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Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (11-25-2024) |
$9.88 |
|---|---|
| Change |
$0.03
(0.32%)
|
As at October 31, 2024
As at October 31, 2024
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Inception Return (April 30, 2014): 1.50%
| 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 | -0.41% | 1.32% | 4.76% | 5.43% | 9.41% | 6.01% | 1.90% | 1.02% | 1.82% | 2.21% | 1.75% | 1.47% | 1.49% | 1.53% |
| Benchmark | -0.30% | 1.59% | 4.68% | 4.73% | 8.05% | 5.17% | 1.98% | 1.23% | 1.90% | 2.33% | 2.02% | 1.77% | 1.79% | 1.87% |
| Category Average | -0.28% | 1.36% | 4.16% | 4.34% | 7.89% | 5.02% | 1.58% | 1.13% | 1.59% | 1.92% | 1.61% | 1.41% | 1.41% | 1.34% |
| Category Rank | 298 / 325 | 253 / 319 | 94 / 310 | 66 / 278 | 55 / 276 | 80 / 259 | 142 / 247 | 161 / 233 | 129 / 228 | 115 / 214 | 125 / 201 | 119 / 183 | 117 / 178 | 100 / 161 |
| Quartile Ranking | 4 | 4 | 2 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.86% | 1.88% | 0.05% | 0.34% | 0.60% | -0.34% | 1.02% | 0.82% | 1.52% | 0.35% | 1.39% | -0.41% |
| Benchmark | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% |
2.44% (April 2020)
-1.95% (March 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 1.93% | 0.78% | -0.46% | 0.70% | 2.87% | 5.79% | -1.82% | -5.09% | 5.35% |
| 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 | - | 2 | 3 | 4 | 3 | 3 | 1 | 4 | 4 | 2 |
| Category Rank | - | 64/ 165 | 117/ 178 | 153/ 183 | 143/ 203 | 133/ 218 | 37/ 228 | 215/ 234 | 205/ 248 | 104/ 259 |
5.79% (2020)
-5.09% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 51.11 |
| Canadian Corporate Bonds | 39.88 |
| Cash and Equivalents | 9.02 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Fixed Income | 90.98 |
| Cash and Cash Equivalent | 9.02 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Housing Trust No 1 1.25% 15-Jun-2026 | 11.36 |
| Canada Government 3.25% 01-Sep-2028 | 10.85 |
| Canada Housing Trust No 1 2.35% 15-Jun-2027 | 10.52 |
| Canada Government 2.75% 01-Sep-2027 | 8.74 |
| SmartCentres REIT 5.35% 29-May-2028 | 4.92 |
| Canadian Imperial Bank Commrce 4.90% 12-Jun-2029 | 4.85 |
| Bank of Nova Scotia 3.10% 02-Feb-2028 | 4.63 |
| Canada Housing Trust No 1 2.65% 15-Dec-2028 | 4.62 |
| Choice Properties REIT 3.53% 11-Jun-2029 | 4.61 |
| Capital Power Corp 5.82% 15-Sep-2028 | 3.95 |
Guardian Short Duration Bond Fund Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 3.31% | 3.04% | 2.35% |
|---|---|---|---|
| Beta | 1.13% | 1.18% | 1.12% |
| Alpha | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.95% | 0.89% | 0.89% |
| Sharpe | -0.46% | -0.14% | -0.01% |
| Sortino | -0.43% | -0.51% | -0.80% |
| Treynor | -0.01% | 0.00% | 0.00% |
| Tax Efficiency | 53.29% | 60.67% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.76% | 3.31% | 3.04% | 2.35% |
| Beta | 1.09% | 1.13% | 1.18% | 1.12% |
| Alpha | 0.01% | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.96% | 0.95% | 0.89% | 0.89% |
| Sharpe | 1.61% | -0.46% | -0.14% | -0.01% |
| Sortino | 6.64% | -0.43% | -0.51% | -0.80% |
| Treynor | 0.04% | -0.01% | 0.00% | 0.00% |
| Tax Efficiency | 86.36% | 53.29% | 60.67% | - |
| Start Date | April 30, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $0 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GCG503 |
The principal objective of the Fund is the provision of current interest income while at the same time preserving capital and seeking opportunities for capital appreciation, while maintaining relatively short portfolio duration, through investment in bonds, debentures, notes or other evidence of indebtedness.
We use a pro-active, disciplined management approach while employing various analytical tools to identify investments that offer value on a relative basis with a view to providing current income while maintaining relatively short portfolio duration and preserving the prospect for some potential capital growth. We adhere to a risk management process that is designed to limit total exposure to individual issuers, diversify exposure to various credit risks, and maintain portfolio liquidity.
| Name | Start Date |
|---|---|
| Derrick Knie | 02-20-2020 |
| Fund Manager | Guardian Capital LP |
|---|---|
| Advisor | Guardian Capital LP |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | RBC Investor Services Trust (Canada) |
| Distributor | Worldsource Financial Management Inc. |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 0.96% |
|---|---|
| Management Fee | 0.80% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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