The primary objective of the Fund is to seek to preserve the value of the Fund’s investments with reduced portfolio volatility, while seeking to generate a moderate level of income with some potential for capital growth.
The Fund invests in securities of other investment funds managed by us, and may also invest in other securities, including exchange traded funds, to achieve its objectives. We use strategic and tactical asset allocation to create a portfolio diversified by asset class and markets, with an emphasis on moderate income generation and some growth of capital while seeking to reduce portfolio volatility. We seek to reduce losses from market declines, while recognizing that the Fund may not fully benefit from strong equity market growth. The portfolio generally includes exposure to global equities, U.S. equities, investment grade fixed-income securities and high yield bonds. Within its long-term asset mix, the Fund invests in a core portfolio and, from time to time, a satellite portfolio. The Fund’s core portfolio currently consists entirely of holdings in units of Guardian SteadyFlow Equity Fund, Guardian SteadyPace Equity Fund and any one or more of Guardian Canadian Bond Fund, Guardian High Yield Bond Fund, Guardian Investment Grade Corporate Bond Fund and Guardian Short Duration Bond Fund. On a tactical basis, the Fund may also invest from time to time in a satellite portfolio consisting of securities of other investment funds, exchange traded funds and other securities that are consistent with the Fund’s investment objectives. The Fund may be exposed to derivatives, used for hedging or non-hedging purposes, through its investments in underlying funds. The Fund may use derivatives to hedge against potential loss. The Fund may also use derivatives for non-hedging purposes, including options, futures and forward contracts, in order to gain exposure to certain securities without investing directly in such securities, to reduce the impact of currency fluctuations or volatility on the Fund or to provide protection for the Fund’s portfolio.
Related StrategiesProspectus Series I
Prospectus Series F
Prospectus Series W