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Cdn Short Term Fixed Inc
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|
NAVPS (07-25-2024) |
$9.25 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at June 30, 2024
As at April 30, 2024
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Inception Return (January 25, 2010): 1.12%
| 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% | 0.94% | 1.16% | 1.16% | 5.28% | 3.27% | 0.17% | 0.34% | 1.04% | 1.33% | 1.02% | 0.79% | 0.76% | 0.88% |
| Benchmark | 0.79% | 1.25% | 1.70% | 1.70% | 5.74% | 3.40% | 0.69% | 0.68% | 1.40% | 1.82% | 1.62% | 1.45% | 1.45% | 1.64% |
| Category Average | 0.67% | 1.62% | 1.62% | 1.62% | 5.28% | 3.29% | 0.46% | 0.72% | 1.13% | 1.45% | 1.24% | 1.12% | 1.05% | 1.09% |
| Category Rank | 110 / 320 | 279 / 316 | 264 / 287 | 264 / 287 | 193 / 281 | 185 / 265 | 185 / 249 | 176 / 234 | 158 / 227 | 155 / 215 | 159 / 202 | 152 / 185 | 141 / 171 | 128 / 160 |
| Quartile Ranking | 2 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 4 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.00% | 0.25% | -0.47% | 0.71% | 1.81% | 1.72% | -0.18% | -0.01% | 0.42% | -0.64% | 0.86% | 0.73% |
| Benchmark | -0.08% | 0.39% | -0.32% | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% |
1.81% (November 2023)
-1.72% (March 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.66% | 1.18% | 0.12% | -0.96% | 0.14% | 2.62% | 5.55% | -1.36% | -4.87% | 5.02% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 4 | 3 | 4 | 4 | 4 | 3 | 2 | 3 | 3 | 3 |
| Category Rank | 114/ 145 | 99/ 166 | 154/ 179 | 178/ 187 | 185/ 207 | 157/ 223 | 59/ 233 | 175/ 239 | 182/ 253 | 144/ 267 |
5.55% (2020)
-4.87% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 60.13 |
| Canadian Government Bonds | 31.18 |
| Cash and Equivalents | 6.85 |
| Foreign Corporate Bonds | 1.05 |
| Mortgages | 0.47 |
| Other | 0.32 |
| Name | Percent |
|---|---|
| Fixed Income | 92.85 |
| Cash and Cash Equivalent | 6.86 |
| Financial Services | 0.28 |
| Consumer Goods | 0.01 |
| Utilities | 0.00 |
| Name | Percent |
|---|---|
| North America | 99.97 |
| Europe | 0.01 |
| Latin America | 0.00 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Canada Government 3.25% 01-Sep-2028 | 8.51 |
| Ontario Province 3.60% 08-Mar-2028 | 7.46 |
| Quebec Province 2.75% 01-Sep-2028 | 4.42 |
| Ontario Province 3.40% 08-Sep-2028 | 3.25 |
| Canada Housing Trust No 1 2.25% 15-Dec-2025 | 2.77 |
| Hydro One Inc 4.91% 27-Dec-2027 | 2.72 |
| Altalink LP 2.75% 28-Feb-2026 | 2.65 |
| Apple Inc 2.51% 12-Jul-2024 | 2.46 |
| National Bank of Canada 1.57% 18-Aug-2025 | 2.18 |
| Royal Bank of Canada 5.01% 01-Feb-2028 | 1.84 |
Counsel Short Term Bond Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 2.85% | 2.50% | 2.02% |
|---|---|---|---|
| Beta | 1.01% | 1.03% | 1.00% |
| Alpha | -0.01% | 0.00% | -0.01% |
| Rsquared | 0.94% | 0.91% | 0.91% |
| Sharpe | -0.98% | -0.41% | -0.29% |
| Sortino | -1.17% | -0.96% | -1.24% |
| Treynor | -0.03% | -0.01% | -0.01% |
| Tax Efficiency | - | 20.21% | 8.13% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.70% | 2.85% | 2.50% | 2.02% |
| Beta | 1.14% | 1.01% | 1.03% | 1.00% |
| Alpha | -0.01% | -0.01% | 0.00% | -0.01% |
| Rsquared | 0.99% | 0.94% | 0.91% | 0.91% |
| Sharpe | 0.12% | -0.98% | -0.41% | -0.29% |
| Sortino | 1.71% | -1.17% | -0.96% | -1.24% |
| Treynor | 0.00% | -0.03% | -0.01% | -0.01% |
| Tax Efficiency | 76.33% | - | 20.21% | 8.13% |
| Start Date | January 25, 2010 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $80 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CGF139 | ||
| CGF239 | ||
| CGF339 |
Counsel Short Term Bond seeks to achieve a moderate level of income while preserving investment capital and liquidity. The Fund invests, either directly or through securities of other mutual funds, in a diversified portfolio of primarily Canadian fixed-income securities.
The Fund seeks to maximize income while also preserving investment capital and liquidity by investing primarily in debt obligations issued or guaranteed by the Canadian federal, provincial, municipal governments, or any agency of such governments, as well as debt obligations of corporations. The Fund’s investments are expected to have a weighted average credit quality of “BBB-” or higher, as rated by DBRS or an equivalent rating from another recognized credit rating organization.
| Name | Start Date |
|---|---|
| Counsel Portfolio Services Inc. | 01-14-2010 |
| Mackenzie Financial Corporation | 01-14-2010 |
| Fund Manager | Counsel Portfolio Services Inc. |
|---|---|
| Advisor | Counsel Portfolio Services Inc. |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | IPC Investment Corporation |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 0 |
| MER | 1.22% |
|---|---|
| Management Fee | 0.95% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 4.00% |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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