MINT Income Fund is invested in a diversified portfolio of equity income securities as well as non-dividend paying securities which have capital appreciation potential.

Over several decades, dividends have benefited investors by accounting for approximately two-thirds of total equity returns and dampening the volatility associated with investing in equities. In addition, dividends from Canadian corporations have become increasingly tax efficient and are now taxed at a lower rate than interest income.

We remain very positive on the oil and gas sector and continue to hold the view that global oil and North American natural gas production has peaked. The Fund maintains exposure to dividend paying energy investments that possess high quality assets, low payout ratios, modest levels of third party debt, proven management teams and the ability to build value through internal operations.