|
Fund Profile
| Net Assets ($MM) (Jul 31, 2010) |
$27.59 |
| Price (NAV) (Sep 03, 2010) |
$10.3500 |
| YTD Return (Jul 31, 2010) |
4.39 % |
| 12 Month Low/High |
$9.46
/
$10.38
|
| Management Expense Ratio (MER) |
1.56% |
| Eligibility |
RRSP/RESP/RIF |
| Date Started |
Nov 30, 1985 |
| ISC |
GGF411 |
| DSC |
|
| Low Load |
|
| F Class |
|
| Minimum Initial Investment |
$500 |
| Minimum Additional Investments |
$50 |
| Continuous Savings Plan (CSP) Amount |
$50 |
| Note |
Also available in Mutual, F Class |
Related Links / Downloads
Financial Reports and Other Important Information
|
|
Investment Objectives
The Fund's goal is to generate a high level of tax-effective income with moderate volatility by investment primarily in a portfolio of high quality preferred shares of Canadian corporations.
How This Fund Works
A minimum of 50% of this Fund is invested in preferred shares of Canadian companies in order to generate fixed monthly income as well as the potential for long-term growth. The manager selects the highest quality preferred shares to produce tax-advantaged income and preserve capital with lower volatility.
Why Buy This Fund
- Distributions – Fully eligible for the Tax dividend credit.
- Consistency – Produced monthly distributions since 1996.
- Investment Focus – one of the only Canadian funds that invests primarily in preferred shares.
- Managers – John Priestman, Kevin Hall, Michele Robitaille.
|
