First Asset Diversified Convertible Debenture Fund

Investment Objectives

First Asset Diversified Convertible Debenture Fund provides Unitholders with quarterly cash distributions and the opportunity for capital appreciation. The Fund´s strategy will be to invest on an actively managed basis, in a diversified portfolio comprised primarily of Convertible Debentures of Canadian and US issuers.

 1m3m6mYTD1y2y3y4y5y10ySI
DCD.UN 0.54%0.84%1.00%0.77%3.64%8.57%6.96%3.93%4.83%5.23%4.32%
Benchmark1.82%-1.41%-1.15%-2.78%3.11%8.86%3.87%4.62%7.77%4.19%4.46%
As at: 30 Apr 2018 and since mandate change 19 Feb 2007 - Benchmark: S&P/TSX Composite Index (Total Return)

 

Sector Breakdown

As at 30 April 2018

The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.


The S&P/TSX Composite Index is a capitalization-weighted index designed to measure market activity of stocks listed on the Toronto Stock Exchange. This index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of broader Canadian equity market.

Top holdings

CouponMaturity% Weighting
Tricon Capital Group Inc5.60%31 Mar 204.8
Pembina Pipeline Corp5.75%31 Dec 184.8
Northland Power Inc5.00%30 Jun 194.6
Cardinal Energy Ltd5.50%31 Dec 204.0
Timbercreek Financial Corp5.40%31 Jul 213.8
Pure Multi-family Reit Lp6.50%30 Sep 203.5
Northland Power Inc4.75%30 Jun 203.5
Kelt Exploration Ltd5.00%31 May 213.4
Chemtrade Logistics Income Fd4.75%31 May 243.2
Cargojet Inc0.00%3.2
As at 30 April 2018

Distributions

Distribution details (.csv)
DCD.UNTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$13.04000$13.04000-$0.14817-$0.58323-$12.03756$0.05231$0.00127
2018 +$0.22000$0.22000--------
29-Mar$0.22000$0.22000--------
2017 +$1.12000$1.12000-$0.08449-$0.36579-$0.61868$0.05231$0.00127
29-Dec$0.30000$0.30000-$0.02263-$0.09798-$0.16572$0.01401$0.00034
29-Sep$0.22000$0.22000-$0.01660-$0.07185-$0.12152$0.01028$0.00025
30-Jun$0.30000$0.30000-$0.02263-$0.09798-$0.16572$0.01401$0.00034
31-Mar$0.30000$0.30000-$0.02263-$0.09798-$0.16572$0.01401$0.00034
2016 +$1.20000$1.20000-$0.06368-$0.06028-$1.07604--
30-Dec$0.30000$0.30000-$0.01592-$0.01507-$0.26901--
30-Sep$0.30000$0.30000-$0.01592-$0.01507-$0.26901--
30-Jun$0.30000$0.30000-$0.01592-$0.01507-$0.26901--
31-Mar$0.30000$0.30000-$0.01592-$0.01507-$0.26901--
2015 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2014 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2013 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
28-Jun$0.30000$0.30000-----$0.30000--
28-Mar$0.30000$0.30000-----$0.30000--
2012 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
28-Sep$0.30000$0.30000-----$0.30000--
29-Jun$0.30000$0.30000-----$0.30000--
30-Mar$0.30000$0.30000-----$0.30000--
2011 +$1.20000$1.20000-----$1.20000--
30-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2010 +$1.20000$1.20000---$0.15716-$1.04284--
31-Dec$0.30000$0.30000---$0.03929-$0.26071--
30-Sep$0.30000$0.30000---$0.03929-$0.26071--
30-Jun$0.30000$0.30000---$0.03929-$0.26071--
31-Mar$0.30000$0.30000---$0.03929-$0.26071--
2009 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2008 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2007 +$0.90000$0.90000-----$0.90000--
31-Dec$0.30000$0.30000-----$0.30000--
28-Sep$0.30000$0.30000-----$0.30000--
29-Jun$0.30000$0.30000-----$0.30000--

(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these 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. (3) 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 characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.

News

11 Apr 2016 First Asset Opens the Market First Asset
23 Oct 2015 CI Financial scoops up ETF provider First Asset Capital The Globe and Mail | Clare O'Hara
19 Sep 2012 First Asset Distribution Press Release Marketwired
21 Mar 2012 First Asset Distribution Press Release Marketwired
21 Sep 2011 First Asset: Distribution Press Release Marketwired
21 Jun 2011 First Asset: Distribution Press Release Marketwired
31 May 2011 XTF Capital Corp. Launches ETFs Marketwired
16 Jan 2009 First Asset: Press Release Marketwired
23 Oct 2007 First Asset: Press Release Marketwired