Capital Group Funds (Canada)
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Canadian Core Plus Fixed Income — Series  
Portfolio data as of July 31, 2019 (updated monthly)
Investment Objective
Steady income, capital preservation and long-term total return consistent with prudent management by investing mainly in a broad range of Canadian and global fixed-income securities.
Fund Description
A focus on capital preservation
Invests in Canadian, global and high-yield bonds, including emerging markets.
Returns
Growth of $10,000 since inception (Series )
Returns include reinvestment of all distributions and do not reflect the effect of a sales charge. Past returns are not predictive of future returns.
Returns (%)
1 month
YTD
1 year*
3 years*
5 years*
10 years*
Lifetime*
Lifetime (cumulative)
2018
2017
2016
2015
2014
*Annualized compound returns.
Portfolio information
Fund assets ($mil) combined series $152.5
Companies / issuers   278
Income distributions paid   Monthly
Capital gains paid   December
Portfolio turnover (2018)   45%
Effective duration (years)1   7.2%
Current yield   2.5%
Yield to worst 2   2.4%
Asset breakdown3
Developed markets (investment grade)
Government 49.1%
Corporate 30.7%
Inflation-linked 2.3%
Asset backed 2.5%
Mortgage backed 0.9%
Subtotal 85.5%
Corporate high yield 1.6%
Emerging market debt4 5.5%
Other —   
Cash and cash equivalents
  & other assets less liabilities
7.4%
Total portfolio   100.0%
Portfolio characteristics
 
FundSERV
MER5
Fund inception
Minimum initial investment
12-month distribution rate6
Portfolio managers
Years with Capital / Years in profession
Thomas H. Høgh 28 / 32
James R. Mulally 39 / 43
Thomas Reithinger 5 / 8
Top 10 holdings
% of Portfolio Yield %
Quebec Prov C$ 3.5% 12/01/48 5.0 2.4
Canada Govt C$ Bond 1.0% 09/01/22 4.4 1.5
Capital Group Glbl High Inc Opps (Lux) 3.9 6.6
Saskatchewan Prov C$ 3.1% 06/02/50 3.7 2.5
Canada Housing Trust C$ 144A Life 2.65% 12/15/28 3.7 1.9
Canada Housing Trust C$ 144A Life 2.55% 12/15/23 3.4 1.7
Saskatchewan Prov C$ 3.05% 12/02/28 2.1 2.2
Ontario Prov C$ 2.6% 06/02/27 1.4 2.1
Toronto/Dominion Bank C$ Nvcc Sub 3.06% 01/26/32 1.3 2.9
Quebec Prov C$ 3.10% 12/01/51 1.3 2.4
Country and currency3
Top 5 countries
Canada 73.9%
United States 13.3%
Japan 2.3%
Germany 1.2%
United Kingdom 0.7%
Top 5 currencies (after hedging)
Canadian Dollar 98.5%
Indian Rupee 0.3%
Mexican Peso 0.3%
Chilean Peso 0.3%
Norwegian Krone 0.2%
1 Includes the impact of callable bonds. Duration is a measure of the approximate sensitivity of a bond portfolio's value to interest rate changes.
2 Reflects the lowest yield that can be realized by either calling or putting on one of the available call/put dates, or holding a bond to maturity. Includes the underlying holdings in Capital Group Global High Income Opportunities (LUX).
3 Includes the Fund's direct portfolio holdings as well as the holdings through Capital Group Global High Income Opportunities (LUX).
4 May include a portion of investment-grade issues.
5
Capital Group, at its discretion, currently waives some of its management fees or absorbs some expenses of certain Capital Group funds. Such waivers and absorptions may be terminated at any time, but can be expected to continue for certain portfolios until such time as such funds are of sufficient size to reasonably absorb all management fees and expenses incurred in their operations.
The management expense ratios for the portfolios are based on audited total expenses for the year ended December 31, 2018 and are expressed as an annualized percentage of daily average net assets during the period. Actual MERs may vary. The following lists the management expense ratios for Capital Group Canadian Core Plus Fixed Income Fund (Canada) before waivers or absorptions for the year ended December 31, 2018: Series A, 1.27%; Series B, 1.78%; Series F, 0.65%; Series I, 0.19%.
6 Reflects the sum of income distributions over the trailing 12 months, divided by the sum of the previous month's ending NAV plus any capital gains distributed over the 12-month period.
Not available to U.S. residents.
Updated on a monthly basis.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their value changes frequently and past performance may not be repeated.
Thomas H. Høgh
Years at Capital: 28
Years in profession: 32
Based in London
Thomas H. Høgh is a fixed income portfolio manager at Capital Group and one of the portfolio managers of Capital Group Canadian Core Plus Fixed Income Fund (Canada). Earlier in his career, as a fixed income investment analyst at Capital, Thomas covered Yankee bonds, as well as various non-U.S. bond markets. Prior to joining Capital, Thomas held a number of positions at Privatbanken (now Nordea). He holds an MBA in finance, international business and management from Columbia Business School. He also holds a master's degree in international economics and a bachelor's degree in economics, both from the University of Copenhagen, Denmark. Thomas is based in London.
James R. Mulally
Years at Capital: 39
Years in profession: 43
Based in Los Angeles
James R. Mulally is a fixed-income portfolio manager at Capital Group and is one of the portfolio managers of Capital Group Canadian Core Plus Fixed Income Fund (Canada). Earlier in his career, as a fixed-income investment analyst at Capital, he covered non-U.S. sovereign fixed-income markets. Prior to joining Capital, Jim was a research associate at the Federal Reserve Bank of Minneapolis. He holds a master's degree from Columbia University Graduate School of Business and a bachelor's degree in economics from Dartmouth College. Jim is based in Los Angeles.
Thomas Reithinger
Years at Capital: 5
Years in profession: 8
Based in London
Thomas Reithinger is a fixed income portfolio manager at Capital Group and one of the portfolio managers of Capital Group Canadian Core Plus Fixed Income Fund (Canada). As a fixed income investment analyst, he covers sovereign debt. Prior to joining Capital, Thomas worked as an analyst at Monashee Investment Management and as a research associate at Dix Hills Partners. He holds an MBA from Harvard Business School and double bachelor's degrees in business & management and computer engineering from Rensselaer Polytechnic Institute graduating summa cum laude. Thomas is based in London.
Capital Group funds and Capital International Asset Management (Canada), Inc., are part of Capital Group, a global investment management firm originating in Los Angeles, California in 1931. Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed-income investment professionals provide fixed-income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Distributions
   
2019 YTD Income
  Capital gains
  Total
2018 Income
  Capital gains
  Total
2017 Income
  Capital gains
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2016 Income
  Capital gains
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2015 Income
  Capital gains
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Historical Prices & Distributions
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Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.