PH&N Total Return Bond Fund
With more cuts to interest rates expected from the Bank of Canada, this high quality bond fund becomes my top pick. At the end of December, it had a duration of 7.3 years, which is slightly less than the 7.6 years of the FTSE TMX Canadian Universe Bond Index. The fund itself is very much like the stalwart PH&N Bond Fund, except the managers have a little more flexibility which allows them to...
Read MoreDynamic Advantage Bond Fund
When it had appeared that interest rates in Canada were likely going to rise, the defensive positioning of this fund resulted in it being my top bond fund pick. With a shorter duration and more conservative asset mix, it was well positioned to withstand the increased volatility in the bond market, and was expected to hold up better when yields started to rise. That all changed a few weeks ago...
Read MoreCI Signature High Income Fund
Fund Company CI Investments Inc. Fund Type Global Neutral Balanced Rating A Style Large Cap Blend Risk Level Low to Medium Load Status Optional RRSP/RRIF Suitability Excellent Manager Eric Bushell since Dec. 2010 MER 1.60% Fund Code CIG 686 – Front End Units CIG 786 – DSC Units Minimum Investment $500 Minimum Investment $500 Analysis: When I think of best in class balanced funds this one is...
Read MoreMawer Balanced Fund
Fund Company Mawer Investment Management Fund Type Global Neutral Balanced Rating B Style Blend Risk Level Medium Load Status No Load RRSP/RRIF Suitability Excellent Manager Greg Peterson since June 2006 MER 0.96% Fund Code MAW 104 – No Load Units Minimum Investment $5,000 FID 569 – DSC Units Minimum Investment $500 Analysis: This has been one of the strongest balanced funds around for many...
Read MoreFidelity Monthly Income Fund
Fund Company Fidelity Investments Canada Fund Type Canadian Neutral Balanced Rating A Style Large Cap Value Risk Level Low - Medium Load Status Optional RRSP/RRIF Suitability Good Manager Geoff Stein since April 2011 David Wolf since March 2014 MER 2.10% Fund Code FID 269 – Front End Units FID 569 – DSC Units Minimum Investment $500 Analysis: I have been a fan of this fund since just after Geoff...
Read MoreManulife Monthly High Income Fund
Fund Company Manulife Mutual Funds Fund Type Canadian Neutral Balanced Rating A Style Large Cap Blend Risk Level Low – Medium Load Status Optional RRSP/RRIF Suitability Excellent Manager Alan Wicks since Sept 1997 Jonathan Popper since Sept 1997 MER 2.11% Fund Code MMF 583 – Front End Units MMF 483 – DSC Units Minimum Investment $500 Analysis: This is a fund that has been on my radar for a few...
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