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IPC Monthly Income Portfolio Series A

Canadian Neutral Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(04-16-2024)
$7.89
Change
-$0.03 (-0.36%)

As at March 31, 2024

As at January 31, 2024

Period
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Legend

IPC Monthly Income Portfolio Series A

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Fund Returns

Inception Return (January 19, 2004): 4.05%

Fund Returns
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 1.52% 2.58% 9.82% 2.58% 6.67% 1.37% 3.21% 6.15% 3.12% 3.29% 2.97% 3.59% 2.72% 3.32%
Benchmark 2.49% 3.02% 11.45% 3.02% 8.50% 2.25% 4.35% 8.81% 5.72% 5.93% 5.33% 5.97% 4.90% 5.27%
Category Average 1.86% 11.41% 11.41% 3.77% 8.76% 2.37% 3.43% 7.70% 4.72% 4.57% 4.21% 4.68% 3.79% 4.24%
Category Rank 392 / 447 433 / 447 431 / 445 433 / 447 417 / 436 356 / 417 324 / 394 365 / 383 369 / 372 359 / 362 339 / 349 327 / 337 299 / 304 273 / 292
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.53% -3.21% 1.79% 0.70% -0.71% -2.89% -1.28% 5.19% 3.09% 0.07% 0.98% 1.52%
Benchmark 2.00% -3.45% 1.83% 0.93% -0.84% -3.01% -1.57% 6.01% 3.69% -0.31% 0.82% 2.49%

Best Monthly Return Since Inception

5.27% (November 2020)

Worst Monthly Return Since Inception

-9.52% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 9.29% -1.21% 7.48% 5.26% -4.62% 10.02% 0.09% 11.87% -8.18% 7.26%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 2 3 3 3 3 4 4 3 3 4
Category Rank 111/ 291 208/ 304 194/ 336 243/ 349 225/ 360 362/ 370 360/ 379 218/ 394 228/ 414 340/ 434

Best Calendar Return (Last 10 years)

11.87% (2021)

Worst Calendar Return (Last 10 years)

-8.18% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 34.29
Canadian Corporate Bonds 16.81
Canadian Government Bonds 14.33
US Equity 9.24
Cash and Equivalents 7.74
Other 17.59

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 40.10
Financial Services 11.72
Real Estate 8.31
Cash and Cash Equivalent 7.73
Consumer Services 6.50
Other 25.64

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.09
Asia 5.35
Europe 3.42
Latin America 0.95
Africa and Middle East 0.15
Other 0.04

Top Holdings

Top Holdings
Name Percent
Counsel Canadian Core Fixed Income Series O 36.15
Counsel Canadian Dividend Series O 15.56
IPC Multi-Factor Canadian Equity Series P 12.66
Counsel Global Dividend Series O 10.22
IPC Canadian Equity Series O 8.85
Counsel North American High Yield Bond Series P 7.11
Counsel Global Real Estate Series O 5.72
Counsel Global Fixed Income Series P 3.74
United States Dollars 0.00
Canadian Dollars -0.01

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

IPC Monthly Income Portfolio Series A

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 8.35% 8.77% 7.20%
Beta 0.87% 0.84% 0.85%
Alpha -0.01% -0.02% -0.01%
Rsquared 0.97% 0.96% 0.92%
Sharpe 0.11% 0.17% 0.30%
Sortino 0.09% 0.07% 0.10%
Treynor 0.01% 0.02% 0.03%
Tax Efficiency 21.09% 40.67% 59.38%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.27% 8.35% 8.77% 7.20%
Beta 0.86% 0.87% 0.84% 0.85%
Alpha -0.01% -0.01% -0.02% -0.01%
Rsquared 0.99% 0.97% 0.96% 0.92%
Sharpe 0.25% 0.11% 0.17% 0.30%
Sortino 0.75% 0.09% 0.07% 0.10%
Treynor 0.02% 0.01% 0.02% 0.03%
Tax Efficiency 78.70% 21.09% 40.67% 59.38%

Fund Details

Start Date January 19, 2004
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $384

Fund Codes

FundServ Code Load Code Sales Status
CGF550
CGF552
CGF553

Investment Objectives

IPC Monthly Income Portfolio seeks to provide a regular stream of income with the potential for modest, long-term capital growth. The Fund invests, either directly or through securities of other mutual funds, primarily in Canadian and U.S. higher-yielding fixed-income securities, income trusts, convertible securities, mortgage-backed securities and money market instruments. The Fund also invests in Canadian and foreign common and preferred equity securities.

Investment Strategy

The Fund invests up to 100% of its assets in securities of other mutual funds using strategic asset allocation as its principal investment strategy. The Fund’s asset class weightings will generally be 45%-65% in equity securities and 35%-55% in fixed income securities. The Fund may invest in any type or quality of fixed-income security, income trust, equity security, mortgage-backed security or money market instrument.

Portfolio Manager(s)

Name Start Date
Counsel Portfolio Services Inc. 07-28-2006

Management and Organization

Fund Manager Counsel Portfolio Services Inc.
Advisor Counsel Portfolio Services Inc.
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte & Touche

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 0

Fees

MER 2.22%
Management Fee 1.80%
Load Choice of Front or Back
FE Max 5.00%
DSC Max 4.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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