To provide a reasonably stable level of income and modest capital growth, while also preserving capital, through investing primarily in bonds, with some exposure to REITs and dividend-paying stocks.
You have a medium to long-term investment time horizon (i.e., over 3 years) and a low to moderate tolerance for risk. Consider this fund if you are seeking a diversified income solution that will provide a combination of current income, modest capital growth and inflation protection. The fund is designed to serve as a core income holding within a portfolio, if applicable.
Canada-focused: the portfolio manager invests primarily in fixed income instruments and income-producing securities issued by Canadian governments and corporations.
The majority of the fund's assets are held in bonds. The manager closely monitors the attractiveness of corporate bonds in relation to government-issued bonds, and will concentrate the fixed income portion of the portfolio wherever the best relative value is found. A smaller portion of dividend-paying common stocks and REITs are included in the portfolio to enhance the fund's yield and provide greater capital growth potential and protection from inflation.
Estimated long-term mix:
Connor, Clark & Lunn Investment Management Ltd.