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Cdn Short Term Fixed Inc
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|
NAVPS (05-02-2024) |
$8.19 |
|---|---|
| Change |
$0.01
(0.16%)
|
As at March 31, 2024
As at November 30, 2023
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Inception Return (June 29, 2012): 0.43%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.82% | 1.11% | 4.30% | 1.11% | 3.23% | 0.80% | -0.94% | 0.17% | 0.08% | 0.28% | -0.01% | 0.09% | 0.02% | 0.28% |
| Benchmark | 0.53% | 0.45% | 4.45% | 0.45% | 3.64% | 2.06% | 0.29% | 0.89% | 1.33% | 1.66% | 1.39% | 1.38% | 1.34% | 1.59% |
| Category Average | 0.46% | 4.40% | 4.40% | 0.54% | 3.83% | 1.73% | 0.15% | 1.11% | 1.08% | 1.27% | 1.05% | 1.06% | 0.92% | 1.04% |
| Category Rank | 23 / 322 | 66 / 289 | 183 / 287 | 66 / 289 | 223 / 272 | 246 / 262 | 237 / 245 | 226 / 236 | 222 / 227 | 206 / 211 | 192 / 196 | 178 / 183 | 166 / 171 | 150 / 155 |
| Quartile Ranking | 1 | 1 | 3 | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.47% | -0.67% | -0.13% | 0.00% | -0.04% | -0.65% | 0.04% | 1.64% | 1.46% | -0.05% | 0.34% | 0.82% |
| Benchmark | 0.41% | -0.84% | -0.32% | -0.08% | 0.39% | -0.32% | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% |
1.75% (April 2020)
-1.79% (March 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.08% | 0.82% | 0.29% | -0.99% | -0.29% | 1.62% | 3.89% | -1.63% | -6.16% | 3.30% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Category Rank | 95/ 146 | 115/ 167 | 147/ 180 | 181/ 188 | 194/ 208 | 212/ 225 | 177/ 235 | 206/ 241 | 241/ 255 | 254/ 269 |
3.89% (2020)
-6.16% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 50.42 |
| Canadian Government Bonds | 32.70 |
| Canadian Bonds - Other | 7.87 |
| Cash and Equivalents | 5.98 |
| Foreign Corporate Bonds | 3.00 |
| Other | 0.03 |
| Name | Percent |
|---|---|
| Fixed Income | 93.98 |
| Cash and Cash Equivalent | 5.99 |
| Consumer Services | 0.02 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| North America | 98.56 |
| Multi-National | 1.42 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Russell Investments Short Term Income Pool O | 99.77 |
| US DOLLAR | 0.16 |
| CANADIAN DOLLAR | 0.06 |
Russell Investments Short Term Income Class Series B
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 2.72% | 2.41% | 1.91% |
|---|---|---|---|
| Beta | 0.96% | 0.96% | 0.93% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.88% | 0.83% | 0.84% |
| Sharpe | -1.30% | -0.76% | -0.57% |
| Sortino | -1.55% | -1.35% | -1.53% |
| Treynor | -0.04% | -0.02% | -0.01% |
| Tax Efficiency | - | 53.94% | 26.83% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.53% | 2.72% | 2.41% | 1.91% |
| Beta | 0.89% | 0.96% | 0.96% | 0.93% |
| Alpha | 0.00% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.82% | 0.88% | 0.83% | 0.84% |
| Sharpe | -0.61% | -1.30% | -0.76% | -0.57% |
| Sortino | 0.14% | -1.55% | -1.35% | -1.53% |
| Treynor | -0.02% | -0.04% | -0.02% | -0.01% |
| Tax Efficiency | 100.00% | - | 53.94% | 26.83% |
| Start Date | June 29, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FRC1839 | ||
| FRC1840 | ||
| FRC1841 |
The Fund’s investment objective is to provide a stable level of cash flow. To achieve this investment objective, the Fund will obtain exposure principally to short-term, high-quality fixed income securities issued or guaranteed by Canadian federal, provincial or municipal governments or issued by Canadian corporations. Exposure may be direct or indirect from any combination of holding such fixed income securities, investments in other mutual funds and derivatives.
To achieve its objective, the Fund invests in Russell Investments Short Term Income Pool. The Fund may use derivatives from time to time for hedging and non-hedging purposes. The Fund may use derivatives to hedge against changes in the value of the Fund’s investments caused by changes to the exchange rates between the Canadian dollar and other currencies.
| Name | Start Date |
|---|---|
| Russell Investments Canada Limited | 08-22-2012 |
| Fund Manager | Russell Investments Canada Limited |
|---|---|
| Advisor | Russell Investments Canada Limited |
| Custodian | State Street Trust Company Canada |
| Registrar | International Financial Data Services (Canada) Ltd |
| Distributor | Russell Investments Canada Limited |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 0 |
| PAC Subsequent | 0 |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 0 |
| MER | 1.34% |
|---|---|
| Management Fee | 0.95% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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