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Global Corp Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (12-20-2024) |
$8.08 |
|---|---|
| Change |
$0.03
(0.31%)
|
As at November 30, 2024
As at November 30, 2024
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Inception Return (October 18, 2013): 1.06%
| 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 | 1.21% | 0.36% | 4.19% | 3.71% | 7.57% | 5.06% | -2.46% | -2.12% | -0.60% | 1.45% | 0.62% | 0.84% | 0.84% | 0.73% |
| Benchmark | 1.01% | 3.55% | 7.27% | 9.66% | 11.06% | 8.26% | 1.01% | 0.00% | 1.40% | 3.07% | 2.50% | 2.72% | 2.91% | 3.78% |
| Category Average | 1.13% | 1.75% | 5.24% | 6.09% | 9.29% | 6.53% | 0.85% | 0.91% | 1.97% | 3.09% | - | - | - | - |
| Category Rank | 89 / 158 | 138 / 154 | 108 / 123 | 101 / 114 | 100 / 114 | 94 / 113 | 96 / 103 | 91 / 96 | 89 / 92 | 79 / 88 | 79 / 82 | 68 / 69 | 65 / 66 | 44 / 44 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.72% | 0.21% | -1.01% | 1.16% | -1.71% | 0.92% | 0.45% | 1.80% | 1.53% | 0.64% | -1.48% | 1.21% |
| Benchmark | 1.28% | 0.85% | 0.16% | 0.87% | -0.72% | 1.05% | 0.71% | 3.42% | -0.54% | 2.07% | 0.44% | 1.01% |
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 | 75.58 |
| Foreign Government Bonds | 16.08 |
| Cash and Equivalents | 5.23 |
| US Equity | 3.02 |
| Canadian Government Bonds | 0.07 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Fixed Income | 91.74 |
| Cash and Cash Equivalent | 5.24 |
| Financial Services | 3.02 |
| Name | Percent |
|---|---|
| North America | 55.18 |
| Europe | 43.06 |
| Latin America | 0.76 |
| Africa and Middle East | 0.46 |
| Asia | 0.04 |
| Other | 0.50 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 4.28 |
| United States Treasury 4.63% 30-Apr-2029 | 2.23 |
| United States Treasury 3.88% 15-Aug-2034 | 1.99 |
| European Investment Bank 4.75% 15-Jun-2029 | 1.99 |
| United States Treasury 3.00% 15-Aug-2052 | 1.39 |
| Wells Fargo & Co - Pfd | 1.13 |
| Bank of America Corp 2.68% 19-Jun-2040 | 0.99 |
| Goldman Sachs Group Inc 5.15% 22-May-2045 | 0.97 |
| BNP Paribas SA 5.18% 09-Jan-2029 | 0.94 |
| United States Treasury 4.38% 15-May-2034 | 0.88 |
Desjardins Global Corporate Bond Fund A Class
Median
Other - Global Corp Fixed Income
| Standard Deviation | 8.79% | 8.50% | 6.30% |
|---|---|---|---|
| Beta | 0.97% | 0.84% | 0.41% |
| Alpha | -0.03% | -0.02% | -0.01% |
| Rsquared | 0.58% | 0.45% | 0.23% |
| Sharpe | -0.64% | -0.30% | -0.11% |
| Sortino | -0.75% | -0.48% | -0.42% |
| Treynor | -0.06% | -0.03% | -0.02% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.24% | 8.79% | 8.50% | 6.30% |
| Beta | 0.67% | 0.97% | 0.84% | 0.41% |
| Alpha | 0.00% | -0.03% | -0.02% | -0.01% |
| Rsquared | 0.24% | 0.58% | 0.45% | 0.23% |
| Sharpe | 0.56% | -0.64% | -0.30% | -0.11% |
| Sortino | 1.53% | -0.75% | -0.48% | -0.42% |
| Treynor | 0.04% | -0.06% | -0.03% | -0.02% |
| Tax Efficiency | 80.27% | - | - | - |
| 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) | $807 |
| 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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