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MD Bond Fund Series A

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Canadian Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(12-20-2024) 		$6.94
Change
$0.02 (0.29%)

As at November 30, 2024

As at November 30, 2024

Period
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Legend

MD Bond Fund Series A

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Fund Returns

Inception Return (July 01, 1988): 5.51%

Fund Returns
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 1.08% 1.34% 5.03% 3.57% 6.52% 4.25% -0.21% -1.21% 0.24% 1.61% 1.16% 1.24% 1.43% 1.48%
Benchmark 1.51% 2.25% 8.10% 4.64% 8.22% 4.86% 0.01% -0.96% 0.66% 2.03% 1.69% 1.78% 1.96% 2.06%
Category Average 1.56% 2.28% 6.05% 4.52% 8.27% 4.63% -0.37% -1.20% 0.30% 1.59% 1.12% 1.23% 1.37% 1.30%
Category Rank 612 / 666 639 / 659 594 / 639 603 / 630 601 / 628 523 / 605 379 / 589 378 / 560 375 / 528 333 / 490 313 / 446 292 / 422 249 / 372 213 / 343
Quartile Ranking 4 4 4 4 4 4 3 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 2.85% -0.75% -0.65% 0.40% -1.84% 1.46% 1.10% 2.12% 0.39% 1.77% -1.50% 1.08%
Benchmark 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07% 1.51%

Best Monthly Return Since Inception

4.81% (July 1992)

Worst Monthly Return Since Inception

-4.65% (March 1994)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.91% 2.10% 1.73% 1.86% -0.15% 6.33% 7.90% -3.13% -11.03% 6.46%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average 7.06% 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16%
Quartile Ranking 2 3 3 3 4 3 3 4 1 3
Category Rank 109/ 315 209/ 345 202/ 379 233/ 425 374/ 451 260/ 499 396/ 529 421/ 560 119/ 590 324/ 605

Best Calendar Return (Last 10 years)

7.91% (2014)

Worst Calendar Return (Last 10 years)

-11.03% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 54.95
Canadian Corporate Bonds 24.98
Cash and Equivalents 7.70
Foreign Corporate Bonds 5.64
Foreign Government Bonds 4.47
Other 2.26

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.14
Cash and Cash Equivalent 7.70
Other 0.16

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.87
Asia 1.91
Europe 1.15
Latin America 0.14
Africa and Middle East 0.07
Other 0.86

Top Holdings

Top Holdings
Name Percent
Canada Housing Trust No 1 4.15% 15-Jun-2033 6.67
Canada Government 2.75% 01-Jun-2033 5.84
Ontario Province 2.70% 02-Jun-2029 4.03
Quebec Province 1.90% 01-Sep-2030 3.92
Ontario Province 2.60% 02-Jun-2025 3.20
B74408940 CDS USD R V 03MEVENT 1.00% 20-Dec-2029 3.09
Canada Government 5.00% 01-Jun-2037 2.41
Canada Housing Trust No 1 3.55% 15-Sep-2032 2.35
Canada Housing Trust No 1 3.65% 15-Jun-2033 2.30
Alberta Province 2.05% 01-Jun-2030 2.28

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

MD Bond Fund Series A

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.25% 6.28% 5.15%
Beta 0.99% 0.94% 0.93%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.93% 0.93% 0.94%
Sharpe -0.48% -0.30% 0.00%
Sortino -0.56% -0.56% -0.38%
Treynor -0.04% -0.02% 0.00%
Tax Efficiency - - 20.91%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.09% 7.25% 6.28% 5.15%
Beta 0.76% 0.99% 0.94% 0.93%
Alpha 0.00% 0.00% 0.00% 0.00%
Rsquared 0.80% 0.93% 0.93% 0.94%
Sharpe 0.38% -0.48% -0.30% 0.00%
Sortino 1.14% -0.56% -0.56% -0.38%
Treynor 0.03% -0.04% -0.02% 0.00%
Tax Efficiency 78.51% - - 20.91%

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) $139

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 Manager(s)

Name Start Date
Manulife Investment Management (Hong Kong) Limited 12-10-2020
1832 Asset Management L.P. 01-01-2022
Manulife Investment Management Limited 05-30-2023
Manulife Investment Management (US) LLC 05-30-2023

Management and Organization

Fund Manager MD Financial Management Inc.
Advisor 1832 Asset Management L.P.
Custodian State Street Trust Company Canada
Registrar MD Financial Management Inc.
Distributor MD Financial Management
Auditor KPMG LLP

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) 0.00%
Trailer Fee Max (LL) -

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