First Asset Canadian Dividend Opportunities
Originally launched as a closed end fund in 2010, it was converted into a mutual fund in April of last year. Since its launch, it has done a tremendous job of delivering above average returns with below average risk.
Read MoreDynamic Advantage Bond Fund
Managed by the team of Michael McHugh and Dominic Bellissimo, we believe this fund is well positioned for the current interest rate environment. First, it is heavily weighted to corporate bonds, with some exposure to high yield. This will increase the yield generated by the portfolio, allowing for higher returns in a flat rate environment and better downside protection when rates move higher. Second, approximately 10% of the fund is in investment grade foreign bonds, which will lower the sensitivity to Canadian interest rates. Third, the manager is actively working to control duration by using a number of strategies including selling long bonds, selling bond futures short and the use of floating rate notes.
Read MoreSentry Growth & Income Fund
I don’t know that it would have been possible to find a more inopportune time to launch a fund than the August 2008 start of this dividend focused offering. Those who had the stomach to stick around have been rewarded with stellar risk adjusted returns with an annualized return of 12.2% for the three years ending May 31. This outpaced the S&P/TSX Composite Index by more than 800 basis points per year. Even more impressive, the level of volatility has been well below both the category average and the broader market.
Read MoreApril 2013 Market Recap
Global Markets Rally Sharply Higher Global equities continued their impressive streak of gains while Canadian equities were lower thanks to continuing weakness in the materials and energy sectors. The S&P/TSX Composite Index shed 2.07%, while the S&P 500 gained 0.95% in Canadian dollar terms. The star of the month was the MSCI EAFE Index gaining 4.43%, besting all other major...
Read MoreGlobal Markets Rally Sharply Higher
Weakness in gold and materials continues to weigh on Canadian equities Global equities continued their impressive streak of gains while Canadian equities were lower thanks to continuing weakness in the materials and energy sectors. The S&P/TSX Composite Index shed 2.07%, while the S&P 500 gained 0.95% in Canadian dollar terms. The star of the month was the MSCI EAFE Index gaining 4.43%,...
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