TD Real Return Bond Fund
One of the biggest threats to the fixed income component of one’s portfolio is the impact inflation can have on its value. One product type which can help to address this erosion of value is a real return bond fund. Real return bond funds invest in real return bonds, which are bonds that adjust both the coupon payment and the principal value based on the level of inflation in the economy.
Read MoreDynamic Canadian Bond
Fund Company Dynamic Funds Fund Type Canadian Fixed Income Rating $$ Style Yield Curve Management Risk Level Low Load Status Optional RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager Michael McHugh since December 1998 MER 1.54% Code DYN 042 Minimum Investment $500 Analysis: The biggest drawback to the Dynamic Canadian Bond Fund is it’s relatively high MER. The MER is...
Read MoreRBC Canadian Dividend Fund
Fund Company RBC Global Asset Management Fund Type Canadian Dividend & Income Equity Rating $$ Style Large Cap Value Risk Level Medium Load Status No Load RRSP/RRIF Suitability Good TFSA Suitability Good Manager Stuart Kedwell since April 2007 Doug Raymond since April 2007 MER 1.77% Code RBF 266 Minimum Investment $500 Analysis: With assets of just under $13 billion, the RBC Canadian...
Read MoreFidelity Canadian Asset Allocation Fund
After the March and April departures of long-time managers Bob Swanson and Brandon Snow, the management team of the Fidelity Canadian Asset Allocation Fund underwent a significant restructuring. Geoffrey Stein and Derek Young stepped into the lead manager role and it took the responsibility of leading Fidelity’s fixed income and equity teams. In the simplest of terms, this fund is essentially a fund of fund, where the lead managers will set the asset mix of the Fidelity Canadian Asset Allocation Fund by adjusting the mix of a number of sub portfolios.
Read MoreRBC Monthly Income Fund
At just under $8 billion in assets, the RBC Monthly Income Fund ranks as one of the largest funds in the country. Despite its hulking size, the fund continues to reward investors with steady, stable performance. Despite a blip in 2009 when the fund finished in the third quartile, the fund has consistently been in the upper quartiles. Volatility has also been below both the fund’s benchmark and the broader category average. Even during the credit crisis of 2007 – 2009, the fund dropped approximately 19%, while the benchmark fell by more than 28%.
Read MoreDynamic Small Business Fund
The management team of Oscar Belaiche and Jason Gibbs look to provide long term capital growth by investing in small cap stocks. The Fund used to focus on income trusts however, since the demise of the income trust sector, they tend to focus on high yielding small and mid cap stocks, business trusts, royalty trusts and REIT’s. In addition to the capital gain opportunity, the fund also pays investors a monthly distribution of $0.014 per month, which translates into an income yield of approximately 1.7% at current prices. The yield on the underlying portfolio is estimated at 6.6%, which indicates that the level of distribution is very likely sustainable going forward.
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