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Cdn Short Term Fixed Inc
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2023
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|
NAVPS (07-25-2024) |
$9.32 |
|---|---|
| Change |
$0.00
(-0.01%)
|
As at June 30, 2024
As at April 30, 2024
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Inception Return (September 09, 2013): 1.52%
| 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 | 0.32% | 1.05% | 2.56% | 2.56% | 5.17% | 5.11% | 2.70% | 2.39% | 2.11% | 2.02% | 1.83% | 1.77% | 1.47% | 1.34% |
| Benchmark | 0.79% | 1.25% | 1.70% | 1.70% | 5.74% | 3.40% | 0.69% | 0.68% | 1.40% | 1.82% | 1.62% | 1.45% | 1.45% | 1.64% |
| Category Average | 0.67% | 1.62% | 1.62% | 1.62% | 5.28% | 3.29% | 0.46% | 0.72% | 1.13% | 1.45% | 1.24% | 1.12% | 1.05% | 1.09% |
| Category Rank | 314 / 320 | 247 / 316 | 55 / 287 | 55 / 287 | 203 / 281 | 26 / 265 | 19 / 249 | 26 / 234 | 42 / 227 | 81 / 215 | 76 / 202 | 63 / 185 | 79 / 171 | 91 / 160 |
| Quartile Ranking | 4 | 4 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.49% | 0.34% | 0.29% | 0.25% | 0.44% | 0.71% | 0.63% | 0.47% | 0.38% | 0.42% | 0.31% | 0.32% |
| Benchmark | -0.08% | 0.39% | -0.32% | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% |
1.73% (April 2020)
-2.67% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.23% | -1.19% | 1.09% | 1.28% | 0.02% | 2.18% | 2.09% | -0.38% | 0.31% | 5.53% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 4 | 4 | 3 | 1 | 4 | 4 | 4 | 2 | 1 | 2 |
| Category Rank | 129/ 145 | 159/ 166 | 95/ 179 | 39/ 187 | 186/ 207 | 185/ 223 | 216/ 233 | 71/ 239 | 17/ 253 | 93/ 267 |
5.53% (2023)
-1.19% (2015)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 61.52 |
| Cash and Equivalents | 38.61 |
| Derivatives | -0.13 |
| Name | Percent |
|---|---|
| Fixed Income | 61.52 |
| Cash and Cash Equivalent | 38.61 |
| Other | -0.13 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 29.60 |
| Toronto-Dominion Bank (The) Interest Rate Swap variable 5.00% 11-Mar-2028 | 9.55 |
| Toronto-Dominion Bank 5.49% 08-Sep-2028 | 8.65 |
| Bank of Nova Scotia (The) Interest Rate Swap variable May 25 5.33% 25-May-2028 | 8.45 |
| Royal Bank of Canada 4.63% 01-May-2028 | 8.39 |
| Toronto-Dominion Bank (The) Interest Rate Swap variable 5.00% 11-Mar-2027 | 7.89 |
| Bank of Montreal 4.54% 18-Dec-2028 | 7.85 |
| Toronto-Dominion Bank (The) Interest Rate Swap variable 5.00% 14-Mar-2029 | 5.52 |
| Toronto-Dominion Bank (The) Interest Rate Swap variable 5.00% 08-Mar-2029 | 4.78 |
| Toronto-Dominion Bank (The) Interest Rate Swap variable 5.00% 17-Aug-2028 | 4.68 |
Dynamic Investment Grade Floating Rate Fund Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 1.30% | 1.85% | 1.45% |
|---|---|---|---|
| Beta | 0.21% | 0.27% | 0.21% |
| Alpha | 0.03% | 0.02% | 0.01% |
| Rsquared | 0.20% | 0.12% | 0.07% |
| Sharpe | -0.25% | 0.01% | -0.09% |
| Sortino | -0.33% | -0.57% | -1.25% |
| Treynor | -0.02% | 0.00% | -0.01% |
| Tax Efficiency | 30.09% | 33.78% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.48% | 1.30% | 1.85% | 1.45% |
| Beta | 0.02% | 0.21% | 0.27% | 0.21% |
| Alpha | 0.05% | 0.03% | 0.02% | 0.01% |
| Rsquared | 0.01% | 0.20% | 0.12% | 0.07% |
| Sharpe | 0.40% | -0.25% | 0.01% | -0.09% |
| Sortino | - | -0.33% | -0.57% | -1.25% |
| Treynor | 0.09% | -0.02% | 0.00% | -0.01% |
| Tax Efficiency | 40.32% | 30.09% | 33.78% | - |
| Start Date | September 09, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $202 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DYN2740 | ||
| DYN2741 | ||
| DYN2742 | ||
| DYN7029 |
Dynamic Investment Grade Floating Rate Fund seeks to provide interest income while preserving capital and mitigating the effects of interest rate fluctuations. Before a fundamental change is made to the investment objectives of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders
To achieve the Fund's investment objectives, the portfolio advisor invests primarily in North American investment grade corporate bonds while using interest rate derivatives to minimize interest rate risk and deliver a floating rate of income. The Fund may also invest in high yield securities as long as the overall credit rating of the Fund remains BBB- or above.
| Name | Start Date |
|---|---|
| Marc-André Gaudreau | 09-10-2013 |
| Fund Manager | 1832 Asset Management L.P. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | State Street Trust Company Canada |
| Registrar | 1832 Asset Management L.P. |
| Distributor | 1832 Asset Management L.P. |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 100 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.03% |
|---|---|
| Management Fee | 0.80% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.25% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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