Global Telecom & Utilities Income Fund

Historical Distributions

2020

Record DateDistributions
2020-06-300.060
2020-05-290.065
2020-04-300.060
2020-03-310.060
2020-02-280.060
2020-01-310.060

2019

Record DateDistributions
2019-12-310.060
2019-11-290.060
2019-10-310.060
2019-09-300.060
2019-08-300.060
2019-07-310.060
2019-06-280.060
2019-05-310.060
2019-04-300.060
2019-03-290.060
2019-02-280.060
2019-01-310.060

2018

Record DateDistributions
2018-12-310.060
2018-11-300.060
2018-10-310.060
2018-09-280.060
2018-08-310.060
2018-07-310.060
2018-06-290.060
2018-05-310.060
2018-04-300.060
2018-03-290.060
2018-02-280.060
2018-01-310.060

2017

Record DateDistributions
2017-12-290.060
2017-11-300.060
2017-10-310.060
2017-09-290.060
2017-08-310.060
2017-07-310.060
2017-06-300.060
2017-05-310.060
2017-04-280.060
2017-03-310.060
2017-02-280.060
2017-01-310.060

2016

Record DateDistributions
2016-12-300.060
2016-11-300.060
2016-10-310.060
2016-09-300.060
2016-08-310.060
2016-07-290.060
2016-06-300.060
2016-05-310.060
2016-04-290.060
2016-03-310.060
2016-02-290.060
2016-01-290.060

2015

Record DateDistributions
2015-12-310.060
2015-11-300.060
2015-10-300.060
2015-09-300.060
2015-08-310.060
2015-07-310.060
2015-06-300.060
2015-05-290.060
2015-04-300.060
2015-03-310.060
2015-02-270.060
2015-01-300.060

2014

Record DateDistributions
2014-12-310.060
2014-11-280.060
2014-10-310.060
2014-09-300.060
2014-08-290.060
2014-07-310.060
2014-06-300.060
2014-05-300.060
2014-04-300.060
2014-03-310.060
2014-02-280.060
2014-01-310.060

2013

Record DateDistributions
2013-12-310.060
2013-11-290.060
2013-10-310.060
2013-09-300.060
2013-08-300.060
2013-07-310.060
2013-06-280.060
2013-05-310.060
2013-04-300.060
2013-03-280.060
2013-02-280.060
2013-01-310.060

2012

Record DateDistributions
2012-12-310.060
2012-11-300.060
2012-10-310.060
2012-09-280.060
2012-08-310.060
2012-07-310.060
2012-06-290.060
2012-05-310.060
2012-04-300.060
2012-03-300.060
2012-02-290.060
2012-01-310.060

2011

Record DateDistributions
2011-12-300.060
2011-11-300.060
2011-10-310.060
2011-09-300.060
2011-08-310.060
2011-07-290.060
2011-06-300.060
2011-05-310.060
2011-04-290.060

June 30, 2020

Security %
Iberdrola, S.A. 5.5
EDP – Energias de Portugal, S.A. 5.1
Spark New Zealand Limited 5.1
Terna S.p.A. 5.0
National Grid PLC 4.9
Vivendi S.A. 4.6
RWE AG 4.6
Deutsche Telekom AG 4.5
Endesa S.A. 4.5
Verizon Communications Inc. 4.4
United Utilities Group PLC 4.3
Veolia Environnement S.A. 4.0
Ameren Corporation 4.0
TC Energy Corporation 3.9
AT&T Inc. 3.9
Duke Energy Corporation 3.7
Naturgy Energy Group, S.A. 3.6
SSE PLC 3.5
PPL Corporation 3.2
TELUS Corporation 2.9
E.ON SE 2.1
Vodafone Group PLC 2.0
Telia Company AB 1.9
ProSiebenSat.1 Media SE 1.7
Mediaset S.p.A. 1.6
ENGIE S.A. 1.4
Telefonica, S.A. 1.4
Inter Pipeline Ltd. 1.1
Telecom Italia S.p.A. 1.0
Cash and other assets and liabilities 0.4
Telefonica, S.A. 0.1

2020

Date Symbol NAV $ Distribution Total $

(Since Inception)

2020-07-03HGI.UN7.776.665

Why Invest In This Fund?


Global Telecom & Utilities Income Fund has been established to provide investors with exposure to an actively managed portfolio (the “Portfolio”) comprised primarily of equities of Global Telecom Issuers and Global Utilities Issuers.

The Fund’s Investment Objectives are to provide Unitholders with:

  • monthly distributions targeted to be $0.06 per Unit ($0.72 per annum);
  • capital appreciation.

Fund Quick Facts

June 30, 2020


TSX Code HGI.UN
Net AUM $3.1 million
Management Fee 1.25%
Total Holdings 31
Income Distribution Monthly
Recent Distribution $0.06
Distribution Method Cash
Eligible RRSP/RRIF/RESP/TFSA

Portfolio Analysis*


Average Market Capitalization (CAD) $60B
Number of Equity Securities 30
Average Dividend Yield 4.24%
Current Yield 9.35%

Top Ten Portfolio Holdings


Security %
Iberdrola, S.A. 5.5
EDP – Energias de Portugal, S.A. 5.1
Spark New Zealand Limited 5.1
Terna S.p.A. 5.0
National Grid PLC 4.9
Vivendi S.A. 4.6
RWE AG 4.6
Deutsche Telekom AG 4.5
Endesa S.A. 4.5
Verizon Communications Inc. 4.4

Investor Documents

Quarterly Summary  Eng


Prospectus Eng | Fr

Portfolio Management

 

 

PAUL MACDONALD, CFAChief Investment Officer

JAMES LEARMONTH, CFASenior Portfolio Manager
MIKE
DRAGOSITS
, CFA
Portfolio Manager

Performance & Price

Historical Prices

Portfolio Allocation


Cumulative Growth $10,000 Invested

 (NAV pricing)


Disclaimer

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the TSX. If  the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. There are ongoing fees associated and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would reduced the returns. Investment funds are not  guaranteed, their values change frequently and past performance may not be repeated. 100% of distributions are received in cash. If the Fund earns less than the amount distributed, the difference is a return of capital. The current yield is calculated based on the market price of the Fund.

*Source: Bloomberg.  Average statistics calculated based on portfolio weighted average. Dividend yield (gross) based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. P/E calculated based on Bloomberg consensus 12 month forward earnings estimates. Return on Equity (ROE) based on 5 year trailing average ROE. The above information is for illustrative purposes only, is estimated and unaudited.

The information contained herein is not an offer to sell nor a solicitation to buy any security. Such an offer can only be made by prospectus or other applicable offering document.

**Filed on SEDAR April 01, 2020 per NI 81-503 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds.