. It appears to be fairly well positioned for the current environment, and should hold up well in the second half.