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MD Bond Fund Series A
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-28-2026) |
$6.79 |
|---|---|
| Change |
-$0.03
(-0.44%)
|
As at August 31, 2026
As at August 31, 2026
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Legend
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Fund Returns
Inception Return (July 01, 1988): 5.32%
| 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 | -0.09% | -1.30% | -1.58% | 0.38% | 1.87% | 1.93% | 3.41% | 3.01% | -0.02% | -0.32% | 0.43% | 1.39% | 1.28% | 0.97% |
| Benchmark | -0.27% | -1.44% | -1.99% | 0.31% | 1.76% | 2.22% | 4.06% | 3.10% | 0.14% | -0.18% | 0.62% | 1.72% | 1.69% | 1.35% |
| Category Average | -0.22% | -1.47% | -2.12% | -0.10% | 1.21% | 1.79% | 3.66% | 2.78% | -0.29% | -0.48% | 0.31% | 1.21% | 1.09% | 0.86% |
| Category Rank | 102 / 486 | 203 / 478 | 129 / 474 | 189 / 470 | 213 / 465 | 327 / 442 | 356 / 408 | 247 / 387 | 226 / 379 | 208 / 356 | 201 / 336 | 190 / 319 | 176 / 293 | 163 / 270 |
| Quartile Ranking | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.64% | 0.65% | 0.20% | -0.99% | 0.42% | 1.57% | -1.77% | 0.23% | 1.29% | 0.31% | -1.52% | -0.09% |
| Benchmark | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% | 0.44% | -1.61% | -0.27% |
Best Monthly Return Since Inception
4.81% (July 1992)
Worst Monthly Return Since Inception
-4.65% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.73% | 1.86% | -0.15% | 6.33% | 7.90% | -3.13% | -11.03% | 6.46% | 2.61% | 3.10% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | 2 | 3 | 4 | 2 | 4 | 3 | 1 | 2 | 4 | 2 |
| Category Rank | 114/ 255 | 149/ 281 | 273/ 302 | 161/ 329 | 267/ 341 | 254/ 363 | 70/ 380 | 188/ 388 | 393/ 412 | 129/ 450 |
Best Calendar Return (Last 10 years)
7.90% (2020)
Worst Calendar Return (Last 10 years)
-11.03% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 46.64 |
| Canadian Government Bonds | 33.77 |
| Cash and Equivalents | 10.65 |
| Foreign Corporate Bonds | 4.45 |
| Foreign Government Bonds | 2.76 |
| Other | 1.73 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 89.00 |
| Cash and Cash Equivalent | 10.65 |
| Technology | 0.07 |
| Financial Services | 0.02 |
| Industrial Goods | 0.02 |
| Other | 0.24 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 95.64 |
| Asia | 1.05 |
| Europe | 0.50 |
| Latin America | 0.10 |
| Africa and Middle East | 0.04 |
| Other | 2.67 |
Top Holdings
| Name | Percent |
|---|---|
| CANADIAN DOLLAR | 9.78 |
| B32708586 CDS USD R V 03MEVENT 1.00% 20-Jun-2031 | 9.65 |
| Canada Housing Trust No 1 3.50% 15-Dec-2034 | 5.71 |
| Canada Government 3.25% 01-Dec-2034 | 3.23 |
| Quebec Province 1.90% 01-Sep-2030 | 2.99 |
| Canada Government 2.75% 01-Mar-2031 | 2.97 |
| Ontario Province 2.55% 02-Dec-2052 | 1.09 |
| Ontario Province 4.65% 02-Jun-2041 | 1.08 |
| Canada Government 1.50% 01-Jun-2031 | 1.03 |
| BANK OF NOVA SCOTIA 4.09% 01-May-2034 | 0.78 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
MD Bond Fund Series A
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 4.81% | 5.95% | 5.04% |
|---|---|---|---|
| Beta | 0.86 | 0.97 | 0.93 |
| Alpha | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.89% | 0.93% | 0.94% |
| Sharpe | 0.02 | -0.48 | -0.17 |
| Sortino | 0.15 | -0.64 | -0.51 |
| Treynor | 0.00 | -0.03 | -0.01 |
| Tax Efficiency | 57.86% | - | - |
| Volatility |
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.86% | 4.81% | 5.95% | 5.04% |
| Beta | 0.88 | 0.86 | 0.97 | 0.93 |
| Alpha | 0.00 | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.99% | 0.89% | 0.93% | 0.94% |
| Sharpe | -0.09 | 0.02 | -0.48 | -0.17 |
| Sortino | -0.36 | 0.15 | -0.64 | -0.51 |
| Treynor | 0.00 | 0.00 | -0.03 | -0.01 |
| Tax Efficiency | 27.07% | 57.86% | - | - |
Fund Details
| Start Date | July 01, 1988 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Restricted |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $92 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MDM010 |
Investment Objectives
The Fund's objectives are to conserve principal and produce income with capital appreciation as a secondary consideration. The Fund invests in a variety of Government of Canada, provincial, municipal, corporate and asset-backed bonds with mid to long terms of maturity. The Fund may also invest in foreign securities.
Investment Strategy
The Fund employs an active, multiple sub-adviser approach seeking to provide capital preservation, as well as elevated income. Using the unique strengths of each sub-adviser, the Fund seeks to deliver excess return (compared to the benchmark) via a combination of income and capital gain, as well as, diversified risk exposures.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P. |
|---|---|
| Sub-Advisor |
Manulife Investment Management (Hong Kong) Limited 1832 Asset Management L.P. Manulife Investment Management (US) LLC Manulife Investment Management Limited |
Management and Organization
| Fund Manager |
MD Financial Management Inc. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
MD Financial Management Inc. |
| Distributor |
MD Management Limited |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 3,000 |
| PAC Subsequent | 1,000 |
| SWP Allowed | Yes |
| SWP Min Balance | 1,000 |
| SWP Min Withdrawal | 0 |
Fees
| MER | 1.00% |
|---|---|
| Management Fee | 0.84% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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