| Objective
The Fund aims for income generation and moderate capital appreciation by investing primarily in high yielding Canadian equity securities and income trusts, which include royalty trusts, real-estate investment trusts and limited partnership units. The Fund may also invest in foreign equities as well as Canadian preferred shares and debt securities. Our High Income Equity Team selects companies which possess proven management, financial strength and consistent payouts with the ability to grow over the longer term.
| Startup |
 |
March 2006 |
| Distribution Frequency |
|
Income - quarterly
Capital gains - annually |
| Management fee |
|
1.25%1 |
| RRSP Eligible |
|
Yes |
1McLean Budden assumes responsibility for the payment of all administrative expenses.
Fund Managers
High Income Equity Team
Features of the Fund
- Income and moderate capital growth through a diversified portfolio of high yielding equities and income trusts
- Quarterly reinvestment or disbursement of net income and capital gains distributions
Volatility Profile
The Fund may be suitable for income-oriented individuals who have a moderate tolerance for risk and volatility and mid-term investment horizons. Conservative investors can invest a component of their total portfolio in this Fund to provide portfolio diversification.
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