September 2024
We are pleased to inform you of recent adjustments made to the Pembroke Canadian Balanced Fund to increase diversification and optimize portfolio balance. These updates are consistent with our ongoing commitment to maintain the Fund’s established objective and investment strategy, with no change to our historical equity and fixed income allocations of 70% and 30%, respectively.
To add to the equity portion of the fund, we have introduced exposure to large-cap securities through a 10% allocation to the Pembroke Canadian All Cap strategy. For the fixed income component, we have diversified our holdings by reducing exposure to the Pembroke Canadian Bond strategy from 30% to 18% and adding a 12% allocation to the Pembroke Corporate Bond strategy.
The revised asset allocation within the fund is detailed in the pie chart below.
Our aim with these refinements is to provide you with a broader market exposure within the equity segment and a slightly higher yield to maturity within the fixed income segment, without increasing the overall volatility of the portfolio.
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Disclaimer
This report is for the purpose of providing some insight into Pembroke and the Pembroke funds. Past performance is not indicative of future returns. Any securities listed herein, are for informational purposes only and are not intended and should not be construed as investment advice nor is it a recommendation to buy or sell any particular security. Factual information has been taken from sources we believe to be reliable, but its accuracy, completeness or interpretation cannot be guaranteed. Pembroke seeks to ensure that the content of this document is correct and up to date but does not guarantee that the content is accurate and complete and does not assume any responsibility for this. Pembroke is not responsible for decisions or actions taken or made on the basis of information contained in this document.
