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RP Strategic Income Plus Fund Class A

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Global Corp Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(07-25-2024) 		$10.12
Change
$0.01 (0.05%)

As at June 30, 2024

As at May 31, 2024

Period
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Legend

RP Strategic Income Plus Fund Class A

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Fund Returns

Inception Return (April 14, 2016): 3.20%

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 0.70% 0.98% 0.81% 0.81% 5.56% 4.32% 0.84% 2.32% 2.59% 2.99% 2.54% 2.97% - -
Benchmark 0.71% 1.05% 2.95% 2.95% 8.54% 6.52% -0.42% -1.32% 0.89% 1.89% 1.88% 1.97% 2.85% 3.67%
Category Average 0.73% 1.54% 1.54% 1.54% 6.44% 4.52% -0.65% 0.79% 1.47% 2.19% - - - -
Category Rank 76 / 122 64 / 116 82 / 114 82 / 114 83 / 113 63 / 109 40 / 98 48 / 92 33 / 90 37 / 83 39 / 79 33 / 68 - -
Quartile Ranking 3 3 3 3 3 3 2 3 2 2 2 2 - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -0.11% -0.41% -1.88% -0.20% 4.11% 3.25% -0.67% -0.36% 0.87% -1.05% 1.34% 0.70%
Benchmark 0.45% 1.77% -2.69% 1.41% 3.17% 1.28% 0.85% 0.16% 0.87% -0.72% 1.05% 0.71%

Best Monthly Return Since Inception

5.25% (April 2020)

Worst Monthly Return Since Inception

-9.94% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 4.42% -2.25% 9.40% 6.36% 1.02% -5.26% 7.29%
Benchmark 12.44% 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54%
Category Average - - - - - 9.03% 6.89% 0.56% -10.54% 7.62%
Quartile Ranking - - - 3 4 3 3 3 1 3
Category Rank - - - 41/ 74 64/ 81 44/ 87 53/ 91 50/ 95 12/ 102 77/ 112

Best Calendar Return (Last 10 years)

9.40% (2019)

Worst Calendar Return (Last 10 years)

-5.26% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 41.59
Foreign Corporate Bonds 23.40
Canadian Government Bonds 11.32
Cash and Equivalents 8.11
US Equity 0.23
Other 15.35

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 73.35
Cash and Cash Equivalent 8.11
Financial Services 0.23
Other 18.31

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.40
Europe 12.60

Top Holdings

Top Holdings
Name Percent
CTB 0 06/05/2024 CAD 4.12
Canada Housing Trust No 1 4.25% 15-Mar-2034 2.89
Telus Corp 5.75% 08-Jun-2033 2.88
United States Treasury 4.50% 31-May-2029 2.81
Alimentation Couche Tard Inc 5.59% 25-Sep-2030 2.41
United States Treasury 4.25% 15-Feb-2054 2.19
Canada Housing Trust No 1 2.90% 15-Jun-2024 2.09
Rogers Communications Inc 5.70% 21-Sep-2028 2.07
Canada Government 1.50% 01-Jun-2026 2.06
Wells Fargo & Co 5.50% 23-Jan-2034 1.99

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

RP Strategic Income Plus Fund Class A

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 5.03% 6.80% -
Beta 0.52% 0.54% -
Alpha 0.01% 0.02% -
Rsquared 0.52% 0.28% -
Sharpe -0.41% 0.10% -
Sortino -0.62% -0.04% -
Treynor -0.04% 0.01% -
Tax Efficiency - 52.34% -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.02% 5.03% 6.80% -
Beta 0.91% 0.52% 0.54% -
Alpha -0.02% 0.01% 0.02% -
Rsquared 0.55% 0.52% 0.28% -
Sharpe 0.12% -0.41% 0.10% -
Sortino 0.90% -0.62% -0.04% -
Treynor 0.01% -0.04% 0.01% -
Tax Efficiency 73.15% - 52.34% -

Fund Details

Start Date April 14, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
RPD100

Investment Objectives

The investment objective of RP Strategic Income Plus Fund is to generate stable risk-adjusted absolute returns consisting of dividends, interest income and capital gains by investing primarily in investment grade corporate debt and debt-like securities, with a focus on capital preservation.

Investment Strategy

To achieve the investment objective, the Fund intends to invest primarily in investment grade debt securities rated BBB (-) and above by Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. (“Standard & Poor’s”) (or equivalent rating agency) from anywhere around the world. The Fund may invest in government and agency debt, and high-quality asset backed securities.

Portfolio Manager(s)

Name Start Date
Ilias Lagopoulos 10-18-2019
Michael Quinn 10-18-2019
David Matheson 10-18-2019

Management and Organization

Fund Manager RP Investment Advisors
Advisor RP Investment Advisors
Custodian The Northern Trust Company Canada
Registrar Apex Fund Services (Canada) Ltd.
Distributor -
Auditor Deloitte & Touche LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 0
PAC Subsequent 0
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.18%
Management Fee 0.80%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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