The primary objective of the strategy is to generate a high level of interest income by investing predominantly in high-yield bonds and debentures issued primarily by Canadian corporations and other Canadian entities, as well as other securities, such as high-yield bonds offered in the non-Canadian marketplace, as the portfolio manager may from time to time determine. More than half of the strategy’s assets could potentially be invested in securities of foreign issuers.
We may invest the strategy's assets in high-yield bonds offered in the Canadian or non-Canadian marketplace, as well as debentures and similar securities. We may elect to invest a portion of the strategies assets in securities denominated in foreign currencies and/or in securities issued by foreign entities. More than half of the strategy's assets could potentially be invested in securities of foreign issuers. The strategy is diversified by issuer and industry. We maintain an income orientation, focusing on yield maximization in the context of rigorous credit analysis. Investment-grade issues may be held in the strategy from time to time.
Related StrategiesProspectus Series I
Prospectus Series W