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High Yield Fixed Income
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2022
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|
Close (12-23-2024) |
$17.33 |
|---|---|
| Change |
$0.03
(0.17%)
|
| Open | $17.23 |
|---|---|
| Day Range | $17.23 - $17.33 |
| Volume | 2,400 |
As at November 30, 2024
As at November 30, 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 | 0.32% | 2.74% | 7.67% | 12.39% | 14.97% | 8.06% | 3.63% | 4.51% | 3.99% | 4.65% | 3.94% | 4.01% | 4.56% | 3.99% |
| Benchmark | 0.82% | 5.17% | 9.67% | 14.84% | 15.87% | 12.91% | 5.71% | 4.51% | 4.92% | 5.53% | 4.90% | 5.16% | 5.85% | 6.42% |
| Category Average | 1.12% | 5.52% | 5.52% | 7.49% | 10.61% | 7.81% | 1.98% | 2.44% | 2.94% | 3.57% | 2.87% | 3.33% | 3.63% | 3.03% |
| Category Rank | 303 / 304 | 72 / 304 | 41 / 302 | 33 / 302 | 30 / 302 | 190 / 296 | 73 / 287 | 64 / 278 | 91 / 272 | 81 / 260 | 73 / 237 | 81 / 225 | 78 / 199 | 69 / 183 |
| Quartile Ranking | 4 | 1 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.29% | 1.29% | 0.87% | 1.04% | 1.02% | 0.08% | 0.87% | 2.37% | 1.49% | 1.58% | 0.82% | 0.32% |
| Benchmark | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% |
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 | 54.13 |
| Canadian Corporate Bonds | 45.87 |
| Name | Percent |
|---|---|
| Real Estate | 27.13 |
| Consumer Goods | 21.58 |
| Fixed Income | 10.77 |
| Utilities | 10.16 |
| Basic Materials | 7.89 |
| Other | 22.47 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Morguard REIT - Pfd | 10.04 |
| ADVANTAGE OIL + GAS LTD 5.00% 30-Jun-2029 | 9.26 |
| NFI Group Inc - Pfd | 6.68 |
| Innergex Renewable Energy Inc - Debenture Cl B | 5.22 |
| Innergex Renewable Energy Inc - Debenture Cl C | 4.94 |
| WELL Health Technologies Corp - Pfd | 4.44 |
| NorthWest Healthcare Properties REIT - Pfd | 4.13 |
| Morguard North American Residential REIT - Pfd | 3.62 |
| NorthWest Healthcare Proprts REIT - Debenture Cl G | 3.57 |
| Premium Brands Holdings Corp - Debenture Cl G | 3.56 |
iShares Convertible Bond Index ETF
Median
Other - High Yield Fixed Income
| Standard Deviation | 4.28% | 8.29% | 6.33% |
|---|---|---|---|
| Beta | 0.19% | 0.54% | 0.29% |
| Alpha | 0.03% | 0.02% | 0.02% |
| Rsquared | 0.09% | 0.23% | 0.10% |
| Sharpe | 0.02% | 0.24% | 0.40% |
| Sortino | 0.22% | 0.19% | 0.23% |
| Treynor | 0.01% | 0.04% | 0.09% |
| Tax Efficiency | 41.14% | 49.41% | 51.32% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.39% | 4.28% | 8.29% | 6.33% |
| Beta | 0.24% | 0.19% | 0.54% | 0.29% |
| Alpha | 0.10% | 0.03% | 0.02% | 0.02% |
| Rsquared | 0.12% | 0.09% | 0.23% | 0.10% |
| Sharpe | 4.00% | 0.02% | 0.24% | 0.40% |
| Sortino | - | 0.22% | 0.19% | 0.23% |
| Treynor | 0.40% | 0.01% | 0.04% | 0.09% |
| Tax Efficiency | 84.48% | 41.14% | 49.41% | 51.32% |
| 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) | $98 |
| 52 Week High | $17.69 |
| 52 Week Low | $14.82 |
| 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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