Fund Details
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Fund Type: |
Canadian Dividend & Income Equity
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Fund Sub Type: |
Canadian Dividend & Income Equity
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Minimum Investment:
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$
1,000
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Management Fee: |
2.06%
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Inception Date:
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August 2006
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Portfolio Manager: |
Brahm Spilfogel, RBC Asset Management
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Jennifer McClelland, RBC Asset Management
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Assets: |
$ 635.4 Million
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Risk Return Characteristics:
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Average Monthly Return: |
1.20%
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Monthly Standard Deviation: |
4.52%
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Monthly Value Add to Benchmark:
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0.68%
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Tracking Error: |
2.28%
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Sharpe Ratio: |
0.23
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Information Ratio: |
0.30
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Alpha: |
0.72%
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Beta: |
0.83
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Minimum Monthly Return:
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-13.86%
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Maximum Monthly Return: |
10.58%
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Number of Positive Months: |
41
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Chance of Positive Return: |
70.7%
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Number of Negative Months:
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17
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Chance of Negative Return:
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29.3%
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Minimum Monthly Value Add:
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- 8.88%
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Maximum Monthly Value Add:
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4.71%
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Number of Months in excess of Index:
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37
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Number of Months less than Index:
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21
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Chance of beating Index:
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63.8%
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Chance of not beating Index:
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36.2%
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Correlation to TSX: |
88.57%
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Correlation to S&P:
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51.80%
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Correlation to EAFE
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61.66%
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Correlation to SCMU: |
- 3.18%
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Investment Objective:
To provide a high level of monthly cash flow and relatively tax efficient distributions. The fund invests primarily in a diversified portfolio of Canadian income trusts.
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| Historical Performance |
June 30, 2011 |
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Fund
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TSX
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S&P
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EAFE
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DEX
Bond Universe
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1 Month
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- 1.56%
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- 2.16%
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- 1.73%
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0.07%
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3 Month
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1.79%
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- 5.15% |
- 0.59%
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1.13%
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2.48%
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Year to Date
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9.89%
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2.47%
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1.82%
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2.20%
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1 Year
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36.49%
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20.87% |
18.34%
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18.56%
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4.67%
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2 Year
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31.88%
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16.33% |
11.36%
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7.43%
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5.77%
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3 Year
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15.67% |
0.19%
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1.36%
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- 3.19%
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6.18%
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5 Year
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0.00%
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5.67%
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- 0.05%
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- 0.96%
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6.02%
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10 Year
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0.00%
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8.05%
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- 1.82%
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1.45%
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6.45%
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Asset Mix |
As at: March 2011
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Cash
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4.8%
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Canadian Bonds
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0.1%
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Canadian Equity
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84.4%
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US Equity
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9.8%
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International Equity
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0.9%
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Other
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0.0%
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Geographic Breakdown |
As at: March 2011
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Canada
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88.2%
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US
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9.8%
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Europe
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0.2%
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Asia
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0.0%
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Other
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1.8%
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Comments/ Analysis:
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Fund Profile / Additional Fund Info:
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