Sionna Diversified Income Fund Series F (CAD)
- Distribution Frequency: Monthly
- Number of Holdings: 26
- Total Net Assets: C$66 M
REASONS TO OWN
Features
- 85% in Canadian dividend paying stocks managed by Sionna
- 15% in U.S. corporate bonds (hedged) managed by Brandes
- Above market dividend yield
- 5% targeted annual distribution, paid monthly
Benefits
- Potential for long-term outperformance with less volatility
- U.S. bonds (hedged) provide additional source of income & diversification without currency risk
- Harnesses dividends to contribute to total-returns
- Provides a monthly income stream
PORTFOLIO ADVISOR
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 192 | - |
| A | DSC | 292 | - |
| A | LL | 224 | - |
| F | - | 592 | - |
Inception: December 29 2006|Series F (CAD)|MER: 1.17 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | 3-Yr | 5-Yr | 7-Yr | 10-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sionna Diversified Income Fund | 0.35 | 1.92 | -2.27 | -2.27 | 4.07 | 4.88 | 6.40 | 6.28 | 5.26 | 4.33 | ||
| Sionna Diversified Income Benchmark** | 1.21 | 4.98 | 1.02 | 1.02 | 7.49 | 5.61 | 7.58 | 5.37 | 4.44 | 5.01 | ||
| Calendar Year Performance (%) | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sionna Diversified Income Fund | -28.68 | 28.60 | 13.08 | -1.03 | 12.39 | 16.66 | 5.82 | -9.40 | 24.45 | 5.02 | ||
| Sionna Diversified Income Benchmark** | -26.13 | 30.15 | 15.33 | -5.10 | 7.66 | 9.79 | 9.19 | -5.90 | 16.38 | 7.56 | ||
As of: June 30, 2018
$16,285.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Brandes Corporate Focus Bond Fund (Hedged) Class I | 16.9 % |
| Toronto Dominion Bank | 6.0 % |
| Bank of Nova Scotia | 5.4 % |
| Brookfield Renewable Energy | 5.0 % |
| Brookfield Infrastructure PA | 4.8 % |
| Great-West Lifeco Inc. | 4.7 % |
| Prairiesky Royalty Ltd. | 4.5 % |
| CI Financial Corp | 4.3 % |
| TELUS Corp. | 3.7 % |
| Computer Modelling Group Ltd. | 3.6 % |
| Top 10 Total | 58.9 % |
| Total # of Securities | 26 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 35.1 % |
| Investment Funds | 16.9 % |
| Energy | 14.2 % |
| Utilities | 11.5 % |
| Real Estate | 7.7 % |
| Telecommunication Services | 3.7 % |
| Information Technology | 3.6 % |
| Consumer Discretionary | 2.7 % |
| Industrials | 2.5 % |
| Other | 1.9 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Canadian Equity | 81.2 % |
| Fixed Income – Investment Funds | 16.9 % |
| Other | 1.9 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Performance is shown for the class selected. The foregoing reflects the thoughts and opinions of Brandes Investment Partners & Co., operating as Bridgehouse Asset Managers™ exclusively and is subject to change without notice. Bridgehouse has taken reasonable steps to provide current, accurate information from sources believed to be reliable however Bridgehouse is not responsible for any errors or omissions contained herein. As manager of the Bridgehouse Funds, Bridgehouse has hired Brandes Investment Partners, L.P., Sionna Investment Managers Inc., Greystone Managed Investments Inc., and Lazard Asset Management, Inc. as portfolio sub-advisors in respect of the Bridgehouse Funds. Units of the Bridgehouse Funds are available through registered dealers only. Indexes are unmanaged and cannot be directly invested into. Securities mentioned herein are not to be construed as a recommendation to buy or sell. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.