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Global Corp Fixed Income
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NAVPS (11-01-2024) |
$8.11 |
---|---|
Change |
-$0.02
(-0.30%)
|
As at September 30, 2024
As at September 30, 2024
Inception Return (October 18, 2013): 1.10%
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 | 0.64% | 4.02% | 3.65% | 4.01% | 11.75% | 7.55% | -2.42% | -1.46% | -0.48% | 1.19% | 0.67% | 0.61% | 0.90% | 0.84% |
Benchmark | 2.07% | 4.99% | 6.08% | 8.09% | 14.54% | 9.43% | 0.47% | -0.40% | 1.36% | 2.95% | 2.81% | 2.20% | 2.61% | 3.90% |
Category Average | 1.35% | 4.07% | 4.80% | 5.67% | 12.21% | 7.69% | 0.60% | 1.32% | 1.98% | 2.78% | - | - | - | - |
Category Rank | 144 / 153 | 98 / 152 | 107 / 116 | 106 / 114 | 87 / 113 | 74 / 113 | 99 / 103 | 91 / 96 | 89 / 92 | 81 / 87 | 78 / 81 | 67 / 69 | 65 / 66 | 41 / 41 |
Quartile Ranking | 4 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -1.14% | 4.78% | 3.72% | 0.21% | -1.01% | 1.16% | -1.71% | 0.92% | 0.45% | 1.80% | 1.53% | 0.64% |
Benchmark | 1.41% | 3.17% | 1.28% | 0.85% | 0.16% | 0.87% | -0.72% | 1.05% | 0.71% | 3.42% | -0.54% | 2.07% |
5.15% (November 2022)
-8.79% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 4.51% | -0.75% | 2.14% | 2.46% | -3.91% | 11.87% | 5.89% | -1.67% | -16.74% | 7.56% |
Benchmark | 12.44% | 15.41% | 0.66% | 2.08% | 5.22% | 5.81% | 8.39% | -3.78% | -10.63% | 6.54% |
Category Average | - | - | - | - | - | 9.03% | 6.89% | 0.56% | -10.54% | 7.62% |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 1 | 3 | 4 | 4 | 3 |
Category Rank | 39/ 40 | 49/ 52 | 64/ 66 | 60/ 75 | 77/ 82 | 13/ 88 | 61/ 92 | 83/ 96 | 97/ 103 | 72/ 113 |
11.87% (2019)
-16.74% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 83.82 |
Foreign Government Bonds | 8.79 |
Cash and Equivalents | 4.40 |
US Equity | 2.93 |
Canadian Government Bonds | 0.07 |
Other | -0.01 |
Name | Percent |
---|---|
Fixed Income | 92.68 |
Cash and Cash Equivalent | 4.39 |
Financial Services | 2.93 |
Name | Percent |
---|---|
North America | 52.06 |
Europe | 46.69 |
Latin America | 0.75 |
Africa and Middle East | 0.46 |
Asia | 0.04 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 3.66 |
United States Treasury 3.00% 15-Aug-2052 | 1.86 |
United States Treasury 4.38% 15-May-2034 | 1.76 |
Wells Fargo & Co - Pfd | 1.10 |
Bank of America Corp 2.68% 19-Jun-2040 | 0.98 |
Goldman Sachs Group Inc 5.15% 22-May-2045 | 0.96 |
BNP Paribas SA 5.18% 09-Jan-2029 | 0.91 |
United States Treasury 4.25% 15-Feb-2054 | 0.88 |
Netflix Inc 3.63% 15-Mar-2030 | 0.80 |
P3 Group SARL 4.63% 13-Feb-2030 | 0.79 |
Desjardins Global Corporate Bond Fund A Class
Median
Other - Global Corp Fixed Income
Standard Deviation | 8.72% | 8.46% | 6.27% |
---|---|---|---|
Beta | 0.88% | 0.84% | 0.41% |
Alpha | -0.03% | -0.01% | -0.01% |
Rsquared | 0.53% | 0.46% | 0.23% |
Sharpe | -0.62% | -0.28% | -0.08% |
Sortino | -0.75% | -0.46% | -0.40% |
Treynor | -0.06% | -0.03% | -0.01% |
Tax Efficiency | - | - | - |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.57% | 8.72% | 8.46% | 6.27% |
Beta | 0.87% | 0.88% | 0.84% | 0.41% |
Alpha | -0.01% | -0.03% | -0.01% | -0.01% |
Rsquared | 0.34% | 0.53% | 0.46% | 0.23% |
Sharpe | 1.01% | -0.62% | -0.28% | -0.08% |
Sortino | 3.09% | -0.75% | -0.46% | -0.40% |
Treynor | 0.08% | -0.06% | -0.03% | -0.01% |
Tax Efficiency | 86.82% | - | - | - |
Start Date | October 18, 2013 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $815 |
FundServ Code | Load Code | Sales Status |
---|---|---|
DJT00145 |
The objective of this Fund is to provide a high income return and some long-term capital appreciation by investing primarily in fixed-income securities of corporations throughout the world.
The management of the Fund is entrusted to a sub-manager who combines macroeconomic top-down analysis with bottom-up fundamental credit research. The Fund will be investing primarily in investment-grade corporate bonds that have a credit rating of BBB or better, or any superior credit rating set by Standard & Poor (“S&P”) or any equivalent credit rating set by another designated rating agency.
Name | Start Date |
---|---|
Desjardins Global Asset Management Inc. | 07-23-2019 |
Western Asset Management Company | 08-03-2021 |
Fund Manager | Desjardins Investments Inc. |
---|---|
Advisor | Desjardins Global Asset Management Inc. |
Custodian | Desjardins Trust Inc. |
Registrar | Desjardins Investments Inc. |
Distributor | - |
Auditor | PriceWaterhouseCoopers LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 25 |
PAC Subsequent | 25 |
SWP Allowed | Yes |
SWP Min Balance | 10,000 |
SWP Min Withdrawal | 100 |
MER | 1.55% |
---|---|
Management Fee | 1.10% |
Load | No Load |
FE Max | - |
DSC Max | - |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | - |
Trailer Fee Max (NL) | 0.50% |
Trailer Fee Max (LL) | - |
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