The objective is to provide monthly income to investors through a portfolio of North American dividend paying securities. The fund is designed to track the FTSE Custom North American Dividend Index which includes 35 constituents of the FTSE RAFI Canada Index and 15 constituents of the FTSE RAFI US 1000 Index, that are selected based on forecasted yield. Those with the highest forecasted yield, excluding REITS and closed end investment trusts, will receive an equal weight with each security representing 2% of the fund on the annual rebalance date. The fund targets an annual yield of 5% to be paid monthly and consist of dividend, income, and return of capital. To minimize currency risk, the fund will hedge its US dollar exposure.
Management Team (Started: Dec 1, 2010)
Pro-Financial Asset Management Inc.
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1333 Dorval Drive, Suite 100