Strathbridge Asset Management
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

Core Canadian Dividend Trust

 

CDD.UN

Portfolio

Monthly Portfolio List as of August 30, 2019

The following securities were included in the portfolio as at the end of the respective month. For further information on each security please click on the security name.

AGF MANAGEMENT LTD-CLASS B
BANK OF NOVA SCOTIA
BCE INC
CAN IMPERIAL BK OF COMMERCE
CGI INC
MANULIFE FINANCIAL CORP
RESTAURANT BRANDS INTERNATIONAL
RUSSEL METALS INC
TECK RESOURCES LTD-CLS B
TORONTO-DOMINION BANK
BANK OF MONTREAL
BARRICK GOLD CORP
BROOKFIELD ASSET MANAGE-CL A
CANADIAN UTILITIES LTD-A
ENBRIDGE INC
NATIONAL BANK OF CANADA
ROYAL BANK OF CANADA
TC ENERGY CORP
THOMSON REUTERS CORP
WASTE CONNECTIONS INC

Option Strategy

The Fund employs Strathbridge’s proprietary SSO option strategy to generate additional returns above the distributions earned on its equity securities.

Click here for a detailed review of the Strathbridge Selective Overwriting (“SSO”) strategy.

Call & Put Options Summary Statistics

The following table provides summary statistics for the level of covered call writing and level of Put buying Year-to-Date for the most recently completed calendar quarter compared to the Prior Fiscal Year ended.

  YTD June 2018
  Average for
the Period
Closing
Percent
Average for
the Period
Closing
Percent
Percent of portfolio subject to covered calls 18.8% 17.0% 9.1% 18.6%
Percent of portfolio hedged with put options 0.9% 5.0% 0.0% 0.0%

Quarterly Portfolio Summary

The quarterly portfolio updates include the top holdings including cash and the percentage for each holding as well as sector or geographic composition.

Top 21 Holdings as of June 30, 2019

Sector Allocations
Holding Name % of NAV
Cash      7.1%
Manulife Financial Corporation      6.8%
Royal Bank of Canada      6.1%
BCE Inc.      5.9%
The Toronto-Dominion Bank      5.8%
Barrick Gold Corporation      5.1%
Brookfield Asset Management Inc.      5.1%
Canadian Utilities Limited      5.1%
Thomson Reuters Corporation      4.9%
Teck Resources Limited - Class B      4.9%
CGI Inc.      4.8%
TC Energy Corporation      4.7%
AGF Management Limited - Class B      4.6%
The Bank of Nova Scotia      4.3%
Waste Connections, Inc.      4.3%
Enbridge Inc.      4.0%
National Bank of Canada      4.0%
Canadian Imperial Bank of Commerce      3.9%
Bank of Montreal      3.7%
Russel Metals Inc.      2.9%
Restaurant Brands International Inc.      2.8%

 

 

© 2019 Strathbridge Asset Management Inc.         Privacy     |    Legal     |    Trade Matching Statement