Sionna Strategic Income Fund Series F (CAD)
- Distribution Frequency: Monthly
- Number of Holdings: 76
- 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: 1.17 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|
| Sionna Strategic Income Fund | 0.69 | 5.69 | 17.30 | 5.58 | 19.24 | 5.80 | ||
| Sionna Strategic Income Benchmark** | 1.76 | 5.65 | 14.58 | 5.03 | 21.48 | 10.02 | ||
| Calendar Year Performance (%) | *2019 | 2020 | ||
|---|---|---|---|---|
| Sionna Strategic Income Fund | 5.13 | 0.79 | ||
| Sionna Strategic Income Benchmark** | 5.81 | 8.84 | ||
As of: April 30, 2021
$11,188.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Bridgehouse Canadian Bond Fund Series I | 19.7 % |
| Brandes Corporate Focus Bond Fund (Hedged) Series I | 10.0 % |
| Royal Bank of Canada | 3.7 % |
| Toronto Dominion Bank | 3.4 % |
| Bank of Nova Scotia | 3.0 % |
| Cash & Cash Equivalent | 2.9 % |
| TC Energy Corp | 2.3 % |
| TELUS Corp. | 2.2 % |
| Restaurant Brands International | 2.2 % |
| Brookfield Infrastructure PA | 2.0 % |
| Top 10 Total | 51.4 % |
| Total # of Securities | 76 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Investment Funds | 29.7 % |
| Financials | 22.4 % |
| Energy | 8.4 % |
| Communication Services | 6.8 % |
| Consumer Staples | 6.3 % |
| Consumer Discretionary | 5.7 % |
| Health Care | 5.0 % |
| Utilities | 4.9 % |
| Industrials | 4.4 % |
| Real Estate | 1.8 % |
| Other | 4.6 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Canadian Equity | 43.0 % |
| Fixed Income – Investment Funds | 29.7 % |
| Global Equity | 24.5 % |
| Other | 2.9 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Fund Commentary - Sionna Strategic Income Fund
Sionna Strategic Income Fund Presentation
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
The Fund is relying on Ontario Instrument 81-503 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds in order to extend the prospectus renewal timing requirements set out in section 62 of the Securities Act (Ontario) by up to 45 days. The current lapse date of the Fund is May 13, 2020.
