- Fund Market Value$118million
This fund is a closed-end investment fund created for four Canadian pension plans.
To provide investors with a yield premium over Government of Canada bonds and capital protection.
Debenture Fund One is 100% invested in a 20-year, $100 million senior unsecured debenture issued by RioCan REIT.
- Net Yield Premium
- Long Duration
- Investment Grade Rated
- Strong Covenant Protection
This fund is not currently open for investment.
Important information about the Fund is contained in the trust deed, including a detailed description of the Fund’s investment objectives, investment strategies and risk factors. This document has been prepared for information purposes only and should not be construed as a solicitation for, or offering of, an investment in securities in any jurisdiction where such offer or solicitation would be prohibited.
The indicated rates of return are the historical compound total returns including changes in unit value and reinvestment of all distributions, and do not take into account sales, redemptions, distributions or optional charges or income taxes payable by any Unitholder that would have reduced returns. Compound returns are annualized for periods greater than one year. The rates of return shown in this document are used only to illustrate the effects of the compound growth rate and are not intended to reflect future value of the Fund or future returns on investment in the Fund. The Management Expense Ratio (“MER”) is annualized. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. Please read the offering documents before investing. The current distribution represents the annualized compound current distribution of the Fund, divided by the current Net Asset Value (“NAV”) of the Fund. Please note that the current distribution may not be available at the time of purchase due to fluctuations in the current distribution amount and/or the NAV. Information, opinions and statistical data contained herein were obtained or derived from noted sources believed to be reliable at the time of publication; however, ACM Advisors Ltd. does not represent that any such information, opinions or statistical data is accurate or complete and they should not be relied upon as such. ACM Advisors Ltd. endeavors to provide accurate information throughout this document, but errors may occur and information and documents may become out of date. ACM Advisors Ltd. does not guarantee the accuracy, completeness, or timeliness of the information and documents.