Join Fund Library now and get free access to personalized features to help you manage your investments.
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (07-25-2024) |
$9.18 |
---|---|
Change |
-$0.01
(-0.07%)
|
As at June 30, 2024
As at June 30, 2024
Inception Return (May 12, 2014): 2.52%
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 | -0.19% | 0.77% | 4.48% | 4.48% | 10.97% | 9.61% | 3.35% | 5.49% | 2.99% | 3.13% | 2.93% | 3.83% | 3.11% | 2.48% |
Benchmark | 1.11% | 0.68% | 2.26% | 2.26% | 7.20% | 5.67% | -1.00% | -1.87% | 0.11% | 1.12% | 1.30% | 1.35% | 2.41% | 3.23% |
Category Average | 0.64% | 0.85% | 0.85% | 0.85% | 5.01% | - | - | - | - | - | - | - | - | - |
Category Rank | 295 / 295 | 79 / 294 | 13 / 293 | 13 / 293 | 13 / 284 | 7 / 283 | 10 / 276 | 10 / 250 | 26 / 238 | 28 / 218 | 29 / 182 | 14 / 156 | 24 / 120 | 41 / 94 |
Quartile Ranking | 4 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 1.27% | 0.04% | 0.12% | -0.16% | 2.76% | 2.05% | 0.97% | 1.50% | 1.17% | 0.63% | 0.32% | -0.19% |
Benchmark | 0.30% | 1.72% | -2.75% | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% | 0.36% | 1.11% |
3.32% (November 2020)
-14.99% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | -3.32% | 8.24% | 6.50% | -1.85% | 8.98% | -1.72% | 3.40% | -4.03% | 9.76% |
Benchmark | 11.01% | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% |
Category Average | - | - | - | - | - | - | - | - | - | - |
Quartile Ranking | - | 4 | 1 | 1 | 3 | 2 | 4 | 1 | 1 | 1 |
Category Rank | - | 100/ 107 | 28/ 131 | 16/ 168 | 144/ 204 | 74/ 234 | 248/ 248 | 36/ 266 | 18/ 276 | 23/ 284 |
9.76% (2023)
-4.03% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 56.80 |
Foreign Government Bonds | 14.16 |
Mortgages | 11.38 |
Cash and Equivalents | 8.09 |
Derivatives | 6.70 |
Other | 2.87 |
Name | Percent |
---|---|
Fixed Income | 84.67 |
Cash and Cash Equivalent | 8.10 |
Real Estate | 0.03 |
Consumer Services | 0.01 |
Telecommunications | 0.00 |
Other | 7.19 |
Name | Percent |
---|---|
North America | 67.95 |
Europe | 19.96 |
Latin America | 5.71 |
Africa and Middle East | 3.75 |
Other | 2.63 |
Name | Percent |
---|---|
United States Treasury 0.13% 15-Jul-2024 | 3.73 |
AmSurg | 2.99 |
Canada Government 01-Aug-2024 | 2.75 |
Eurosail, Series 2007-1X, Class C1A, Mezzanine 4.18% 13-Dec-2041 | 2.62 |
Canada Government 12-Sep-2024 | 2.15 |
Wesco Aircraft Holdings, P.P. 10.50% 15-Nov-2026 | 1.79 |
Syniverse Holdings, BL 8.40% 13-May-2027 | 1.72 |
Stratton Hawksmoor PLC 6.96% 25-Feb-2053 | 1.70 |
Egypt Government 4.75% 16-Apr-2026 | 1.63 |
Cote D'Ivoire Government 5.25% 22-Mar-2030 | 1.53 |
Desjardins Floating Rate Income Fund A Class
Median
Other - Multi-Sector Fixed Income
Standard Deviation | 4.84% | 8.55% | 6.79% |
---|---|---|---|
Beta | 0.30% | 0.14% | -0.08% |
Alpha | 0.04% | 0.03% | 0.03% |
Rsquared | 0.18% | 0.01% | 0.01% |
Sharpe | 0.08% | 0.15% | 0.18% |
Sortino | 0.11% | 0.04% | -0.05% |
Treynor | 0.01% | 0.09% | -0.15% |
Tax Efficiency | 19.76% | 20.40% | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 3.21% | 4.84% | 8.55% | 6.79% |
Beta | 0.26% | 0.30% | 0.14% | -0.08% |
Alpha | 0.09% | 0.04% | 0.03% | 0.03% |
Rsquared | 0.16% | 0.18% | 0.01% | 0.01% |
Sharpe | 1.76% | 0.08% | 0.15% | 0.18% |
Sortino | 11.57% | 0.11% | 0.04% | -0.05% |
Treynor | 0.21% | 0.01% | 0.09% | -0.15% |
Tax Efficiency | 74.86% | 19.76% | 20.40% | - |
Start Date | May 12, 2014 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $101 |
FundServ Code | Load Code | Sales Status |
---|---|---|
DJT00024 |
The objective of the Fund is to provide a high income while minimizing the effects of interest rate fluctuations. The Fund invests primarily in floating-rate and fixed-rate debt securities of issuers throughout the world and enters into derivative instrument transactions to generate a floating rate income.
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, which provide higher income than government bonds from developed markets, like Government of Canada and US Treasury bonds.
Name | Start Date |
---|---|
Desjardins Global Asset Management Inc. | 07-24-2019 |
Pacific Investment Management Co LLC (PIMCO) | 03-31-2023 |
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 | 1,000 |
PAC Subsequent | 25 |
SWP Allowed | Yes |
SWP Min Balance | 1,000 |
SWP Min Withdrawal | 100 |
MER | 1.61% |
---|---|
Management Fee | 1.25% |
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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.