Fund Objective/Strategy
Investment Objective
The objective of the Sceptre Bond Fund is to provide safety of capital and high current income primarily through investment in Canadian income securities. These may include short and long-term debt securities issued or guaranteed by Federal, Provincial and Municipal governments, as well as those issued by Canadian companies. Investments in foreign income-producing securities may also be made to allowable limits.
Investment Strategy
Sceptre’s bond management team employs a three-pronged strategy to enhance value. They invest in Canadian corporate and municipal bonds to obtain higher yields, government securities to adjust the overall bond mix and duration call, and global bonds for foreign currency and rate exposure.
Allocation between the various sectors, as well as security selection, is influenced by various factors including: interest rate movements, inflation, economic developments and credit/quality ratings.
