Norrep Short Term Income Fund

  • Mutual Fund Trust
  • F Series
  • CDN$

Manager Insights

Bill Holy discusses the fundamentals of fixed income investing, as well as the Norrep High Yield Class and Norrep Short Term Income Fund.

  • Current Price

    Jun 26, 2017

  • $9.55

    $0.00 (0.03%)

Investment Managers

  • Bill Holy

    Vice President & Portfolio Manager, High Yield Debt

  • Owen Morgan

    Portfolio Manager

Fund Traits

  1. Fixed income fund investing in a wide range of debt securities that targets a net 3% - 4% annualized return

  2. Targets a $0.03 per unit monthly distribution

  3. Provides investors with a higher yield than traditional short term income alternatives

Compounded Returns (%) as at May 31, 2017

1 month 3 month 6 month 1 year 3 year* 5 year* S.I.*
0.6%0.9%2.7%5.8%2.9%3.7%3.7%

Annual Returns as at May 31, 2017

2017 YTD 2016 2015 2014 2013 2012 2011^
1.9% 5.8% 2.0% 1.2% 4.3% 5.2% 0.9%

as at May 31, 2017Distributions

  • 2017 YTD$0.155
  • 2016$0.504
  • 2015$0.54
  • 2014$0.45
  • 2013$0.41
  • 2012$0.36
  • 2011$0.09

Growth of $10,000

Portfolio Allocation (%)

As of May 31, 2017
  • Holding%
  • BBB1.5
  • BB21.0
  • B57.1
  • Not Rated2.7
  • Net Cash17.7

Geographic Allocation (%)

As of May 31, 2017
  • Holding%
  • Canada23.7
  • United States51.0
  • Other7.7
  • Net Cash17.7
Notes

* Annualized

^ 2011 return begins with September 16 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.