"ETFs that trade like bonds" - Guardian Capital LP Unveils Innovative GuardBonds™ Funds Suite

Toronto, January 9, 2024 - Guardian Capital LP, a distinguished subsidiary of Guardian Capital Group Limited, has made a significant stride in the investment fund market with the launch of its GuardBonds™ Funds. This innovative suite of investment funds is a groundbreaking blend of traditional fund investing and individual bond investment strategies.

A New Era in Bond Investing

The GuardBonds™ Funds suite comprises several funds, each targeting a specific maturity year from 2024 to 2027, along with a unique 1-3 Year Laddered Investment Grade Bond Fund. These funds are structured to offer investors a diversified portfolio of Canadian-dollar denominated investment grade bonds, each with a defined maturity date that aligns with a specific calendar year.

What sets the GuardBonds™ Funds apart is their dual benefit structure. Investors are poised to receive monthly distributions and, upon the fund's termination, the return of the underlying capital. This termination coincides with the maturity date of the bonds, aligning investors' interests with the fund's performance.

Mitigating Market Fluctuations

The design of the GuardBonds™ Funds is tailored to mitigate the impact of market volatility. By holding the underlying bonds until maturity, the funds aim to reduce the potential for market losses, provided the issuer does not default and the bond reaches maturity. The 1-3 Year Laddered Investment Grade Bond Fund offers a balanced exposure to bonds maturing in 1, 2, and 3 years, ensuring a steady income stream.

Guardian Capital LP's Expertise

Guardian Capital LP, as the manager and portfolio manager of the GuardBonds™ Funds, brings its extensive experience in managing diverse portfolios. The company caters to a wide range of clients, including pension plans, insurance companies, foundations, endowments, and investment funds. Founded in 1962, Guardian Capital LP has built its reputation on authenticity, integrity, stability, and trustworthiness, key factors in its six decades of success.

A Solution for Income Stability

“Canadian investors who are looking for more clarity on the level of income they can generate, and less uncertainty from volatility in Canadian bonds, might find the option of held-to-maturity bond portfolios appealing,” said Barry Gordon, Managing Director, Head of Retail Asset Management at Guardian Capital. “GIC and Bond ladders have been popular strategies for investors historically to create a certain level of income for defined multi-year period. We believe there is an immediate interest from Canadian investors to potentially use our GuardBondsTM strategies to take advantage of higher yields in the Canadian fixed income market.

The names, investment objectives and product information of each of these new GuardBondsTM Funds is as follows:

¹ Plus applicable taxes.

Contact and Additional Information

For further details about Guardian Capital LP and the GuardBonds™ Funds, interested parties can visit www.guardiancapital.com. Richard Britnell of Guardian Capital LP is available for contact regarding these innovative investment solutions.

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Caution Concerning Forward-Looking Statements

Certain information included in this press release constitutes forward-looking information within the meaning of applicable Canadian securities laws. All information other than statements of historical fact may be forward-looking information. Forward-looking information is often, but not always, identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events or the negative thereof. Forward-looking information in this press release includes, but is not limited to, statements with respect to management’s beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations. Such forward-looking information reflects management’s beliefs and is based on information currently available. Certain material factors and assumptions were applied in providing this forward-looking information. All forward-looking information in this press release is qualified by the following cautionary statements.

Although Guardian Capital believes that the expectations reflected in such forward-looking information are reasonable, such information involves known and unknown risks and uncertainties which may cause Guardian Capital’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially include but are not limited to: general economic and market conditions, including interest rates, business competition, changes in government regulations or in tax laws, military conflicts in various parts of the world, the failure to satisfy any applicable stock exchange requirements, as well as those risk factors discussed or referred to in the GuardBondsTM Funds’ prospectus and the disclosure documents filed by Guardian Capital with the securities regulatory authorities in certain provinces and territories of Canada and available at www.sedarplus.com. The reader is cautioned to consider these factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information, as there can be no assurance that actual results will be consistent with such forward-looking information.

The forward-looking information contained in this press release is presented as of the preparation date of this press release and should not be relied upon as representing Guardian Capital’s views as of any date subsequent to the date of this press release. Guardian Capital undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase GuardBondsTM Funds and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Commissions, management fees and expenses all may be associated with investments in the GuardBondsTM Funds. Please read the prospectus before investing. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on the NEO. If units of an ETF are purchased or sold on the NEO, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

All trademarks, registered and unregistered, are owned by Guardian Capital Group Limited and are used under licence.