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Cdn Corp Fixed Income
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2017, 2014, 2013
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|
NAVPS (05-01-2024) |
$8.75 |
|---|---|
| Change |
$0.03
(0.31%)
|
As at March 31, 2024
As at March 31, 2024
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Inception Return (November 18, 2009): 2.81%
| 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 | 0.73% | 0.63% | 7.69% | 0.63% | 5.41% | 1.91% | -0.29% | 2.27% | 1.20% | 1.69% | 1.56% | 2.14% | 1.69% | 2.02% |
| Benchmark | 0.60% | 0.15% | 7.80% | 0.15% | 5.72% | 2.15% | 0.01% | 1.81% | 1.63% | 2.14% | 2.11% | 2.35% | 2.15% | 2.74% |
| Category Average | 0.58% | 7.54% | 7.54% | 0.14% | 4.99% | 1.50% | -0.75% | 1.55% | 1.09% | 1.47% | - | - | - | - |
| Category Rank | 22 / 98 | 19 / 98 | 49 / 98 | 19 / 98 | 44 / 98 | 48 / 88 | 43 / 83 | 28 / 78 | 46 / 75 | 43 / 72 | 39 / 67 | 29 / 63 | 32 / 55 | 31 / 55 |
| Quartile Ranking | 1 | 1 | 2 | 1 | 2 | 3 | 3 | 2 | 3 | 3 | 3 | 2 | 3 | 3 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.05% | -1.27% | 0.19% | -0.29% | -0.02% | -1.78% | 0.16% | 3.64% | 3.08% | -0.30% | 0.20% | 0.73% |
| Benchmark | 1.34% | -1.31% | 0.19% | -0.36% | -0.02% | -1.75% | 0.45% | 3.64% | 3.39% | -0.70% | 0.25% | 0.60% |
4.09% (April 2020)
-8.08% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.93% | -0.05% | 5.10% | 3.07% | -0.54% | 8.14% | 6.42% | -0.45% | -10.81% | 8.03% |
| Benchmark | 7.44% | 2.74% | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% |
| Category Average | - | - | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% |
| Quartile Ranking | 4 | 4 | 1 | 2 | 3 | 2 | 4 | 1 | 3 | 2 |
| Category Rank | 47/ 55 | 45/ 55 | 11/ 60 | 26/ 66 | 49/ 68 | 28/ 74 | 74/ 75 | 17/ 81 | 62/ 87 | 43/ 94 |
8.14% (2019)
-10.81% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 70.46 |
| Foreign Corporate Bonds | 18.11 |
| Cash and Equivalents | 7.09 |
| Foreign Government Bonds | 1.81 |
| Canadian Bonds - Other | 1.28 |
| Other | 1.25 |
| Name | Percent |
|---|---|
| Fixed Income | 92.90 |
| Cash and Cash Equivalent | 7.09 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| North America | 99.97 |
| Europe | 0.01 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 3.38 |
| Canada Government 2.75% 01-Aug-2024 | 2.58 |
| Bank of America Corp 3.62% 16-Mar-2027 | 1.91 |
| United States Treasury 2.88% 15-May-2043 | 1.81 |
| Athene Global Funding 2.47% 09-Jun-2028 | 1.74 |
| Original Wempi Inc 7.79% 04-Oct-2027 | 1.59 |
| Teranet Holdings LP 5.75% 17-Dec-2040 | 1.40 |
| SmartCentres REIT 3.65% 11-Dec-2030 | 1.25 |
| Brookfield Infra Finance ULC 4.19% 11-Jun-2028 | 1.22 |
| Enbridge Inc 7.20% 18-Jun-2032 | 1.18 |
Renaissance Corporate Bond Fund Class A
Median
Other - Cdn Corp Fixed Income
| Standard Deviation | 6.24% | 6.76% | 5.19% |
|---|---|---|---|
| Beta | 1.06% | 1.04% | 1.00% |
| Alpha | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.94% | 0.93% | 0.90% |
| Sharpe | -0.44% | -0.07% | 0.15% |
| Sortino | -0.67% | -0.30% | -0.22% |
| Treynor | -0.03% | 0.00% | 0.01% |
| Tax Efficiency | - | - | 34.51% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.43% | 6.24% | 6.76% | 5.19% |
| Beta | 0.94% | 1.06% | 1.04% | 1.00% |
| Alpha | 0.00% | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.99% | 0.94% | 0.93% | 0.90% |
| Sharpe | 0.12% | -0.44% | -0.07% | 0.15% |
| Sortino | 0.90% | -0.67% | -0.30% | -0.22% |
| Treynor | 0.01% | -0.03% | 0.00% | 0.01% |
| Tax Efficiency | 73.74% | - | - | 34.51% |
| Start Date | November 18, 2009 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $4,824 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL1002 | ||
| ATL1102 | ||
| ATL2102 |
To obtain a high level of current income by investing primarily in bonds, debentures, notes, and other debt instruments of Canadian issuers. We will not change the Fund’s fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders.
To achieve its investment objectives, the Fund: intends to position the portfolio based primarily on security selection, sector allocation, and average term-to-maturity. Assets are allocated to those securities and sectors of the corporate bond market that are expected to outperform; undertakes a bottom-up analysis of corporate bond issuers combined with top-down analysis of an industry’s potential in a given economic environment.
| Name | Start Date |
|---|---|
| Patrick O'Toole | 11-20-2009 |
| Jeffrey M. Waldman | 11-20-2009 |
| Fund Manager | CIBC Asset Management Inc. |
|---|---|
| Advisor | CIBC Asset Management Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Asset Management Inc. |
| Distributor | - |
| Auditor | Ernst & Young LLP, Chartered Accountants |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.07% |
|---|---|
| Management Fee | 1.15% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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