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Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
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|
NAVPS (10-16-2024) |
$7.47 |
|---|---|
| Change |
$0.01
(0.09%)
|
As at September 30, 2024
As at September 30, 2024
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Inception Return (December 15, 2011): 2.87%
| 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 | 0.92% | 3.52% | 3.97% | 5.84% | 12.53% | 9.88% | 0.31% | 1.99% | 1.02% | 1.08% | 0.58% | 1.04% | 2.31% | 1.92% |
| Benchmark | 1.97% | 5.25% | 5.97% | 7.63% | 13.72% | 8.45% | -0.01% | -0.89% | 0.70% | 2.28% | 2.29% | 1.61% | 2.21% | 3.54% |
| Category Average | 1.23% | 4.41% | 4.41% | 5.00% | 11.20% | - | - | - | - | - | - | - | - | - |
| Category Rank | 264 / 297 | 231 / 296 | 218 / 294 | 105 / 293 | 76 / 293 | 35 / 283 | 157 / 276 | 85 / 264 | 166 / 239 | 195 / 219 | 171 / 185 | 132 / 158 | 77 / 122 | 74 / 102 |
| Quartile Ranking | 4 | 4 | 3 | 2 | 2 | 1 | 3 | 2 | 3 | 4 | 4 | 4 | 3 | 3 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.49% | 3.94% | 2.79% | 0.37% | 0.26% | 1.16% | -1.03% | 1.01% | 0.48% | 1.42% | 1.15% | 0.92% |
| Benchmark | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% | 0.36% | 1.11% | 3.56% | -0.33% | 1.97% |
4.22% (March 2016)
-14.25% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.48% | 1.36% | 12.02% | 4.14% | -4.10% | 5.66% | 0.13% | 1.22% | -11.82% | 9.31% |
| Benchmark | 11.01% | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 2 | 1 | 2 | 4 | 3 | 4 | 2 | 4 | 1 |
| Category Rank | 79/ 80 | 44/ 107 | 14/ 131 | 60/ 170 | 195/ 206 | 166/ 234 | 242/ 248 | 75/ 266 | 214/ 276 | 30/ 284 |
12.02% (2016)
-11.82% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 50.73 |
| Mortgages | 17.06 |
| Cash and Equivalents | 12.54 |
| Foreign Bonds - Other | 10.05 |
| Foreign Government Bonds | 8.93 |
| Other | 0.69 |
| Name | Percent |
|---|---|
| Fixed Income | 86.80 |
| Cash and Cash Equivalent | 12.54 |
| Financial Services | 0.09 |
| Other | 0.57 |
| Name | Percent |
|---|---|
| North America | 79.97 |
| Europe | 12.70 |
| Latin America | 3.25 |
| Africa and Middle East | 1.75 |
| Asia | 1.45 |
| Other | 0.88 |
| Name | Percent |
|---|---|
| RICL CAD CASH MGT FND SERIES O | 4.19 |
| United States Treasury 15-Oct-2024 | 2.66 |
| United States Treasury 29-Oct-2024 | 1.67 |
| US DOLLAR | 1.60 |
| Venture CLO Ltd 7.84% 15-Jul-2031 | 1.45 |
| Smb Private Education Ln Trust 3.50% 16-Dec-2041 | 0.66 |
| JPM Chase Cmrcl Mrtg Sec Trust 5.39% 05-Jan-2034 | 0.65 |
| CSAIL Commercial Mrtg Trust 4.31% 15-Jun-2057 | 0.65 |
| Wind River CLO Ltd 8.06% 16-Apr-2035 | 0.58 |
| UBS-BAMLL Trust 4.38% 12-Jun-2030 | 0.58 |
Russell Investments Global Credit Pool Series B
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 6.70% | 8.90% | 7.41% |
|---|---|---|---|
| Beta | 0.60% | 0.48% | 0.15% |
| Alpha | 0.00% | 0.01% | 0.02% |
| Rsquared | 0.40% | 0.12% | 0.02% |
| Sharpe | -0.42% | -0.09% | 0.08% |
| Sortino | -0.47% | -0.20% | -0.13% |
| Treynor | -0.05% | -0.02% | 0.04% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.63% | 6.70% | 8.90% | 7.41% |
| Beta | 0.61% | 0.60% | 0.48% | 0.15% |
| Alpha | 0.04% | 0.00% | 0.01% | 0.02% |
| Rsquared | 0.32% | 0.40% | 0.12% | 0.02% |
| Sharpe | 1.56% | -0.42% | -0.09% | 0.08% |
| Sortino | 6.05% | -0.47% | -0.20% | -0.13% |
| Treynor | 0.12% | -0.05% | -0.02% | 0.04% |
| Tax Efficiency | 86.76% | - | - | - |
| Start Date | December 15, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $25 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FRC339 | ||
| FRC340 | ||
| FRC341 | ||
| FRC342 |
The Fund’s investment objective is to provide total return by gaining exposure primarily to higher yielding fixed income securities of issuers from anywhere around the world and fixed income securities of emerging markets issuers. The investment objective cannot be changed unless unitholders of the Fund approve the change at a meeting.
This Fund invests primarily in fixed income securities using the following styles: interest rate management, sector selection, security selection, global management and currency management. For this Fund, the security selection and global management investment styles allow the Fund to invest in investment grade and high yield corporate bonds and securitized credit, as well as bonds issued by emerging market countries.
| Name | Start Date |
|---|---|
| Russell Investments Canada Limited | 12-15-2011 |
| Voya Investment Management Co. LLC | 06-22-2020 |
| Hermes Investment Management Ltd. | 07-29-2022 |
| Marathon Asset Management Limited | 07-29-2023 |
| Fund Manager | Russell Investments Canada Limited |
|---|---|
| Advisor | Russell Investments Canada Limited |
| Custodian | State Street Trust Company Canada |
| Registrar | International Financial Data Services (Canada) Ltd |
| Distributor | Russell Investments Canada Limited |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.83% |
|---|---|
| Management Fee | 1.50% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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