Norrep High Income Fund

  • Mutual Fund Trust
  • F Series
  • CDN$
  • Current Price

    Oct 23, 2017

  • $25.13

    $0.01 (0.05%)

Investment Managers

  • Bill Holy

    Vice President & Portfolio Manager, High Yield Debt

  • Owen Morgan

    Portfolio Manager

Fund Traits

  1. Fixed Income fund investing mainly in high yield bonds targeting a net 5%-7% annualized return

  2. Targets a $0.125 per unit monthly distribution largely through interest income and capital appreciation

  3. Ability to invest in smaller issues that offer more attractive yields with better credit protection than similar larger issues 

Compounded Returns (%) as at Sep 30, 2017

1 month 3 month 6 month 1 year 3 year* 5 year* S.I.*
0.6%1.3%3.8%5.9%2.4%4.3%4.2%

Annual Returns as at Sep 30, 2017

2017 YTD 2016 2015 2014 2013 2012 2011 ^
6.4% 4.8% -2.5% 2.7% 7.7% 8.7% -0.9%

as at Sep 30, 2017Dividends

2017 YTD 2016 2015 2014 2013 2012 2011^
Eligible Dividends $0.448$0.504$0.50$0.46$0.72$0.72$0.42
Capital Gains ---$0.76---
Return of Capital -
Total $0.448 $0.504 $0.50 $1.22 $0.72 $0.72 $0.42

Growth of $10,000

Portfolio Allocation (%)

As of Sep 30, 2017
  • Holding%
  • BB15.6
  • B45.2
  • CCC8.6
  • Not Rated14.7
  • Net Cash15.8

Geographic Allocation (%)

As of Sep 30, 2017
  • Holding%
  • Canada24.9
  • United States45.9
  • Other13.4
  • Net Cash15.8
Notes

* Annualized

^ 2011 return beings with May 31 inception

Disclaimer

All price and performance data listed is for the F series. Past performance is no guarantee of future results. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.