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imaxx Short Term Bond Fund Class A

Cdn Short Term Fixed Inc

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(04-07-2025)
$7.20
Change
-$0.02 (-0.29%)

As at February 28, 2025

As at February 28, 2025

Period
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Legend

imaxx Short Term Bond Fund Class A

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Fund Returns

Inception Return (June 03, 2002): 1.18%

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 0.33% 1.95% 3.51% 1.05% 7.19% 6.33% 2.80% 1.54% 1.88% 2.20% 2.13% 1.65% 1.46% 1.32%
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 201 / 322 3 / 321 93 / 309 197 / 321 114 / 296 68 / 254 154 / 242 154 / 228 134 / 219 120 / 210 117 / 196 126 / 181 133 / 174 123 / 165
Quartile Ranking 3 1 2 3 2 2 3 3 3 3 3 3 4 3

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 0.43% -0.37% 0.82% 0.66% 1.58% 0.39% 1.27% -0.21% 0.47% 0.88% 0.73% 0.33%
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%

Best Monthly Return Since Inception

1.82% (December 2023)

Worst Monthly Return Since Inception

-2.02% (March 2022)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.00% 0.00% -1.61% 0.91% 3.02% 5.38% -1.01% -6.09% 6.16% 6.02%
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 4 4 3 3 2 3 4 1 2
Category Rank 152/ 161 157/ 172 175/ 176 115/ 195 115/ 209 61/ 218 128/ 224 223/ 238 48/ 251 110/ 271

Best Calendar Return (Last 10 years)

6.16% (2023)

Worst Calendar Return (Last 10 years)

-6.09% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 54.00
Canadian Government Bonds 19.38
Canadian Bonds - Other 17.91
Cash and Equivalents 7.64
Mortgages 1.06
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.36
Cash and Cash Equivalent 7.64

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Canada Government 3.50% 01-Sep-2029 12.00
Equitable Bank 3.99% 24-Mar-2028 4.76
Athene Global Funding 2.47% 09-Jun-2028 4.74
Eagle Credit Card Trust 7.12% 18-Jun-2029 4.32
Glacier Credit Card Trust 6.88% 20-Sep-2028 4.02
Federation Csses Desjardins Qc 1.99% 01-Feb-2025 4.01
Enmax Corp 3.84% 05-Mar-2028 3.94
Chip Mortgage Trust 1.74% 15-Dec-2045 3.82
Glacier Credit Card Trust 6.11% 20-Sep-2027 3.72
Royal Bank of Canada 4.61% 26-Jul-2027 3.67

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

imaxx Short Term Bond Fund Class A

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 3.05% 2.76% 2.10%
Beta 1.00% 1.04% 0.98%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.87% 0.83% 0.81%
Sharpe -0.32% -0.17% -0.16%
Sortino -0.09% -0.51% -0.96%
Treynor -0.01% 0.00% 0.00%
Tax Efficiency 30.20% - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 1.90% 3.05% 2.76% 2.10%
Beta 0.99% 1.00% 1.04% 0.98%
Alpha 0.00% 0.00% 0.00% 0.00%
Rsquared 0.89% 0.87% 0.83% 0.81%
Sharpe 1.53% -0.32% -0.17% -0.16%
Sortino 5.17% -0.09% -0.51% -0.96%
Treynor 0.03% -0.01% 0.00% 0.00%
Tax Efficiency 63.91% 30.20% - -

Fund Details

Start Date June 03, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $2

Fund Codes

FundServ Code Load Code Sales Status
AFM100
AFM200
AFM500

Investment Objectives

The Fund seeks to preserve capital and liquidity while maximizing income. The Fund is primarily invested in money market and short term fixed income securities issued by governments, supranational agencies and corporations.

Investment Strategy

The Fund invests principally in short-term fixed income securities, such that the duration of the Fund's portfolio is maintained within a range of plus or minus 1 year of the duration of the FTSE Canada Short Term Bond Index or any index which may replace it.

Portfolio Management

Portfolio Manager

Fiera Capital Corporation

Sub-Advisor

-

Management and Organization

Fund Manager

Fiera Capital Corporation

Custodian

RBC Investor Services Trust (Canada)

Registrar

RBC Investor Services Trust (Canada)

Distributor

Fiera Capital Corporation

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 1.04%
Management Fee 1.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.25%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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