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Canadian Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (10-21-2024) |
$9.56 |
|---|---|
| Change |
-$0.07
(-0.68%)
|
As at September 30, 2024
As at September 30, 2024
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Inception Return (January 12, 2004): 2.51%
| 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 | 1.88% | 4.55% | 5.30% | 3.95% | 12.88% | 5.36% | -1.05% | -1.24% | -0.42% | 1.03% | 0.82% | 0.24% | 0.81% | 0.99% |
| Benchmark | 1.82% | 4.54% | 5.56% | 4.21% | 12.78% | 5.31% | -0.07% | -1.04% | 0.55% | 2.05% | 2.01% | 1.33% | 1.88% | 2.23% |
| Category Average | 1.80% | 5.19% | 5.19% | 4.02% | 12.41% | 5.32% | -0.66% | -1.18% | 0.24% | 1.46% | 1.32% | 0.83% | 1.29% | 1.40% |
| Category Rank | 303 / 660 | 338 / 647 | 399 / 635 | 507 / 631 | 299 / 626 | 409 / 605 | 523 / 584 | 369 / 550 | 500 / 519 | 434 / 480 | 417 / 445 | 400 / 419 | 343 / 365 | 308 / 330 |
| Quartile Ranking | 2 | 3 | 3 | 4 | 2 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.27% | 4.52% | 3.62% | -1.43% | -0.34% | 0.49% | -2.13% | 1.85% | 1.05% | 2.29% | 0.31% | 1.88% |
| Benchmark | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% | 1.82% |
4.52% (November 2023)
-7.28% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.99% | 1.46% | 1.08% | 1.25% | -0.94% | 7.23% | 5.33% | -2.56% | -13.16% | 6.26% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 1 | 4 | 2 | 4 | 3 |
| Category Rank | 208/ 317 | 284/ 347 | 293/ 381 | 343/ 426 | 433/ 452 | 102/ 500 | 520/ 530 | 262/ 561 | 554/ 590 | 386/ 606 |
7.23% (2019)
-13.16% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 35.20 |
| Canadian Government Bonds | 30.97 |
| Cash and Equivalents | 14.15 |
| Foreign Corporate Bonds | 9.35 |
| Mortgages | 4.76 |
| Other | 5.57 |
| Name | Percent |
|---|---|
| Fixed Income | 85.85 |
| Cash and Cash Equivalent | 14.15 |
| Name | Percent |
|---|---|
| North America | 93.05 |
| Europe | 5.43 |
| Latin America | 1.26 |
| Africa and Middle East | 0.09 |
| Asia | 0.08 |
| Other | 0.09 |
| Name | Percent |
|---|---|
| Ontario Province 3.50% 02-Jun-2043 | 3.16 |
| Cash and Cash Equivalents | 3.11 |
| Canada Government 2.25% 01-Dec-2029 | 2.76 |
| Ontario Province 2.90% 02-Dec-2046 | 2.40 |
| Quebec Province 3.50% 01-Dec-2048 | 1.99 |
| Alberta Province 4.15% 01-Jun-2033 | 1.50 |
| Quebec City 1.80% 05-Mar-2025 | 1.31 |
| Bank of Montreal 4.42% 17-Jul-2029 | 1.26 |
| British Columbia Province 2.95% 18-Jun-2050 | 1.18 |
| Canada Government 3.00% 01-Dec-2036 | 1.18 |
Desjardins Enhanced Bond Fund A Class
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.68% | 7.48% | 5.91% |
|---|---|---|---|
| Beta | 1.06% | 1.09% | 1.03% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.94% | 0.86% | 0.87% |
| Sharpe | -0.54% | -0.32% | -0.07% |
| Sortino | -0.66% | -0.54% | -0.40% |
| Treynor | -0.04% | -0.02% | 0.00% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.70% | 7.68% | 7.48% | 5.91% |
| Beta | 0.92% | 1.06% | 1.09% | 1.03% |
| Alpha | 0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.83% | 0.94% | 0.86% | 0.87% |
| Sharpe | 1.14% | -0.54% | -0.32% | -0.07% |
| Sortino | 3.15% | -0.66% | -0.54% | -0.40% |
| Treynor | 0.08% | -0.04% | -0.02% | 0.00% |
| Tax Efficiency | 90.06% | - | - | - |
| Start Date | January 12, 2004 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,069 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00051 |
The objective of this Fund is to provide unitholders with a high and regular income return, as well as a greater security of capital. The Fund’s portfolio consists of a variety of debt securities of Canadian governments and corporations, along with foreign debt securities. Any modification of the fundamental investment objective must be approved by the unitholders by a majority vote at a meeting called for this purpose.
The management of the Fund is entrusted to a sub-manager who, through credit research and economic analysis, combines fundamental and quantitative analyses in order to validate and optimize the opportunities that are available in the markets. The sub-manager mainly selects securities from Canadian and foreign corporate and governmental issuers with a DBRS credit rating of BBB or better, or any equivalent credit rating set by another designated rating organization.
| Name | Start Date |
|---|---|
| Desjardins Global Asset Management Inc. | 01-12-2004 |
| Sanford C. Bernstein & Co., LLC | 01-12-2004 |
| Fund Manager | Desjardins Investments Inc. |
|---|---|
| Advisor | Desjardins Global Asset Management Inc. |
| Custodian | Desjardins Trust Inc. |
| Registrar | Desjardins Investments Inc. |
| Distributor | Desjardins Investments Inc. |
| 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 | 1.32% |
|---|---|
| Management Fee | 0.86% |
| 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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