Corporate bond ETFs have been trading at a substantial discount to their net asset value
Canadian dividend and income equity funds invest in stocks of large, established companies that have steady revenue streams
One of the new funds invests in pools of mortgage-backed securities
The U.S.-based investment firm will subadvise CI’s new fixed income funds
Carefully chosen corporate issues can provide extra yield at a time when bond income is lean
The actively managed pools aim to deliver outcomes ranging from regular income to modest capital appreciation
Among the key considerations are the size of the account, the client's time horizon, transaction costs, management fees and taxes
Fund aimed at investors “looking to simplify their fixed income holdings”
But flows into fixed income were offset by redemptions in equities
The flattening of the yield curve has dampened demand for these funds, however