IPC Private Wealth Visio Balanced Income Pool Series I
July 31, 2025
The pool seeks to provide investors with a balance of regular income and long-term capital appreciation by investing either directly, or through securities of other investment funds, in equity and fixed-income securities of a variety of North American and international issuers. The pool seeks to benefit from an allocation to a concentrated underlying North American Equity High Income fund.
Is this portfolio right for you?
- Designed to provide a balance of regular income with the potential for capital growth.
- Access to a concentrated selection of equity and fixed- income securities combined with ETFs.
- Monthly distributions.
Neutral portfolio allocation1
Annualized performance (%)
| Period | 1 mth | 3 mths | 6 mths | 1 yr | 3 yr | 5 yr | 10 yr | Inception return |
|---|---|---|---|---|---|---|---|---|
| Series I | 0.6 | 4.8 | 1.9 | 8.1 | 9.5 | - | - | 7.9 |
Performance (%) calendar year returns
| Period | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series I | - | - | - | - | - | - | - | 3.9 | 7.1 | 12.9 | 3.7 |
Historical performance (%) Current value of $10,000
For the period 05/30/2021 through 07/31/2025 with $10,000 investment, The value of the investment would be $13,679
How the fund is invested2 as at May 31, 2025
Asset allocation (%)
| Asset allocation | (%) |
|---|---|
| Domestic Bonds | 28.7 |
| US Equity | 22.4 |
| Canadian Equity | 19.7 |
| International Equity | 18.2 |
| Foreign Bonds | 9.6 |
| Cash and Equivalents | 1.2 |
| Income Trust Units | 0.2 |
| Other | 0.1 |
Geographic allocation (%)
| Geographic allocation | (%) |
|---|---|
| Canada | 49.2 |
| United States | 29.3 |
| United Kingdom | 2.5 |
| Japan | 2.4 |
| Multi-National | 2.4 |
| Switzerland | 1.5 |
| Australia | 1.4 |
| France | 1.3 |
| Germany | 1.2 |
| Other | 9.0 |
Sector allocation (%)
| Sector allocation | (%) |
|---|---|
| Fixed Income | 38.3 |
| Financial Services | 16.7 |
| Consumer Services | 11.1 |
| Telecommunications | 6.7 |
| Consumer Goods | 5.6 |
| Technology | 4.8 |
| Healthcare | 4.8 |
| Energy | 4.4 |
| Industrial Services | 1.7 |
| Other | 5.8 |
Top holdings
| Underlying funds/holdings | (%) of NAV |
|---|---|
| Counsel North American Equity High Income | 40.8 |
| IPC Private Wealth Visio Core Fixed Income | 26.0 |
| Vanguard Internatl High Div Yield Index ETF (VYMI) | 17.1 |
| iShares Broad USD High Yield Corp Bond ETF (USHY) | 4.4 |
| iShares JP Morgan EM Corp Bond ETF (CEMB) | 3.0 |
| BMO Aggregate Bond Index ETF (ZAG) | 3.0 |
| Ishares Dow Jones Intl Select Div Index Fund ETF | 3.0 |
| Sagard Private Credit LP | 2.3 |
| Top equity holdings | (%) of NAV |
|---|---|
| Manulife Financial Corp | 3.0 |
| Cal-Maine Foods Inc | 2.3 |
| Verizon Communications Inc | 2.2 |
| Sun Life Financial Inc | 2.2 |
| Comcast Corp Cl A | 2.2 |
| Booking Holdings Inc | 2.2 |
| Metro Inc | 2.0 |
| Empire Co Ltd Cl A | 2.0 |
| Johnson & Johnson | 2.0 |
| Suncor Energy Inc | 2.0 |
| Top fixed income holdings | (%) of NAV |
|---|---|
| Ontario Province 2.70% 02-Jun-2029 | 4.9 |
| Canada Government 3.25% 01-Sep-2028 | 4.3 |
| Sagard Private Credit LP | 2.3 |
| Alberta Province 2.05% 01-Jun-2030 | 1.6 |
| Hydro One Inc 3.02% 05-Jan-2029 | 1.5 |
| Toronto-Dominion Bank 3.06% 26-Jan-2027 | 1.4 |
| Manulife Bank of Canada 2.86% 16-Feb-2027 | 1.4 |
| Telus Corp 4.80% 15-Dec-2028 | 1.4 |
| John Deere Financial Inc 4.95% 14-Jun-2027 | 1.3 |
| BCI QuadReal Realty 2.55% 24-Jun-2026 | 1.3 |
How the fund is invested as at May 31, 2025
Investment holdings
| Domestic Bonds | (%) of NAV |
|---|---|
| Ontario Province 2.70% 02-Jun-2029 | 4.9 |
| Canada Government 3.25% 01-Sep-2028 | 4.3 |
| BMO Aggregate Bond Index ETF (ZAG) | 3.0 |
| Alberta Province 2.05% 01-Jun-2030 | 1.5 |
| Hydro One Inc 3.02% 05-Jan-2029 | 1.5 |
| Toronto-Dominion Bank 3.06% 26-Jan-2027 | 1.4 |
| Manulife Bank of Canada 2.86% 16-Feb-2027 | 1.4 |
| Telus Corp 4.80% 15-Dec-2028 | 1.4 |
| John Deere Financial Inc 4.95% 14-Jun-2027 | 1.3 |
| BCI QuadReal Realty 2.55% 24-Jun-2026 | 1.3 |
| Choice Properties REIT 2.85% 21-May-2027 | 1.2 |
| Rogers Communications Inc 3.80% 01-Dec-2026 | 1.2 |
| Dream Industrial REIT 2.54% 07-Dec-2026 | 1.1 |
| Dollarama Inc 1.87% 08-Jul-2026 | 1.1 |
| Teranet Holdings LP 3.72% 23-Feb-2029 | 1.0 |
| Bank of Nova Scotia 2.62% 02-Dec-2026 | 1.0 |
| Total | 28.6 |
| US Equity | (%) of NAV |
|---|---|
| Cal-Maine Foods Inc | 2.3 |
| Verizon Communications Inc | 2.2 |
| Comcast Corp Cl A | 2.2 |
| Booking Holdings Inc | 2.2 |
| Johnson & Johnson | 2.0 |
| Pfizer Inc | 1.8 |
| Cisco Systems Inc | 1.7 |
| AT&T Inc | 1.2 |
| Dolby Laboratories Inc Cl A | 0.9 |
| Western Union Co | 0.9 |
| Simon Property Group Inc | 0.8 |
| International Business Machines Corp | 0.8 |
| Perdoceo Education Corp | 0.8 |
| NetApp Inc | 0.7 |
| Colgate-Palmolive Co | 0.7 |
| InterDigital Inc | 0.6 |
| Salesforce Inc | 0.5 |
| Total | 22.3 |
| International Equity | (%) of NAV |
|---|---|
| Vanguard Internatl High Div Yield Index ETF (VYMI) | 17.1 |
| Ishares Dow Jones Intl Select Div Index Fund ETF | 3.0 |
| Total | 20.1 |
| Canadian Equity | (%) of NAV |
|---|---|
| Manulife Financial Corp | 3.0 |
| Sun Life Financial Inc | 2.2 |
| Metro Inc | 2.0 |
| Empire Co Ltd Cl A | 2.0 |
| Suncor Energy Inc | 1.9 |
| Bank of Nova Scotia | 1.8 |
| Canadian Tire Corp Ltd Cl A | 1.8 |
| iA Financial Corp Inc | 1.0 |
| Dollarama Inc | 0.8 |
| Fiera Capital Corp Cl A | 0.7 |
| Cenovus Energy Inc | 0.6 |
| Royal Bank of Canada | 0.5 |
| Total | 18.3 |
| Foreign Bonds | (%) of NAV |
|---|---|
| iShares Broad USD High Yield Corp Bond ETF (USHY) | 4.4 |
| iShares JP Morgan EM Corp Bond ETF (CEMB) | 3.0 |
| Sagard Private Credit LP | 2.3 |
| Total | 9.7 |
| Cash and Equivalents | (%) of NAV |
|---|---|
| Cash and Equivalents | 0.8 |
| Total | 0.8 |
| TOTAL | 100% |
|---|
Why Invest with Counsel Portfolios
Our Portfolio Management team builds and maintains our portfolios based on in-depth analysis to align to a broad range of investor risk profiles. We take an unbiased approach when choosing our money managers by incorporating a proprietary and disciplined methodology for researching and selecting independent asset managers from across the globe. Each manager is monitored and held accountable to their mandate to help ensure our investors have the best chance at achieving their financial goals.
Performance chart
Summary
For the period 05/30/2021 through 07/31/2025 with $10,000 investment
Total returns performance
36.79%
Last price
$10.35 CAD
as of market close 07/31/2025
Value of $10,000 investment
$13,679.11 CAD
| Effective date | Price ($) | Income | Capital gain | Return of capital | Total distribution |
|---|---|---|---|---|---|
| 08/20/2025 | 10.53 | - | - | - | - |
| 08/19/2025 | 10.52 | - | - | - | - |
| 08/18/2025 | 10.48 | - | - | - | - |
| 08/15/2025 | 10.48 | - | - | - | - |
| 08/14/2025 | 10.45 | - | - | - | - |
| 08/13/2025 | 10.45 | - | - | - | - |
| 08/12/2025 | 10.41 | - | - | - | - |
| 08/11/2025 | 10.35 | - | - | - | - |
| 08/08/2025 | 10.36 | - | - | - | - |
| 08/07/2025 | 10.33 | - | - | - | - |
| 08/06/2025 | 10.36 | - | - | - | - |
| 08/05/2025 | 10.35 | - | - | - | - |
| 08/01/2025 | 10.29 | - | - | - | - |
| 07/31/2025 | 10.35 | - | - | - | - |
| 07/30/2025 | 10.37 | - | - | - | - |
| 07/29/2025 | 10.38 | - | - | - | - |
| 07/28/2025 | 10.36 | - | - | - | - |
| 07/25/2025 | 10.39 | 0.05 | - | - | 0.05 |
| 07/24/2025 | 10.42 | - | - | - | - |
| 07/23/2025 | 10.45 | - | - | - | - |
| 07/22/2025 | 10.37 | - | - | - | - |
| 07/21/2025 | 10.35 | - | - | - | - |
| 07/18/2025 | 10.34 | - | - | - | - |
| 07/17/2025 | 10.36 | - | - | - | - |
| 07/16/2025 | 10.30 | - | - | - | - |
| 07/15/2025 | 10.28 | - | - | - | - |
| 07/14/2025 | 10.34 | - | - | - | - |
| 07/11/2025 | 10.32 | - | - | - | - |
| 07/10/2025 | 10.37 | - | - | - | - |
| 07/09/2025 | 10.38 | - | - | - | - |
| 07/08/2025 | 10.37 | - | - | - | - |
| 07/07/2025 | 10.33 | - | - | - | - |
| 07/04/2025 | 10.36 | - | - | - | - |
| 07/03/2025 | 10.35 | - | - | - | - |
| 07/02/2025 | 10.34 | - | - | - | - |
| 06/30/2025 | 10.33 | - | - | - | - |
| 06/27/2025 | 10.32 | - | - | - | - |
| 06/26/2025 | 10.27 | - | - | - | - |
| 06/25/2025 | 10.27 | - | - | - | - |
| 06/24/2025 | 10.32 | - | - | - | - |
| 06/23/2025 | 10.25 | - | - | - | - |
| 06/20/2025 | 10.20 | 0.02 | - | 0.03 | 0.05 |
| 06/19/2025 | 10.24 | - | - | - | - |
| 06/18/2025 | 10.22 | - | - | - | - |
| 06/17/2025 | 10.20 | - | - | - | - |
| 06/16/2025 | 10.23 | - | - | - | - |
| 06/13/2025 | 10.20 | - | - | - | - |
| 06/12/2025 | 10.27 | - | - | - | - |
| 06/11/2025 | 10.26 | - | - | - | - |
| 06/10/2025 | 10.27 | - | - | - | - |
| 06/09/2025 | 10.25 | - | - | - | - |
| 06/06/2025 | 10.27 | - | - | - | - |
| 06/05/2025 | 10.23 | - | - | - | - |
| 06/04/2025 | 10.22 | - | - | - | - |
| 06/03/2025 | 10.24 | - | - | - | - |
| 06/02/2025 | 10.25 | - | - | - | - |
| 05/30/2025 | 10.22 | - | - | - | - |
| 05/29/2025 | 10.24 | - | - | - | - |
| 05/28/2025 | 10.23 | - | - | - | - |
| 05/27/2025 | 10.25 | - | - | - | - |
| 05/26/2025 | 10.16 | - | - | - | - |
| 05/23/2025 | 10.14 | 0.03 | - | 0.02 | 0.05 |
| 05/22/2025 | 10.23 | - | - | - | - |
| 05/21/2025 | 10.24 | - | - | - | - |
| 05/20/2025 | 10.32 | - | - | - | - |
| 05/16/2025 | 10.32 | - | - | - | - |
| 05/15/2025 | 10.28 | - | - | - | - |
| 05/14/2025 | 10.19 | - | - | - | - |
| 05/13/2025 | 10.20 | - | - | - | - |
| 05/12/2025 | 10.22 | - | - | - | - |
| 05/09/2025 | 10.14 | - | - | - | - |
| 05/08/2025 | 10.12 | - | - | - | - |
| 05/07/2025 | 10.11 | - | - | - | - |
| 05/06/2025 | 10.08 | - | - | - | - |
| 05/05/2025 | 10.09 | - | - | - | - |
| 05/02/2025 | 10.10 | - | - | - | - |
| 05/01/2025 | 10.02 | - | - | - | - |
| 04/30/2025 | 10.02 | - | - | - | - |
| 04/29/2025 | 10.03 | - | - | - | - |
| 04/28/2025 | 9.99 | - | - | - | - |
| 04/25/2025 | 9.97 | 0.04 | - | 0.01 | 0.05 |
| 04/24/2025 | 10.00 | - | - | - | - |
| 04/23/2025 | 9.96 | - | - | - | - |
| 04/22/2025 | 9.91 | - | - | - | - |
| 04/21/2025 | 9.79 | - | - | - | - |
| 04/17/2025 | 9.85 | - | - | - | - |
| 04/16/2025 | 9.82 | - | - | - | - |
| 04/15/2025 | 9.89 | - | - | - | - |
| 04/14/2025 | 9.83 | - | - | - | - |
| 04/11/2025 | 9.75 | - | - | - | - |
| 04/10/2025 | 9.67 | - | - | - | - |
| 04/09/2025 | 9.87 | - | - | - | - |
| 04/08/2025 | 9.60 | - | - | - | - |
| 04/07/2025 | 9.68 | - | - | - | - |
| 04/04/2025 | 9.81 | - | - | - | - |
| 04/03/2025 | 10.09 | - | - | - | - |
| 04/02/2025 | 10.32 | - | - | - | - |
| 04/01/2025 | 10.28 | - | - | - | - |
| 03/31/2025 | 10.29 | - | - | - | - |
| 03/28/2025 | 10.25 | - | - | - | - |
| 03/27/2025 | 10.30 | - | - | - | - |
| 03/26/2025 | 10.30 | - | - | - | - |
| 03/25/2025 | 10.31 | - | - | - | - |
| 03/24/2025 | 10.30 | - | - | - | - |
| 03/21/2025 | 10.26 | 0.03 | - | 0.02 | 0.05 |
| 03/20/2025 | 10.31 | - | - | - | - |
| 03/19/2025 | 10.34 | - | - | - | - |
| 03/18/2025 | 10.28 | - | - | - | - |
| 03/17/2025 | 10.29 | - | - | - | - |
| 03/14/2025 | 10.22 | - | - | - | - |
| 03/13/2025 | 10.15 | - | - | - | - |
| 03/12/2025 | 10.19 | - | - | - | - |
| 03/11/2025 | 10.22 | - | - | - | - |
| 03/10/2025 | 10.31 | - | - | - | - |
| 03/07/2025 | 10.37 | - | - | - | - |
| 03/06/2025 | 10.23 | - | - | - | - |
| 03/05/2025 | 10.28 | - | - | - | - |
| 03/04/2025 | 10.29 | - | - | - | - |
| 03/03/2025 | 10.39 | - | - | - | - |
| 02/28/2025 | 10.38 | - | - | - | - |
| 02/27/2025 | 10.36 | - | - | - | - |
| 02/26/2025 | 10.37 | - | - | - | - |
| 02/25/2025 | 10.38 | - | - | - | - |
| 02/24/2025 | 10.32 | - | - | - | - |
| 02/21/2025 | 10.30 | 0.03 | - | 0.02 | 0.05 |
| 02/20/2025 | 10.36 | - | - | - | - |
| 02/19/2025 | 10.37 | - | - | - | - |
| 02/18/2025 | 10.35 | - | - | - | - |
| 02/14/2025 | 10.32 | - | - | - | - |
| 02/13/2025 | 10.37 | - | - | - | - |
| 02/12/2025 | 10.38 | - | - | - | - |
| 02/11/2025 | 10.41 | - | - | - | - |
| 02/10/2025 | 10.40 | - | - | - | - |
| 02/07/2025 | 10.37 | - | - | - | - |
| 02/06/2025 | 10.43 | - | - | - | - |
| 02/05/2025 | 10.43 | - | - | - | - |
| 02/04/2025 | 10.37 | - | - | - | - |
| 02/03/2025 | 10.41 | - | - | - | - |
| 01/31/2025 | 10.46 | - | - | - | - |
| 01/30/2025 | 10.51 | - | - | - | - |
| 01/29/2025 | 10.43 | - | - | - | - |
| 01/28/2025 | 10.40 | - | - | - | - |
| 01/27/2025 | 10.41 | - | - | - | - |
| 01/24/2025 | 10.36 | - | - | 0.05 | 0.05 |
| 01/23/2025 | 10.42 | - | - | - | - |
| 01/22/2025 | 10.38 | - | - | - | - |
| 01/21/2025 | 10.42 | - | - | - | - |
| 01/20/2025 | 10.36 | - | - | - | - |
| 01/17/2025 | 10.41 | - | - | - | - |
| 01/16/2025 | 10.35 | - | - | - | - |
| 01/15/2025 | 10.31 | - | - | - | - |
| 01/14/2025 | 10.23 | - | - | - | - |
| 01/13/2025 | 10.22 | - | - | - | - |
| 01/10/2025 | 10.22 | - | - | - | - |
| 01/09/2025 | 10.32 | - | - | - | - |
| 01/08/2025 | 10.31 | - | - | - | - |
| 01/07/2025 | 10.31 | - | - | - | - |
| 01/06/2025 | 10.32 | - | - | - | - |
| 01/03/2025 | 10.37 | - | - | - | - |
| 01/02/2025 | 10.32 | - | - | - | - |
| 12/31/2024 | 10.32 | - | - | - | - |
| 12/30/2024 | 10.28 | - | - | - | - |
| 12/27/2024 | 10.32 | - | - | - | - |
| 12/24/2024 | 10.31 | - | - | - | - |
| 12/23/2024 | 10.28 | - | - | - | - |
| 12/20/2024 | 10.24 | 0.08 | 0.14 | - | 0.22 |
| 12/19/2024 | 10.43 | - | - | - | - |
| 12/18/2024 | 10.46 | - | - | - | - |
| 12/17/2024 | 10.59 | - | - | - | - |
| 12/16/2024 | 10.62 | - | - | - | - |
| 12/13/2024 | 10.62 | - | - | - | - |
| 12/12/2024 | 10.62 | - | - | - | - |
| 12/11/2024 | 10.65 | - | - | - | - |
| 12/10/2024 | 10.65 | - | - | - | - |
| 12/09/2024 | 10.69 | - | - | - | - |
| 12/06/2024 | 10.70 | - | - | - | - |
| 12/05/2024 | 10.66 | - | - | - | - |
| 12/04/2024 | 10.65 | - | - | - | - |
| 12/03/2024 | 10.66 | - | - | - | - |
| 12/02/2024 | 10.66 | - | - | - | - |
| 11/29/2024 | 10.64 | - | - | - | - |
| 11/28/2024 | 10.59 | - | - | - | - |
| 11/27/2024 | 10.59 | - | - | - | - |
| 11/26/2024 | 10.60 | - | - | - | - |
| 11/25/2024 | 10.57 | - | - | - | - |
| 11/22/2024 | 10.54 | 0.02 | - | 0.03 | 0.05 |
| 11/21/2024 | 10.56 | - | - | - | - |
| 11/20/2024 | 10.52 | - | - | - | - |
| 11/19/2024 | 10.51 | - | - | - | - |
| 11/18/2024 | 10.54 | - | - | - | - |
| 11/15/2024 | 10.54 | - | - | - | - |
| 11/14/2024 | 10.54 | - | - | - | - |
| 11/13/2024 | 10.48 | - | - | - | - |
| 11/12/2024 | 10.47 | - | - | - | - |
| 11/11/2024 | 10.53 | - | - | - | - |
| 11/08/2024 | 10.49 | - | - | - | - |
| 11/07/2024 | 10.51 | - | - | - | - |
| 11/06/2024 | 10.50 | - | - | - | - |
| 11/05/2024 | 10.34 | - | - | - | - |
| 11/04/2024 | 10.30 | - | - | - | - |
| 11/01/2024 | 10.31 | - | - | - | - |
| 10/31/2024 | 10.28 | - | - | - | - |
| 10/30/2024 | 10.36 | - | - | - | - |
| 10/29/2024 | 10.38 | - | - | - | - |
| 10/28/2024 | 10.39 | - | - | - | - |
| 10/25/2024 | 10.35 | 0.04 | - | 0.01 | 0.05 |
| 10/24/2024 | 10.42 | - | - | - | - |
| 10/23/2024 | 10.39 | - | - | - | - |
| 10/22/2024 | 10.41 | - | - | - | - |
| 10/21/2024 | 10.44 | - | - | - | - |
| 10/18/2024 | 10.50 | - | - | - | - |
| 10/17/2024 | 10.50 | - | - | - | - |
| 10/16/2024 | 10.48 | - | - | - | - |
| 10/15/2024 | 10.46 | - | - | - | - |
| 10/11/2024 | 10.48 | - | - | - | - |
| 10/10/2024 | 10.41 | - | - | - | - |
| 10/09/2024 | 10.38 | - | - | - | - |
| 10/08/2024 | 10.34 | - | - | - | - |
| 10/07/2024 | 10.36 | - | - | - | - |
| 10/04/2024 | 10.35 | - | - | - | - |
| 10/03/2024 | 10.29 | - | - | - | - |
| 10/02/2024 | 10.27 | - | - | - | - |
| 10/01/2024 | 10.27 | - | - | - | - |
| 09/30/2024 | 10.29 | - | - | - | - |
| 09/27/2024 | 10.27 | - | - | - | - |
| 09/26/2024 | 10.24 | - | - | - | - |
| 09/25/2024 | 10.21 | - | - | - | - |
| 09/24/2024 | 10.25 | - | - | - | - |
| 09/23/2024 | 10.22 | - | - | - | - |
| 09/20/2024 | 10.22 | 0.02 | - | 0.03 | 0.05 |
| 09/19/2024 | 10.29 | - | - | - | - |
| 09/18/2024 | 10.22 | - | - | - | - |
| 09/17/2024 | 10.22 | - | - | - | - |
| 09/16/2024 | 10.22 | - | - | - | - |
| 09/13/2024 | 10.17 | - | - | - | - |
| 09/12/2024 | 10.12 | - | - | - | - |
| 09/11/2024 | 10.07 | - | - | - | - |
| 09/10/2024 | 10.06 | - | - | - | - |
| 09/09/2024 | 10.08 | - | - | - | - |
| 09/06/2024 | 10.04 | - | - | - | - |
| 09/05/2024 | 10.11 | - | - | - | - |
| 09/04/2024 | 10.13 | - | - | - | - |
| 09/03/2024 | 10.16 | - | - | - | - |
| 08/30/2024 | 10.21 | - | - | - | - |
| 08/29/2024 | 10.20 | - | - | - | - |
| 08/28/2024 | 10.20 | - | - | - | - |
| 08/27/2024 | 10.21 | - | - | - | - |
| 08/26/2024 | 10.23 | - | - | - | - |
| 08/23/2024 | 10.23 | 0.03 | - | 0.02 | 0.05 |
| 08/22/2024 | 10.20 | - | - | - | - |
| 08/21/2024 | 10.23 | - | - | - | - |
| 08/20/2024 | 10.20 | - | - | - | - |
| 08/19/2024 | 10.26 | - | - | - | - |
| 08/16/2024 | 10.25 | - | - | - | - |
| 08/15/2024 | 10.25 | - | - | - | - |
| 08/14/2024 | 10.16 | - | - | - | - |
| 08/13/2024 | 10.14 | - | - | - | - |
| 08/12/2024 | 10.07 | - | - | - | - |
| 08/09/2024 | 10.04 | - | - | - | - |
| 08/08/2024 | 10.01 | - | - | - | - |
| 08/07/2024 | 9.92 | - | - | - | - |
| 08/06/2024 | 9.91 | - | - | - | - |
| 08/02/2024 | 10.08 | - | - | - | - |
| 08/01/2024 | 10.21 | - | - | - | - |
| 07/31/2024 | 10.32 | - | - | - | - |
| 07/30/2024 | 10.27 | - | - | - | - |
| 07/29/2024 | 10.25 | - | - | - | - |
| 07/26/2024 | 10.27 | 0.05 | - | - | 0.05 |
| 07/25/2024 | 10.25 | - | - | - | - |
| 07/24/2024 | 10.21 | - | - | - | - |
| 07/23/2024 | 10.27 | - | - | - | - |
| 07/22/2024 | 10.28 | - | - | - | - |
| 07/19/2024 | 10.22 | - | - | - | - |
| 07/18/2024 | 10.24 | - | - | - | - |
| 07/17/2024 | 10.28 | - | - | - | - |
| 07/16/2024 | 10.27 | - | - | - | - |
| 07/15/2024 | 10.23 | - | - | - | - |
| 07/12/2024 | 10.20 | - | - | - | - |
| 07/11/2024 | 10.15 | - | - | - | - |
| 07/10/2024 | 10.07 | - | - | - | - |
| 07/09/2024 | 9.99 | - | - | - | - |
| 07/08/2024 | 10.02 | - | - | - | - |
| 07/05/2024 | 10.02 | - | - | - | - |
| 07/04/2024 | 10.04 | - | - | - | - |
| 07/03/2024 | 10.04 | - | - | - | - |
| 07/02/2024 | 10.01 | - | - | - | - |
| 06/28/2024 | 10.00 | - | - | - | - |
| 06/27/2024 | 10.00 | - | - | - | - |
| 06/26/2024 | 9.99 | - | - | - | - |
| 06/25/2024 | 10.01 | - | - | - | - |
| 06/24/2024 | 10.02 | - | - | - | - |
| 06/21/2024 | 9.95 | 0.02 | - | 0.03 | 0.05 |
| 06/20/2024 | 10.02 | - | - | - | - |
| 06/19/2024 | 10.01 | - | - | - | - |
| 06/18/2024 | 10.03 | - | - | - | - |
| 06/17/2024 | 9.99 | - | - | - | - |
| 06/14/2024 | 9.97 | - | - | - | - |
| 06/13/2024 | 10.02 | - | - | - | - |
| 06/12/2024 | 10.08 | - | - | - | - |
| 06/11/2024 | 10.06 | - | - | - | - |
| 06/10/2024 | 10.12 | - | - | - | - |
| 06/07/2024 | 10.09 | - | - | - | - |
| 06/06/2024 | 10.11 | - | - | - | - |
| 06/05/2024 | 10.11 | - | - | - | - |
| 06/04/2024 | 10.07 | - | - | - | - |
| 06/03/2024 | 10.09 | - | - | - | - |
| 05/31/2024 | 10.11 | - | - | - | - |
| 05/30/2024 | 10.06 | - | - | - | - |
| 05/29/2024 | 10.05 | - | - | - | - |
| 05/28/2024 | 10.11 | - | - | - | - |
| 05/27/2024 | 10.14 | - | - | - | - |
| 05/24/2024 | 10.15 | 0.02 | - | 0.03 | 0.05 |
| 05/23/2024 | 10.18 | - | - | - | - |
| 05/22/2024 | 10.21 | - | - | - | - |
| 05/21/2024 | 10.24 | - | - | - | - |
| 05/17/2024 | 10.21 | - | - | - | - |
| 05/16/2024 | 10.20 | - | - | - | - |
| 05/15/2024 | 10.19 | - | - | - | - |
| 05/14/2024 | 10.16 | - | - | - | - |
| 05/13/2024 | 10.14 | - | - | - | - |
| 05/10/2024 | 10.13 | - | - | - | - |
| 05/09/2024 | 10.17 | - | - | - | - |
| 05/08/2024 | 10.14 | - | - | - | - |
| 05/07/2024 | 10.14 | - | - | - | - |
| 05/06/2024 | 10.11 | - | - | - | - |
| 05/03/2024 | 10.06 | - | - | - | - |
| 05/02/2024 | 10.02 | - | - | - | - |
| 05/01/2024 | 10.00 | - | - | - | - |
| 04/30/2024 | 10.02 | - | - | - | - |
| 04/29/2024 | 10.08 | - | - | - | - |
| 04/26/2024 | 10.07 | - | - | - | - |
| 04/25/2024 | 10.03 | - | - | - | - |
| 04/24/2024 | 10.10 | - | - | - | - |
| 04/23/2024 | 10.10 | - | - | - | - |
| 04/22/2024 | 10.05 | - | - | - | - |
| 04/19/2024 | 10.01 | 0.04 | - | 0.01 | 0.05 |
| 04/18/2024 | 10.02 | - | - | - | - |
| 04/17/2024 | 10.02 | - | - | - | - |
| 04/16/2024 | 10.04 | - | - | - | - |
| 04/15/2024 | 10.06 | - | - | - | - |
| 04/12/2024 | 10.10 | - | - | - | - |
| 04/11/2024 | 10.14 | - | - | - | - |
| 04/10/2024 | 10.15 | - | - | - | - |
| 04/09/2024 | 10.21 | - | - | - | - |
| 04/08/2024 | 10.20 | - | - | - | - |
| 04/05/2024 | 10.18 | - | - | - | - |
| 04/04/2024 | 10.14 | - | - | - | - |
| 04/03/2024 | 10.16 | - | - | - | - |
| 04/02/2024 | 10.15 | - | - | - | - |
| 04/01/2024 | 10.18 | - | - | - | - |
| 03/28/2024 | 10.21 | - | - | - | - |
| 03/27/2024 | 10.21 | - | - | - | - |
| 03/26/2024 | 10.15 | - | - | - | - |
| 03/25/2024 | 10.16 | - | - | - | - |
| 03/22/2024 | 10.17 | 0.03 | - | 0.02 | 0.05 |
| 03/21/2024 | 10.21 | - | - | - | - |
| 03/20/2024 | 10.18 | - | - | - | - |
| 03/19/2024 | 10.16 | - | - | - | - |
| 03/18/2024 | 10.10 | - | - | - | - |
| 03/15/2024 | 10.10 | - | - | - | - |
| 03/14/2024 | 10.09 | - | - | - | - |
| 03/13/2024 | 10.11 | - | - | - | - |
| 03/12/2024 | 10.11 | - | - | - | - |
| 03/11/2024 | 10.08 | - | - | - | - |
| 03/08/2024 | 10.09 | - | - | - | - |
| 03/07/2024 | 10.08 | - | - | - | - |
| 03/06/2024 | 10.06 | - | - | - | - |
| 03/05/2024 | 10.05 | - | - | - | - |
| 03/04/2024 | 10.06 | - | - | - | - |
| 03/01/2024 | 10.07 | - | - | - | - |
| 02/29/2024 | 10.03 | - | - | - | - |
| 02/28/2024 | 9.99 | - | - | - | - |
| 02/27/2024 | 10.01 | - | - | - | - |
| 02/26/2024 | 9.99 | - | - | - | - |
| 02/23/2024 | 10.02 | 0.02 | - | 0.03 | 0.05 |
| 02/22/2024 | 10.04 | - | - | - | - |
| 02/21/2024 | 10.01 | - | - | - | - |
| 02/20/2024 | 10.02 | - | - | - | - |
| 02/16/2024 | 9.99 | - | - | - | - |
| 02/15/2024 | 9.99 | - | - | - | - |
| 02/14/2024 | 9.93 | - | - | - | - |
| 02/13/2024 | 9.88 | - | - | - | - |
| 02/12/2024 | 9.96 | - | - | - | - |
| 02/09/2024 | 9.95 | - | - | - | - |
| 02/08/2024 | 9.92 | - | - | - | - |
| 02/07/2024 | 9.94 | - | - | - | - |
| 02/06/2024 | 9.94 | - | - | - | - |
| 02/05/2024 | 9.91 | - | - | - | - |
| 02/02/2024 | 9.93 | - | - | - | - |
| 02/01/2024 | 9.95 | - | - | - | - |
| 01/31/2024 | 9.93 | - | - | - | - |
| 01/30/2024 | 9.97 | - | - | - | - |
| 01/29/2024 | 9.95 | - | - | - | - |
| 01/26/2024 | 9.95 | 0.02 | - | 0.03 | 0.05 |
| 01/25/2024 | 10.00 | - | - | - | - |
| 01/24/2024 | 9.97 | - | - | - | - |
| 01/23/2024 | 9.93 | - | - | - | - |
| 01/22/2024 | 9.92 | - | - | - | - |
| 01/19/2024 | 9.87 | - | - | - | - |
| 01/18/2024 | 9.87 | - | - | - | - |
| 01/17/2024 | 9.82 | - | - | - | - |
| 01/16/2024 | 9.88 | - | - | - | - |
| 01/15/2024 | 9.93 | - | - | - | - |
| 01/12/2024 | 9.91 | - | - | - | - |
| 01/11/2024 | 9.89 | - | - | - | - |
| 01/10/2024 | 9.87 | - | - | - | - |
| 01/09/2024 | 9.87 | - | - | - | - |
| 01/08/2024 | 9.90 | - | - | - | - |
| 01/05/2024 | 9.86 | - | - | - | - |
| 01/04/2024 | 9.85 | - | - | - | - |
| 01/03/2024 | 9.87 | - | - | - | - |
| 01/02/2024 | 9.88 | - | - | - | - |
| 12/29/2023 | 9.86 | - | - | - | - |
| 12/28/2023 | 9.87 | - | - | - | - |
| 12/27/2023 | 9.88 | - | - | - | - |
| 12/22/2023 | 9.84 | 0.05 | 0.01 | - | 0.06 |
| 12/21/2023 | 9.90 | - | - | - | - |
| 12/20/2023 | 9.88 | - | - | - | - |
| 12/19/2023 | 9.92 | - | - | - | - |
| 12/18/2023 | 9.88 | - | - | - | - |
| 12/15/2023 | 9.84 | - | - | - | - |
| 12/14/2023 | 9.91 | - | - | - | - |
| 12/13/2023 | 9.88 | - | - | - | - |
| 12/12/2023 | 9.79 | - | - | - | - |
| 12/11/2023 | 9.83 | - | - | - | - |
| 12/08/2023 | 9.83 | - | - | - | - |
| 12/07/2023 | 9.82 | - | - | - | - |
| 12/06/2023 | 9.80 | - | - | - | - |
| 12/05/2023 | 9.83 | - | - | - | - |
| 12/04/2023 | 9.85 | - | - | - | - |
| 12/01/2023 | 9.85 | - | - | - | - |
| 11/30/2023 | 9.81 | - | - | - | - |
| 11/29/2023 | 9.80 | - | - | - | - |
| 11/28/2023 | 9.77 | - | - | - | - |
| 11/27/2023 | 9.77 | - | - | - | - |
| 11/24/2023 | 9.79 | 0.03 | - | 0.02 | 0.05 |
| 11/23/2023 | 9.84 | - | - | - | - |
| 11/22/2023 | 9.84 | - | - | - | - |
| 11/21/2023 | 9.83 | - | - | - | - |
| 11/20/2023 | 9.86 | - | - | - | - |
| 11/17/2023 | 9.82 | - | - | - | - |
| 11/16/2023 | 9.78 | - | - | - | - |
| 11/15/2023 | 9.79 | - | - | - | - |
| 11/14/2023 | 9.82 | - | - | - | - |
| 11/13/2023 | 9.72 | - | - | - | - |
| 11/10/2023 | 9.71 | - | - | - | - |
| 11/09/2023 | 9.66 | - | - | - | - |
| 11/08/2023 | 9.68 | - | - | - | - |
| 11/07/2023 | 9.70 | - | - | - | - |
| 11/06/2023 | 9.72 | - | - | - | - |
| 11/03/2023 | 9.75 | - | - | - | - |
| 11/02/2023 | 9.73 | - | - | - | - |
| 11/01/2023 | 9.67 | - | - | - | - |
| 10/31/2023 | 9.60 | - | - | - | - |
| 10/30/2023 | 9.56 | - | - | - | - |
| 10/27/2023 | 9.52 | - | - | - | - |
| 10/26/2023 | 9.52 | - | - | - | - |
| 10/25/2023 | 9.51 | - | - | - | - |
| 10/24/2023 | 9.51 | - | - | - | - |
| 10/23/2023 | 9.45 | - | - | - | - |
| 10/20/2023 | 9.45 | 0.04 | - | 0.01 | 0.05 |
| 10/19/2023 | 9.57 | - | - | - | - |
| 10/18/2023 | 9.60 | - | - | - | - |
| 10/17/2023 | 9.63 | - | - | - | - |
| 10/16/2023 | 9.61 | - | - | - | - |
| 10/13/2023 | 9.59 | - | - | - | - |
| 10/12/2023 | 9.61 | - | - | - | - |
| 10/11/2023 | 9.64 | - | - | - | - |
| 10/10/2023 | 9.62 | - | - | - | - |
| 10/06/2023 | 9.55 | - | - | - | - |
| 10/05/2023 | 9.52 | - | - | - | - |
| 10/04/2023 | 9.50 | - | - | - | - |
| 10/03/2023 | 9.48 | - | - | - | - |
| 10/02/2023 | 9.56 | - | - | - | - |
| 09/29/2023 | 9.60 | - | - | - | - |
| 09/28/2023 | 9.59 | - | - | - | - |
| 09/27/2023 | 9.56 | - | - | - | - |
| 09/26/2023 | 9.57 | - | - | - | - |
| 09/25/2023 | 9.62 | - | - | - | - |
| 09/22/2023 | 9.64 | 0.02 | - | 0.03 | 0.05 |
| 09/21/2023 | 9.69 | - | - | - | - |
| 09/20/2023 | 9.78 | - | - | - | - |
| 09/19/2023 | 9.79 | - | - | - | - |
| 09/18/2023 | 9.83 | - | - | - | - |
| 09/15/2023 | 9.84 | - | - | - | - |
| 09/14/2023 | 9.86 | - | - | - | - |
| 09/13/2023 | 9.79 | - | - | - | - |
| 09/12/2023 | 9.79 | - | - | - | - |
| 09/11/2023 | 9.84 | - | - | - | - |
| 09/08/2023 | 9.82 | - | - | - | - |
| 09/07/2023 | 9.84 | - | - | - | - |
| 09/06/2023 | 9.84 | - | - | - | - |
| 09/05/2023 | 9.87 | - | - | - | - |
| 09/01/2023 | 9.92 | - | - | - | - |
| 08/31/2023 | 9.84 | - | - | - | - |
| 08/30/2023 | 9.85 | - | - | - | - |
| 08/29/2023 | 9.85 | - | - | - | - |
| 08/28/2023 | 9.77 | - | - | - | - |
| 08/25/2023 | 9.71 | 0.02 | - | 0.03 | 0.05 |
| 08/24/2023 | 9.71 | - | - | - | - |
| 08/23/2023 | 9.75 | - | - | - | - |
| 08/22/2023 | 9.69 | - | - | - | - |
| 08/21/2023 | 9.70 | - | - | - | - |
| 08/18/2023 | 9.71 | - | - | - | - |
| 08/17/2023 | 9.70 | - | - | - | - |
| 08/16/2023 | 9.71 | - | - | - | - |
| 08/15/2023 | 9.72 | - | - | - | - |
| 08/14/2023 | 9.80 | - | - | - | - |
| 08/11/2023 | 9.81 | - | - | - | - |
| 08/10/2023 | 9.82 | - | - | - | - |
| 08/09/2023 | 9.82 | - | - | - | - |
| 08/08/2023 | 9.82 | - | - | - | - |
| 08/04/2023 | 9.82 | - | - | - | - |
| 08/03/2023 | 9.79 | - | - | - | - |
| 08/02/2023 | 9.82 | - | - | - | - |
| 08/01/2023 | 9.88 | - | - | - | - |
| 07/31/2023 | 9.93 | - | - | - | - |
| 07/28/2023 | 9.94 | - | - | - | - |
| 07/27/2023 | 9.88 | - | - | - | - |
| 07/26/2023 | 9.92 | - | - | - | - |
| 07/25/2023 | 9.87 | - | - | - | - |
| 07/24/2023 | 9.83 | - | - | - | - |
| 07/21/2023 | 9.83 | 0.05 | - | - | 0.05 |
| 07/20/2023 | 9.85 | - | - | - | - |
| 07/19/2023 | 9.86 | - | - | - | - |
| 07/18/2023 | 9.85 | - | - | - | - |
| 07/17/2023 | 9.79 | - | - | - | - |
| 07/14/2023 | 9.80 | - | - | - | - |
| 07/13/2023 | 9.79 | - | - | - | - |
| 07/12/2023 | 9.75 | - | - | - | - |
| 07/11/2023 | 9.70 | - | - | - | - |
| 07/10/2023 | 9.67 | - | - | - | - |
| 07/07/2023 | 9.66 | - | - | - | - |
| 07/06/2023 | 9.68 | - | - | - | - |
| 07/05/2023 | 9.74 | - | - | - | - |
| 07/04/2023 | 9.79 | - | - | - | - |
| 06/30/2023 | 9.77 | - | - | - | - |
| 06/29/2023 | 9.71 | - | - | - | - |
| 06/28/2023 | 9.68 | - | - | - | - |
| 06/27/2023 | 9.65 | - | - | - | - |
| 06/26/2023 | 9.59 | - | - | - | - |
| 06/23/2023 | 9.56 | 0.03 | - | 0.02 | 0.05 |
| 06/22/2023 | 9.65 | - | - | - | - |
| 06/21/2023 | 9.71 | - | - | - | - |
| 06/20/2023 | 9.71 | - | - | - | - |
| 06/19/2023 | 9.76 | - | - | - | - |
| 06/16/2023 | 9.76 | - | - | - | - |
| 06/15/2023 | 9.80 | - | - | - | - |
| 06/14/2023 | 9.79 | - | - | - | - |
| 06/13/2023 | 9.76 | - | - | - | - |
| 06/12/2023 | 9.75 | - | - | - | - |
| 06/09/2023 | 9.73 | - | - | - | - |
| 06/08/2023 | 9.74 | - | - | - | - |
| 06/07/2023 | 9.72 | - | - | - | - |
| 06/06/2023 | 9.74 | - | - | - | - |
| 06/05/2023 | 9.71 | - | - | - | - |
| 06/02/2023 | 9.74 | - | - | - | - |
| 06/01/2023 | 9.64 | - | - | - | - |
| 05/31/2023 | 9.62 | - | - | - | - |
| 05/30/2023 | 9.69 | - | - | - | - |
| 05/29/2023 | 9.73 | - | - | - | - |
| 05/26/2023 | 9.74 | 0.02 | - | 0.03 | 0.05 |
| 05/25/2023 | 9.76 | - | - | - | - |
| 05/24/2023 | 9.76 | - | - | - | - |
| 05/23/2023 | 9.81 | - | - | - | - |
| 05/19/2023 | 9.87 | - | - | - | - |
| 05/18/2023 | 9.84 | - | - | - | - |
| 05/17/2023 | 9.82 | - | - | - | - |
| 05/16/2023 | 9.79 | - | - | - | - |
| 05/15/2023 | 9.86 | - | - | - | - |
| 05/12/2023 | 9.87 | - | - | - | - |
| 05/11/2023 | 9.87 | - | - | - | - |
| 05/10/2023 | 9.84 | - | - | - | - |
| 05/09/2023 | 9.84 | - | - | - | - |
| 05/08/2023 | 9.86 | - | - | - | - |
| 05/05/2023 | 9.89 | - | - | - | - |
| 05/04/2023 | 9.86 | - | - | - | - |
| 05/03/2023 | 9.96 | - | - | - | - |
| 05/02/2023 | 9.98 | - | - | - | - |
| 05/01/2023 | 10.00 | - | - | - | - |
| 04/28/2023 | 10.04 | - | - | - | - |
| 04/27/2023 | 10.03 | - | - | - | - |
| 04/26/2023 | 9.99 | - | - | - | - |
| 04/25/2023 | 10.03 | - | - | - | - |
| 04/24/2023 | 10.08 | - | - | - | - |
| 04/21/2023 | 10.05 | 0.04 | - | 0.01 | 0.05 |
| 04/20/2023 | 10.07 | - | - | - | - |
| 04/19/2023 | 10.06 | - | - | - | - |
| 04/18/2023 | 10.06 | - | - | - | - |
| 04/17/2023 | 10.04 | - | - | - | - |
| 04/14/2023 | 10.02 | - | - | - | - |
| 04/13/2023 | 10.03 | - | - | - | - |
| 04/12/2023 | 10.04 | - | - | - | - |
| 04/11/2023 | 10.04 | - | - | - | - |
| 04/10/2023 | 10.01 | - | - | - | - |
| 04/06/2023 | 9.97 | - | - | - | - |
| 04/05/2023 | 9.96 | - | - | - | - |
| 04/04/2023 | 9.97 | - | - | - | - |
| 04/03/2023 | 10.02 | - | - | - | - |
| 03/31/2023 | 9.98 | - | - | - | - |
| 03/30/2023 | 9.93 | - | - | - | - |
| 03/29/2023 | 9.90 | - | - | - | - |
| 03/28/2023 | 9.85 | - | - | - | - |
| 03/27/2023 | 9.86 | - | - | - | - |
| 03/24/2023 | 9.85 | 0.02 | - | 0.03 | 0.05 |
| 03/23/2023 | 9.87 | - | - | - | - |
| 03/22/2023 | 9.90 | - | - | - | - |
| 03/21/2023 | 9.93 | - | - | - | - |
| 03/20/2023 | 9.83 | - | - | - | - |
| 03/17/2023 | 9.78 | - | - | - | - |
| 03/16/2023 | 9.86 | - | - | - | - |
| 03/15/2023 | 9.84 | - | - | - | - |
| 03/14/2023 | 9.96 | - | - | - | - |
| 03/13/2023 | 9.95 | - | - | - | - |
| 03/10/2023 | 10.05 | - | - | - | - |
| 03/09/2023 | 10.11 | - | - | - | - |
| 03/08/2023 | 10.18 | - | - | - | - |
| 03/07/2023 | 10.15 | - | - | - | - |
| 03/06/2023 | 10.18 | - | - | - | - |
| 03/03/2023 | 10.21 | - | - | - | - |
| 03/02/2023 | 10.12 | - | - | - | - |
| 03/01/2023 | 10.08 | - | - | - | - |
| 02/28/2023 | 10.04 | - | - | - | - |
| 02/27/2023 | 10.05 | - | - | - | - |
| 02/24/2023 | 10.02 | 0.02 | - | 0.03 | 0.05 |
| 02/23/2023 | 10.09 | - | - | - | - |
| 02/22/2023 | 10.06 | - | - | - | - |
| 02/21/2023 | 10.05 | - | - | - | - |
| 02/17/2023 | 10.11 | - | - | - | - |
| 02/16/2023 | 10.09 | - | - | - | - |
| 02/15/2023 | 10.07 | - | - | - | - |
| 02/14/2023 | 10.08 | - | - | - | - |
| 02/13/2023 | 10.09 | - | - | - | - |
| 02/10/2023 | 10.03 | - | - | - | - |
| 02/09/2023 | 10.06 | - | - | - | - |
| 02/08/2023 | 10.09 | - | - | - | - |
| 02/07/2023 | 10.08 | - | - | - | - |
| 02/06/2023 | 10.05 | - | - | - | - |
| 02/03/2023 | 10.10 | - | - | - | - |
| 02/02/2023 | 10.10 | - | - | - | - |
| 02/01/2023 | 10.14 | - | - | - | - |
| 01/31/2023 | 10.11 | - | - | - | - |
| 01/30/2023 | 10.07 | - | - | - | - |
| 01/27/2023 | 10.09 | - | - | - | - |
| 01/26/2023 | 10.12 | - | - | - | - |
| 01/25/2023 | 10.09 | - | - | - | - |
| 01/24/2023 | 10.06 | - | - | - | - |
| 01/23/2023 | 10.05 | - | - | - | - |
| 01/20/2023 | 10.04 | 0.01 | - | 0.04 | 0.05 |
| 01/19/2023 | 10.10 | - | - | - | - |
| 01/18/2023 | 10.10 | - | - | - | - |
| 01/17/2023 | 10.10 | - | - | - | - |
| 01/16/2023 | 10.10 | - | - | - | - |
| 01/13/2023 | 10.08 | - | - | - | - |
| 01/12/2023 | 10.05 | - | - | - | - |
| 01/11/2023 | 9.98 | - | - | - | - |
| 01/10/2023 | 9.94 | - | - | - | - |
| 01/09/2023 | 9.89 | - | - | - | - |
| 01/06/2023 | 9.94 | - | - | - | - |
| 01/05/2023 | 9.85 | - | - | - | - |
| 01/04/2023 | 9.84 | - | - | - | - |
| 01/03/2023 | 9.84 | - | - | - | - |
| 12/30/2022 | 9.81 | 0.08 | 0.09 | - | 0.17 |
| 12/29/2022 | 10.01 | - | - | - | - |
| 12/28/2022 | 9.99 | - | - | - | - |
| 12/23/2022 | 10.08 | - | - | - | - |
| 12/22/2022 | 10.04 | - | - | - | - |
| 12/21/2022 | 10.09 | - | - | - | - |
| 12/20/2022 | 10.00 | - | - | - | - |
| 12/19/2022 | 9.99 | - | - | - | - |
| 12/16/2022 | 10.02 | - | - | - | - |
| 12/15/2022 | 10.04 | - | - | - | - |
| 12/14/2022 | 10.09 | - | - | - | - |
| 12/13/2022 | 10.11 | - | - | - | - |
| 12/12/2022 | 10.10 | - | - | - | - |
| 12/09/2022 | 10.07 | - | - | - | - |
| 12/08/2022 | 10.09 | - | - | - | - |
| 12/07/2022 | 10.11 | - | - | - | - |
| 12/06/2022 | 10.10 | - | - | - | - |
| 12/05/2022 | 10.13 | - | - | - | - |
| 12/02/2022 | 10.17 | - | - | - | - |
| 12/01/2022 | 10.14 | - | - | - | - |
| 11/30/2022 | 10.13 | - | - | - | - |
| 11/29/2022 | 10.11 | - | - | - | - |
| 11/28/2022 | 10.05 | - | - | - | - |
| 11/25/2022 | 10.09 | 0.02 | - | 0.03 | 0.05 |
| 11/24/2022 | 10.10 | - | - | - | - |
| 11/23/2022 | 10.10 | - | - | - | - |
| 11/22/2022 | 10.11 | - | - | - | - |
| 11/21/2022 | 10.05 | - | - | - | - |
| 11/18/2022 | 10.01 | - | - | - | - |
| 11/17/2022 | 9.97 | - | - | - | - |
| 11/16/2022 | 9.96 | - | - | - | - |
| 11/15/2022 | 9.97 | - | - | - | - |
| 11/14/2022 | 9.94 | - | - | - | - |
| 11/11/2022 | 9.94 | - | - | - | - |
| 11/10/2022 | 9.97 | - | - | - | - |
| 11/09/2022 | 9.84 | - | - | - | - |
| 11/08/2022 | 9.91 | - | - | - | - |
| 11/07/2022 | 9.90 | - | - | - | - |
| 11/04/2022 | 9.87 | - | - | - | - |
| 11/03/2022 | 9.87 | - | - | - | - |
| 11/02/2022 | 9.88 | - | - | - | - |
| 11/01/2022 | 9.93 | - | - | - | - |
| 10/31/2022 | 9.90 | - | - | - | - |
| 10/28/2022 | 9.93 | - | - | - | - |
| 10/27/2022 | 9.80 | - | - | - | - |
| 10/26/2022 | 9.79 | - | - | - | - |
| 10/25/2022 | 9.74 | - | - | - | - |
| 10/24/2022 | 9.71 | - | - | - | - |
| 10/21/2022 | 9.64 | 0.04 | - | 0.01 | 0.05 |
| 10/20/2022 | 9.60 | - | - | - | - |
| 10/19/2022 | 9.64 | - | - | - | - |
| 10/18/2022 | 9.67 | - | - | - | - |
| 10/17/2022 | 9.60 | - | - | - | - |
| 10/14/2022 | 9.56 | - | - | - | - |
| 10/13/2022 | 9.60 | - | - | - | - |
| 10/12/2022 | 9.49 | - | - | - | - |
| 10/11/2022 | 9.49 | - | - | - | - |
| 10/07/2022 | 9.49 | - | - | - | - |
| 10/06/2022 | 9.58 | - | - | - | - |
| 10/05/2022 | 9.61 | - | - | - | - |
| 10/04/2022 | 9.59 | - | - | - | - |
| 10/03/2022 | 9.46 | - | - | - | - |
| 09/30/2022 | 9.35 | - | - | - | - |
| 09/29/2022 | 9.36 | - | - | - | - |
| 09/28/2022 | 9.42 | - | - | - | - |
| 09/27/2022 | 9.33 | - | - | - | - |
| 09/26/2022 | 9.34 | - | - | - | - |
| 09/23/2022 | 9.38 | 0.01 | - | 0.04 | 0.05 |
| 09/22/2022 | 9.54 | - | - | - | - |
| 09/21/2022 | 9.57 | - | - | - | - |
| 09/20/2022 | 9.60 | - | - | - | - |
| 09/19/2022 | 9.63 | - | - | - | - |
| 09/16/2022 | 9.58 | - | - | - | - |
| 09/15/2022 | 9.58 | - | - | - | - |
| 09/14/2022 | 9.61 | - | - | - | - |
| 09/13/2022 | 9.61 | - | - | - | - |
| 09/12/2022 | 9.72 | - | - | - | - |
| 09/09/2022 | 9.68 | - | - | - | - |
| 09/08/2022 | 9.61 | - | - | - | - |
| 09/07/2022 | 9.60 | - | - | - | - |
| 09/06/2022 | 9.56 | - | - | - | - |
| 09/02/2022 | 9.60 | - | - | - | - |
| 09/01/2022 | 9.60 | - | - | - | - |
| 08/31/2022 | 9.61 | - | - | - | - |
| 08/30/2022 | 9.66 | - | - | - | - |
| 08/29/2022 | 9.72 | - | - | - | - |
| 08/26/2022 | 9.73 | 0.02 | - | 0.03 | 0.05 |
| 08/25/2022 | 9.86 | - | - | - | - |
| 08/24/2022 | 9.80 | - | - | - | - |
| 08/23/2022 | 9.79 | - | - | - | - |
| 08/22/2022 | 9.83 | - | - | - | - |
| 08/19/2022 | 9.88 | - | - | - | - |
| 08/18/2022 | 9.89 | - | - | - | - |
| 08/17/2022 | 9.85 | - | - | - | - |
| 08/16/2022 | 9.84 | - | - | - | - |
| 08/15/2022 | 9.86 | - | - | - | - |
| 08/12/2022 | 9.79 | - | - | - | - |
| 08/11/2022 | 9.72 | - | - | - | - |
| 08/10/2022 | 9.68 | - | - | - | - |
| 08/09/2022 | 9.65 | - | - | - | - |
| 08/08/2022 | 9.62 | - | - | - | - |
| 08/05/2022 | 9.65 | - | - | - | - |
| 08/04/2022 | 9.61 | - | - | - | - |
| 08/03/2022 | 9.64 | - | - | - | - |
| 08/02/2022 | 9.66 | - | - | - | - |
| 07/29/2022 | 9.71 | - | - | - | - |
| 07/28/2022 | 9.66 | - | - | - | - |
| 07/27/2022 | 9.58 | - | - | - | - |
| 07/26/2022 | 9.54 | - | - | - | - |
| 07/25/2022 | 9.54 | - | - | - | - |
| 07/22/2022 | 9.52 | 0.03 | - | 0.02 | 0.05 |
| 07/21/2022 | 9.57 | - | - | - | - |
| 07/20/2022 | 9.56 | - | - | - | - |
| 07/19/2022 | 9.56 | - | - | - | - |
| 07/18/2022 | 9.49 | - | - | - | - |
| 07/15/2022 | 9.52 | - | - | - | - |
| 07/14/2022 | 9.47 | - | - | - | - |
| 07/13/2022 | 9.47 | - | - | - | - |
| 07/12/2022 | 9.50 | - | - | - | - |
| 07/11/2022 | 9.53 | - | - | - | - |
| 07/08/2022 | 9.54 | - | - | - | - |
| 07/07/2022 | 9.57 | - | - | - | - |
| 07/06/2022 | 9.50 | - | - | - | - |
| 07/05/2022 | 9.55 | - | - | - | - |
| 07/04/2022 | 9.57 | - | - | - | - |
| 06/30/2022 | 9.51 | - | - | - | - |
| 06/29/2022 | 9.54 | - | - | - | - |
| 06/28/2022 | 9.56 | - | - | - | - |
| 06/27/2022 | 9.60 | - | - | - | - |
| 06/24/2022 | 9.57 | 0.03 | - | 0.02 | 0.05 |
| 06/23/2022 | 9.51 | - | - | - | - |
| 06/22/2022 | 9.50 | - | - | - | - |
| 06/21/2022 | 9.56 | - | - | - | - |
| 06/20/2022 | 9.49 | - | - | - | - |
| 06/17/2022 | 9.48 | - | - | - | - |
| 06/16/2022 | 9.49 | - | - | - | - |
| 06/15/2022 | 9.66 | - | - | - | - |
| 06/14/2022 | 9.65 | - | - | - | - |
| 06/13/2022 | 9.66 | - | - | - | - |
| 06/10/2022 | 9.85 | - | - | - | - |
| 06/09/2022 | 9.95 | - | - | - | - |
| 06/08/2022 | 9.98 | - | - | - | - |
| 06/07/2022 | 10.05 | - | - | - | - |
| 06/06/2022 | 10.02 | - | - | - | - |
| 06/03/2022 | 10.02 | - | - | - | - |
| 06/02/2022 | 10.07 | - | - | - | - |
| 06/01/2022 | 10.05 | - | - | - | - |
| 05/31/2022 | 10.08 | - | - | - | - |
| 05/30/2022 | 10.16 | - | - | - | - |
| 05/27/2022 | 10.17 | 0.04 | - | 0.01 | 0.05 |
| 05/26/2022 | 10.17 | - | - | - | - |
| 05/25/2022 | 10.10 | - | - | - | - |
| 05/24/2022 | 10.01 | - | - | - | - |
| 05/20/2022 | 9.91 | - | - | - | - |
| 05/19/2022 | 9.87 | - | - | - | - |
| 05/18/2022 | 9.94 | - | - | - | - |
| 05/17/2022 | 10.09 | - | - | - | - |
| 05/16/2022 | 10.01 | - | - | - | - |
| 05/13/2022 | 9.99 | - | - | - | - |
| 05/12/2022 | 9.94 | - | - | - | - |
| 05/11/2022 | 9.92 | - | - | - | - |
| 05/10/2022 | 9.99 | - | - | - | - |
| 05/09/2022 | 10.00 | - | - | - | - |
| 05/06/2022 | 10.07 | - | - | - | - |
| 05/05/2022 | 10.06 | - | - | - | - |
| 05/04/2022 | 10.17 | - | - | - | - |
| 05/03/2022 | 10.06 | - | - | - | - |
| 05/02/2022 | 10.00 | - | - | - | - |
| 04/29/2022 | 9.99 | - | - | - | - |
| 04/28/2022 | 10.13 | - | - | - | - |
| 04/27/2022 | 10.03 | - | - | - | - |
| 04/26/2022 | 10.01 | - | - | - | - |
| 04/25/2022 | 10.06 | - | - | - | - |
| 04/22/2022 | 10.07 | 0.05 | - | - | 0.05 |
| 04/21/2022 | 10.21 | - | - | - | - |
| 04/20/2022 | 10.25 | - | - | - | - |
| 04/19/2022 | 10.26 | - | - | - | - |
| 04/18/2022 | 10.19 | - | - | - | - |
| 04/14/2022 | 10.18 | - | - | - | - |
| 04/13/2022 | 10.18 | - | - | - | - |
| 04/12/2022 | 10.16 | - | - | - | - |
| 04/11/2022 | 10.15 | - | - | - | - |
| 04/08/2022 | 10.17 | - | - | - | - |
| 04/07/2022 | 10.13 | - | - | - | - |
| 04/06/2022 | 10.08 | - | - | - | - |
| 04/05/2022 | 10.07 | - | - | - | - |
| 04/04/2022 | 10.11 | - | - | - | - |
| 04/01/2022 | 10.11 | - | - | - | - |
| 03/31/2022 | 10.08 | - | - | - | - |
| 03/30/2022 | 10.14 | - | - | - | - |
| 03/29/2022 | 10.15 | - | - | - | - |
| 03/28/2022 | 10.11 | - | - | - | - |
| 03/25/2022 | 10.09 | 0.01 | - | 0.04 | 0.05 |
| 03/24/2022 | 10.12 | - | - | - | - |
| 03/23/2022 | 10.10 | - | - | - | - |
| 03/22/2022 | 10.16 | - | - | - | - |
| 03/21/2022 | 10.14 | - | - | - | - |
| 03/18/2022 | 10.14 | - | - | - | - |
| 03/17/2022 | 10.14 | - | - | - | - |
| 03/16/2022 | 10.07 | - | - | - | - |
| 03/15/2022 | 10.02 | - | - | - | - |
| 03/14/2022 | 10.01 | - | - | - | - |
| 03/11/2022 | 10.04 | - | - | - | - |
| 03/10/2022 | 10.06 | - | - | - | - |
| 03/09/2022 | 10.06 | - | - | - | - |
| 03/08/2022 | 9.98 | - | - | - | - |
| 03/07/2022 | 9.99 | - | - | - | - |
| 03/04/2022 | 10.04 | - | - | - | - |
| 03/03/2022 | 10.02 | - | - | - | - |
| 03/02/2022 | 9.98 | - | - | - | - |
| 03/01/2022 | 9.91 | - | - | - | - |
| 02/28/2022 | 9.95 | - | - | - | - |
| 02/25/2022 | 9.98 | 0.02 | - | 0.03 | 0.05 |
| 02/24/2022 | 9.89 | - | - | - | - |
| 02/23/2022 | 9.87 | - | - | - | - |
| 02/22/2022 | 9.95 | - | - | - | - |
| 02/18/2022 | 10.00 | - | - | - | - |
| 02/17/2022 | 10.03 | - | - | - | - |
| 02/16/2022 | 10.10 | - | - | - | - |
| 02/15/2022 | 10.09 | - | - | - | - |
| 02/14/2022 | 10.03 | - | - | - | - |
| 02/11/2022 | 10.09 | - | - | - | - |
| 02/10/2022 | 10.10 | - | - | - | - |
| 02/09/2022 | 10.18 | - | - | - | - |
| 02/08/2022 | 10.14 | - | - | - | - |
| 02/07/2022 | 10.09 | - | - | - | - |
| 02/04/2022 | 10.13 | - | - | - | - |
| 02/03/2022 | 10.10 | - | - | - | - |
| 02/02/2022 | 10.16 | - | - | - | - |
| 02/01/2022 | 10.13 | - | - | - | - |
| 01/31/2022 | 10.06 | - | - | - | - |
| 01/28/2022 | 10.04 | - | - | - | - |
| 01/27/2022 | 9.96 | - | - | - | - |
| 01/26/2022 | 9.92 | - | - | - | - |
| 01/25/2022 | 9.92 | - | - | - | - |
| 01/24/2022 | 9.90 | - | - | - | - |
| 01/21/2022 | 9.88 | - | - | 0.05 | 0.05 |
| 01/20/2022 | 10.00 | - | - | - | - |
| 01/19/2022 | 10.06 | - | - | - | - |
| 01/18/2022 | 10.13 | - | - | - | - |
| 01/17/2022 | 10.23 | - | - | - | - |
| 01/14/2022 | 10.22 | - | - | - | - |
| 01/13/2022 | 10.20 | - | - | - | - |
| 01/12/2022 | 10.23 | - | - | - | - |
| 01/11/2022 | 10.24 | - | - | - | - |
| 01/10/2022 | 10.22 | - | - | - | - |
| 01/07/2022 | 10.21 | - | - | - | - |
| 01/06/2022 | 10.22 | - | - | - | - |
| 01/05/2022 | 10.19 | - | - | - | - |
| 01/04/2022 | 10.24 | - | - | - | - |
| 12/31/2021 | 10.15 | 0.06 | 0.04 | - | 0.10 |
| 12/30/2021 | 10.31 | - | - | - | - |
| 12/29/2021 | 10.35 | - | - | - | - |
| 12/24/2021 | 10.27 | - | - | - | - |
| 12/23/2021 | 10.26 | - | - | - | - |
| 12/22/2021 | 10.26 | - | - | - | - |
| 12/21/2021 | 10.24 | - | - | - | - |
| 12/20/2021 | 10.16 | - | - | - | - |
| 12/17/2021 | 10.22 | - | - | - | - |
| 12/16/2021 | 10.24 | - | - | - | - |
| 12/15/2021 | 10.25 | - | - | - | - |
| 12/14/2021 | 10.18 | - | - | - | - |
| 12/13/2021 | 10.16 | - | - | - | - |
| 12/10/2021 | 10.17 | - | - | - | - |
| 12/09/2021 | 10.10 | - | - | - | - |
| 12/08/2021 | 10.11 | - | - | - | - |
| 12/07/2021 | 10.10 | - | - | - | - |
| 12/06/2021 | 10.10 | - | - | - | - |
| 12/03/2021 | 10.08 | - | - | - | - |
| 12/02/2021 | 10.09 | - | - | - | - |
| 12/01/2021 | 10.00 | - | - | - | - |
| 11/30/2021 | 10.02 | - | - | - | - |
| 11/29/2021 | 10.18 | - | - | - | - |
| 11/26/2021 | 10.17 | 0.02 | - | 0.03 | 0.05 |
| 11/25/2021 | 10.30 | - | - | - | - |
| 11/24/2021 | 10.30 | - | - | - | - |
| 11/23/2021 | 10.31 | - | - | - | - |
| 11/22/2021 | 10.28 | - | - | - | - |
| 11/19/2021 | 10.23 | - | - | - | - |
| 11/18/2021 | 10.28 | - | - | - | - |
| 11/17/2021 | 10.29 | - | - | - | - |
| 11/16/2021 | 10.30 | - | - | - | - |
| 11/15/2021 | 10.28 | - | - | - | - |
| 11/12/2021 | 10.30 | - | - | - | - |
| 11/11/2021 | 10.32 | - | - | - | - |
| 11/10/2021 | 10.24 | - | - | - | - |
| 11/09/2021 | 10.24 | - | - | - | - |
| 11/08/2021 | 10.25 | - | - | - | - |
| 11/05/2021 | 10.22 | - | - | - | - |
| 11/04/2021 | 10.15 | - | - | - | - |
| 11/03/2021 | 10.13 | - | - | - | - |
| 11/02/2021 | 10.10 | - | - | - | - |
| 11/01/2021 | 10.08 | - | - | - | - |
| 10/29/2021 | 10.02 | - | - | - | - |
| 10/28/2021 | 10.03 | - | - | - | - |
| 10/27/2021 | 9.98 | - | - | - | - |
| 10/26/2021 | 10.08 | - | - | - | - |
| 10/25/2021 | 10.09 | - | - | - | - |
| 10/22/2021 | 10.06 | 0.04 | - | 0.01 | 0.05 |
| 10/21/2021 | 10.11 | - | - | - | - |
| 10/20/2021 | 10.14 | - | - | - | - |
| 10/19/2021 | 10.13 | - | - | - | - |
| 10/18/2021 | 10.10 | - | - | - | - |
| 10/15/2021 | 10.10 | - | - | - | - |
| 10/14/2021 | 10.09 | - | - | - | - |
| 10/13/2021 | 10.04 | - | - | - | - |
| 10/12/2021 | 10.04 | - | - | - | - |
| 10/08/2021 | 10.08 | - | - | - | - |
| 10/07/2021 | 10.12 | - | - | - | - |
| 10/06/2021 | 10.07 | - | - | - | - |
| 10/05/2021 | 10.10 | - | - | - | - |
| 10/04/2021 | 10.03 | - | - | - | - |
| 10/01/2021 | 10.07 | - | - | - | - |
| 09/30/2021 | 10.01 | - | - | - | - |
| 09/29/2021 | 10.14 | - | - | - | - |
| 09/28/2021 | 10.09 | - | - | - | - |
| 09/27/2021 | 10.15 | - | - | - | - |
| 09/24/2021 | 10.11 | 0.01 | - | 0.04 | 0.05 |
| 09/23/2021 | 10.16 | - | - | - | - |
| 09/22/2021 | 10.12 | - | - | - | - |
| 09/21/2021 | 10.08 | - | - | - | - |
| 09/20/2021 | 10.07 | - | - | - | - |
| 09/17/2021 | 10.13 | - | - | - | - |
| 09/16/2021 | 10.16 | - | - | - | - |
| 09/15/2021 | 10.18 | - | - | - | - |
| 09/14/2021 | 10.15 | - | - | - | - |
| 09/13/2021 | 10.20 | - | - | - | - |
| 09/10/2021 | 10.19 | - | - | - | - |
| 09/09/2021 | 10.21 | - | - | - | - |
| 09/08/2021 | 10.24 | - | - | - | - |
| 09/07/2021 | 10.24 | - | - | - | - |
| 09/03/2021 | 10.24 | - | - | - | - |
| 09/02/2021 | 10.25 | - | - | - | - |
| 09/01/2021 | 10.23 | - | - | - | - |
| 08/31/2021 | 10.23 | - | - | - | - |
| 08/30/2021 | 10.23 | - | - | - | - |
| 08/27/2021 | 10.24 | - | - | - | - |
| 08/26/2021 | 10.20 | - | - | - | - |
| 08/25/2021 | 10.19 | - | - | - | - |
| 08/24/2021 | 10.18 | - | - | - | - |
| 08/23/2021 | 10.20 | - | - | - | - |
| 08/20/2021 | 10.23 | 0.01 | - | 0.04 | 0.05 |
| 08/19/2021 | 10.24 | - | - | - | - |
| 08/18/2021 | 10.19 | - | - | - | - |
| 08/17/2021 | 10.25 | - | - | - | - |
| 08/16/2021 | 10.26 | - | - | - | - |
| 08/13/2021 | 10.23 | - | - | - | - |
| 08/12/2021 | 10.22 | - | - | - | - |
| 08/11/2021 | 10.21 | - | - | - | - |
| 08/10/2021 | 10.21 | - | - | - | - |
| 08/09/2021 | 10.16 | - | - | - | - |
| 08/06/2021 | 10.15 | - | - | - | - |
| 08/05/2021 | 10.09 | - | - | - | - |
| 08/04/2021 | 10.12 | - | - | - | - |
| 08/03/2021 | 10.20 | - | - | - | - |
| 07/30/2021 | 10.09 | - | - | - | - |
| 07/29/2021 | 10.10 | - | - | - | - |
| 07/28/2021 | 10.09 | - | - | - | - |
| 07/27/2021 | 10.11 | - | - | - | - |
| 07/26/2021 | 10.09 | - | - | - | - |
| 07/23/2021 | 10.09 | 0.01 | - | 0.04 | 0.05 |
| 07/22/2021 | 10.11 | - | - | - | - |
| 07/21/2021 | 10.14 | - | - | - | - |
| 07/20/2021 | 10.13 | - | - | - | - |
| 07/19/2021 | 10.07 | - | - | - | - |
| 07/16/2021 | 10.13 | - | - | - | - |
| 07/15/2021 | 10.19 | - | - | - | - |
| 07/14/2021 | 10.15 | - | - | - | - |
| 07/13/2021 | 10.17 | - | - | - | - |
| 07/12/2021 | 10.18 | - | - | - | - |
| 07/09/2021 | 10.16 | - | - | - | - |
| 07/08/2021 | 10.10 | - | - | - | - |
| 07/07/2021 | 10.14 | - | - | - | - |
| 07/06/2021 | 10.10 | - | - | - | - |
| 07/05/2021 | 10.10 | - | - | - | - |
| 07/02/2021 | 10.10 | - | - | - | - |
| 06/30/2021 | 10.07 | - | - | - | - |
| 06/29/2021 | 10.01 | - | - | - | - |
| 06/28/2021 | 9.99 | - | - | - | - |
| 06/25/2021 | 10.02 | - | - | - | - |
| 06/24/2021 | 10.00 | - | - | - | - |
| 06/23/2021 | 10.00 | - | - | - | - |
Commentary
Q2 2025 Fund Commentary
Market Commentary
Global equities rose over the second quarter of 2025 and outperformed global bonds, which posted a small gain (all returns in Canadian-dollar terms on a total return basis). The U.S. paused higher tariffs as it worked on trade deals. Late in the quarter, the U.S. and China reached a framework for a trade deal.
The U.S. equity market gained, with strong performance from the information technology sector. Canadian equities increased and outperformed U.S. equities. Information technology was the strongest-performing sector in the Canadian equity market. EAFE equities advanced, outperforming U.S. equities but underperforming Canadian equities.
Italy and Spain contributed to the performance of EAFE equities. Emerging markets equities also gained and outperformed their developed market peers, with Taiwan and India contributing to performance.
The FTSE Canada Universe Bond Index posted a total loss of 0.6% over the quarter. As government yields moved higher, government bond prices declined. Government bonds underperformed corporate bonds, which posted a small gain.
Corporate bond prices benefited from narrowing credit spreads (the difference in yield between corporate and government bonds). Real estate bonds posted the largest increase in the corporate sector. High-yield bond prices rose on a total return basis and outperformed investment-grade corporate bonds.
Global bond yields declined over the quarter, and global bond prices increased. The European Central Bank and the Bank of England lowered their policy interest rates. The Bank of Canada, the U.S. Federal Reserve Board and the Bank of Japan held interest rates steady.
The yield on 10-year Government of Canada bonds rose from 2.97% to 3.27%, while government yields in the U.S. were largely unchanged. Government yields in the U.K., Germany and Japan declined.
Performance
The Fund’s relative exposure to Canadian Tire Corp. Ltd. and Booking Holdings Inc. was positive for performance. Relative exposure to Verizon Communications Inc. was negative for performance. Lack of exposure to Caterpillar Inc. and Texas Instruments Inc. was also negative.
At the sector level, stock selection in consumer discretionary was positive for the Fund’s performance. Stock selection in information technology and relative exposure to industrials was negative for performance.
At a regional level, stock selection in Canada and the U.S. was positive for performance. Overweight exposure to Canada and underweight exposure to the U.S. also had a positive impact.
Portfolio Activity
The sub-advisor added Metro Inc. and AT&T Inc. to the Fund. Existing holdings in Empire Co. Ltd. and Salesforce Inc. were increased.
Holdings in Royal Bank of Canada and The Western Union Co. were reduced.
Disclaimer
The commentaries on the company specific information and purchases and sales were provided by the fund manager. Canada Life Investment Management Ltd. will not be liable for any loss, or damages whatsoever, whether directly or indirectly incurred, arising out of the use or misuse of errors or omissions in any information contained in this commentary. The data provided in this commentary is for information purposes only and, except where otherwise indicated, is current as of June 30, 2025.
The views expressed in this commentary are those of fund manager as at the date of publication and are subject to change without notice. This commentary is presented only as a general source of information and is not intended as a solicitation to buy or sell specific investments, nor is it intended to provide tax or legal advice. Prospective investors should review the offering documents relating to any investment carefully before making an investment decision and should ask their Advisor for advice based on their specific circumstances.
The content of this commentary (including facts, views, opinions, recommendations, descriptions of or references to, products or securities) is not to be used or construed as investment advice, as an offer to sell or the solicitation of an offer to buy, or an endorsement, recommendation or sponsorship of any entity or security cited. Although we endeavour to ensure its accuracy and completeness, we assume no responsibility for any reliance upon it.
This document may contain forward-looking information which reflect our or third-party current expectations or forecasts of future events. Forward-looking information is inherently subject to, among other things, risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed herein. These risks, uncertainties and assumptions include, without limitation, general economic, political and market factors, interest and foreign exchange rates, the volatility of equity and capital markets, business competition, technological change, changes in government regulations, changes in tax laws, unexpected judicial or regulatory proceedings and catastrophic events. Please consider these and other factors carefully and not place undue reliance on forward-looking information. The forward-looking information contained herein is current only as of June 30, 2025. There should be no expectation that such information will in all circumstances be updated, supplemented or revised whether as a result of new information, changing circumstances, future events or otherwise.
There can be no assurance that the Fund’s return or volatility targets will be met, or met over any particular time horizon. Targeted returns and volatility should be evaluated over the time period indicated and not over shorter periods. Targeted returns are not actual performance and should not be relied upon as an indication of actual or future performance.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Counsel Portfolios are managed by Canada Life Investment Management Ltd. Counsel Portfolios are distributed by Quadrus Investment Services Ltd., IPC Investment Corporation, and IPC Securities Corporation, and may also be available through other authorized dealers in Canada.
