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High Yield Fixed Income
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|
NAVPS (10-10-2024) |
$8.39 |
|---|---|
| Change |
$0.00
(-0.03%)
|
As at September 30, 2024
As at July 31, 2024
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Inception Return (July 28, 2008): 3.94%
| 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 | 1.29% | 3.95% | 4.75% | 5.87% | 11.75% | 9.31% | 0.41% | 2.27% | 1.71% | 1.97% | 1.79% | 2.29% | 2.96% | 2.25% |
| Benchmark | 2.00% | 4.50% | 6.96% | 11.39% | 16.92% | 13.88% | 3.99% | 4.21% | 4.33% | 4.99% | 4.94% | 4.89% | 5.51% | 6.30% |
| Category Average | 1.23% | 5.02% | 5.02% | 6.67% | 12.65% | 9.09% | 1.37% | 3.08% | 2.89% | 3.06% | 2.83% | 3.11% | 3.64% | 3.00% |
| Category Rank | 114 / 305 | 142 / 304 | 216 / 303 | 253 / 303 | 244 / 301 | 183 / 297 | 253 / 288 | 230 / 275 | 243 / 271 | 224 / 256 | 205 / 237 | 188 / 222 | 174 / 194 | 164 / 183 |
| Quartile Ranking | 2 | 2 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.75% | 4.16% | 3.13% | 0.05% | -0.04% | 1.06% | -1.12% | 0.88% | 1.02% | 1.38% | 1.23% | 1.29% |
| Benchmark | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% |
7.68% (April 2009)
-17.36% (October 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.78% | -5.60% | 12.96% | 4.76% | -5.13% | 11.58% | 2.33% | 3.35% | -13.10% | 9.50% |
| Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
| Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
| Quartile Ranking | 4 | 4 | 2 | 3 | 4 | 2 | 4 | 3 | 4 | 2 |
| Category Rank | 139/ 172 | 155/ 184 | 93/ 200 | 119/ 228 | 212/ 239 | 90/ 264 | 210/ 274 | 170/ 279 | 267/ 288 | 140/ 297 |
12.96% (2016)
-13.10% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 91.92 |
| Cash and Equivalents | 7.16 |
| US Equity | 0.96 |
| Canadian Equity | 0.12 |
| Derivatives | -0.15 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Fixed Income | 91.92 |
| Cash and Cash Equivalent | 7.15 |
| Energy | 0.43 |
| Financial Services | 0.23 |
| Industrial Services | 0.12 |
| Other | 0.15 |
| Name | Percent |
|---|---|
| North America | 98.26 |
| Europe | 2.66 |
| Other | -0.92 |
| Name | Percent |
|---|---|
| United States Treasury - Disc #1390 | 3.94 |
| Occidental Petroleum Corp 6.20% 15-Mar-2040 | 0.80 |
| Tenet Healthcare Corp 6.13% 15-Jun-2030 | 0.63 |
| Endeavor Energy Resources LP 5.75% 10-Sep-2024 | 0.63 |
| Jefferson Capital Holdings LLC 9.50% 15-Feb-2029 | 0.62 |
| Carnival Corp 5.75% 01-Mar-2027 | 0.62 |
| Wynn Resorts Finance LLC 7.13% 15-Feb-2031 | 0.60 |
| Southwestern Energy Co 5.38% 01-Feb-2029 | 0.57 |
| Kedrion SpA 6.50% 01-Sep-2029 | 0.56 |
| Mcafee Corp 7.38% 15-Feb-2030 | 0.56 |
IG Putnam U.S. High Yield Income Fund Series C
Median
Other - High Yield Fixed Income
| Standard Deviation | 8.25% | 9.18% | 7.41% |
|---|---|---|---|
| Beta | 0.80% | 0.98% | 0.57% |
| Alpha | -0.03% | -0.02% | -0.01% |
| Rsquared | 0.46% | 0.59% | 0.29% |
| Sharpe | -0.32% | -0.01% | 0.13% |
| Sortino | -0.35% | -0.12% | -0.08% |
| Treynor | -0.03% | 0.00% | 0.02% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.61% | 8.25% | 9.18% | 7.41% |
| Beta | 0.31% | 0.80% | 0.98% | 0.57% |
| Alpha | 0.06% | -0.03% | -0.02% | -0.01% |
| Rsquared | 0.04% | 0.46% | 0.59% | 0.29% |
| Sharpe | 1.17% | -0.32% | -0.01% | 0.13% |
| Sortino | 3.39% | -0.35% | -0.12% | -0.08% |
| Treynor | 0.21% | -0.03% | 0.00% | 0.02% |
| Tax Efficiency | 79.85% | - | - | - |
| Start Date | July 28, 2008 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $115 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI612 | ||
| IGI613 |
The Fund aims to provide a high level of current income and the potential for moderate capital appreciation by investing primarily in U.S. high yielding investments.
The Fund invests primarily in U.S. high yield securities (including, but not limited to, non-investment grade bonds, debentures, convertible securities, asset-backed securities, and notes). The Fund seeks to diversify by industry and company and may also invest in securities of issuers outside the United States. The Fund intends to limit foreign currency risk by hedging foreign currency exposure back to Canadian dollars.
| Name | Start Date |
|---|---|
| I.G. Investment Management, Ltd. | 07-28-2008 |
| Robert Salvin | 02-02-2021 |
| Norman Boucher | 02-02-2021 |
| The Putnam Advisory Company LLC | 05-03-2023 |
| Fund Manager | I.G. Investment Management, Ltd. |
|---|---|
| Advisor | I.G. Investment Management, Ltd. |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | I.G. Investment Management, Ltd. |
| Distributor | Investors Group Financial Services Inc. |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.15% |
|---|---|
| Management Fee | 1.75% |
| Load | Choice of Front or Back |
| FE Max | - |
| DSC Max | 1.50% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.70% |
| Trailer Fee Max (NL) | 0.70% |
| Trailer Fee Max (LL) | - |
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