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Fund Overview: Scotia U.S. $ Bond Fund

At a Glance
Investment Objectives To provide a high level of regular interest income. It invests primarily in bonds and treasury bills that are denominated in U.S. dollars and are issued by Canadian federal, provincial and municipal governments, Canadian corporations and supranational entities, such as the World Bank.
Who Should Invest In This Fund? The fund may be suitable for you if:
  • you want a high level of regular interest income and U.S. dollar exposure
  • you're investing for at least three years
  • you can accept medium risk
Date Established November 27, 1991
Class Availability Class A and Class F
Fund Category Global Fixed Income
Benchmark Index Merrill Lynch Corporate and Quasi Government, Canadian Issuers, 1-10 Years Index (U.S. dollars)
Distribution Frequency Monthly
Portfolio Advisor Scotia Cassels Investment Counsel Limited
Eligible for Registered Plans? Yes
Management Expense Ratio (MER) 1.81% as at June 30, 2009
Minimum Initial Investment $500
Minimum Subsequent Investment $50
Fund Code BNS359