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imaxx Canadian Fixed Pay Fund Class A2

Canadian Equity Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2012

Click for more information on Fundata’s FundGrade

NAVPS
(04-16-2024)
$7.77
Change
-$0.01 (-0.15%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

imaxx Canadian Fixed Pay Fund Class A2

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Fund Returns

Inception Return (September 05, 2002): 7.54%

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 0.23% 5.47% 14.76% 5.47% 13.72% 6.70% 8.03% 12.13% 7.82% 7.21% 6.18% 6.86% 5.52% 5.48%
Benchmark 3.22% 4.61% 13.14% 4.61% 10.92% 3.03% 6.47% 12.42% 7.64% 7.62% 6.76% 7.65% 6.20% 6.37%
Category Average 1.89% 12.32% 12.32% 4.51% 10.27% 3.64% 5.44% 10.47% 6.12% 5.79% 5.14% 5.88% 4.79% 5.04%
Category Rank 372 / 376 95 / 375 32 / 374 95 / 375 72 / 372 42 / 369 40 / 360 82 / 334 65 / 328 71 / 306 81 / 280 85 / 268 94 / 257 122 / 237
Quartile Ranking 4 2 1 2 1 1 1 1 1 1 2 2 2 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.92% -2.57% 3.00% -0.07% -0.90% -2.17% -1.52% 5.58% 4.65% 1.87% 3.31% 0.23%
Benchmark 2.40% -4.11% 2.51% 1.67% -1.08% -3.16% -2.30% 6.66% 3.79% 0.07% 1.27% 3.22%

Best Monthly Return Since Inception

8.21% (May 2009)

Worst Monthly Return Since Inception

-12.43% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.12% 0.93% 6.55% 7.23% -8.15% 10.48% 10.94% 17.52% -7.27% 12.81%
Benchmark 10.25% -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48%
Category Average 8.24% -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70%
Quartile Ranking 4 2 4 2 3 4 1 2 2 1
Category Rank 214/ 231 97/ 257 242/ 265 117/ 277 226/ 306 310/ 326 38/ 334 110/ 360 183/ 368 59/ 372

Best Calendar Return (Last 10 years)

17.52% (2021)

Worst Calendar Return (Last 10 years)

-8.15% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 56.91
US Equity 18.95
Canadian Corporate Bonds 10.71
International Equity 3.84
Canadian Government Bonds 3.56
Other 6.03

Sector Allocation

Sector Allocation
Name Percent
Financial Services 24.31
Consumer Services 23.56
Fixed Income 18.31
Industrial Services 12.78
Technology 9.88
Other 11.16

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.16
Europe 3.84

Top Holdings

Top Holdings
Name Percent
Costco Wholesale Corp 4.81
Constellation Software Inc 4.51
Canadian Pacific Kansas City Ltd 3.82
Dollarama Inc 3.52
Toromont Industries Ltd 3.29
TMX Group Ltd 3.26
Thomson Reuters Corp 3.25
Canadian National Railway Co 3.15
Intact Financial Corp 2.99
Royal Bank of Canada 2.95

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

imaxx Canadian Fixed Pay Fund Class A2

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 10.83% 11.34% 9.44%
Beta 0.88% 0.81% 0.83%
Alpha 0.02% 0.02% 0.00%
Rsquared 0.81% 0.79% 0.78%
Sharpe 0.53% 0.55% 0.47%
Sortino 0.80% 0.71% 0.44%
Treynor 0.06% 0.08% 0.05%
Tax Efficiency 81.36% 81.07% 44.96%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.31% 10.83% 11.34% 9.44%
Beta 0.75% 0.88% 0.81% 0.83%
Alpha 0.05% 0.02% 0.02% 0.00%
Rsquared 0.77% 0.81% 0.79% 0.78%
Sharpe 0.92% 0.53% 0.55% 0.47%
Sortino 2.41% 0.80% 0.71% 0.44%
Treynor 0.11% 0.06% 0.08% 0.05%
Tax Efficiency 86.29% 81.36% 81.07% 44.96%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 05, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $215

Fund Codes

FundServ Code Load Code Sales Status
AFM102
AFM202
AFM502

Investment Objectives

The imaxx Canadian Fixed Pay Fund’s investment objective is to provide a consistent stream of monthly income and some capital appreciation by investing in a portfolio of Canadian fixed income, investment trust units and equity investments. The Fund’s fundamental investment objective may not be changed without the prior approval of the majority of its unitholders who vote at a meeting called for that purpose, except when the change is required because of changes in the law.

Investment Strategy

The fund's portfolio is deeply diversified. In addition to holding traditional equity-related and investment grade fixed income securities, the portfolio may include trusts, covered options, convertible debentures, high yield bonds, preferred shares, ETFs and other similar securities in order to enhance returns and/or mitigate risk. The fund's asset mix generally includes 60%-90% equities and 10%-40% fixed income securities, including cash and cash equivalents.

Portfolio Manager(s)

Name Start Date
Fiera Capital Corporation 12-04-2019

Management and Organization

Fund Manager Fiera Capital Corporation
Advisor Fiera Capital Corporation
Custodian RBC Investor Services Trust (Canada)
Registrar RBC Investor Services Trust (Canada)
Distributor Fiera Capital Corporation
Auditor Ernst & Young LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.37%
Management Fee 1.95%
Load Choice of Front or Back
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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