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Fund Profile
| Net Assets ($MM) (Jul 31, 2010) |
$427.58 |
| Price (NAV) (Sep 03, 2010) |
$16.5300 |
| YTD Return (Jul 31, 2010) |
-0.06 % |
| 12 Month Low/High |
$15.17
/
$16.97
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| Management Expense Ratio (MER) |
2.00% |
| Eligibility |
RRSP/RESP/RIF |
| Date Started |
Nov 09, 2001 |
| ISC |
GGF550 |
| DSC |
GGF150 |
| Low Load |
GGF908 |
| F Class |
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| Minimum Initial Investment |
$500 |
| Minimum Additional Investments |
$50 |
| Continuous Savings Plan (CSP) Amount |
$50 |
| Note |
Also available in T5 Class, F5 Class, F Class, I Class |
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 returns which includes dividend income and some capital gains from the increase in the value of the securities held in the Fund’s portfolio. Both dividend income and capital gains attract a lower tax rate than interest income. The Fund will invest primarily in dividend-yielding common and preferred shares of established Canadian companies. It may also invest in fixed income securities.
How This Fund Works
This Fund invests in high quality dividend-paying Canadian companies. The manager’s investment process identifies companies based on their ability to grow their dividend; the consistency and safety of the current dividend payout; and the quality and visibility of earnings and cash flow.
Why Buy This Fund
- Process – companies in Fund must pay a dividend
- Manager – Mike Stanley – 2000, 2001 Best Canadian Dividend Fund, Canadian Mutual Funds Awards
- Mandate – Same mandate as BMO Dividend Fund, Winner of 2008 Lipper Award for Best Fund over 10 years, Canadian Dividend & Income Equity
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