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Canadian Fixed Income
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|
NAVPS (11-22-2024) |
$9.22 |
|---|---|
| Change |
$0.03
(0.28%)
|
As at October 31, 2024
As at September 30, 2024
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Inception Return (October 31, 2002): 4.44%
| 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 | -1.02% | 1.21% | 6.77% | 3.41% | 11.71% | 5.85% | 0.25% | -0.58% | 1.08% | 2.53% | 2.10% | 1.80% | 2.29% | 2.55% |
| Benchmark | -1.07% | 1.25% | 6.50% | 3.09% | 11.09% | 5.28% | -0.23% | -1.11% | 0.36% | 1.97% | 1.60% | 1.33% | 1.81% | 2.06% |
| Category Average | -1.07% | 1.10% | 6.21% | 2.91% | 11.20% | 5.33% | -0.72% | -1.26% | 0.06% | 1.43% | 0.98% | 0.80% | 1.19% | 1.26% |
| Category Rank | 370 / 661 | 354 / 654 | 172 / 637 | 310 / 629 | 273 / 627 | 274 / 603 | 142 / 582 | 175 / 550 | 96 / 526 | 71 / 489 | 69 / 446 | 74 / 418 | 54 / 371 | 39 / 329 |
| Quartile Ranking | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.34% | 3.53% | -1.32% | -0.39% | 0.52% | -1.97% | 1.78% | 1.21% | 2.41% | 0.37% | 1.88% | -1.02% |
| Benchmark | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% | 1.82% | -1.07% |
4.63% (January 2015)
-3.56% (September 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.29% | 3.84% | 2.44% | 2.63% | 1.52% | 6.86% | 10.53% | -2.18% | -11.14% | 6.93% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 2 | 1 | 2 |
| Category Rank | 13/ 316 | 17/ 346 | 107/ 380 | 99/ 425 | 63/ 451 | 155/ 498 | 27/ 528 | 184/ 559 | 133/ 588 | 195/ 604 |
10.53% (2020)
-11.14% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 51.72 |
| Canadian Corporate Bonds | 31.65 |
| Cash and Equivalents | 11.74 |
| Foreign Government Bonds | 4.75 |
| Canadian Bonds - Other | 0.15 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Fixed Income | 88.26 |
| Cash and Cash Equivalent | 11.74 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| United States Treasury 4.25% 30-Jun-2029 | 4.75 |
| Quebec Province 3.60% 01-Sep-2033 | 4.39 |
| Canada Housing Trust No 1 3.65% 15-Jun-2033 | 3.41 |
| Canada Government 3.50% 01-Sep-2029 | 2.70 |
| Quebec Province 3.25% 01-Sep-2032 | 2.61 |
| Ontario Province 4.15% 02-Dec-2054 | 2.53 |
| Canada Government 3.00% 01-Jun-2034 | 2.36 |
| Ontario Province 5.60% 02-Jun-2035 | 2.34 |
| Quebec Province 4.40% 01-Dec-2055 | 2.05 |
| Ontario Province 3.65% 02-Jun-2033 | 1.98 |
Phillips, Hager & North Bond Fund Series O
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.38% | 6.58% | 5.40% |
|---|---|---|---|
| Beta | 1.02% | 1.00% | 0.99% |
| Alpha | 0.01% | 0.01% | 0.01% |
| Rsquared | 0.95% | 0.95% | 0.96% |
| Sharpe | -0.40% | -0.15% | 0.20% |
| Sortino | -0.46% | -0.37% | -0.09% |
| Treynor | -0.03% | -0.01% | 0.01% |
| Tax Efficiency | - | - | 44.66% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.75% | 7.38% | 6.58% | 5.40% |
| Beta | 0.90% | 1.02% | 1.00% | 0.99% |
| Alpha | 0.02% | 0.01% | 0.01% | 0.01% |
| Rsquared | 0.86% | 0.95% | 0.95% | 0.96% |
| Sharpe | 0.99% | -0.40% | -0.15% | 0.20% |
| Sortino | 2.71% | -0.46% | -0.37% | -0.09% |
| Treynor | 0.07% | -0.03% | -0.01% | 0.01% |
| Tax Efficiency | 85.77% | - | - | 44.66% |
| Start Date | October 31, 2002 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Institutional |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $8,232 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PHN115 | ||
| RBF8115 |
The fundamental investment objectives of the Fund are to provide relatively high yields and stability of capital by investing primarily in a well-diversified portfolio of fixed income securities issued by Canadian governments and corporations.
To achieve the Fund’s investment objectives, we invest primarily in high-quality Canadian corporate bonds and government bonds issued in Canadian or U.S. dollars. In addition, we may also invest in asset-backed commercial paper. The Fund maintains an average term to maturity similar to the FTSE Canada Universe Bond Index. We incorporate material ESG factors as part of the investment process to consider issuers’ oversight and management of these material ESG factors.
| Name | Start Date |
|---|---|
| 02-22-2021 | |
| Fund Manager | RBC Global Asset Management Inc. |
|---|---|
| Advisor | RBC Global Asset Mgmt Inc. |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | RBC Global Asset Management Inc. |
| Distributor | Phillips, Hager & North Investment Funds Ltd. |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25,000 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 0 |
| MER | 0.02% |
|---|---|
| Management Fee | 2.00% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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