Try Fund Library Premium
For Free with a 30 day trial!
High Yield Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
2022
Click for more information on Fundata’s FundGrade
|
Close (05-01-2025) |
$17.41 |
|---|---|
| Change |
-$0.02
(-0.11%)
|
| Open | $17.35 |
|---|---|
| Day Range | $17.35 - $17.35 |
| Volume | 400 |
As at March 31, 2025
As at March 31, 2025
Inception Return (June 14, 2011): 3.90%
| 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 | 0.45% | 0.11% | 1.83% | 0.11% | 9.60% | 6.14% | 4.13% | 3.45% | 7.39% | 4.18% | 3.97% | 3.74% | 4.26% | 4.20% |
| Benchmark | -0.24% | 2.07% | 7.42% | 2.07% | 14.89% | 12.97% | 9.77% | 5.80% | 6.82% | 5.24% | 5.48% | 5.18% | 6.47% | 5.95% |
| Category Average | -0.97% | 1.02% | 1.02% | 0.59% | 6.09% | 6.81% | 3.23% | 1.98% | 5.09% | 2.99% | 2.96% | 2.91% | 3.72% | 2.99% |
| Category Rank | 3 / 242 | 212 / 239 | 80 / 239 | 212 / 239 | 18 / 238 | 205 / 232 | 84 / 226 | 59 / 223 | 49 / 216 | 65 / 209 | 59 / 186 | 62 / 174 | 86 / 166 | 43 / 156 |
| Quartile Ranking | 1 | 4 | 2 | 4 | 1 | 4 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 2 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.02% | 0.08% | 0.87% | 2.37% | 1.49% | 1.58% | 0.82% | 0.32% | 0.57% | 0.04% | -0.38% | 0.45% |
| Benchmark | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% | 0.36% | -0.24% |
7.20% (April 2020)
-13.41% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.15% | 10.96% | 3.50% | -1.03% | 9.22% | 2.98% | 5.97% | -3.72% | 2.41% | 13.03% |
| Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
| Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
| Quartile Ranking | 1 | 3 | 4 | 2 | 3 | 4 | 1 | 1 | 4 | 1 |
| Category Rank | 37/ 150 | 118/ 165 | 153/ 173 | 49/ 184 | 151/ 208 | 162/ 215 | 46/ 219 | 9/ 226 | 229/ 232 | 20/ 238 |
13.03% (2024)
-3.72% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 59.45 |
| Canadian Corporate Bonds | 40.55 |
| Name | Percent |
|---|---|
| Consumer Goods | 29.59 |
| Real Estate | 20.27 |
| Utilities | 10.17 |
| Basic Materials | 9.82 |
| Fixed Income | 5.97 |
| Other | 24.18 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| NFI Group Inc - Pfd | 10.22 |
| Morguard REIT - Pfd | 6.28 |
| NorthWest Healthcare Properties REIT - Pfd | 6.12 |
| ADVANTAGE OIL + GAS LTD 5.00% 30-Jun-2029 | 5.97 |
| Storagevault Canada Inc - Debenture | 5.73 |
| Exchange Income Corp - Pfd | 5.49 |
| Mullen Group Ltd - Debenture | 5.26 |
| Innergex Renewable Energy Inc - Debenture Cl B | 5.18 |
| Innergex Renewable Energy Inc - Debenture Cl C | 4.98 |
| Ag Growth International Inc - Pfd | 4.17 |
iShares Convertible Bond Index ETF
Median
Other - High Yield Fixed Income
| Standard Deviation | 4.12% | 5.34% | 6.28% |
|---|---|---|---|
| Beta | 0.18% | 0.14% | 0.35% |
| Alpha | 0.02% | 0.06% | 0.02% |
| Rsquared | 0.07% | 0.03% | 0.14% |
| Sharpe | 0.07% | 0.92% | 0.42% |
| Sortino | 0.40% | 1.65% | 0.27% |
| Treynor | 0.02% | 0.35% | 0.08% |
| Tax Efficiency | 48.42% | 72.07% | 53.90% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.66% | 4.12% | 5.34% | 6.28% |
| Beta | 0.28% | 0.18% | 0.14% | 0.35% |
| Alpha | 0.05% | 0.02% | 0.06% | 0.02% |
| Rsquared | 0.17% | 0.07% | 0.03% | 0.14% |
| Sharpe | 2.00% | 0.07% | 0.92% | 0.42% |
| Sortino | 9.05% | 0.40% | 1.65% | 0.27% |
| Treynor | 0.19% | 0.02% | 0.35% | 0.08% |
| Tax Efficiency | 76.93% | 48.42% | 72.07% | 53.90% |
| 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 | $15.33 |
| Annual Dividend | $0.89 |
| Annual Yield | - |
| Index | FTSE TMX Canada Convertible Bond Index |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
iShares Advantaged Convertible Bond Index Fund seeks to track, less fees and expenses, the DEX Convertible Bond Index -an equally weighted index, rebalanced monthly, of convertible bonds from Canadian issuers. They must be a) on a Canadian exchange b) in CAD$; 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.
| Portfolio Manager |
BlackRock Asset Management Canada Limited |
|---|---|
| Sub-Advisor |
BlackRock Institutional Trust Company, N.A. |
| Fund Manager |
BlackRock Asset Management Canada Limited |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
State Street Trust Company Canada |
| Distributor |
- |
| MER | 0.50% |
|---|---|
| Management Fee | 0.45% |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
