Here are the characteristics of the Canadian Specialty Income sectors.
Not typical income-oriented investments.
Investments range from dividend-paying common or preferred shares as well as other more volatile investments.
Generate high level of income as well as opportunities for capital appreciation.
May diversify into higher yielding instruments.
Usually result in higher exposure to credit risk.
BIGAR Broad Market Composite Index
Scotia Capital High Yield Index
Use with core funds.
As compared to the benchmark, allows concentration of investments with desired maturities and issuers.
Higher investment risk and volatility are associated with the higher return potential of investments in this category.
Canadian Specialty Equity Sectors
Foreign Specialty Equity Sectors
Foreign Specialty Income Sectors