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Desjardins Global Tactical Bond Fund A Class
Multi-Sector Fixed Income
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FundGrade B
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FundGrade A+® Rating Recipient
2020
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|
NAVPS (06-19-2026) |
$8.60 |
|---|---|
| Change |
-$0.02
(-0.19%)
|
As at May 31, 2026
As at May 31, 2026
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Fund Returns
Inception Return (October 18, 2013): 3.15%
| 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 | 0.43% | -1.13% | -0.24% | -0.35% | 5.91% | 6.33% | 6.94% | 5.00% | 1.64% | 2.79% | 2.71% | 3.04% | 2.76% | 3.44% |
| Benchmark | 1.62% | -0.17% | -0.34% | 1.15% | 5.05% | 7.00% | 5.96% | 5.49% | 2.36% | 0.82% | 1.74% | 2.55% | 1.98% | 2.48% |
| Category Average | 0.55% | -0.45% | 0.70% | 0.73% | 4.95% | 5.11% | 4.99% | - | - | - | - | - | - | - |
| Category Rank | 250 / 319 | 283 / 318 | 259 / 312 | 299 / 314 | 94 / 303 | 86 / 282 | 61 / 273 | 84 / 263 | 153 / 253 | 123 / 235 | 111 / 219 | 98 / 202 | 84 / 179 | 66 / 151 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 2 | 2 | 1 | 2 | 3 | 3 | 3 | 2 | 2 | 2 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.64% | 0.45% | 1.31% | 0.94% | 1.08% | 0.60% | 0.11% | 0.14% | 0.65% | -2.77% | 1.25% | 0.43% |
| Benchmark | 1.36% | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% |
Best Monthly Return Since Inception
4.90% (November 2023)
Worst Monthly Return Since Inception
-11.56% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.65% | 7.67% | -2.01% | 12.76% | 5.62% | -0.21% | -14.35% | 8.98% | 7.36% | 7.80% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | 2 | 1 | 3 | 1 | 2 | 3 | 4 | 1 | 2 | 1 |
| Category Rank | 41/ 119 | 8/ 166 | 136/ 192 | 12/ 213 | 91/ 234 | 178/ 247 | 248/ 255 | 45/ 273 | 77/ 282 | 28/ 298 |
Best Calendar Return (Last 10 years)
12.76% (2019)
Worst Calendar Return (Last 10 years)
-14.35% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 56.75 |
| Foreign Government Bonds | 19.37 |
| Foreign Bonds - Other | 10.93 |
| Cash and Equivalents | 9.07 |
| Mortgages | 2.26 |
| Other | 1.62 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 90.20 |
| Cash and Cash Equivalent | 9.07 |
| Real Estate | 0.06 |
| Consumer Services | 0.03 |
| Telecommunications | 0.02 |
| Other | 0.62 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 54.26 |
| Europe | 24.41 |
| Latin America | 5.53 |
| Asia | 3.53 |
| Africa and Middle East | 2.27 |
| Other | 10.00 |
Top Holdings
| Name | Percent |
|---|---|
| Federal National Mrtgage Assoc 5.00% 12-Jun-2025 | 7.42 |
| United States Treasury 4.00% 15-Nov-2052 | 2.83 |
| AmSurg | 2.23 |
| Eurosail, Series 2007-1X, Class C1A, Mezzanine 2.56% 13-Dec-2041 | 2.04 |
| Canada Treasury Bills | 1.91 |
| RD Michigan Property Owner I, P.P 7.50% 30-Mar-2045 | 1.79 |
| Canada Treasury Bills | 1.77 |
| Canada Treasury Bills | 1.72 |
| Cogent Communications Grp LLC 7.00% 15-Jun-2027 | 1.52 |
| Beignet Investor, P.P. 6.58% 30-May-2049 | 1.42 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Desjardins Global Tactical Bond Fund A Class
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 4.90% | 6.42% | 6.56% |
|---|---|---|---|
| Beta | 0.57 | 0.73 | 0.47 |
| Alpha | 0.03 | 0.00 | 0.02 |
| Rsquared | 0.29% | 0.46% | 0.18% |
| Sharpe | 0.67 | -0.17 | 0.26 |
| Sortino | 1.48 | -0.25 | 0.12 |
| Treynor | 0.06 | -0.01 | 0.04 |
| Tax Efficiency | 60.08% | - | 29.63% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.92% | 4.90% | 6.42% | 6.56% |
| Beta | 0.38 | 0.57 | 0.73 | 0.47 |
| Alpha | 0.04 | 0.03 | 0.00 | 0.02 |
| Rsquared | 0.16% | 0.29% | 0.46% | 0.18% |
| Sharpe | 0.89 | 0.67 | -0.17 | 0.26 |
| Sortino | 0.93 | 1.48 | -0.25 | 0.12 |
| Treynor | 0.09 | 0.06 | -0.01 | 0.04 |
| Tax Efficiency | 39.93% | 60.08% | - | 29.63% |
Fund Details
| 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) | $412 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00144 |
Investment Objectives
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 issuers throughout the world.
Investment Strategy
The management of the Fund is entrusted to a sub-manager who combines a top-down analysis for asset allocation, with a bottom-up analysis for security selection. The Fund invests primarily in global credit markets including, without limitation, investment-grade corporate bonds, high-yield corporate bonds and emerging market bonds. The investment-grade corporate bonds have a DBRS credit rating of BBB or better, or any equivalent credit rating set by another designated rating organization.
Portfolio Management
| Portfolio Manager |
Desjardins Global Asset Management Inc. |
|---|---|
| Sub-Advisor |
Pacific Investment Management Co LLC (PIMCO)
|
Management and Organization
| Fund Manager |
Desjardins Investments Inc. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Desjardins Investments Inc. |
| Distributor |
- |
Investment Minimums
| 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 |
Fees
| MER | 1.54% |
|---|---|
| Management Fee | 1.19% |
| 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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