$33.$ Todd owns and operates a very profitable security equipment company. As a result, he pays himself a salary that pushes him into the highest marginal tax bracket. He maxes out both his TFSA and RRSP contributions every year.

In the past, Todd has experimented with various types of investments. One such investment caused him to lose money and accumulate unused capital losses.

This year, on top of his regular salary, Todd will also pay himself a sizeable bonus. He wants to put this extra money in a non$-$registered segregated fund that will generate a good returm with the least amount of taxes.

What type of segregated fund should Todd select?

A high$-$yield bond fund.

An equity fund

A balanced fund.

A dividend fund.