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Cdn Short Term Fixed Inc
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|
NAVPS (12-20-2024) |
$13.43 |
|---|---|
| Change |
-$0.01
(-0.05%)
|
As at November 30, 2024
As at November 30, 2024
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Inception Return (June 11, 2004): 1.45%
| 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 | 0.08% | 0.33% | 1.39% | 3.41% | 3.78% | 4.21% | 3.30% | 2.55% | 2.16% | 2.07% | 1.96% | 1.79% | 1.63% | 1.53% |
| Benchmark | 0.48% | 1.44% | 4.29% | 5.23% | 6.79% | 5.10% | 2.06% | 1.30% | 1.98% | 2.31% | 2.07% | 1.89% | 1.84% | 1.88% |
| Category Average | 0.57% | 1.44% | 3.95% | 4.94% | 6.64% | 4.84% | 1.79% | 1.14% | 1.69% | 1.97% | 1.68% | 1.54% | 1.49% | 1.37% |
| Category Rank | 323 / 324 | 319 / 321 | 311 / 312 | 276 / 280 | 276 / 280 | 238 / 261 | 36 / 247 | 31 / 234 | 98 / 228 | 138 / 217 | 112 / 202 | 100 / 183 | 110 / 178 | 107 / 165 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 3 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.37% | 0.85% | 0.37% | -0.08% | 0.48% | 0.35% | 0.27% | 0.38% | 0.39% | 0.16% | 0.09% | 0.08% |
| Benchmark | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% | 0.48% |
0.85% (January 2024)
-0.20% (June 2004)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.70% | 0.62% | 0.43% | 0.71% | 1.26% | 1.68% | 0.45% | 0.28% | 1.93% | 4.52% |
| 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 | 4 | 2 | 2 | 4 | 4 | 1 | 1 | 3 |
| Category Rank | 141/ 145 | 130/ 165 | 140/ 178 | 68/ 183 | 90/ 203 | 206/ 218 | 226/ 228 | 38/ 234 | 1/ 248 | 192/ 261 |
4.52% (2023)
0.28% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 100.00 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 100.00 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 100.00 |
Middlefield High Interest Income Class Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 0.67% | 0.68% | 0.54% |
|---|---|---|---|
| Beta | 0.06% | 0.06% | 0.05% |
| Alpha | 0.03% | 0.02% | 0.01% |
| Rsquared | 0.07% | 0.04% | 0.03% |
| Sharpe | -0.44% | -0.22% | -0.16% |
| Sortino | 0.62% | -1.44% | -2.37% |
| Treynor | -0.05% | -0.03% | -0.02% |
| Tax Efficiency | 100.00% | 100.00% | 100.00% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.82% | 0.67% | 0.68% | 0.54% |
| Beta | -0.07% | 0.06% | 0.06% | 0.05% |
| Alpha | 0.04% | 0.03% | 0.02% | 0.01% |
| Rsquared | 0.04% | 0.07% | 0.04% | 0.03% |
| Sharpe | -0.95% | -0.44% | -0.22% | -0.16% |
| Sortino | 1.75% | 0.62% | -1.44% | -2.37% |
| Treynor | 0.11% | -0.05% | -0.03% | -0.02% |
| Tax Efficiency | 100.00% | 100.00% | 100.00% | 100.00% |
| Start Date | June 11, 2004 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $3 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MID400 | ||
| MID424 | ||
| MID425 |
The Fund's objective is to provide a high level of interest income, while emphasizing capital preservation and liquidity. The Fund invests in high quality fixed income securities, with maturities of generally not more than three years, including treasury bills and other short-term debt instruments. Investments are predominantly issued or guaranteed by federal or provincial governments, banks, or trust and loan companies, and may also include high grade commercial paper issued by corporations.
The Fund follows a philosophy of cost minimization in order to maximize returns. The securities in which the Fund invests are high quality short-term instruments such as government guaranteed securities, bankers’ acceptances and corporate paper. Cost minimization is achieved through low management fees and low investment turnover as investments are generally held to maturity.
| Name | Start Date |
|---|---|
| Robert F. Lauzon | 06-11-2004 |
| Fund Manager | Middlefield Limited (ML) |
|---|---|
| Advisor | Middlefield Capital Corporation (MCC) |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | RBC Investor Services Trust (Canada) |
| Distributor | Middlefield Capital Corporation (MCC) |
| Auditor | Deloitte and Touche LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 1,000 |
| SWP Min Withdrawal | 100 |
| MER | 0.93% |
|---|---|
| Management Fee | 0.50% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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