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Canadian Fixed Income
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|
NAVPS (10-22-2024) |
$10.90 |
|---|---|
| Change |
$0.01
(0.09%)
|
As at September 30, 2024
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Inception Return (June 29, 2018): 2.11%
| 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 | 1.90% | 4.32% | 5.90% | 5.61% | 13.78% | 5.43% | -0.62% | -0.49% | 0.75% | 2.32% | - | - | - | - |
| 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 | 1.80% | 5.19% | 5.19% | 4.02% | 12.41% | 5.32% | -0.66% | -1.18% | 0.24% | 1.46% | 1.32% | 0.83% | 1.29% | 1.40% |
| Category Rank | 277 / 660 | 522 / 647 | 62 / 635 | 32 / 631 | 108 / 626 | 385 / 605 | 402 / 584 | 173 / 550 | 201 / 519 | 126 / 480 | - | - | - | - |
| Quartile Ranking | 2 | 4 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 2 | - | - | - | - |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.00% | 4.02% | 3.58% | -0.97% | 0.17% | 0.52% | -1.36% | 1.73% | 1.16% | 2.09% | 0.28% | 1.90% |
| 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% |
4.02% (November 2023)
-3.29% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 8.53% | 7.92% | -0.38% | -13.83% | 6.66% |
| 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 | - | - | - | - | - | 1 | 3 | 1 | 4 | 2 |
| Category Rank | - | - | - | - | - | 17/ 500 | 390/ 530 | 31/ 561 | 573/ 590 | 266/ 606 |
8.53% (2019)
-13.83% (2022)
Ridgewood Canadian Bond Fund Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 6.56% | 5.90% | - |
|---|---|---|---|
| Beta | 0.89% | 0.88% | - |
| Alpha | -0.01% | 0.00% | - |
| Rsquared | 0.91% | 0.91% | - |
| Sharpe | -0.57% | -0.22% | - |
| Sortino | -0.69% | -0.47% | - |
| Treynor | -0.04% | -0.01% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.73% | 6.56% | 5.90% | - |
| Beta | 0.78% | 0.89% | 0.88% | - |
| Alpha | 0.03% | -0.01% | 0.00% | - |
| Rsquared | 0.82% | 0.91% | 0.91% | - |
| Sharpe | 1.47% | -0.57% | -0.22% | - |
| Sortino | 4.98% | -0.69% | -0.47% | - |
| Treynor | 0.11% | -0.04% | -0.01% | - |
| Tax Efficiency | 86.93% | - | - | - |
| Start Date | June 29, 2018 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MWM400 |
This fund seeks to achieve a high level of income, consistent with the preservation of capital and liquidity, from a portfolio of fixed income securities. The fund will be invested primarily in liquid Canadian federal and provincial government securities and those of Canadian corporations rated “BBB” or better by Canadian Bond Rating Service Limited or Dominion Bond Rating Service Limited or given a comparable rating by another recognized rating agency.
The portfolio manager uses the following investment strategies to achieve the fund’s objectives: • managing the portfolio to take advantage of changing levels of interest rates and to capitalize on yield disparities between various issuers of debt securities • choosing many different investment terms based on the interest rate outlook • using derivatives like forward contracts for currency hedging.
| Name | Start Date |
|---|---|
| Mark Carpani | 02-19-1999 |
| Eddie Wong | 09-01-2008 |
| Fund Manager | Ridgewood Capital Asset Management Inc. |
|---|---|
| Advisor | Ridgewood Capital Asset Management Inc. |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | RBC Dexia Investor Services Trust |
| Distributor | Ridgewood Capital Asset Management Inc. |
| Auditor | Deloitte & Touche, Chartered Accountants |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.06% |
|---|---|
| Management Fee | 1.00% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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