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High Yield Fixed Income
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2022
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|
Close (11-22-2024) |
$17.29 |
|---|---|
| Change |
-$0.01
(-0.06%)
|
| Open | $17.30 |
|---|---|
| Day Range | $17.30 - $17.36 |
| Volume | 2,658 |
As at October 31, 2024
As at October 31, 2024
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Inception Return (June 14, 2011): 3.95%
| 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% | 3.94% | 7.41% | 12.03% | 14.76% | 8.43% | 3.03% | 5.50% | 4.07% | 4.47% | 3.91% | 3.94% | 4.61% | 3.89% |
| Benchmark | 2.26% | 3.80% | 8.78% | 13.90% | 17.70% | 14.40% | 6.03% | 4.76% | 4.75% | 5.41% | 4.78% | 4.95% | 5.71% | 6.38% |
| Category Average | -0.34% | 5.58% | 5.58% | 6.30% | 13.32% | 8.38% | 1.37% | 2.95% | 2.78% | 3.24% | 2.70% | 3.06% | 3.36% | 2.90% |
| Category Rank | 36 / 304 | 7 / 303 | 28 / 302 | 20 / 302 | 98 / 302 | 183 / 296 | 74 / 287 | 48 / 277 | 78 / 271 | 70 / 259 | 69 / 237 | 77 / 225 | 60 / 195 | 70 / 182 |
| Quartile Ranking | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.14% | 2.29% | 1.29% | 0.87% | 1.04% | 1.02% | 0.08% | 0.87% | 2.37% | 1.49% | 1.58% | 0.82% |
| Benchmark | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% |
7.20% (April 2020)
-13.41% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.44% | 0.15% | 10.96% | 3.50% | -1.03% | 9.22% | 2.98% | 5.97% | -3.72% | 2.41% |
| Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
| Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
| Quartile Ranking | 3 | 1 | 3 | 4 | 2 | 3 | 3 | 1 | 1 | 4 |
| Category Rank | 125/ 171 | 43/ 183 | 133/ 199 | 179/ 227 | 70/ 238 | 163/ 263 | 198/ 273 | 60/ 278 | 15/ 287 | 286/ 296 |
10.96% (2016)
-3.72% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 52.91 |
| Canadian Corporate Bonds | 47.09 |
| Name | Percent |
|---|---|
| Real Estate | 26.60 |
| Consumer Goods | 21.05 |
| Fixed Income | 10.85 |
| Utilities | 9.96 |
| Basic Materials | 7.55 |
| Other | 23.99 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Morguard REIT - Pfd | 9.87 |
| ADVANTAGE OIL + GAS LTD 5.00% 30-Jun-2029 | 8.97 |
| NFI Group Inc - Pfd | 6.62 |
| Innergex Renewable Energy Inc - Debenture Cl B | 5.13 |
| Innergex Renewable Energy Inc - Debenture Cl C | 4.83 |
| WELL Health Technologies Corp - Pfd | 4.28 |
| NorthWest Healthcare Properties REIT - Pfd | 4.01 |
| Morguard North American Residential REIT - Pfd | 3.57 |
| NorthWest Healthcare Proprts REIT - Debenture Cl G | 3.51 |
| Timbercreek Financial Corp - Pfd | 3.35 |
iShares Convertible Bond Index ETF
Median
Other - High Yield Fixed Income
| Standard Deviation | 4.39% | 8.29% | 6.34% |
|---|---|---|---|
| Beta | 0.17% | 0.54% | 0.29% |
| Alpha | 0.02% | 0.02% | 0.02% |
| Rsquared | 0.07% | 0.23% | 0.10% |
| Sharpe | -0.09% | 0.25% | 0.38% |
| Sortino | 0.03% | 0.20% | 0.21% |
| Treynor | -0.02% | 0.04% | 0.08% |
| Tax Efficiency | 28.32% | 50.67% | 49.89% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.46% | 4.39% | 8.29% | 6.34% |
| Beta | 0.09% | 0.17% | 0.54% | 0.29% |
| Alpha | 0.12% | 0.02% | 0.02% | 0.02% |
| Rsquared | 0.02% | 0.07% | 0.23% | 0.10% |
| Sharpe | 3.75% | -0.09% | 0.25% | 0.38% |
| Sortino | 53.58% | 0.03% | 0.20% | 0.21% |
| Treynor | 1.04% | -0.02% | 0.04% | 0.08% |
| Tax Efficiency | 84.25% | 28.32% | 50.67% | 49.89% |
| Start Date | June 14, 2011 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $96 |
| 52 Week High | $17.69 |
| 52 Week Low | $14.60 |
| Annual Dividend | $0.90 |
| Annual Yield | - |
| Index | FTSE TMX Canada Convertible Bond Index |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
iShares Advantaged Convertible Bond Index Fund seeks to track, less fees and expenses, the DEX Convertible Bond Index -an equally weighted index, rebalanced monthly, of convertible bonds from Canadian issuers. They must be a) on a Canadian exchange b) in CAD$; c) not currently in default of payment of either interest or principal; d) with a minimum monthly volume of $500,000, e) a minimum outstanding amount of $50 million.
CVD’s current principal investment strategy is to employ a Sampling Strategy. In addition to or as an alternative to this strategy, CVD may invest by employing a Replicating Strategy, by investing in one or more iShares ETFs and/or through the use of derivatives.
| Name | Start Date |
|---|---|
| BlackRock Institutional Trust Company, N.A. | 05-18-2012 |
| BlackRock Asset Management Canada Limited | 06-17-2020 |
| Fund Manager | BlackRock Asset Management Canada Limited |
|---|---|
| Advisor | BlackRock Asset Management Canada Limited |
| Custodian | State Street Trust Company Canada |
| Registrar | State Street Trust Company Canada |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| MER | 0.49% |
|---|---|
| Management Fee | 0.45% |
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