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Russell Investments Canadian Fixed Income Fund Series O
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
FundGrade A+® Rating Recipient
2025, 2024, 2023, 2022, 2021
Click for more information on Fundata’s FundGrade
|
NAVPS (10-22-2026) |
$109.22 |
|---|---|
| Change |
$0.48
(0.45%)
|
As at September 30, 2026
As at August 31, 2026
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Legend
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Fund Returns
Inception Return (August 14, 2000): 4.67%
| 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 | -1.06% | -2.73% | -0.68% | -0.32% | -0.44% | 1.65% | 5.41% | 3.82% | 0.71% | 0.25% | 1.31% | 2.32% | 2.30% | 1.87% |
| Benchmark | -1.18% | -3.03% | -1.17% | -0.88% | -1.22% | 0.70% | 4.57% | 2.98% | 0.24% | -0.47% | 0.59% | 1.71% | 1.72% | 1.20% |
| Category Average | -1.37% | -3.11% | -1.36% | -1.46% | -1.90% | 0.20% | 4.11% | 2.73% | -0.32% | -0.72% | 0.23% | 1.15% | 1.07% | 0.70% |
| Category Rank | 47 / 485 | 62 / 478 | 95 / 473 | 60 / 469 | 55 / 465 | 36 / 443 | 41 / 408 | 50 / 387 | 66 / 380 | 59 / 356 | 43 / 340 | 36 / 320 | 32 / 296 | 23 / 274 |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.74% | 0.20% | -1.05% | 0.65% | 1.61% | -1.87% | 0.20% | 1.41% | 0.48% | -1.51% | -0.18% | -1.06% |
| Benchmark | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% | 0.44% | -1.61% | -0.27% | -1.18% |
Best Monthly Return Since Inception
4.51% (November 2023)
Worst Monthly Return Since Inception
-3.44% (April 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.53% | 2.81% | 1.53% | 7.31% | 10.16% | -1.98% | -11.45% | 7.03% | 4.76% | 3.34% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 |
| Category Rank | 46/ 255 | 39/ 281 | 42/ 302 | 32/ 329 | 26/ 341 | 41/ 363 | 133/ 380 | 89/ 388 | 86/ 412 | 103/ 448 |
Best Calendar Return (Last 10 years)
10.16% (2020)
Worst Calendar Return (Last 10 years)
-11.45% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 44.97 |
| Canadian Corporate Bonds | 40.13 |
| Canadian Bonds - Other | 8.49 |
| Cash and Equivalents | 4.35 |
| Foreign Corporate Bonds | 2.06 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 95.65 |
| Cash and Cash Equivalent | 4.35 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.92 |
| Europe | 0.07 |
| Other | 0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Russell Investments Canadian Cash Fund Series O | 2.78 |
| Province of Ontario 3.90% 02-Jun-2036 | 2.06 |
| 407 International Inc 7.13% 26-Jul-2040 | 2.00 |
| Canada Housing Trust No. 1 3.80% 15-Sep-2036 | 1.99 |
| Canada Government 1.75% 01-Dec-2053 | 1.94 |
| Metropolitan Life Globl Fndg I 4.15% 06-Jun-2033 | 1.59 |
| Canada Government 2.75% 01-Dec-2055 | 1.51 |
| Canada Government 0.50% 01-Dec-2030 | 1.36 |
| Canada Government 3.50% 01-Dec-2057 | 1.35 |
| Canada Government 3.50% 01-Sep-2029 | 1.29 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Russell Investments Canadian Fixed Income Fund Series O
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 4.95% | 6.10% | 5.31% |
|---|---|---|---|
| Beta | 0.94 | 1.01 | 0.98 |
| Alpha | 0.01 | 0.00 | 0.01 |
| Rsquared | 0.91% | 0.95% | 0.96% |
| Sharpe | 0.43 | -0.35 | 0.01 |
| Sortino | 0.87 | -0.47 | -0.26 |
| Treynor | 0.02 | -0.02 | 0.00 |
| Tax Efficiency | 69.15% | - | 21.67% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.89% | 4.95% | 6.10% | 5.31% |
| Beta | 0.93 | 0.94 | 1.01 | 0.98 |
| Alpha | 0.01 | 0.01 | 0.00 | 0.01 |
| Rsquared | 1.00% | 0.91% | 0.95% | 0.96% |
| Sharpe | -0.67 | 0.43 | -0.35 | 0.01 |
| Sortino | -1.01 | 0.87 | -0.47 | -0.26 |
| Treynor | -0.03 | 0.02 | -0.02 | 0.00 |
| Tax Efficiency | - | 69.15% | - | 21.67% |
Fund Details
| Start Date | August 14, 2000 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $352 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FRC012 | NL | Open |
| FRC322 | NL | Open |
Investment Objectives
The Fund’s objective is to provide a stable level of cash flow by investing principally in fixed income securities of Canadian issuers. The investment objective cannot be changed unless unitholders of the Fund approve the change at a meeting.
Investment Strategy
Investment styles this Fund may use include interest rate management, currency management sector selection, security selection and global management. The Fund may invest up to 30% of its net assets in foreign fixed income securities. In order to seek to reduce currency risk, the Fund expects to hedge most of the foreign currency risk inherent in foreign currency securities through the use of forward contracts.
Portfolio Management
| Portfolio Manager |
Russell Investments Canada Limited |
|---|---|
| Sub-Advisor |
Canso Investment Counsel Ltd.
Beutel Goodman & Company Ltd.
Leith Wheeler Investment Counsel Ltd.
PICTON Investments
|
Management and Organization
| Fund Manager |
Russell Investments Canada Limited |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
International Financial Data Services (Canada) Ltd |
| Distributor |
Russell Investments Canada Limited |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.08% |
|---|---|
| Management Fee | 0.50% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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