Gibb River Diamonds Limited (PHO)

Overview

The Fund operates with a specific focus on generating income for investors over a limited period, aiming for a definite termination date. Its strategy involves mimicking the investment results that roughly match the performance of the FTSE TMX Canada 2019 Maturity Corporate Bond Index, prior to considering fees and expenses. The distinct aspect of this index is its intended reflection of the performance of a portfolio of mainly Canadian dollar-denominated investment-grade corporate bonds, scheduled to mature in the year 2019. This approach indicates a maturity-focused, fixed-income investment model geared towards investors looking for predictable returns over a pre-defined timeframe.

Products and Services

• Income Generation through Maturity-Focused Bonds

  The core offering from the Fund revolves around providing income through a carefully selected portfolio of investment-grade corporate bonds. Each bond within the portfolio has an effective maturity date in the year 2019, aligning with the Fund's target termination date. This product is designed for investors seeking income generation with a relatively short investment horizon, benefiting from the stability of investment-grade corporate bonds.

• Replication of the FTSE TMX Canada 2019 Maturity Corporate Bond Index Performance

  In alignment with its strategic goal, the Fund endeavors to replicate the performance of the FTSE TMX Canada 2019 Maturity Corporate Bond Index, before accounting for fees and expenses. The index represents a portfolio strategy that concentrates on investment-grade, Canadian dollar-denominated corporate bonds, due to mature in 2019. This service ensures that investors have access to a managed selection of bonds aiming to mirror the index's performance, offering a passive investment strategy in line with the Fund's finite life span.