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Dynamic Money Market Class Series A

Canadian Money Market

NAVPS
(06-14-2024)
$6.58
Change
$0.00 (0.01%)

As at May 31, 2024

As at March 31, 2024

Period
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Legend

Dynamic Money Market Class Series A

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Fund Returns

Inception Return (January 31, 2001): 1.27%

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 0.38% 1.13% 2.24% 1.88% 4.50% 3.66% 2.46% 1.84% 1.69% 1.58% 1.45% 1.31% 1.16% 1.06%
Benchmark 0.40% 1.21% 2.44% 2.03% 4.95% 4.24% 2.91% 2.21% 2.05% 1.97% 1.82% 1.66% 1.52% 1.45%
Category Average 0.36% 2.19% 2.19% 1.81% 4.34% 3.54% 2.30% 1.74% 1.59% 1.50% 1.35% 1.20% 1.08% 0.99%
Category Rank 162 / 242 161 / 240 168 / 238 163 / 238 152 / 227 151 / 209 139 / 203 133 / 193 112 / 180 108 / 170 98 / 158 93 / 154 89 / 149 89 / 144
Quartile Ranking 3 3 3 3 3 3 3 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.33% 0.36% 0.37% 0.36% 0.40% 0.37% 0.35% 0.41% 0.33% 0.34% 0.41% 0.38%
Benchmark 0.37% 0.40% 0.41% 0.41% 0.41% 0.41% 0.41% 0.40% 0.40% 0.40% 0.41% 0.40%

Best Monthly Return Since Inception

0.41% (January 2024)

Worst Monthly Return Since Inception

-0.17% (April 2011)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.17% 0.00% 0.17% 0.51% 0.84% 1.16% 0.45% 0.04% 1.25% 4.24%
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking 4 4 3 2 4 4 3 3 4 3
Category Rank 115/ 141 142/ 147 94/ 151 63/ 157 125/ 161 134/ 177 109/ 190 124/ 203 171/ 206 148/ 215

Best Calendar Return (Last 10 years)

4.24% (2023)

Worst Calendar Return (Last 10 years)

0.00% (2015)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 95.59
Canadian Corporate Bonds 2.35
Canadian Bonds - Other 2.05
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 95.59
Fixed Income 4.41

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.86
Other 13.14

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 37.69
Royal Bank of Canada 2.61% 01-Nov-2024 2.87
Ontario Province 0.00% 24-Apr-2024 2.74
Ontario Teachers Finance Trust 0.00% 06-Aug-2024 2.50
BANK OF NOVA SCOTIA 0.01% 24-May-2024 2.35
C.I.B.C 0.01% 01-Apr-2024 2.28
GREATER TORONTO AIRPORTS AUTHO 0.01% 29-Apr-2024 2.27
ALBERTA T BILL 0.01% 11-Jun-2024 2.16
Bank of Montreal 2.70% 11-Sep-2024 2.07
Cards II Trust 2.43% 15-Nov-2027 2.05

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Dynamic Money Market Class Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.55% 0.53% 0.45%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino -1.11% -2.15% -2.77%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.09% 0.55% 0.53% 0.45%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - -1.11% -2.15% -2.77%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date January 31, 2001
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Capped
Currency CAD
Distribution Frequency Annual
Assets ($mil) $91

Fund Codes

FundServ Code Load Code Sales Status
DYN028
DYN628
DYN728

Investment Objectives

Dynamic Money Market Fund seeks to achieve as high a level of current income and liquidity as is consistent with preserving capital by investing in money market instruments of, or guaranteed by Canadian issuers with a term to maturity of one year or less.

Investment Strategy

The portfolio advisor: will invest primarily in short-term debt securities; will focus on Canadian money market instruments, including Canadian treasury bills; will analyze the prospects for a particular security as well as general economic factors; will assess, among other data, the condition of credit markets, the yield curve, as well as the outlook on monetary conditions. The Fund maintains a fixed price of $10 per unit.

Portfolio Manager(s)

Name Start Date
Bill Girard 06-08-2015

Management and Organization

Fund Manager 1832 Asset Management L.P.
Advisor 1832 Asset Management L.P.
Custodian State Street Trust Company Canada
Registrar 1832 Asset Management L.P.
Distributor 1832 Asset Management L.P.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 0.74%
Management Fee 0.50%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 0.20%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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