Investor suitability

For those who:

  • are preparing for retirement, are retired, and/or want predictable and sustainable cash flow for a 20 year period commencing in approximately 5 years
  • want preservation of capital and predictable and consistent cash flow by staying invested until the Anniversary Date (as such term is defined in the fund’s simplified prospectus) and throughout the fund’s defined Distribution Phase (as such term is defined in the fund’s simplified prospectus), with the potential for capital appreciation over a set period of time
  • are investing for the long term
  • can tolerate low to medium risk if your investment is redeemed prior to the Anniversary Date.

Fund overview

The fund seeks to provide unitholders with guaranteed, sustainable cash flow throughout their retirement years while providing opportunity for capital appreciation. During the initial 5 year accumulation phase and the 20 year distribution phase, the fund will invest in units of underlying funds, exchange traded funds, cash equivalents as well as derivative instruments in the risk management overlay strategy (Active Portfolio). If the fund assets shift to the Protection portfolio, the fund will invest in fixed income securities issued by the Canadian federal and/or provincial governments and cash equivalents. A shift of all fund assets into the Protection Portfolio would only occur as a result of a significant decline in interest rates, fund performance, or both during the term of the fund.

Fund facts (2020-01-31)

Inception date


Asset class

Tactical Balanced

Income distribution


Issue Period

July 2, 2013 to September 30, 2013

Accumulation Phase

October 1, 2013 to September 30, 2018

Distribution Phase

October 1, 2018 to September 30, 2038

Target End Date

October 1, 2038

Minimum investment

$500 initial / $25 additional

Growth of $10,000