Mavrix Strategic Bond Fund
A unique fund with the potential for capital gains in the Bond Market.
As of date: October 31, 2008
Distribution |
Monthly $0.020/unit |
RRSP Eligibility |
100% |
Total Assets (000’s) |
$14,845 |
NAVPS |
$4.8 |
Average Term to Maturity |
6.9 years |
Average Duration |
6.3 years |
Average Gross Yield |
4.13% |
Fund Data
Fund Code |
Inception |
| Front-end: |
MAV109 |
Class A: |
June 4, 1998 |
| DSC: |
MAV209 |
Class F: |
February 7, 2006 |
| Low-load DSC: |
MAV509 |
|
|
| F Class: |
MAV729 |
|
|
|
|
Top Ten Fixed Income Holdings
| 1 |
Canada Housing Trust 4.55% December 15, 2012 |
9.1% |
| 2 |
Province of Ontario 4.30% March 08, 2017 |
7.6% |
| 3 |
Bank of Nova Scotia - CMHC MBS # 99008682 4.05% July 01, 2013 |
7.3% |
| 4 |
People's Trust - CHMC MBS 96502786 3.88% October 01, 2015 |
6.9% |
| 5 |
Canada Housing Trust 4.80% June 15, 2015 |
6.2% |
| 6 |
People's Trust - CMHC MBS 96502786 4.20% November 01, 2016 |
5.9% |
| 7 |
Manulife Financial 5.16% June 26, 2015 |
4.7% |
| 8 |
Province of Manitoba 5.20% December 03, 2015 |
4.7% |
| 9 |
Ontario Infrastructure Projects Corp. 3.95% June 3, 2013 |
4.7% |
| 10 |
Highway 407 International 5.96% December 03, 2035 |
4.4% |
Returns as at October 31, 2008
| Month1 | -0.62% |
| Month3 | -2.03% |
| Month6 | -1.43% |
| YTD | 0.76% |
| Year1 | 2.40% |
| Year2 | 1.30% |
| Year3 | 2.39% |
| Year5 | 3.48% |
| Year10 | 2.89% |
| Year15 | 0.00% |
| Year20 | 0.00% |
| Since Inception | 3.98% |
Asset Mix
| Corporate Bonds |
32.0% |
| Provincial Bonds |
22.5% |
| CMHC Mortgage Backed Securities |
20.1% |
| Government of Canada Bonds |
15.3% |
| Cash & Equivalent |
10.0% |
