Active and Strategic Fixed Income Team – Core Plus

Strategy Overview

Investment approach

The strategy is designed to generate additional return over time by building a diversified exposure to traditional and alternative credit, including high yield bonds, commercial mortagages, diversified private loans and real assets. The investment strategy is built to optimize both the Core and the Plus components of the Core Plus portfolio, by taking advantage of a sophisticated credit allocation process in order to achieve superior risk-adjusted returns. Moreover, the strategy allows for tactical short-term deviations from the long term target allocation in order to fully take advantage of market opportunities, both in the Core and Plus components of the portfolio. The strategy aims at delivering a yield-to-maturity that is more than 1% higher than the FTSE Canada Universe benchmark index, with reduced volatility in portfolio returns.

Key Characteristics

  • Holistic approach designed to optimize all components of the strategy
  • Superior value added objective compared to traditional mandates
  • Minimum volatility and tracking error versus market benchmark
  • Well-diversified sources of traditional and alternative credit exposure
  • Continuous and rigorous risk management through disciplined investment process


Please read the simplified prospectus before investing. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this fund is a suitable investment for them.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. 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 unitholder that would have reduced returns.