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Steadyhand Income Fund Series A

Canadian Fix Inc Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017, 2016, 2013

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NAVPS
(07-23-2024)
$10.37
Change
$0.00 (0.01%)

As at June 30, 2024

Period
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Legend

Steadyhand Income Fund Series A

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Fund Returns

Inception Return (February 28, 2007): 4.30%

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 0.44% 0.10% 0.49% 0.49% 3.93% 4.15% -0.54% 1.14% 1.58% 2.35% 2.20% 2.13% 2.45% 2.66%
Benchmark 1.88% 0.62% 1.28% 1.28% 5.85% 5.31% 0.23% 1.56% 2.35% 3.07% 3.09% 3.03% 3.13% 3.27%
Category Average 0.65% 2.45% 2.45% 2.45% 6.52% 5.78% 0.37% 2.04% 2.18% 2.55% 2.48% 2.62% 2.53% 2.64%
Category Rank 360 / 421 409 / 421 417 / 420 417 / 420 414 / 418 390 / 415 330 / 389 282 / 355 261 / 344 213 / 309 198 / 290 217 / 277 169 / 256 157 / 246
Quartile Ranking 4 4 4 4 4 4 4 4 4 3 3 4 3 3

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -0.50% -0.80% -2.53% -0.47% 4.47% 3.38% -0.74% 0.16% 0.98% -2.32% 2.03% 0.44%
Benchmark -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91% 0.69% 1.88%

Best Monthly Return Since Inception

4.96% (April 2020)

Worst Monthly Return Since Inception

-6.54% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 9.71% 0.84% 5.67% 2.92% -1.30% 9.07% 7.10% 4.04% -9.86% 6.03%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking 1 4 2 4 2 3 3 3 2 4
Category Rank 10/ 238 211/ 254 75/ 264 235/ 287 110/ 300 176/ 324 180/ 353 205/ 376 188/ 392 355/ 416

Best Calendar Return (Last 10 years)

9.71% (2014)

Worst Calendar Return (Last 10 years)

-9.86% (2022)

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 Income Fund Series A

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 7.27% 7.37% 5.85%
Beta 0.94% 0.97% 0.96%
Alpha -0.01% -0.01% 0.00%
Rsquared 0.96% 0.96% 0.95%
Sharpe -0.45% -0.03% 0.23%
Sortino -0.62% -0.22% -0.05%
Treynor -0.04% 0.00% 0.01%
Tax Efficiency - 22.42% 52.02%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.29% 7.27% 7.37% 5.85%
Beta 0.91% 0.94% 0.97% 0.96%
Alpha -0.01% -0.01% -0.01% 0.00%
Rsquared 0.92% 0.96% 0.96% 0.95%
Sharpe -0.10% -0.45% -0.03% 0.23%
Sortino 0.26% -0.62% -0.22% -0.05%
Treynor -0.01% -0.04% 0.00% 0.01%
Tax Efficiency 64.27% - 22.42% 52.02%

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 Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
SIF120

Investment Objectives

The fundamental investment objectives of the Steadyhand Income Fund are to achieve a reasonably stable level of income and modest capital growth while also seeking to preserve capital. The fund invests primarily in Canadian fixed income securities (government and corporate), but it may also invest a smaller portion of its assets in real estate investment trusts (REITs), income trusts, dividend-paying common shares, preferred shares and other income-producing securities.

Investment Strategy

The Portfolio Adviser seeks to achieve the fundamental investment objectives of the fund by investing primarily in: fixed income securities issued by the federal and provincial governments of Canada, and Canadian corporations; REITs; dividend-paying common shares; preferred shares; and money market securities.

Portfolio Manager(s)

Name Start Date
Brian Eby 02-05-2007
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 1.04%
Management Fee 1.04%
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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