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Guardian Strategic Income Fund Series A

Alternative Credit Focus

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-23-2025)
$6.87
Change
$0.00 (0.00%)

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$12,000$9,500$10,500$11,000$11,500$12,500Period

Legend

Guardian Strategic Income Fund Series A

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Fund Returns

Inception Return (May 31, 2013): 4.41%

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 1.67% 1.19% 1.40% 1.40% 6.51% 7.29% 6.45% 3.51% 4.59% 3.01% 3.03% 2.97% 3.92% 3.40%
Benchmark 0.04% -0.65% 1.32% 1.32% 5.82% 4.77% 4.10% 0.07% -0.47% 0.86% 1.77% 1.66% 1.46% 1.83%
Category Average 0.93% 1.38% 2.39% 2.39% 7.05% 7.36% 6.41% 3.20% 4.56% 4.15% - - - -
Category Rank 14 / 137 85 / 137 99 / 135 99 / 135 68 / 124 50 / 110 39 / 94 30 / 75 31 / 63 18 / 27 13 / 16 12 / 15 10 / 15 10 / 11
Quartile Ranking 1 3 3 3 3 2 2 2 2 3 4 4 3 4

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.56% 0.53% 1.29% 0.61% 0.93% 0.03% 0.29% 0.56% -0.65% -1.19% 0.72% 1.67%
Benchmark 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04%

Best Monthly Return Since Inception

3.93% (May 2016)

Worst Monthly Return Since Inception

-7.63% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -2.08% 18.87% -2.31% 3.58% 3.40% 0.79% 6.29% -5.26% 6.58% 9.56%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average - - - - - 7.20% 3.25% -4.07% 7.22% 7.97%
Quartile Ranking 2 2 4 1 4 4 2 3 3 2
Category Rank 5/ 11 5/ 12 13/ 15 3/ 15 21/ 22 38/ 39 20/ 67 58/ 90 58/ 108 35/ 114

Best Calendar Return (Last 10 years)

18.87% (2016)

Worst Calendar Return (Last 10 years)

-5.26% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 42.97
Canadian Corporate Bonds 32.42
Cash and Equivalents 19.71
Canadian Equity 3.04
Canadian Government Bonds 2.15

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 77.05
Cash and Cash Equivalent 19.72
Telecommunications 1.06
Financial Services 0.94
Healthcare 0.45
Other 0.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.68
Europe 0.32

Top Holdings

Top Holdings
Name Percent
Canada Government 30-Jul-2025 9.45
Vermilion Energy Inc 7.25% 15-Feb-2033 2.53
Enbridge Gas Inc 3.31% 11-Sep-2025 2.28
Enbridge Pipelines Inc 3.00% 10-Aug-2026 2.28
Canadian Imperial Bank Commrce 3.80% 10-Dec-2030 2.28
Bank of Nova Scotia 7.15% PERP 2.13
South Bow Cdn Infra Hldgs Ltd 7.63% 01-Mar-2055 1.97
Cineplex Inc 7.63% 31-Mar-2029 1.95
First Quantum Minerals Ltd 8.63% 01-Jun-2031 1.93
Ero Copper Corp 6.50% 15-Feb-2030 1.89

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return0123456789100%2%4%6%8%10%12%14%

Guardian Strategic Income Fund Series A

Median

Other - Alternative Credit Focus

3 Yr Annualized

Standard Deviation 3.62% 4.09% 5.45%
Beta 0.40% 0.43% 0.41%
Alpha 0.05% 0.05% 0.03%
Rsquared 0.46% 0.40% 0.15%
Sharpe 0.65% 0.51% 0.32%
Sortino 1.62% 0.59% 0.12%
Treynor 0.06% 0.05% 0.04%
Tax Efficiency 57.66% 40.43% 11.91%
Volatility Volatility rating is 1 on a scale of 1 to 10 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 2.92% 3.62% 4.09% 5.45%
Beta 0.47% 0.40% 0.43% 0.41%
Alpha 0.04% 0.05% 0.05% 0.03%
Rsquared 0.35% 0.46% 0.40% 0.15%
Sharpe 1.03% 0.65% 0.51% 0.32%
Sortino 1.97% 1.62% 0.59% 0.12%
Treynor 0.06% 0.06% 0.05% 0.04%
Tax Efficiency 62.06% 57.66% 40.43% 11.91%

Fund Details

Start Date May 31, 2013
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1

Fund Codes

FundServ Code Load Code Sales Status
GCG102

Investment Objectives

The primary objectives of the Fund are to generate capital gains, preserve capital and make monthly distributions by investing primarily in securities that can benefit from changes to interest rates and credit spreads. The Fund aims to maintain low volatility and low correlation with traditional equity and fixed income markets. The Fund may use leverage through the use of cash borrowings, short sales and derivatives.

Investment Strategy

The Fund invests primarily in, and sells short securities of, issuers generally located in North America. The Fund principally holds investment grade and non-investment grade fixed income securities, broadly diversified by issuer and industry. It may also hold other securities, including floatingrate bank loans, convertible bonds, equities, warrants, real estate investment trusts, ETFs, and collateralized debt and loan obligations.

Portfolio Management

Portfolio Manager

Guardian Capital LP

  • Aubrey Basdeo
  • Derrick Knie
Sub-Advisor

-

Management and Organization

Fund Manager

Guardian Capital LP

Custodian

CIBC Mellon Trust Company

Registrar

CIBC Mellon Global Securities Services Company

Distributor

Worldsource Financial Management Inc.

Worldsource Securities Inc

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.27%
Management Fee 1.85%
Load Back Fee Only
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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