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Tradex Bond Fund

Canadian Fix Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(04-16-2024)
-
Change -

As at March 31, 2024

Period
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Legend

Tradex Bond Fund

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Fund Returns

Inception Return (September 22, 1989): 5.26%

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 0.61% 1.16% 8.23% 1.16% 4.78% -0.07% 0.59% 4.20% 2.29% 2.06% 1.98% 2.75% 2.46% 2.77%
Benchmark 1.39% 0.66% 8.93% 0.66% 4.90% 0.98% 1.16% 3.50% 2.76% 3.30% 3.07% 3.37% 2.86% 3.53%
Category Average 1.32% 9.28% 9.28% 1.80% 5.85% 1.44% 1.04% 3.71% 2.41% 2.60% 2.45% 2.80% 2.28% 2.78%
Category Rank 418 / 419 344 / 418 338 / 416 344 / 418 321 / 416 384 / 408 260 / 375 161 / 352 212 / 335 232 / 302 216 / 286 164 / 271 140 / 252 157 / 243
Quartile Ranking 4 4 4 4 4 4 3 2 3 4 4 3 3 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.04% -2.60% 1.10% -0.11% -0.60% -1.99% -0.79% 5.03% 2.68% 0.34% 0.20% 0.61%
Benchmark 1.40% -2.45% 0.81% -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39%

Best Monthly Return Since Inception

5.08% (September 1998)

Worst Monthly Return Since Inception

-7.52% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.08% 0.51% 7.08% 5.28% -3.08% 5.33% 6.89% 6.84% -10.55% 6.35%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking 4 4 1 1 4 4 3 1 3 4
Category Rank 191/ 236 216/ 252 31/ 262 67/ 285 241/ 298 319/ 322 195/ 351 31/ 374 253/ 390 328/ 414

Best Calendar Return (Last 10 years)

7.08% (2016)

Worst Calendar Return (Last 10 years)

-10.55% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Tradex Bond Fund

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 6.62% 6.90% 5.29%
Beta 0.84% 0.88% 0.83%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.92% 0.89% 0.85%
Sharpe -0.27% 0.08% 0.28%
Sortino -0.46% -0.10% -0.03%
Treynor -0.02% 0.01% 0.02%
Tax Efficiency - 58.57% 61.03%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.01% 6.62% 6.90% 5.29%
Beta 0.87% 0.84% 0.88% 0.83%
Alpha 0.00% 0.00% 0.00% 0.00%
Rsquared 0.93% 0.92% 0.89% 0.85%
Sharpe 0.02% -0.27% 0.08% 0.28%
Sortino 0.49% -0.46% -0.10% -0.03%
Treynor 0.00% -0.02% 0.01% 0.02%
Tax Efficiency 83.17% - 58.57% 61.03%

Fund Details

Start Date September 22, 1989
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Restricted
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $23

Fund Codes

FundServ Code Load Code Sales Status
TMI002

Investment Objectives

To achieve a combination of income and long-term capital preservation by investing primarily in a diversified portfolio of investment grade Canadian bonds. In addition, up to 30 percent of the portfolio may be invested in income producing equity securities, such as common shares of Canadian companies that pay dividends, real estate investment trusts, preferred shares and income trusts.

Investment Strategy

The portfolio manager utilizes interest rate anticipation, credit sector and security selection strategies in the context of a long term, bottom–up, value-oriented approach. The approach for fixed income securities is conservative in nature and is based upon an overall forecast derived from both macroeconomic and technical analysis with the selection of bonds based upon optimal risk/return characteristics.

Portfolio Manager(s)

Name Start Date
Stephen P Copeland 04-01-2011
Robert J. Head 04-01-2011

Management and Organization

Fund Manager Tradex Management Inc.
Advisor Foyston, Gordon and Payne, Inc.
Custodian RBC Investor Services Trust
Registrar RBC Investor Services Trust
Distributor Tradex Management Inc.
Auditor PricewaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 1,000
SWP Min Withdrawal 100

Fees

MER 1.06%
Management Fee 0.60%
Load Front Fee Only
FE Max 2.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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