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VPI Mortgage Pool - Series 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
(07-19-2024)
$9.99
Change
$0.00 (0.00%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

VPI Mortgage Pool - Series A

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Fund Returns

Inception Return (November 01, 2012): 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 0.57% 1.44% 3.03% 3.03% 5.46% 3.42% 1.08% 1.05% 1.23% 1.41% 1.19% 1.20% 1.19% 1.16%
Benchmark 0.79% 1.25% 1.70% 1.70% 5.74% 3.40% 0.69% 0.68% 1.40% 1.82% 1.62% 1.45% 1.45% 1.64%
Category Average 0.67% 1.62% 1.62% 1.62% 5.28% 3.29% 0.46% 0.72% 1.13% 1.45% 1.24% 1.12% 1.05% 1.09%
Category Rank 224 / 320 50 / 316 33 / 287 33 / 287 169 / 281 169 / 265 95 / 249 108 / 234 139 / 227 147 / 215 142 / 202 118 / 185 107 / 171 105 / 160
Quartile Ranking 3 1 1 1 3 3 2 2 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.10% 0.10% 0.22% 0.18% 0.57% 1.17% 1.24% -0.02% 0.35% 0.43% 0.44% 0.57%
Benchmark -0.08% 0.39% -0.32% 0.78% 1.67% 1.48% -0.13% 0.05% 0.53% -0.40% 0.86% 0.79%

Best Monthly Return Since Inception

1.24% (January 2024)

Worst Monthly Return Since Inception

-0.89% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 1.05% 1.05% 1.77% -0.20% 0.54% 2.35% 2.95% -0.97% -2.13% 3.05%
Benchmark 3.01% 2.56% 0.90% 0.27% 1.89% 2.98% 5.17% -0.92% -3.98% 4.92%
Category Average 1.73% 0.55% 0.85% 0.42% 0.53% 2.93% 4.36% -0.83% -4.45% 4.84%
Quartile Ranking 4 3 2 3 4 4 4 3 1 4
Category Rank 133/ 145 107/ 166 63/ 179 138/ 187 159/ 207 175/ 223 199/ 233 128/ 239 39/ 253 259/ 267

Best Calendar Return (Last 10 years)

3.05% (2023)

Worst Calendar Return (Last 10 years)

-2.13% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Bonds - Other 98.19
Cash and Equivalents 1.91
Other -0.10

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 98.19
Cash and Cash Equivalent 1.91
Other -0.10

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.09
Other -0.09

Top Holdings

Top Holdings
Name Percent
HSBC MORTGAGE FUND INSTITUTIONAL SERIES(8498) 98.19
Canadian Dollars 1.91
Other Assets -0.09

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

VPI Mortgage Pool - Series A

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 1.79% 1.44% 1.09%
Beta 0.48% 0.45% 0.38%
Alpha 0.01% 0.01% 0.01%
Rsquared 0.54% 0.52% 0.45%
Sharpe -1.07% -0.59% -0.29%
Sortino -1.25% -1.39% -1.76%
Treynor -0.04% -0.02% -0.01%
Tax Efficiency 50.12% 62.48% 61.22%
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 1.39% 1.79% 1.44% 1.09%
Beta 0.19% 0.48% 0.45% 0.38%
Alpha 0.04% 0.01% 0.01% 0.01%
Rsquared 0.10% 0.54% 0.52% 0.45%
Sharpe 0.35% -1.07% -0.59% -0.29%
Sortino 6.65% -1.25% -1.39% -1.76%
Treynor 0.03% -0.04% -0.02% -0.01%
Tax Efficiency 83.89% 50.12% 62.48% 61.22%

Fund Details

Start Date November 01, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $29

Fund Codes

FundServ Code Load Code Sales Status
VPI006

Investment Objectives

VPI Mortgage Pool’s objective is to seek to earn a high level of income while protecting invested capital primarily through investments with exposure to residential first mortgages on property in Canada and other debt obligations. It invests in one or more underlying mutual funds and other debt obligations to achieve this objective.

Investment Strategy

Consistent with the Pool’s investment objective, VPI Mortgage Pool intends to primarily invest in the Institutional Series of units of the HSBC Mortgage Fund (the “Underlying Fund”). By primarily investing in the Underlying Fund, the Pool is expected to achieve its stated investment objectives. HSBC Global may replace the Underlying Fund with one or more other mortgage mutual funds or change the weighting of the Pool’s investment in the Underlying Fund at any time without advance notice.

Portfolio Manager(s)

Name Start Date
RBC Indigo Asset Management Inc. 06-27-2024

Management and Organization

Fund Manager Value Partners Investments Inc.
Advisor RBC Indigo Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar RBC Investor Services Trust
Distributor LP Financial Planning Services Ltd.
Auditor KPMG LLP, Chartered Accountants

Investment Minimums

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

Fees

MER 1.38%
Management Fee 1.00%
Load Back Fee Only
FE Max 4.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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