"A defensive positioning that focuses on companies with high free cash flow and stable businesses will serve clients well, particularly during the first half of 2023." — Dan Bastasic
Key Takeaways:
- The Strategic Income Fund is defensively positioned for the first half of 2023
- Increased allocation to fixed income and cash; high yield over equity
- Exceptional performance relative to peers over the past decade – outperforming 9 out of the last 11 calendar years and 23 out of the last 24 1-year periods
| Warning, documents for advisor use only: The difference between the performances of the mutual fund and the segregated fund are primarily due to the management fees. |
Dan Bastasic
Senior VP, Investments, iAIM
Disclaimer
The information provided herein does not constitute financial, tax or legal advice. Investors should always consult with a qualified advisor prior to making any investment decision. Commentaries are provided by the portfolio manager responsible for the management of the fund's investment portfolio, as specified in the Information Folder and Fund Facts documents ("portfolio manager"). Statements by the portfolio manager represent their professional opinion, do not necessarily reflect the views of iA Financial Group, and should not be relied upon for any other purpose. Information presented should not be considered a recommendation to buy or sell a particular security. Specific securities discussed are for illustrative purposes only. Fund managers may purchase and sell securities at any time and securities held by a fund may increase or decrease in value. The differences in performance between the mutual fund presented in these comments and the segregated fund are primarily due to differences in management fees. Performance quoted represents past performance. Past performance is not a guarantee or a reliable indicator of future results and may not be repeated. Unless otherwise stated, the source for information provided is the portfolio manager. Statements that pertain to the future represent the portfolio manager's current view regarding future events. Actual future events may differ. iA Financial Group does not undertake any obligation to update the information provided herein. The information presented herein may not encompass all the terms, conditions and risks of investing in segregated funds. Please read the Information Folder and Fund Facts documents for a more detailed discussion on specific risks of investing in segregated funds.
Commissions, trailing commissions, management fees and expenses all may be associated with segregated fund investments. Please read the Information Folder and Fund Facts documents before investing. Although segregated funds offer guarantees, their values change frequently, and past performance may not be repeated. Trademarks displayed herein that are not owned by Industrial Alliance Insurance and Financial Services Inc. are the property of and trademarked by the corresponding company and are used for illustrative purposes only.
iA Financial Group is a business name and trademark of Industrial Alliance Insurance and Financial Services Inc.
