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Global Corp Fixed Income
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NAVPS (07-25-2024) |
$8.10 |
---|---|
Change |
$0.00
(0.04%)
|
As at June 30, 2024
As at June 30, 2024
Inception Return (October 18, 2013): 0.76%
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 | 0.45% | -0.36% | -0.01% | -0.01% | 5.25% | 2.71% | -3.76% | -2.06% | -0.73% | 0.61% | 0.17% | 0.21% | 0.40% | 0.44% |
Benchmark | 0.71% | 1.05% | 2.95% | 2.95% | 8.54% | 6.52% | -0.42% | -1.32% | 0.89% | 1.89% | 1.88% | 1.97% | 2.85% | 3.67% |
Category Average | 0.73% | 1.54% | 1.54% | 1.54% | 6.44% | 4.52% | -0.65% | 0.79% | 1.47% | 2.19% | - | - | - | - |
Category Rank | 112 / 122 | 113 / 116 | 100 / 114 | 100 / 114 | 88 / 113 | 89 / 109 | 91 / 98 | 84 / 92 | 86 / 90 | 76 / 83 | 76 / 79 | 66 / 68 | 52 / 52 | 40 / 40 |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.76% | -0.65% | -2.14% | -1.14% | 4.78% | 3.72% | 0.21% | -1.01% | 1.16% | -1.71% | 0.92% | 0.45% |
Benchmark | 0.45% | 1.77% | -2.69% | 1.41% | 3.17% | 1.28% | 0.85% | 0.16% | 0.87% | -0.72% | 1.05% | 0.71% |
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 | 38/ 39 | 48/ 51 | 62/ 65 | 59/ 74 | 76/ 81 | 13/ 87 | 60/ 91 | 83/ 95 | 96/ 102 | 72/ 112 |
11.87% (2019)
-16.74% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 84.82 |
Foreign Government Bonds | 7.80 |
Cash and Equivalents | 4.04 |
US Equity | 3.27 |
Canadian Government Bonds | 0.06 |
Other | 0.01 |
Name | Percent |
---|---|
Fixed Income | 92.69 |
Cash and Cash Equivalent | 4.04 |
Financial Services | 3.27 |
Name | Percent |
---|---|
North America | 52.11 |
Europe | 46.28 |
Latin America | 1.09 |
Africa and Middle East | 0.47 |
Asia | 0.03 |
Other | 0.02 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 2.42 |
United States Treasury 3.00% 15-Aug-2052 | 1.31 |
JPMorgan Chase & Co 2.58% 22-Apr-2031 | 1.27 |
United States Treasury 3.88% 15-Aug-2033 | 0.96 |
Wells Fargo & Co - Pfd | 0.94 |
Goldman Sachs Group Inc 5.15% 22-May-2045 | 0.94 |
CVS Health Corp 5.05% 25-Sep-2047 | 0.94 |
ENEL Finance International NV 5.00% 15-Mar-2032 | 0.85 |
Mexico Government 3.50% 12-Nov-2033 | 0.84 |
Bank of America Corp 2.68% 19-Jun-2040 | 0.82 |
Desjardins Global Corporate Bond Fund A Class
Median
Other - Global Corp Fixed Income
Standard Deviation | 8.62% | 8.46% | 6.24% |
---|---|---|---|
Beta | 0.91% | 0.86% | 0.41% |
Alpha | -0.03% | -0.01% | -0.01% |
Rsquared | 0.55% | 0.47% | 0.23% |
Sharpe | -0.75% | -0.29% | -0.14% |
Sortino | -0.95% | -0.50% | -0.48% |
Treynor | -0.07% | -0.03% | -0.02% |
Tax Efficiency | - | - | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 7.20% | 8.62% | 8.46% | 6.24% |
Beta | 1.04% | 0.91% | 0.86% | 0.41% |
Alpha | -0.03% | -0.03% | -0.01% | -0.01% |
Rsquared | 0.51% | 0.55% | 0.47% | 0.23% |
Sharpe | 0.07% | -0.75% | -0.29% | -0.14% |
Sortino | 0.63% | -0.95% | -0.50% | -0.48% |
Treynor | 0.00% | -0.07% | -0.03% | -0.02% |
Tax Efficiency | 70.98% | - | - | - |
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) | $919 |
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 | 1.20% |
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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