| Asset Mix | Cdn Income Fund (% of portfolio) | |
|---|---|---|
| Reserves | 1.2 | |
| Fixed Income | 94.3 | |
| Preferred Equity | 4.5 | |
| 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) | 4.4 | 3.2 |
| Average Yield to Maturity (%) | 3.9 | 4.1 |
| Duration (yrs) | 3.9 | 2.9 |
| Issuer Analysis | ||
| Federal (%) | 47.0 | 53.9 |
| Provincial (%) | 23.5 | 12.1 |
| Municipal (%) | 8.5 | 0.7 |
| Corporate (%) | 21.0 | 33.4 |
| 100.0 | 100.0 | |
| Credit Rating Analysis | ||
| AAA (%) | 63.8 | 62.6 |
| AA (%) | 26.8 | 22.4 |
| A (%) | 4.3 | 11.1 |
| BB (%) | 0.0 | 0.0 |
| BBB (%) | 0.0 | 3.9 |
| Not Rated (%) | 5.1 | 0.0 |
| 100.0 | 100.0 | |
| Maturity Analysis | ||
| Short-term (< 5 yrs) (%) | 77.4 | 100.0 |
| Mid-term (5-10 yrs) (%) | 22.6 | 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