The Fund's objective is to provide a stable level of income while emphasizing capital preservation. The Fund invests in a diversified portfolio of fixed-income and equity securities.

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 taxed at a lower rate than interest income. We continue to believe that companies offering high levels of sustainable income will attract significant investor interest and receive premium valuations, especially within an environment of relatively low interest rates and a Canadian market with few alternatives for investors seeking yield.

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. As a result, the Fund maintains significant exposure to energy-related investments.

The Fund is authorized to issue series of shares designated as Series A and F.