Mutual Fund Updates

AGF Traditional Income Fund

With interest rates still pretty low by historic standards, many investors continue to look for ways to generate a decent cash flow, while still being able to earn a decent total return and not take on too much risk. This fund may be a good candidate to do just that. It invests in a mix of stocks and bonds and has the objective of paying a regular cash flow to investors, which is currently targeting 4% per year. It is paying a variable distribution that is currently averaging around 4.4 cents per month, which works out to an annualized yield of just under 5%

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TD U.S. Blue Chip Equity Fund

Fund Company TD Asset Management Fund Type U.S. Equity Rating B Style Large  Cap Growth Risk Level Medium Load Status No Load / Optional RRSP/RRIF Suitability Fair TFSA Suitability Fair Manager Larry Puglia since October 1996 MER 2.55% Code TDB   977 – No Load Units TDB   310 – Front End Units TDB   340 – DSC Units Minimum Investment $500 Analysis: As the name would suggest, the TD U.S. Blue...

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PH&N U.S. Dividend Income Fund

This fund invests in a relatively concentrated portfolio of U.S. based companies that have a growing dividend stream and attractive valuations. Most of the holdings are big, well know, blue chip companies like Johnson & Johnson, Chevron, Exxon Mobil and GE.

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TD Short Term Bond Fund

When yields jumped higher in the summer, this fund did exactly what it was supposed to do, hold its value better than bond funds that have a higher exposure to interest rates. While some were surprised when it dropped by slightly more than 1% in May and June, it more than held its own compared to the nearly 3.5% drop in the broader DEX Bond Universe Index.

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Fidelity Canadian Large Cap Fund

This has long been one of my favourite Canadian equity funds, and manager Daniel Dupont has done a stellar job since taking the reins. Between March 2011 and September 2013, the fund has gained nearly 40%, while the S&P/TSX Composite Index has lost nearly 2.3%.

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TD Entertainment and Communications Fund

Fund Company TD Mutual Funds Fund Type Global Equity Rating A Style Growth Risk Level High Load Status No Load / Optional Manager Daniel Martino since October 2009 MER 2.82% Code TDB 652 – No Load Units TDB 324 – Front End Units TDB 354 – DSC Units Minimum   Investment $500 Analysis: Finally, a fund after my own heart – entertainment and communications! The TD Entertainment and Communications...

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