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Steadyhand Savings Fund Series A

Canadian Money Market

NAVPS
(11-11-2024)
$10.00
Change
$0.00 (0.01%)

As at October 31, 2024

Period
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Legend

Steadyhand Savings Fund Series A

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Fund Returns

Inception Return (February 28, 2007): 1.50%

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 0.00% 0.71% 1.84% 3.44% 4.25% 4.26% 3.22% 2.41% 2.14% 2.08% 1.98% 1.83% 1.70% 1.70%
Benchmark 0.33% 1.03% 2.22% 3.88% 4.73% 4.63% 3.51% 2.65% 2.28% 2.18% 2.04% 1.86% 1.71% 1.60%
Category Average 0.28% 0.94% 2.00% 3.47% 4.28% 4.05% 2.88% 2.13% 1.82% 1.72% 1.56% 1.40% 1.26% 1.14%
Category Rank 244 / 273 246 / 272 224 / 264 207 / 261 198 / 260 155 / 237 120 / 225 120 / 223 81 / 210 64 / 195 52 / 181 46 / 174 41 / 167 28 / 160
Quartile Ranking 4 4 4 4 4 3 3 3 2 2 2 2 1 1

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 0.39% 0.38% 0.42% 0.38% 0.36% 0.41% 0.39% 0.36% 0.38% 0.37% 0.34% 0.00%
Benchmark 0.41% 0.41% 0.40% 0.40% 0.40% 0.41% 0.40% 0.39% 0.38% 0.36% 0.34% 0.33%

Best Monthly Return Since Inception

1.00% (December 2014)

Worst Monthly Return Since Inception

0.00% (October 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 1.00% 0.80% 0.69% 0.80% 1.53% 1.78% 0.79% 0.01% 1.77% 4.45%
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 1 1 1 1 1 1 1 3 2 3
Category Rank 30/ 155 25/ 162 28/ 167 34/ 175 33/ 182 38/ 198 42/ 211 164/ 224 72/ 228 129/ 238

Best Calendar Return (Last 10 years)

4.45% (2023)

Worst Calendar Return (Last 10 years)

0.01% (2021)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Steadyhand Savings Fund Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.51% 0.56% 0.51%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 0.45% -1.59% -2.34%
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 0.39% 0.51% 0.56% 0.51%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - 0.45% -1.59% -2.34%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date February 28, 2007
Instrument Type Mutual Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
SIF110

Investment Objectives

The fundamental investment objectives of the Steadyhand Savings Fund are to achieve a reasonably stable level of current income while also seeking to preserve capital. The fund invests primarily in Canadian dollar denominated money market securities and short-term debt obligations issued by the federal and provincial governments of Canada, as well as high-quality short-term debt obligations issued by Canadian corporations.

Investment Strategy

The Portfolio Adviser seeks to achieve the fundamental investment objectives of the fund by investing primarily in: high-grade short-term corporate debt instruments issued by Canadian corporations; treasury bills and other short-term debt instruments issued or guaranteed by the federal or provincial governments of Canada or their agencies; bankers’ acceptances; commercial paper issued by Canadian chartered banks, trust companies and corporations.

Portfolio Manager(s)

Name Start Date
Warren Stoddart 02-13-2007
Steadyhand Investment Management Ltd. 02-22-2022

Management and Organization

Fund Manager Steadyhand Investment Management Ltd.
Advisor Steadyhand Investment Management Ltd.
Custodian RBC Investor Services Trust
Registrar Steadyhand Investment Management Ltd.
Distributor Steadyhand Investment Funds Inc.
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 500
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 500

Fees

MER 0.20%
Management Fee 0.45%
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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