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Sun Life Wellington Opportunistic Fixed Income Private Pool Fund Series A

Alternative Credit Focus

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(04-18-2024)
$7.55
Change
-$0.01 (-0.11%)

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Sun Life Wellington Opportunistic Fixed Income Private Pool Fund Series A

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Fund Returns

Inception Return (June 06, 2016): -0.87%

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 0.40% -1.55% 4.96% -1.55% 1.44% -0.03% -2.82% 0.52% -0.27% -0.84% -0.85% - - -
Benchmark 0.48% -1.28% 6.84% -1.28% 1.93% -0.14% -1.50% -0.83% 0.22% 1.02% 1.12% 1.15% 1.09% 2.01%
Category Average 0.82% 6.16% 6.16% 1.92% 6.88% 3.42% 2.11% 5.50% - - - - - -
Category Rank 97 / 120 120 / 120 85 / 119 120 / 120 111 / 116 87 / 102 74 / 75 44 / 52 32 / 33 16 / 16 16 / 16 - - -
Quartile Ranking 4 4 3 4 4 4 4 4 4 4 4 - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.42% -1.36% 0.11% 0.78% -1.09% -2.23% -0.88% 4.27% 3.15% -0.34% -1.60% 0.40%
Benchmark 0.90% -1.62% -0.04% -1.08% -0.19% -2.62% 0.43% 4.21% 3.42% -1.36% -0.40% 0.48%

Best Monthly Return Since Inception

5.66% (November 2022)

Worst Monthly Return Since Inception

-6.98% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - -4.10% -7.01% 7.52% 6.90% -2.93% -12.44% 7.10%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average - - - - - - 7.20% 3.25% -4.07% 7.22%
Quartile Ranking - - - 4 4 1 3 4 4 2
Category Rank - - - 16/ 16 16/ 16 5/ 23 26/ 47 75/ 75 89/ 98 47/ 116

Best Calendar Return (Last 10 years)

7.52% (2019)

Worst Calendar Return (Last 10 years)

-12.44% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 50.11
Foreign Corporate Bonds 29.46
Cash and Equivalents 13.41
Mortgages 4.50
Foreign Bonds - Other 1.45
Other 1.07

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 86.05
Cash and Cash Equivalent 13.41
Financial Services 0.40
Real Estate 0.13
Telecommunications 0.02
Other -0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 61.02
Europe 15.03
Latin America 11.88
Asia 9.96
Africa and Middle East 1.32
Other 0.79

Top Holdings

Top Holdings
Name Percent
United States Treasury 0.00% 04-Apr-2024 7.22
United States Treasury 2.38% 15-Oct-2028 7.16
Brazil Government 10.00% 01-Jan-2029 4.82
Federal National Mrtgage Assoc 5.00% 13-Mar-2024 4.01
Ginnie Mae 6.00% 01-Mar-2053 3.42
United States Treasury 1.38% 15-Jul-2033 2.87
United States Treasury 1.13% 15-Jan-2033 2.58
Fannie Mae 5.50% 12-Mar-2038 1.98
New Zealand Government 2.50% 20-Sep-2040 1.94
Sweden Government 0.13% 01-Jun-2032 1.78

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Sun Life Wellington Opportunistic Fixed Income Private Pool Fund Series A

Median

Other - Alternative Credit Focus

3 Yr Annualized

Standard Deviation 8.16% 7.72% -
Beta 1.04% 0.98% -
Alpha -0.01% 0.00% -
Rsquared 0.71% 0.62% -
Sharpe -0.63% -0.25% -
Sortino -0.88% -0.50% -
Treynor -0.05% -0.02% -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.64% 8.16% 7.72% -
Beta 0.87% 1.04% 0.98% -
Alpha 0.00% -0.01% 0.00% -
Rsquared 0.80% 0.71% 0.62% -
Sharpe -0.47% -0.63% -0.25% -
Sortino -0.35% -0.88% -0.50% -
Treynor -0.04% -0.05% -0.02% -
Tax Efficiency 26.71% - - -

Fund Details

Start Date June 06, 2016
Instrument Type Mutual Fund (Alternative)
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
SUN1110
SUN1210
SUN1310

Investment Objectives

The Fund’s investment objective is to seek long-term capital appreciation and income by investing primarily in a diversified portfolio of global fixed income securities. The Fund may use derivatives to gain exposure to its portfolio and may engage in cash borrowing and short selling. The Fund’s aggregate exposure to derivatives used for non-hedging purposes, cash borrowing and short selling will not exceed the limits permitted under applicable securities legislation.

Investment Strategy

In order to achieve its investment objectives, the sub-advisor seeks to: invest across multiple asset types, geographies, credit tiers, and time horizons; provide timely and dynamic exposure to a portfolio of high conviction global fixed income securities consisting of sovereign debt, inflation-linked bonds, corporate / high yield credit, securitized debt, bank loans, emerging markets debt, and convertible securities.

Portfolio Manager(s)

Name Start Date
Brij S. Khurana 05-27-2019
Brian M. Garvey 05-27-2019
Rakesh R. Yeredla 05-27-2019
Wellington Management Canada ULC 12-16-2020

Management and Organization

Fund Manager SLGI Asset Management Inc.
Advisor SLGI Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar International Financial Data Services (Canada) Ltd
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

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

Fees

MER 1.83%
Management Fee 1.52%
Load Choice of Front or Back
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) 0.38%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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