Sionna Strategic Income Fund Series F (CAD)
- Distribution Frequency: Monthly
- Number of Holdings: 78
- Total Net Assets: C$145 M
REASONS TO OWN
Features
- 45% in Canadian dividend-paying stocks managed by Sionna
- 25% in global dividend-paying stocks managed by Brandes
- 20% in the Bridgehouse Canadian Bond Fund
- 10% in the Brandes Corporate Focus Bond Fund (Hedged)
- Monthly distributions targeting a 5% annual distribution yield
Benefits
- Provides one-stop exposure to value and yield orientated securities
- Holds the best dividend-paying stock selections from Sionna and Brandes
- Strategic asset mix between equity and bonds helps stabilize the portfolio in declining markets
- Provides investors with an income stream
Fund performance is not available for funds with a history of less than one year.
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 131 | - |
| A | DSC | 231 | - |
| A | LL | 220 | - |
| F | - | 531 | - |
Inception: July 2 2002|Series F (CAD)|MER: 1.16 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | Since Incept. | ||
|---|---|---|---|
| Sionna Strategic Income Fund | -1.09 | ||
As of: May 31, 2019
$9,891.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Bridgehouse Canadian Bond Fund Series I | 20.5 % |
| Brandes Corporate Focus Bond Fund (Hedged) Series I | 9.9 % |
| Cash & Cash Equivalent | 3.3 % |
| Toronto Dominion Bank | 3.3 % |
| Bank of Nova Scotia | 3.1 % |
| Brookfield Renewable Energy | 2.7 % |
| Great-West Lifeco Inc. | 2.6 % |
| Brookfield Infrastructure PA | 2.5 % |
| CI Financial Corp | 2.4 % |
| Prairiesky Royalty Ltd. | 2.0 % |
| Top 10 Total | 52.3 % |
| Total # of Securities | 78 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Investment Funds | 30.4 % |
| Financials | 23.7 % |
| Energy | 9.5 % |
| Utilities | 6.8 % |
| Communication Services | 6.1 % |
| Health Care | 4.3 % |
| Consumer Staples | 4.1 % |
| Consumer Discretionary | 3.6 % |
| Industrials | 2.9 % |
| Information Technology | 2.7 % |
| Other | 5.9 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Canadian Equity | 43.9 % |
| Fixed Income – Investment Funds | 30.4 % |
| Global Equity | 22.3 % |
| Other | 3.4 % |
| 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.