Sionna Strategic Income Fund Series F (CAD)

MONTHLY PROFILE SHEET for Series F (CAD)

As of March 31, 2020

Distribution Frequency: Monthly
Number of Holdings: 77
Total Net Assets: C$110 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

Videos

Matt Brundage, VP Product Management, answers your key questions about the new Sionna Strategic Income Fund.

Fund performance is not available for funds with a history of less than one year.

Portfolio Sub-Advisors

Sionna Investment Managers
Sionna Investment Team
Brandes Investment Partners, L.P.
Brandes Global Large Cap Investment Committee

Fundserv : BIP

		Fund Number
Series	Sales Option	C$	US$
A	SC	131	-
A	DSC	231	-
A	LL	220	-
F	-	531	-

TOP 10 POSITIONS

Security
Bridgehouse Canadian Bond Fund Series I	18.6 %
Brandes Corporate Focus Bond Fund (Hedged) Series I	9.7 %
Cash & Cash Equivalent	4.5 %
Royal Bank of Canada	3.8 %
Toronto Dominion Bank	3.4 %
Bank of Nova Scotia	3.1 %
TELUS Corp.	2.8 %
TC Energy Corp	2.6 %
Brookfield Renewable Energy	2.6 %
Brookfield Infrastructure PA	2.2 %
Top 10 Total	53.3 %
Total # of Securities	77

SECTOR EXPOSURE

Sector
Investment Funds	28.3 %
Financials	23.3 %
Energy	8.3 %
Communication Services	7.0 %
Utilities	6.2 %
Consumer Staples	5.7 %
Health Care	5.6 %
Industrials	4.4 %
Consumer Discretionary	4.1 %
Information Technology	1.9 %
Other	5.3 %
Total	100.0 %

ASSET MIX

Asset breakdown
Canadian Equity	44.0 %
Fixed Income – Investment Funds	28.3 %
Global Equity	24.1 %
Other	3.6 %
Total	100.0 %

FUND FACTS

NI 81-101 Fund Facts - Sionna Strategic Income Fund Class A

NI 81-101 Fund Facts - Sionna Strategic Income Fund Class 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.

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.

Bridgehouse Asset Managers