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Invesco Canadian Core Plus Bond Fund Series A

Canadian Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(10-08-2024)
$5.32
Change
$0.00 (0.06%)

As at September 30, 2024

As at August 31, 2024

Period
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Legend

Invesco Canadian Core Plus Bond Fund Series A

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Fund Returns

Inception Return (December 05, 1994): 4.58%

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 1.95% 4.30% 5.16% 4.33% 13.67% 6.26% -1.38% -1.15% 0.39% 1.90% 1.79% 1.08% 1.54% 1.74%
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 155 / 660 536 / 647 476 / 635 357 / 631 120 / 626 155 / 605 567 / 584 353 / 550 311 / 519 236 / 480 218 / 445 240 / 419 204 / 365 180 / 330
Quartile Ranking 1 4 3 3 1 2 4 3 3 2 2 3 3 3

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.06% 4.87% 3.83% -1.23% -0.09% 0.54% -1.82% 1.75% 0.93% 2.05% 0.25% 1.95%
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%

Best Monthly Return Since Inception

5.77% (April 2020)

Worst Monthly Return Since Inception

-8.27% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.79% 1.84% 0.97% 2.05% -1.13% 10.37% 9.34% -2.11% -15.46% 7.58%
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 3 4 2 4 1 1 2 4 1
Category Rank 227/ 317 237/ 347 307/ 381 186/ 426 439/ 452 3/ 500 116/ 530 168/ 561 585/ 590 75/ 606

Best Calendar Return (Last 10 years)

10.37% (2019)

Worst Calendar Return (Last 10 years)

-15.46% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 48.23
Canadian Government Bonds 29.12
Foreign Corporate Bonds 14.69
Foreign Government Bonds 2.20
Cash and Equivalents 1.94
Other 3.82

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 96.84
Cash and Cash Equivalent 1.94
Financial Services 1.22

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.42
Africa and Middle East 1.26
Latin America 0.91
Europe 0.41

Top Holdings

Top Holdings
Name Percent
Invesco Canadian Core Plus Bond Fund Series PTF 4.78
Manitoba Province 3.40% 05-Sep-2048 3.07
Alberta Province 3.05% 01-Dec-2048 2.29
Toronto City 5.20% 01-Jun-2040 2.29
Saskatchewan Province 3.40% 03-Feb-2042 2.01
Toronto City - Debenture 1.89
Saskatchewan Province 3.30% 02-Jun-2048 1.79
Saskatchewan Province 3.10% 02-Jun-2050 1.40
Montreal City 2.40% 01-Dec-2041 1.39
Ontario Province 4.15% 02-Dec-2054 1.15

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Invesco Canadian Core Plus Bond Fund Series A

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 8.25% 8.42% 6.49%
Beta 1.11% 1.18% 1.09%
Alpha -0.01% 0.00% -0.01%
Rsquared 0.88% 0.81% 0.81%
Sharpe -0.53% -0.18% 0.06%
Sortino -0.66% -0.36% -0.22%
Treynor -0.04% -0.01% 0.00%
Tax Efficiency - - 33.52%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.70% 8.25% 8.42% 6.49%
Beta 0.91% 1.11% 1.18% 1.09%
Alpha 0.02% -0.01% 0.00% -0.01%
Rsquared 0.81% 0.88% 0.81% 0.81%
Sharpe 1.25% -0.53% -0.18% 0.06%
Sortino 3.92% -0.66% -0.36% -0.22%
Treynor 0.09% -0.04% -0.01% 0.00%
Tax Efficiency 85.84% - - 33.52%

Fund Details

Start Date December 05, 1994
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $346

Fund Codes

FundServ Code Load Code Sales Status
AIM1651
AIM1653
AIM1655
AIM1659

Investment Objectives

Invesco Canadian Core Plus Bond Fund seeks to provide above-average investment returns through a combination of income and capital growth. The Fund invests primarily in debt securities issued by Canadian federal, provincial or municipal governments and companies. The investment objectives of the Fund cannot be changed without the approval of a majority of the investors at a meeting called to consider the change.

Investment Strategy

To achieve these objectives, the portfolio management team invests primarily in debt securities that are rated investment grade. The portfolio management team carries out in-depth research to look for debt securities across various maturities whose fundamental values are not reflected in their credit ratings and prices, and which offer attractive opportunities relative to risk. There is no attempt to mirror the composition of the Fund’s benchmark bond index.

Portfolio Manager(s)

Name Start Date
Michael Hyman 11-07-2016
Todd Schomberg 03-29-2018
Matthew Brill 03-29-2018
Invesco Asset Management Limited 12-07-2020
Invesco Advisers Inc. 03-09-2021

Management and Organization

Fund Manager Invesco Canada Ltd.
Advisor Invesco Canada Ltd.
Custodian CIBC Mellon Trust Company
Registrar Invesco Canada Ltd.
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.44%
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) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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