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Canadian Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (10-11-2024) |
$12.01 |
|---|---|
| Change |
$0.02
(0.13%)
|
As at September 30, 2024
As at September 30, 2024
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Inception Return (January 01, 1973): 6.64%
| 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 | 1.78% | 4.45% | 5.20% | 4.02% | 12.42% | 5.30% | -1.01% | -1.65% | -0.10% | 1.30% | 1.23% | 0.68% | 1.26% | 1.42% |
| Benchmark | 1.82% | 4.54% | 5.56% | 4.21% | 12.78% | 5.31% | -0.07% | -1.04% | 0.55% | 2.05% | 2.01% | 1.33% | 1.88% | 2.23% |
| Category Average | 1.83% | 5.22% | 5.22% | 4.06% | 12.45% | 5.34% | -0.65% | -1.17% | 0.24% | 1.47% | 1.33% | 0.84% | 1.30% | 1.40% |
| Category Rank | 501 / 660 | 437 / 647 | 456 / 635 | 467 / 631 | 416 / 626 | 425 / 605 | 514 / 584 | 488 / 550 | 450 / 519 | 389 / 480 | 349 / 445 | 333 / 419 | 267 / 365 | 247 / 330 |
| Quartile Ranking | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.18% | 4.24% | 3.49% | -1.30% | -0.35% | 0.53% | -2.05% | 1.71% | 1.09% | 2.24% | 0.37% | 1.78% |
| Benchmark | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% | 1.82% |
9.56% (November 1981)
-5.39% (July 1981)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.01% | 1.19% | 2.35% | 1.90% | -0.07% | 6.74% | 8.26% | -3.52% | -13.03% | 6.27% |
| 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 | 3 | 4 | 2 | 3 | 4 | 2 | 3 | 4 | 4 | 3 |
| Category Rank | 204/ 317 | 309/ 347 | 119/ 381 | 223/ 426 | 367/ 452 | 183/ 500 | 325/ 530 | 499/ 561 | 540/ 590 | 383/ 606 |
8.26% (2020)
-13.03% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 40.09 |
| Canadian Government Bonds | 39.42 |
| Foreign Corporate Bonds | 5.58 |
| Cash and Equivalents | 4.12 |
| Mortgages | 4.08 |
| Other | 6.71 |
| Name | Percent |
|---|---|
| Fixed Income | 94.15 |
| Cash and Cash Equivalent | 4.12 |
| Mutual Fund | 1.72 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| North America | 98.12 |
| Asia | 0.89 |
| Europe | 0.71 |
| Latin America | 0.28 |
| Name | Percent |
|---|---|
| Canada Government 3.00% 01-Jun-2034 | 3.10 |
| Ontario Province 2.90% 02-Dec-2046 | 2.02 |
| ACM Commercial Mortgage Fund Class F | 1.72 |
| Ontario Province 4.60% 02-Jun-2039 | 1.57 |
| Canada Government 1.75% 01-Dec-2053 | 1.45 |
| Ontario Province 4.60% 02-Dec-2055 | 1.42 |
| Ontario Province 3.75% 02-Dec-2053 | 1.41 |
| Ontario Province 4.15% 02-Jun-2034 | 1.34 |
| Canada Government 2.75% 01-Dec-2055 | 1.30 |
| Canada Government 1.50% 01-Jun-2031 | 1.07 |
Renaissance Canadian Bond Fund Class A
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.46% | 6.82% | 5.50% |
|---|---|---|---|
| Beta | 1.03% | 1.04% | 1.00% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.95% | 0.95% | 0.94% |
| Sharpe | -0.55% | -0.31% | 0.00% |
| Sortino | -0.66% | -0.55% | -0.35% |
| Treynor | -0.04% | -0.02% | 0.00% |
| Tax Efficiency | - | - | 38.74% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.36% | 7.46% | 6.82% | 5.50% |
| Beta | 0.88% | 1.03% | 1.04% | 1.00% |
| Alpha | 0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.84% | 0.95% | 0.95% | 0.94% |
| Sharpe | 1.14% | -0.55% | -0.31% | 0.00% |
| Sortino | 3.16% | -0.66% | -0.55% | -0.35% |
| Treynor | 0.08% | -0.04% | -0.02% | 0.00% |
| Tax Efficiency | 89.66% | - | - | 38.74% |
| Start Date | January 01, 1973 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,064 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL1022 | ||
| ATL1122 | ||
| ATL2122 |
The Fund's objective is to obtain a high level of current income consistent with preservation of capital through investment primarily in bonds, debentures, notes, and other debt instruments of Canadian governments, financial institutions, and corporations. 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 its portfolio based primarily on two considerations: average term-to-maturity and security selection. With respect to the former, the term-to-maturity of the Fund is adjusted to reflect the Portfolio Advisor’s interest rate outlook (short average term if rates are expected to rise and long average term if rates are expected to fall).
| Name | Start Date |
|---|---|
| John W. Braive | 12-16-2020 |
| Patrick O'Toole | 12-16-2020 |
| 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 | 1.25% |
|---|---|
| Management Fee | 1.00% |
| 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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