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Palos IOU High Yield Class A
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Fund Sponsor: Palos Management Inc
Portfolio Manager:
Fund Type: Open-Ended

Asset Class: High Yield Fixed Income
5-Star Rating:
RRSP Eligible: Yes

Inception Date: April, 2015
Total Assets: n/a
Sales Fee Type: No Load
Mgmt Expense Ratio (MER): 2.00m%
Closed: No

Min. Invest (initial): $25,000.00
Subsequent: $500.00
Min. Invest (initial RRSP):
Subsequent RRSP:
Restricted: Yes
( Min. Investment $25,000)


As of November 30, 2017 *

Current Price: $0.34
Daily Change $:
1 day: n/a
7 day: n/a
Month-to-Date: 7.24%
30 day: 7.24%
Year-to-Date: -6.44%

*not current date

Returns as of October 31, 2018
Fund Group Avg Index*
1 month n/a -1.35% -1.35%
3 month n/a -0.99% -0.99%
6 month n/a -0.55% -0.55%
1 year n/a -0.95% -1.04%
3 year n/a 3.77% 3.34%
5 year n/a 2.96% 2.70%
10 year n/a 6.44% 6.26%
15 year n/a 4.07% 4.19%
20 year n/a 4.24% 4.34%
Since Inception n/a n/a n/a
3 year risk n/a 4.88 3.54
3 year beta n/a n/a 1.00
* Index refers to Globe High Yield Fixed Income Peer Index

Top Holdings
Not available

Fund Report
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Fund Codes & Fees
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Fund Price History
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Distribution Report (18 Months Up To December 3, 2018)

Frequency of Income Distributions:  None
Frequency of Capital Gain Distributions:  None

Date Income
(Current Period)
Trailing 12-
Months Total
Aug 31, 2017 2.7543   2.7543 3.1758 4.311
Sep 29, 2017 1.7258   1.7258 4.7216 1.998
Oct 31, 2017 1.1092   1.1092 5.8308 1.170
Nov 30, 2017 0.9164   0.9164 6.7472 0.339

Investment Objectives
The Fund's investment objective is to preserve capital and provide Unitholders with an attractive and steady stream of income primarily through the purchase of short term commercial loans originated by IOU Central Inc. ("IOU Central"). The loans are aimed at owner operated businesses with daily sales, such as medical and dental practices, grocery and retail stores, restaurants and hotels, franchisees and e-commerce companies (the "Businesses"). The loans are repaid daily over the term of the loan directly out of the business bank account, and are personally guaranteed by the respective business owners.

Portfolio Composition

Sector Weightings

Not available Not available

Portfolio Manager(s)