| Portfolio | Highstreet Canadian Bond Fund |
| Lead Portfolio Manager | David Stonehouse |
| Benchmark* | Bloomberg Canadian Aggregate Bond Index |
| Fund Report | May 2025 |
Objective
The investment objectives of the Fund are to provide investors with:
- A 'core-plus’ fixed income solution that provides stability and enhanced yield without materially increasing volatility
- Broad fixed income diversification by sector, region and instrument to reduce interest rate sensitivity
- A secure and consistent income stream
- A long-term rate of return similar or slight in excess to the benchmark
Process
The Fund’s utilizes a 'core-plus’ strategy. The core bond portfolio involves a managed duration approach supplemented by high-quality investment-grade credits that is designed to be conservative and high quality and represents the majority of the Fund’s assets. The 'plus' portion of the Fund is capped at a maximum 30% weight and is well diversified by additional fixed income asset classes.
Performance Overview - Annualized Returns
| 3 MO % | YTD % | 1 Year % | 3 Year % | 5 Year % | 10 Year % | SPSD % |
|---|---|---|---|---|---|---|
| -1.2 | 1.3 | 7.6 | 4.6 | 1.6 | 2.8 | 4.7 |
Performance as of May 31, 2025. Since Performance Start Date (PSD) - October 16, 1998. All information is in Canadian dollars. The performance presented is gross of management fees and administrative (fund) expenses and rates of return for greater than one year have been annualised. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and distributions. Performance is historical and is not intended to be indicative of future returns.
*As of September 1, 2019, the Highstreet Canadian Bond Fund’s Benchmark changed from the FTSE Canada Universe Bond Index to the Bloomberg Canada Aggregate Bond Index (formerly Bloomberg Barclays Canada Aggregate Index). The benchmark change was applied from that date forward.
*"Bloomberg®” and Bloomberg Canada Aggregate Bond Index (formerly Bloomberg Barclays Canada Aggregate Index) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by AGF Management Limited and its subsidiaries. Bloomberg is not affiliated with AGF Management Limited or its subsidiaries, and Bloomberg does not approve, endorse, review or recommend Highstreet Canadian Bond Fund. Bloomberg does not guarantee the timeliness, accurateness, or completeness, of any data or information relating to Highstreet Canadian Bond Fund.
The Highstreet Pooled Funds are prospectus-exempt products and are offered on a private placement basis. Units are offered on a continuous basis to investors who meet the definition of an ‘accredited investor’. Units of the funds are offered to residents in provinces and territories of Canada pursuant to exemptions set forth under National Instrument 45-106 from the prospectus requirements. Please read the offering memorandum before investing in Pooled Funds.