These payments which come from the periodic interest payments that are paid by the fixed income securities are usually distributed to the investor on a monthly basis.
This fund as it name implies invests primarily in the fixed income securities of Canadian Governments and companies.
The management team is also supported by the expertise of the Franklin Templeton Fixed Income Group, which covers a full range of fixed income securities
, as well as the Franklin equity group's 40 investment professionals, who are organized by sector.
Handler, Chief Executive Officer of Jefferies, added, "This emerging markets team is yet another important addition to Jefferies' Bonds Direct Division, which is fast becoming a leading trader in the fixed income securities
The ITF asset allocation is expected to be 25% traditional fixed income securities
, 25% equities, 12.
The business covers five major product groups: Fixed Income Securities
and their derivatives, Interest Rate Derivatives, Treasury Products, Equities and Energy.
The Group is active in the wholesale market for OTC derivatives, fixed income securities
, money market products, foreign exchange, energy, credit and equity derivatives.