Bringing you live news and features since 2006 

O’Leary Funds launches O’Leary Global Income Fund


O'Leary Funds Management has launched the O'Leary Global Income Fund, which invests in a portfolio comprised primarily of dividend-paying common equities, publicly-traded corporate bonds, preferred securities and convertible debt securities of mid and large-cap Canadian and global issuers.

The aim is to provide Canadian investors with both income and the potential for capital appreciation.
The fund's versatile mandate allows the portfolio advisor to invest in a focused "best ideas" portfolio of global income opportunities, while actively managing the asset allocation to suit market conditions and interest rate cycles.
"We believe that a ‘best ideas’ portfolio and an actively managed asset allocation strategy that takes into account market cycles are important tools in achieving the fund's investment objectives," says Connor O'Brien, CEO of O'Leary Funds and president of Stanton Asset Management, the portfolio advisor to the O'Leary family of funds.  "In addition, a high conviction approach gives the portfolio advisor the opportunity to invest in a concentrated number of investments."
"We are introducing this O'Leary Fund to meet increased advisor demand for a global product focused on a combination of dividend-paying global equities, short duration corporate bonds as well as floating rate loans," says Stephen Crawford, senior vice-president, national sales.  "In the current environment, the equity portfolio of the Fund is focused on high conviction opportunities in developed markets which are expected to provide strong growth in 2014. The fixed income portfolio is positioned for a period of rising interest rates, with a targeted allocation to floating rate securities, which have a history of generating stable income and diversification, with reduced interest rate risk. By working with their advisor, clients can take advantage of the benefits of diversification from an increased global exposure in their portfolio."
The fund is available for sale in hedged and unhedged Series A and F, as well as in a hedged Series H. Income distributions to O'Leary Global Income Fund unitholders will be made monthly using a target fixed distribution rate.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by