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Fund Profile
| Net Assets ($MM) (Aug 31, 2010) |
$278.26 |
| Price (NAV) (Sep 09, 2010) |
$9.1300 |
| YTD Return (Aug 31, 2010) |
5.71 % |
| 12 Month Low/High |
$8.47
/
$9.21
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| Management Expense Ratio (MER) |
2.17% |
| Eligibility |
RRSP/RESP/RIF |
| Date Started |
Jan 01, 1996 |
| ISC |
GGF588 |
| DSC |
GGF188 |
| Low Load |
GGF909 |
| F Class |
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| Minimum Initial Investment |
$500 |
| Minimum Additional Investments |
$50 |
| Continuous Savings Plan (CSP) Amount |
$50 |
| Note |
Also available in F Class, Classic Units |
Related Links / Downloads
Financial Reports and Other Important Information
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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.
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