Vertex Enhanced Income Class B
1920-1177 West Hastings Street
Map
| Category: | Miscellaneous - Undisclosed Holdings | | Fund Family: | Vertex One Asset Management Inc. | | Net Assets: | 142.23M | | Year-to-Date Return: | 4.14% | | Yield: | 4.73% | | Morningstar Rating: | N/A | | Fund Inception Date: | Sep 20, 2009 |
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Matthew Wood
Lead Manager since Sep 22, 2009 | | | Mr. Wood is a founder and a director of Vertex One. Mr. Wood has over 21 years of experience in dealing with equities, fixed income and derivatives. He began his career as an analyst, and subsequently became a financial advisor with Royal Trust. He was a portfolio manager with HSBC Asset Management before forming Vertex One. Mr. Wood holds the professional designation of Chartered Financial Analyst (CFA) and is a member of the Institute of Chartered Financial Analysts. |
| Min Initial Investment: | 5,000 | | Min Initial Investment, IRA: | 5,000 | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | 2,000 | | Min Subsequent Investment, IRA: | 2,000 | | Min Subsequent Investment, AIP: | N/A |
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| The fundamental investment objective of the Vertex Enhanced Income Fund is to provide preservation of capital while providing high income by investing primarily in Canadian and United States bonds and debentures. The Vertex Enhanced Income Fundâs secondary objective is to provide capital growth.
To achieve its investment objectives, the Vertex Enhanced Income Fund will invest in government bonds in Canada and the United States at the federal, provincial, state and municipal level, as well as corporate securities including high yield and convertible bonds, preferred shares and high dividend yielding equities. The Vertex Enhanced Income Fund will seek opportunities to invest in income securities that
we believe are undervalued or mispriced. The Vertex Enhanced Income Fund will not be limited in the type of income securities in which it may invest. |
| Last Dividend
(Mar 14, 2013)
:
| 0.00 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 92.13% | | Average for Category: | 83.91% |
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| Expense | VERTEXENHANC.TO | Category Avg |
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| Annual Report Expense Ratio (net): | 2.12% | 2.05% | | Prospectus Net Expense Ratio: | N/A | N/A | | Prospectus Gross Expense Ratio: | N/A | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | N/A | | Max Deferred Sales Load:
| N/A | N/A | | 3 Yr Expense Projection*: | N/A | N/A | | 5 Yr Expense Projection*: | N/A | N/A | | 10 Yr Expense Projection*: | N/A | N/A |
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0.11(0.95%) Jun 17