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AGF Global Convertible Bond Fund Mutual Fund Series

High Yield Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021, 2020, 2019

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NAVPS
(05-21-2024)
$14.89
Change
$0.03 (0.23%)

As at April 30, 2024

As at April 30, 2024

Period
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Legend

AGF Global Convertible Bond Fund Mutual Fund Series

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Fund Returns

Inception Return (January 05, 2015): 4.82%

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 -2.26% 2.61% 12.74% 2.51% 9.03% 2.01% -2.66% 6.05% 5.10% 5.21% 5.60% 6.16% 4.95% -
Benchmark 0.55% 3.28% 8.20% 4.71% 10.33% 8.77% 3.34% 4.51% 3.12% 4.18% 3.35% 5.49% 5.30% 5.68%
Category Average -0.86% 7.34% 7.34% 0.69% 6.00% 2.76% 0.06% 3.64% 1.99% 2.27% 2.19% 3.05% 2.45% 2.45%
Category Rank 286 / 294 27 / 294 5 / 294 73 / 294 69 / 288 241 / 285 262 / 276 60 / 269 11 / 262 10 / 243 8 / 230 16 / 196 20 / 185 -
Quartile Ranking 4 1 1 1 1 4 4 1 1 1 1 1 1 -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -0.34% 3.43% 2.00% -1.34% -3.31% -3.58% 6.23% 3.52% -0.09% 2.86% 2.06% -2.26%
Benchmark -1.13% -0.73% 1.08% 2.51% -1.32% 1.59% 2.42% 0.89% 1.39% 1.87% 0.83% 0.55%

Best Monthly Return Since Inception

8.34% (November 2020)

Worst Monthly Return Since Inception

-10.31% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - -0.66% 11.85% 1.84% 11.48% 31.64% 0.32% -14.76% 6.73%
Benchmark 8.91% 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36%
Category Average 2.69% -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59%
Quartile Ranking - - 4 1 1 2 1 4 4 4
Category Rank - - 195/ 195 6/ 223 24/ 235 96/ 260 5/ 268 234/ 270 271/ 279 244/ 288

Best Calendar Return (Last 10 years)

31.64% (2020)

Worst Calendar Return (Last 10 years)

-14.76% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 66.34
Cash and Equivalents 14.24
US Equity 9.73
Canadian Corporate Bonds 3.58
Canadian Equity 2.91
Other 3.20

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 68.43
Cash and Cash Equivalent 14.24
Financial Services 5.22
Healthcare 2.81
Basic Materials 1.65
Other 7.65

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.26
Europe 10.17
Asia 1.51
Africa and Middle East 1.31
Latin America 0.77
Other -1.02

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 11.78
Wells Fargo & Co - Pfd Sr L 2.16
Pioneer Natural Resources Co 0.25% 15-May-2025 1.80
Tetra Tech Inc 2.25% 15-Aug-2028 1.59
Palo Alto Networks Inc 0.38% 01-Jun-2025 1.52
Boston Scientific Corp 1.44
Prysmian SpA 0.00% 02-Feb-2026 1.43
Seagate HDD Cayman 3.50% 01-Jun-2028 1.39
Parsons Corp (Texas) 2.63% 01-Mar-2029 1.33
Abu Dhabi National Oil Co 0.70% 04-Jun-2024 1.31

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: .
Period: 

Risk vs Return (3 Yr)

AGF Global Convertible Bond Fund Mutual Fund Series

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 10.75% 12.10% -
Beta 0.77% 1.05% -
Alpha -0.05% 0.02% -
Rsquared 0.25% 0.37% -
Sharpe -0.45% 0.31% -
Sortino -0.61% 0.33% -
Treynor -0.06% 0.04% -
Tax Efficiency - 92.71% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.61% 10.75% 12.10% -
Beta 0.64% 0.77% 1.05% -
Alpha 0.03% -0.05% 0.02% -
Rsquared 0.07% 0.25% 0.37% -
Sharpe 0.41% -0.45% 0.31% -
Sortino 1.02% -0.61% 0.33% -
Treynor 0.07% -0.06% 0.04% -
Tax Efficiency 100.00% - 92.71% -

Fund Details

Start Date January 05, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $256

Fund Codes

FundServ Code Load Code Sales Status
AGF4085
AGF4185
AGF4285

Investment Objectives

The Fund’s investment objective is to seek to generate attractive long-term total returns through interest income and capital appreciation. The Fund will invest primarily in global convertible bonds issued by entities domiciled or conducting business anywhere in the world.

Investment Strategy

The portfolio manager invests primarily in convertible securities issued by companies from around the world of all market capitalizations, including, but not limited to, corporate bonds, debentures, notes or preferred stocks, which can be converted into common stock providing an opportunity for equity participation.

Portfolio Manager(s)

Name Start Date
David Stonehouse 02-28-2023

Management and Organization

Fund Manager AGF Investments Inc.
Advisor AGF Investments Inc.
Custodian CIBC Mellon Trust Company
Registrar AGF CustomerFirst Inc.
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.92%
Management Fee 1.70%
Load Choice of Front or No Load
FE Max 6.00%
DSC Max 5.50%
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) 0.75%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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