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Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
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2024, 2023, 2022
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|
NAVPS (04-04-2025) |
$10.04 |
|---|---|
| Change |
-$0.01
(-0.13%)
|
As at February 28, 2025
As at February 28, 2025
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Inception Return (December 10, 2010): 2.84%
| 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 | 0.23% | 1.06% | 3.08% | 0.69% | 6.48% | 6.66% | 5.19% | 3.74% | 3.64% | 3.60% | 3.35% | 3.17% | 3.33% | 2.87% |
| Benchmark | 0.52% | 1.82% | 3.29% | 1.36% | 7.24% | 5.75% | 2.92% | 1.88% | 2.03% | 2.34% | 2.39% | 2.05% | 1.98% | 1.86% |
| Category Average | 0.42% | 1.36% | 2.81% | 1.14% | 6.28% | 5.22% | 2.56% | 1.53% | 1.74% | 1.96% | 1.92% | 1.65% | 1.64% | 1.39% |
| Category Rank | 280 / 331 | 266 / 330 | 188 / 318 | 284 / 330 | 193 / 305 | 47 / 263 | 3 / 251 | 7 / 237 | 14 / 228 | 6 / 218 | 7 / 204 | 5 / 188 | 14 / 181 | 6 / 169 |
| Quartile Ranking | 4 | 4 | 3 | 4 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.55% | 0.31% | 0.63% | 0.54% | 0.87% | 0.34% | 0.89% | 0.48% | 0.63% | 0.37% | 0.46% | 0.23% |
| Benchmark | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% | 0.48% | 0.46% | 0.83% | 0.52% |
2.13% (April 2020)
-4.23% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.09% | 2.83% | 2.35% | 0.93% | 4.29% | 3.40% | 0.83% | -0.55% | 7.41% | 7.07% |
| Benchmark | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% |
| Category Average | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% |
| Quartile Ranking | 4 | 1 | 1 | 3 | 1 | 4 | 1 | 1 | 1 | 1 |
| Category Rank | 153/ 165 | 29/ 178 | 19/ 183 | 117/ 203 | 31/ 217 | 188/ 227 | 26/ 233 | 24/ 247 | 4/ 260 | 33/ 280 |
7.41% (2023)
-0.55% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 58.03 |
| Derivatives | 20.66 |
| Canadian Bonds - Other | 9.87 |
| Cash and Equivalents | 8.88 |
| Foreign Corporate Bonds | 2.31 |
| Other | 0.25 |
| Name | Percent |
|---|---|
| Fixed Income | 70.46 |
| Cash and Cash Equivalent | 8.88 |
| Other | 20.66 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| IRS R CDOR03M P 1.519 | 4.13 |
| IRS R CDOR03M P 1.4725 | 3.67 |
| IRS R CDOR03M P 1.15 | 3.44 |
| IRS R CDOR03M P 3.235 | 3.44 |
| IRS R CDOR03M P 1.875 | 3.21 |
| Toronto-Dominion Bank 4.68% 08-Jan-2029 | 2.37 |
| IRS R CDOR03M P 1.408 | 2.30 |
| IRS R CDOR03M P 1.824 | 2.30 |
| IRS R CDOR03M P 3.21 | 2.30 |
| Federation Csses Desjardins Qc 2.86% 26-May-2025 | 2.20 |
Global X Active Ultra-Short Term Investment Grade Bond ETF
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 1.55% | 2.71% | 2.04% |
|---|---|---|---|
| Beta | 0.38% | 0.51% | 0.42% |
| Alpha | 0.04% | 0.03% | 0.02% |
| Rsquared | 0.47% | 0.21% | 0.16% |
| Sharpe | 0.83% | 0.46% | 0.58% |
| Sortino | 2.39% | 0.28% | -0.09% |
| Treynor | 0.03% | 0.02% | 0.03% |
| Tax Efficiency | 63.66% | 60.67% | 59.55% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.72% | 1.55% | 2.71% | 2.04% |
| Beta | 0.27% | 0.38% | 0.51% | 0.42% |
| Alpha | 0.04% | 0.04% | 0.03% | 0.02% |
| Rsquared | 0.45% | 0.47% | 0.21% | 0.16% |
| Sharpe | 3.08% | 0.83% | 0.46% | 0.58% |
| Sortino | - | 2.39% | 0.28% | -0.09% |
| Treynor | 0.08% | 0.03% | 0.02% | 0.03% |
| Tax Efficiency | 72.79% | 63.66% | 60.67% | 59.55% |
| Start Date | December 10, 2010 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
The investment objective of the ETF is to generate income that is consistent with prevailing Canadian short-term corporate bond yields while reducing the potential effects of Canadian interest rate fluctuations on the ETF. The ETF invests primarily in a portfolio of Canadian debt (including debt-like securities) directly and hedges the portfolio’s interest rate risk by maintaining a portfolio duration that is not more than one year.
The Sub-Advisor may, from time to time, invest in Canadian and foreign government debt, municipal bonds, Listed Funds, cash and cash equivalents which generally in the aggregate will not exceed 40% of the ETF’s net assets. No less than 95%, by value, of the debt (including debt-like securities) held by HFR must be rated at or above investment grade (BBB- by S&P, BBB low by DBRS or Baa3 by Moody’s).
| Portfolio Manager |
Global X Investments Canada Inc. |
|---|---|
| Sub-Advisor |
Fiera Capital Corporation |
| Fund Manager |
Global X Investments Canada Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 100 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 0.46% |
|---|---|
| Management Fee | 0.40% |
| 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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