Tradex Bond Fund


Fund Details

Since inception date: September 7, 1989
 
Portfolio adviser: Foyston, Gordon and Payne Inc.
 
Total value on July 31, 2017: $23.0 Million
 
Eligible for registered plans: Yes
 
Minimum initial investment*: $1,000
 
Minimum subsequent investment: $100
 
Fund code: TMI002
 
Volatility: Low to Medium


*The $1,000 minimum is waived in cases where the investor sets up a regular pre-authorized debit plan from his/her bank account. It is also waived in cases where parents or grandparents establish an in trust account for a minor.

Investment Objectives

The Fund invests mainly in a diversified portfolio of Government of Canada, provincial/municipal government and investment grade Canadian corporate bonds. In addition, up to 30% of the portfolio may be invested in dividend paying equity securities, such as common shares and preferred shares of Canadian companies and real estate investment trusts.

Any change in these fundamental investment objectives would require the approval of unit holders of this Fund.

Compound Returns

As at July 31, 2017
 

May be suitable for investors who:

• Seek a regular income from their investment
• Seek a diversified income fund that will provide moderate capital growth
• Are willing to accept a low-to-medium level of risk

Risks of Investing in the Fund
  • Active management risk, asset-backed securities and mortgage-backed securities risk, convertible securities risk, credit risk, equity risk, exchange-traded fund risk, floating rate note risk, interest rate risk, liquidity risk, real estate companies and investment trusts risk, regulatory risk, small company risk, specific issuer risk, tax policy risk

  • Refer to the Simplified Prospectus for more details

  • Performance: Period Ending July 31, 2017

    To view rates of return click here.

    To view the Quarterly Reports on the Fund click here.

    More Information

    To view the Simplified Prospectus, Fund Facts or other Regulatory Documents, click here.

    For information on the other two Tradex funds, click Tradex Equity Fund or Tradex Global Equity Fund.

    Add a little bit of body text (5)