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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
(05-29-2025)
$11.61
Change
$0.02 (0.18%)

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2000Jan 2002Jan 2004Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020$5,000$10,000$15,000$20,000$25,000$30,000$35,000$9,000$9,500$10,500$11,000$11,500Period

Legend

Tradex Bond Fund

Compare Options


Fund Returns

Inception Return (September 22, 1989): 5.30%

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 -1.09% -1.41% 1.49% -0.22% 8.02% 5.42% 3.62% 1.96% 3.86% 3.00% 2.87% 2.53% 3.17% 2.95%
Benchmark -0.60% -0.44% 2.76% 1.26% 11.11% 6.18% 4.84% 2.90% 3.46% 3.66% 4.13% 3.63% 3.87% 3.51%
Category Average -1.05% -1.59% 1.43% 0.25% 8.74% 5.59% 4.41% 2.24% 3.35% 2.95% 3.22% 2.79% 3.21% 2.78%
Category Rank 233 / 395 200 / 395 226 / 395 344 / 395 298 / 393 247 / 390 326 / 386 240 / 357 147 / 334 186 / 317 209 / 286 187 / 271 164 / 256 139 / 236
Quartile Ranking 3 3 3 4 4 3 4 3 2 3 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%4%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.73% 0.35% 2.38% 0.69% 1.68% -0.52% 2.32% -0.60% 1.20% 0.77% -1.08% -1.09%
Benchmark 0.69% 1.88% 3.07% 0.70% 2.15% -0.59% 2.72% -1.20% 1.71% 0.76% -0.59% -0.60%

Best Monthly Return Since Inception

5.08% (September 1998)

Worst Monthly Return Since Inception

-7.52% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.51% 7.08% 5.28% -3.08% 5.33% 6.89% 6.84% -10.55% 6.35% 8.64%
Benchmark 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79% 8.33%
Category Average 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21% 8.35%
Quartile Ranking 4 1 1 4 4 3 1 3 4 2
Category Rank 204/ 236 30/ 246 63/ 269 230/ 282 300/ 303 188/ 333 26/ 356 240/ 370 318/ 388 193/ 392

Best Calendar Return (Last 10 years)

8.64% (2024)

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return567891011120%2%4%6%8%10%

Tradex Bond Fund

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 6.44% 5.96% 5.42%
Beta 0.83% 0.84% 0.84%
Alpha 0.00% 0.01% 0.00%
Rsquared 0.91% 0.88% 0.85%
Sharpe -0.02% 0.26% 0.25%
Sortino 0.18% 0.24% 0.01%
Treynor 0.00% 0.02% 0.02%
Tax Efficiency 73.29% 74.96% 64.38%
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 4.36% 6.44% 5.96% 5.42%
Beta 0.78% 0.83% 0.84% 0.84%
Alpha -0.01% 0.00% 0.01% 0.00%
Rsquared 0.79% 0.91% 0.88% 0.85%
Sharpe 0.94% -0.02% 0.26% 0.25%
Sortino 2.18% 0.18% 0.24% 0.01%
Treynor 0.05% 0.00% 0.02% 0.02%
Tax Efficiency 89.57% 73.29% 74.96% 64.38%

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) $26

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 Management

Portfolio Manager

Foyston, Gordon and Payne, Inc.

  • Robert J. Head
  • Stephen P Copeland
Sub-Advisor

-

Management and Organization

Fund Manager

Tradex Management Inc.

Custodian

RBC Investor Services Trust

Registrar

RBC Investor Services Trust

Distributor

Tradex Management Inc.

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 1.09%
Management Fee 0.60%
Load Back 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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