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Sentry Global High Yield Bond Fund

Currency

Currency
NAV ($USD)

As at 2018-05-18

7.525

Mgmt fee (%) *

Negotiated

AUM

$161.50 million

MER (%) *

0.09

Distributions

$0.0452 per unit

Risk meter
  • Low
  • Low to medium
  • Medium
  • Medium to high
  • High

Investor suitability

For those who:

  • are seeking a source of regular income and the potential for long-term capital appreciation
  • are planning to hold their investment for the long term.

Notes

The Sentry Tactical Bond Fund (USD) has been capped and is no longer available for sale. Sentry Global High Yield Bond Fund (Formerly, Sentry Tactical Bond Fund)

Fund overview

Fund aims to provide income, with potential for growth, by investing primarily in corporate and government bonds, and other debt instruments


Fund facts (2018-04-30)

Fund codes

NCE 839

Inception date

2011-09-30

Investment type

Mutual funds

Total # holdings

188

Number of issuers (equities)

4

Income distribution

Monthly

Minimum investment

The initial minimum amounts for investment in a Fund are: $500 for Series A, Series T, Series B, Series BT, Series F and Series FT securities; $100,000 for Series O and Series O8 securities; and $5,000,000 or an amount we determine, at our discretion, for Series I securities.

Bond characteristics

Yield to worst:

5.6 %

Modified duration:

4.0 years

Average credit rating (S&P):

BB-

( Source: Bloomberg, Standard & Poor's, Sentry Investments As at 2018-04-30)

Growth of $10,000 invested



Management team

Geof Marshall

Senior Vice-President, Portfolio Management and Portfolio Manager (Signature Global Asset Management)

Fund tenure: November 2017

Full bio

Brad Benson

Vice-President, Portfolio Management and Portfolio Manager (Signature Global Asset Management)

Fund tenure: November 2017

Full bio

The risk meter is based on the methodology recommended by the Fund Risk Classification Task Force of the Investment Funds Institute of Canada. The Task Force recommends that a risk assessment should be considered relative to the historical volatility risk as measured by the standard deviation of performance for the fund and its benchmark. The Task Force also acknowledges that other types of measurable and non-measurable risk may exist. The Task Force reminds investors that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. For Series I, Series O and Series O8, the stated rates of returns do not take into account the management fees and dealer/ advisor service fees payable directly by Series I, O and O8 securityholders that would have reduced returns. The performance of Series I, O and O8 would be lower if such fees were deducted from the holdings. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the mutual fund or returns on investment in the mutual fund.

The indicated rates of return are the historical annual compounded total return including changes in security value and reinvestment of all distributions or dividends (as applicable) and are reported net of management fees and operating expenses. The rates of returns do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values or returns on investment in a fund. Funds are not guaranteed, their values change frequently and past performance may not be repeated.

The information contained herein is not an offer to sell nor a solicitation to buy any security. Such an offer can only be made by prospectus or other applicable offering document.

The Sentry Money Market Fund and Sentry Money Market Class are not available for direct purchase under the DSC or LL options. These codes can be used for switches/transfers between DSC or LL funds.

Under the U.S. dollar option, the series NAV per security is calculated by converting the Canadian dollar series NAV per security to the U.S. dollar equivalent based on the applicable rate of exchange. The exchange rate used for such conversion is the rate of exchange established using customary banking sources. The U.S. dollar option is offered as a convenience for purchasing, switching and redeeming securities of these Funds with U.S. dollars. It does not act as a currency hedge or protect against losses caused by changes in the exchange rates between the Canadian and U.S. dollars. There is no difference in the performance return of a Fund other than the apparent difference in performance returns attributed to the difference in relative value of the Canadian and U.S. dollar.

The fund’s MER represents the trailing 12-month management expense ratio, which reflects the cost of running the fund as a percentage of average total assets. The MER is calculated twice annually as of March 31 and September 30, and is reported in each fund’s Management Report of Fund Performance (MRFP). The MRFPs can be found within the Documents tab on each fund page.

* The published MER for this series does not include management fees or trailing commissions as they are paid directly by the investor.