Strathbridge Asset Management
Blog FAQ Advisor Login Print
Home Funds Insights About Us Education & Tools Contact Us   Search
Fund Overview
Fund Features
NAVs
Distributions
Portfolio Manager Updates
Portfolio
Press Releases
Administration Governance
Financial Regulatory
Prospectus

Low Volatility U.S. Equity Income Fund

 

LVU.UN

Fact SheetFact SheetFund UpdateFund Update

Fund Overview

Overview

The Fund is a closed-end investment trust that invests in U.S. equities selected from the S&P 100 Index, with a beta of less than 1.0 and utilizes Strathbridge’s proprietary SSO covered call writing strategy to enhance the income generated by the portfolio and to reduce volatility.

Rationale

The portfolio is expected to benefit from exposure to U.S. domiciled large capitalization multinational corporations, broad industry diversification relative to the TSX and exhibit lower portfolio volatility relative to the S&P 100. The Fund is appropriate for those investors looking for conservative exposure to U.S. equities while earning attractive distributions and utilizing Strathbridge’s proprietary SSO covered call writing strategy to enhance the income generated by the portfolio and to reduce volatility.

Distributions

Distributions are calculated and paid monthly based on 5.0% per annum of the net asset value of the Fund. All distributions will be paid in Canadian dollars.

Portfolio

The Portfolio will generally consist of 20 to 30 equity securities of issuers selected from the S&P 100 Index, a subset of the S&P 500 Index containing the largest issuers by market capitalization, and which have a beta of less than 1.0.

Top 10 Holdings as of June 30, 2017
Holding Name % of NAV
CASH      5.9%
AMAZON.COM, INC.      5.2%
AMERICAN EXPRESS COMPANY      5.0%
GENERAL DYNAMICS CORPORATION      5.0%
THE ALLSTATE CORPORATION      4.9%
UNITED TECHNOLOGIES CORPORATION      4.9%
BERKSHIRE HATHAWAY INC.      4.9%
LOCKHEED MARTIN CORPORATION      4.8%
UNITEDHEALTH GROUP INCORPORATED      4.3%
ABBVIE INC.      4.2%
Sector Allocations

 

 

 Pricing
As of 08/15/2017
Current NAV for LVU.UN: $10.49
Market Price: $10.38
Last Traded: 07/25/2017 9:39am
View Historical NAV  
 Quick Facts
Inception Date: 03/13/2013
Total Assets As of 06/30/2017: $6.76 mm
Management Fee: 1%
Service Fee: 0.4%
 Distributions & Tax
Current Distributions for LVU.UN: $0.05
Current Yield: 5.58%
View Historical Distributions  
 News
8/2/2017
LVU: Declares Monthly Fund Distributions
7/5/2017
LVU: Declares Monthly Fund Distributions
5/29/2017
LVU: Declares Monthly Fund Distribution
5/2/2017
LVU: Declares Monthly Fund Distribution
4/4/2017
LVU: Declares Monthly Fund Distribution
View More News
© 2017 Strathbridge Asset Management Inc.         Privacy     |    Legal     |    Trade Matching Statement