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First Asset Cdn Engy Convert Debenture F

CRT6005
5.85
-0.02
-0.35%
2017-10-18
5 Years
  • Previous Close

    5.87

  • Net Assets

    681.25K

  • Yield

    8.31%

  • Front load

    None

  • Expenses

    -

  • Category

    High-Yield Fixed-Income

  • Morningstar Risk

    High

  • Morningstar Rating
Profile

Name of Issuer

First Asset Investment Management Inc

Fund Style

Open

Fund Manager

Lee Goldman

Investment Style

Medium Blend

The Fund’s investment objectives are to provide unitholders with (i) monthly distributions; and (ii) the opportunity for capital appreciation by investing in an activelymanaged portfolio (the “Portfolio”) comprised primarily of unsecured, subordinated debentures of Canadian Energy Issuers (as defined under Investment Strategies below) that can be converted into equity securities of the issuers at a specified price at the option of the holder and/or issuer (“Convertible Debentures”). The amount of monthly distributions will be based on the Manager’s assessment of anticipated cash flow and anticipated expenses of the Fund from time to time.

Purchase Information

Initial Purchase 500
Initial Purchase: IRA 500
Initial Purchase: AIP NA

Inception

2011-08-25

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