Universe Corporate Bond Portfolio

Growth Potential of Longer Term Year Corporate Bonds

The objective of the Universe Corporate Bond (UCB) is to provide higher rates of return in the 4+ year time frame by investing in a diversified, conservatively managed portfolio of corporate and government bonds, debentures, and/or promissory notes as permitted by applicable regulation.

Corporate bonds have historically offered incrementally better returns than traditional government bonds while offering less short-term interest rate risk than equity investments.

Investment Horizon

With a longer-term investment horizon of 4+ years, municipalities will find the UCB suitable for:
  • Long-term reserves and reserve funds (i.e. funds for future capital projects)
  • Perpetual and trust funds, as required for cemetery funds
  • Development charge receipts not required in the short-term
Portfolio Manager
MFS Investment Management Canada

 

Contact

LAS

T 416.971.9856
TF 1.877.426.6527
F 416.971.6191

 
Calvin Barrett
Manager of Accounting and Corporate Services, MFOA/CHUMS

T 416.362.9001 ext. 229