Key stats
About GLOBAL ACTIVE HYBRID BD AND PREFERR UNIT CL E
Expense ratio
0.69%
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Inception date
Oct 1, 2013
The fund actively and primarily invests in a portfolio of corporate debt and debt-like securities including preferred shares and hybrids from developed markets specifically in the US and Canada. The advisor uses fundamental research and credit analysis in selecting securities and determining the relative weights of each security. In seeking to manage risk, the fund may temporarily hold cash and/or money market instruments up to 20% and invest in sub-investment grade bonds limiting it to less than 50% of the portfolio. Since the fund is actively managed, allocation and maturity is at the discretion of the manager. The fund is designed for investors who are seeking a high level of income from a diversified portfolio delivering efficient exposure to the potential of North American hybrid and preferred stocks.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Industrial Services
Corporate
Stocks85.76%
Finance44.72%
Industrial Services19.89%
Utilities7.75%
Communications7.64%
Miscellaneous3.11%
Energy Minerals2.65%
Retail Trade0.00%
Bonds, Cash & Other14.24%
Corporate13.22%
Government0.64%
Cash0.39%
Top 10 holdings
Dividends
Dividend payout history