(As of 10/31/2023)

Dynamic Preferred Yield Class Series A

(Preferred Share Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2021
2018
2017
2016



Inception Return
(4/10/2013) 		1.64 %
YTD Return -3.10 %
NAVPS
(11/29/2023) 		$7.75
Change $0.04 / 0.46 %
Growth of $10,000 (As of October 31, 2023)
MER 1.57 %
Assets ($mil) $563.44
Rank (1Yr) 25/70
Std Dev (3Yr) 16.67 %
Volatility Ranking (3Yr) 6/10
RRSP Eligibility Yes
Load Choice of Front or Back
Max Front End 5.00 %
Max Back End 6.00 %
Sales Status Open
 
Objective
Dynamic Preferred Yield Class seeks to provide dividend income while preserving capital through investing primarily in preferred shares of companies across North America.
Fund Manager

1832 Asset Management L.P.

Portfolio Manager

Marc-André Gaudreau, 1832 Asset Management L.P.

Sub-Advisor
Data not available
 
Asset Allocation
(As of August 31, 2023)
Sector Allocation
(As of August 31, 2023)
Geographic Allocation
(As of August 31, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
Toronto-Dominion Bank 5.75% PERPDomestic BondsFixed IncomeCanada2.98%
Northland Power Inc 9.25% 30-Jun-2028Domestic BondsFixed IncomeCanada2.19%
Enbridge Inc 3.737% Series 3Canadian EquityEnergyCanada1.94%
Fortis Inc 3.913% Redeemable Series MCanadian EquityUtilitiesCanada1.69%
TC Energy Corporation 3.903% First Preferred Series 7Canadian EquityEnergyCanada1.65%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada1.63%
Manulife Financial Corporation 3.80% Non-Cumulative Class 1 Series 17Canadian EquityFinancial ServicesCanada1.63%
Great-West Lifeco Inc - Pfd Sr GCanadian EquityFinancial ServicesCanada1.60%
Fairfax Financial Holdings Limited 3.708% Series ICanadian EquityFinancial ServicesCanada1.56%
Toronto-Dominion Bank - Pfd Cl A Sr 5Canadian EquityFinancial ServicesCanada1.55%

Performance Data (As of October 31, 2023)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -2.51 -4.83 -5.55 -3.10 -3.86 4.54 0.45 2.02
Benchmark -2.80 -5.55 -6.42 -4.04 -6.32 0.35 -0.94 0.44
Quartile Ranking 3 3 3 2 2 1 2 2

Calendar Return (%) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund -16.02 26.46 4.86 3.34 -10.08 14.24 7.29 -7.45 7.53 -     
Benchmark -18.08 19.35 6.16 3.48 -7.93 13.62 6.98 -14.95 6.82 -2.64
Quartile Ranking 2 1 4 2 3 2 3 1 1 -

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