Bond Universe Fund – Featured
January 11, 2022
The Latest
Bond Universe – Q2 2024
Highlights Strength in Q2 was partially attributable to a rally in response to the Bank of Canada’s decision to reduce the overnight lending rate. Areas of focus over the quarter were defensive sectors including Utilities and Consumer Staples. The Fund is underweight in non-Investment Grade. After a slow start to the quarter, the Fund posted strong performance in May and June, which drove a respectable relative return in Q2. The Fund was up 1.7% for the quarter ended June 30 versus a 0.9% return over the same period for the Fund’s benchmark, the FTSE Canada Universe Bond Index[1]. Download the…
