Bonds and Fixed Income
The Fund's bond investments, which represent 55.3 per cent of the total Fund, are segregated into the following mandates:
- 19.4% universe bond (maturities beyond one year)
- 21.6% long bond (maturities beyond 10 years)
- 5.7% real return bond (providing an inflation hedge)
- 8.6% short term money market securities (generally maturing within one year)
The Fixed Income team's goal is to provide consistent longer-term performance while maintaining a high-quality, liquid portfolio. This investment approach combines interest rate anticipation with strategic sector selection.
Portfolio performance details are found in HOOPP's Annual Report.