| Asset Mix | Cdn Income Fund (% of portfolio) | |
|---|---|---|
| Reserves | 38.1 | |
| Fixed Income | 60.5 | |
| Preferred Equity | 1.4 | |
| Equity | 0.0 | |
| 100.0 | ||
| Fixed Income Analytics | Fund | Benchmark |
| Cdn Income Fund | DEX Short Bond Index | |
| Fixed Income Characteristics | ||
| Average Term to Maturity (yrs) | 3.4 | 2.9 |
| Average Yield to Maturity (%) | 1.8 | 1.5 |
| Duration (yrs) | 3.2 | 2.7 |
| Issuer Analysis | ||
| Federal (%) | 38.9 | 58.7 |
| Provincial (%) | 16.8 | 12.7 |
| Municipal (%) | 20.4 | 0.9 |
| Corporate (%) | 23.9 | 27.7 |
| 100.0 | 100.0 | |
| Credit Rating Analysis | ||
| AAA (%) | 57.9 | 63.5 |
| AA (%) | 23.7 | 21.0 |
| A (%) | 8.3 | 10.8 |
| BB (%) | - | - |
| BBB (%) | 8.7 | 4.7 |
| Not Rated (%) | 1.4 | - |
| 100.0 | 100.0 | |
| Maturity Analysis | ||
| Short-term (< 5 yrs) (%) | 88.4 | 100.0 |
| Mid-term (5-10 yrs) (%) | 11.6 | 0.0 |
| Long-term (10+ yrs) (%) | 0.0 | 0.0 |
| 100.0 | 100.0 |
The QV Canadian Income Fund has held common shares and royalty trusts in the past.
Definitions
Asset Mix: Shows the percentages held on cash, bonds and other securities
Average Yield to Maturity: The average yield to maturity of all securities in the portfolio. Typically, the longer the term and duration, the greater the price will change for a given change in yields
Average Term to Maturity: The average time in years for all securities in the portfolio to reach maturity
Duration: The weighted average of the maturities and income streams expressed in years. Typically, the number represents the price change experienced for a one percent change in interest rates
Issuer Analysis: Analysis by category of security issuers
Credit Rating Analysis: Analysis of ratings by rating agencies
Maturity Analysis: Analysis of allocation of bonds based on maturity dates