Summary
NAV $949.31
Fund Book Value $100.0 MM
Weighted Average Term to Maturity 15.5 Yrs
Portfolio Modified Duration 10.1 Yrs
As of July 31, 2010

Unique Opportunity: Provide Institutional Investors with capital preservation and a risk-adjusted yield premium over other long duration fixed income investments.

How: An investment pool consisting of Canada’s first 20-year Senior Unsecured Debenture issued by RioCan REIT, Canada’s largest real estate investment trust.

Highlights:
  • Net Yield Premium
  • Long Duration
  • Investment Grade Rated
  • Strong Covenant Protection