Sionna Strategic Income Fund Series F (CAD)
- Distribution Frequency: Monthly
- Number of Holdings: 78
- Total Net Assets: C$111 M
REASONS TO OWN
The Sionna Strategic Income Fund invests in dividend-paying Canadian and global stocks, combined with the added stability and income of Canadian bonds and U.S. corporate bonds hedged back to the CAD.
Features
- 45% in Canadian dividend-paying stocks managed by Sionna
- 25% in global dividend-paying stocks managed by Brandes
- 20% in the Bridgehouse Canadian Bond Fund
- 10% in the Brandes Corporate Focus Bond Fund (Hedged)
- Monthly distributions targeting a 5% annual distribution yield
Benefits
- Provides one-stop exposure to value and yield orientated securities
- Holds the best dividend-paying stock selections from Sionna and Brandes
- Strategic asset mix between equity and bonds helps stabilize the portfolio in declining markets
- Provides investors with an income stream
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 131 | - |
| A | DSC | 231 | - |
| A | LL | 220 | - |
| F | - | 531 | - |
Inception: May 3 2019|Series F (CAD)|MER: 1.14 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|
| Sionna Strategic Income Fund | 0.79 | 3.06 | 8.07 | 8.07 | 19.95 | 6.47 | ||
| Sionna Strategic Income Benchmark** | 2.35 | 5.86 | 9.26 | 9.26 | 20.80 | 11.21 | ||
| Calendar Year Performance (%) | *2019 | 2020 | ||
|---|---|---|---|---|
| Sionna Strategic Income Fund | 5.13 | 0.79 | ||
| Sionna Strategic Income Benchmark** | 5.81 | 8.84 | ||
As of: June 30, 2021
$11,454.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Bridgehouse Canadian Bond Fund Series I | 19.4 % |
| Brandes Corporate Focus Bond Fund (Hedged) Series I | 10.2 % |
| Royal Bank of Canada | 3.9 % |
| Toronto Dominion Bank | 3.4 % |
| Bank of Nova Scotia | 3.0 % |
| TC Energy Corp | 2.7 % |
| Cash & Cash Equivalent | 2.5 % |
| TELUS Corp. | 2.3 % |
| Rogers Communications Inc. | 2.2 % |
| Pembina Pipeline Corp. | 2.0 % |
| Top 10 Total | 51.6 % |
| Total # of Securities | 78 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Investment Funds | 29.6 % |
| Financials | 23.9 % |
| Energy | 9.6 % |
| Communication Services | 8.4 % |
| Health Care | 5.1 % |
| Consumer Discretionary | 4.9 % |
| Utilities | 4.7 % |
| Consumer Staples | 4.6 % |
| Real Estate | 2.4 % |
| Industrials | 2.4 % |
| Other | 4.5 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Canadian Equity | 43.2 % |
| Fixed Income – Investment Funds | 29.6 % |
| Global Equity | 24.4 % |
| Other | 2.8 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Fund Commentary - Sionna Strategic Income Fund
Manager Commentary - Sionna
Prospectus Documents (page)
Portfolio Listings - Sionna Strategic Income Fund
Interim MRFP - Sionna Strategic Income Fund
MRFP - Sionna Strategic Income Fund
Monthly Profile Sheet - Sionna Strategic Income Fund - Series A
Monthly Profile Sheet - Sionna Strategic Income Fund - Series F
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., TD Asset Management 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. Performance is net of fees.
