GuardBonds™ 2029 Investment Grade Bond Fund
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KEY REASONS TO INVEST
- Can Be Held to Maturity – Just like a Bond All underlying bonds, as well as the Fund itself, mature in 2029. A defined maturity date helps to alleviate short-term volatility concerns, as the high probability of short-term investment grade bonds maturing at par means investors are less likely to experience capital losses.
- Greater Certainty of Income Each GuardBondsTM Fund seeks to hold its bonds until maturity, which provides investors a greater amount of clarity on the level of income that will be generated relative to traditional bond funds that don’t have defined maturity dates or that sell their bond holdings before they mature.
- Actively Managed and Tax-Efficient Overseen by Guardian Capital LP’s experienced Fixed Income team, seeking to maximize total return potential and mitigate risk by being selective rather than tracking an index. Tax-efficiency is improved through this selection process by prioritizing bond issuances trading at a discount.
| In accordance with National Instrument 81-102, performance cannot be shown until a Fund or Series has 12 months of performance history. |
| 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | S.I. |
|---|---|---|---|---|---|---|---|---|
Growth of $10,000
In accordance with National Instrument 81-102, performance cannot be shown until a Fund or Series has 12 months of performance history.
Historical Nav
In accordance with National Instrument 81-102, performance cannot be shown until a Fund or Series has 12 months of performance history.
*As at Thursday June 19th, updated weekly.
Yield to Maturity (YTM): Yield to Maturity shown is the annualized, weighted average Yield to Maturity of each of the underlying securities in the portfolio, based on their current market price, net of cash but inclusive of cash-alternative investments like money market securities. Yield to Maturity represents the annualized expected rate of return earned on the bonds based on the assumption that they are held to maturity and all coupon payments are made on time and reinvested at the same rate. This is not the yield, distribution rate or performance return of the Fund and is not intended to represent the distribution or return experience of any unitholder. It is only intended to give investors an idea a particular portfolio characteristic of the underlying securities held in the Fund’s portfolio.
Disclaimer: The information contained on this Fund page is designed to provide you with general information related to the mutual fund or ETF (the “Fund”) and is not intended to be comprehensive investment advice applicable to the circumstances of the individual. We strongly recommend you to consult with a financial advisor prior to making any investment decisions.
The Inception Date is the start date of investment performance for the Fund and may not coincide with the date the Fund or series was first offered for sale under a prospectus or its legal date of creation.
The Historical NAV (net asset value) chart above does not represent the performance of the Fund. It is shown to illustrate the daily movement of the NAV per Unit, which includes certain fees and expenses of the Fund but does not include reinvested distributions. FOR ETFs ONLY: Please note that an ETF’s Units trade on the TSX, where investors will generally buy and sell the ETF’s Units at Market Price, which may be more or less than the value of the daily NAV. The NAV and the Market Price do not include any brokerage commissions or other trading fees, which may be incurred by an investor for buying or selling Units of the ETF.
The Risk Rating classification of the Fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, which is based on the Fund’s historical volatility as measured by the 10-year standard deviation of the Fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and the Fund’s historical volatility may not be indicative of future volatility.
The Management Fee is the fee paid to the Fund’s Manager for managing the investment portfolio and for the day-to-day operations of the Fund.
The Management Expense Ratio ("MER") represents the trailing 12-month management expense ratio, which reflects the cost of running the Fund, inclusive of applicable taxes including HST, GST and QST (excluding certain portfolio transaction costs) as a percentage of daily average net asset value the period, including the Fund’s proportionate share of any underlying fund(s) expenses, if applicable. The MER reported herein is from the Fund’s most recent Management Report of Fund Performance ("MRFP").
The Rate of Return indicated in the charts above are used only to illustrate the effects of the compound growth rate and are not intended to reflect the future value of the Fund or returns on investment in the Fund.
The Growth of $10,000 chart shows the final value of a hypothetical $10,000 investment in securities of this series of the Fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.
Material Events: For any major events that may affect the performance of a Fund in the last 10 years, including, where applicable, its participation in an amalgamation or merger with another fund or a change in its investment objectives or portfolio advisor, please refer to the Fund’s most recent prospectus in the section entitled "Name, Formation and History of the Funds". The performance of a Fund may have been different had events such as these not taken place.
Responsible Investing: Guardian Capital LP is a signatory of the United Nations-supported Principles of Responsible Investment (UN PRI). The UN PRI does not prescribe the exclusion of any particular type of company or industry; rather it requires that, as the Manager, we are informed on the ESG issues, and that we are comfortable with the activities and practices of the companies that we invest in. Guardian Capital’s approach to responsible investing is consistent with the framework provided by the UN PRI. Our Responsible Investing policies are publicly available on our website.
Responsible investing is an approach to investing that incorporates ESG considerations into investment decisions. This approach may incorporate considerations beyond traditional financial information into the investment selection process, which could result in investment performance deviating from other products with comparable objectives or from broad market benchmarks.
Guardian’s Sustainable Funds have ESG-related investment objectives, while other Guardian Mutual Funds and ETFs do not. Guardian Funds integrate ESG considerations into the investment analysis of securities within their respective portfolios, but which may only have a limited role in the portfolio management team’s assessment and investment decision-making process, as applicable to the different portfolio strategies and securities. The consideration of ESG factors is only one of a number of elements and strategies in the portfolio construction process and may or may not have a material influence on portfolio composition and performance at any given time. Certain prospectused ETFs and mutual funds managed by Guardian Capital LP may invest in securities such as derivatives, cash, money market instruments, asset-backed securities and commercial paper, and other similar instruments where ESG integration may not be applicable due to the nature of such instruments. The opportunity for stewardship and active engagement is more limited for funds holding the types of securities listed above as there are typically no voting rights attached. In a fund-of-funds structure, the bottom fund holding the portfolio securities will be the fund engaged in stewardship and/or active engagement. In the case of third-party funds used in fund-of-fund structures, there may be no direct engagement by Guardian Capital LP with the issuers held in those funds. A Fund’s ESG characteristics and performance may change from time to time. Please review the Fund’s prospectus for details on how the Fund’s investment strategy incorporates responsible investing considerations and the associated risks, and consult your financial professional prior to investing. Glossary of Financial Terms: For more information on the financial terms used in this section, please refer to the Glossary of Financial Terms on our website at: https://www.guardiancapital.com/glossary-of-terms/
Historic disclosure documents for the Fund may be found on the SEDAR+ website at www.SEDARPLUS.ca or may also be obtained, free of charge, by contacting us at 1 (866) 383-6546 or insights@guardiancapital.com.
Top Holdings
As of 06/03/2025
| Ranks | Holdings | % Asset Mix |
|---|---|---|
| 1 | CAD - CASH | 100.00 |
| 2 | OMERS FINANCE TRUST | 9.44 |
| 3 | AIMCO REALTY INVESTORS L.P. | 9.43 |
| 4 | ENBRIDGE INC. | 9.40 |
| 5 | BROOKFIELD INFRASTRUCTURE FINANCE ULC | 9.40 |
| 6 | ROGERS COMMUNICATIONS INC. | 9.38 |
| 7 | BELL TELEPHONE CO OF CANADA OR BELL | 9.35 |
| 8 | PROVINCE OF ONTARIO | 9.32 |
| 9 | TRANSCANADA PIPELINES LIMITED | 9.31 |
| 10 | NESTLE HOLDINGS INC. | 9.30 |
As of 06/03/2025
As of 06/03/2025
| SI | $0 |
For press releases on distributions please click here. For tax breakdown of the distributions at each year-end, please click here and look under the Tax Reporting tab.
DisclaimerThis distribution data is for informational purposes only and should not be construed to be tax advice. Please consult with your own tax advisor for advice.
Distributions are paid in Canadian dollars unless otherwise stated. Each Fund makes distributions in accordance with the distribution policy stated in the Simplified Prospectus. Each of the Funds has the ability to make distributions as returns of capital.
Distributions may consist of net income, dividends, net realized capital gains, and may also include return of capital. Distributions are determined by a variety of factors that occurred during the current tax year, including the gains realized on the disposition of securities by the Fund, the amount of dividend income and interest earned by the Fund, the volume of purchases and redemptions of Units of the Fund, and the amount of any unrealized appreciation of the Fund’s portfolio at year-end. If distributions paid by the Fund are greater than the performance of the Fund, distributions paid may include a return of capital and an investor's original investment will decrease. A return of capital is not taxable to the investor, but will generally reduce the adjusted cost base of the securities held for tax purposes. If the adjusted cost base falls below zero, investors will realize capital gains equal to the amount below zero.
Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that reinvested distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore, investors will be informed of the tax characterization after year-end and not with each distribution. For tax purposes these amounts will be reported annually on official tax statements. Future distribution dates may be amended at any time.
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