Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Dynamic Alternative Yield Fund Series A
Misc - Inc&Real Property
|
NAVPS (07-27-2026) |
$8.50 |
|---|---|
| Change |
-$0.01
(-0.16%)
|
As at June 30, 2026
As at April 30, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (September 30, 2011): 6.56%
| 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 | 2.35% | 3.56% | 2.30% | 2.30% | 3.60% | 6.31% | 8.26% | 7.10% | 4.56% | 7.78% | 5.69% | 5.90% | 5.54% | 5.90% |
| Benchmark | 0.50% | 6.96% | 11.16% | 11.16% | 32.87% | 29.58% | 23.48% | 20.08% | 14.85% | 17.82% | 14.73% | 13.31% | 12.99% | 12.79% |
| Category Average | 0.39% | 1.70% | 2.77% | 2.77% | 4.90% | 4.36% | 3.86% | 3.74% | 3.40% | 4.49% | 3.78% | 3.76% | 3.80% | 3.71% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.68% | -0.29% | 1.01% | -0.79% | -0.13% | -0.20% | 0.22% | 0.58% | -2.00% | 0.56% | 0.62% | 2.35% |
| Benchmark | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% | 0.50% |
Best Monthly Return Since Inception
10.62% (November 2020)
Worst Monthly Return Since Inception
-16.41% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.19% | 8.02% | -4.61% | 23.79% | -8.98% | 31.86% | -12.22% | 5.67% | 16.09% | 1.85% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | 1.46% | 4.39% | 0.91% | 7.57% | 1.50% | 10.36% | -0.98% | 2.53% | 4.40% | 3.23% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
Best Calendar Return (Last 10 years)
31.86% (2021)
Worst Calendar Return (Last 10 years)
-12.22% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 38.53 |
| Foreign Corporate Bonds | 26.50 |
| US Equity | 14.79 |
| International Equity | 4.95 |
| Foreign Government Bonds | 4.22 |
| Other | 11.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 38.53 |
| Fixed Income | 36.12 |
| Industrial Goods | 4.59 |
| Real Estate | 4.26 |
| Utilities | 3.09 |
| Other | 13.41 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 91.92 |
| Europe | 4.80 |
| Multi-National | 2.06 |
| Asia | 0.78 |
| Latin America | 0.41 |
| Other | 0.03 |
Top Holdings
| Name | Percent |
|---|---|
| USD OVERNIGHT DEPOSIT 0.00% 01-May-2026 | 25.60 |
| Cash and Cash Equivalents | 8.66 |
| Option TD Options Cash Collateral CAD | 3.46 |
| Williams Cos Inc | 2.16 |
| nVent Electric PLC | 1.63 |
| AltaGas Ltd | 1.59 |
| Antares Holdings LP 7.95% 11-Jul-2028 | 1.42 |
| Altagas Ltd 7.20% 15-Oct-2054 | 1.42 |
| Sixth Street Specialty Ldg Inc 6.95% 14-Jul-2028 | 1.41 |
| Transcanada Pipelines Ltd 7.00% 01-Mar-2030 | 1.41 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Dynamic Alternative Yield Fund Series A
Median
Other - Misc - Inc&Real Property
3 Yr Annualized
| Standard Deviation | 5.22% | 8.92% | 10.27% |
|---|---|---|---|
| Beta | 0.29 | 0.55 | 0.65 |
| Alpha | 0.02 | -0.03 | -0.02 |
| Rsquared | 0.37% | 0.58% | 0.67% |
| Sharpe | 0.88 | 0.22 | 0.42 |
| Sortino | 1.78 | 0.30 | 0.43 |
| Treynor | 0.16 | 0.04 | 0.07 |
| Tax Efficiency | 54.42% | 17.65% | 40.61% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.92% | 5.22% | 8.92% | 10.27% |
| Beta | 0.14 | 0.29 | 0.55 | 0.65 |
| Alpha | -0.01 | 0.02 | -0.03 | -0.02 |
| Rsquared | 0.15% | 0.37% | 0.58% | 0.67% |
| Sharpe | 0.33 | 0.88 | 0.22 | 0.42 |
| Sortino | 0.24 | 1.78 | 0.30 | 0.43 |
| Treynor | 0.09 | 0.16 | 0.04 | 0.07 |
| Tax Efficiency | 2.64% | 54.42% | 17.65% | 40.61% |
Fund Details
| Start Date | September 30, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $2,016 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DYN2223 | ||
| DYN2224 | ||
| DYN2225 | ||
| DYN7107 |
Investment Objectives
Dynamic Alternative Yield Fund seeks to achieve high income and long-term capital growth by investing in a diversified portfolio of income-oriented securities. Before a fundamental change is made to the investment objectives of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders
Investment Strategy
The Fund will take a flexible approach to investing primarily in specialized income-oriented equity and debt securities and income-producing derivative strategies. The allocations will depend on economic and market conditions, allowing the portfolio advisor to focus on the most attractive asset classes.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
1832 Asset Management L.P. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 100 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 2.25% |
|---|---|
| Management Fee | 1.85% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
