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MD Fossil Fuel Free Bond Fund Series A

Canadian Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(10-07-2025)
$9.06
Change
$0.02 (0.22%)

As at August 31, 2025

As at August 31, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025$10,000$11,000$9,600$9,800$10,200$10,400$10,600$10,800$11,200Period

Legend

MD Fossil Fuel Free Bond Fund Series A

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Fund Returns

Inception Return (June 01, 2016): 0.64%

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 0.35% 0.48% -0.56% 1.49% 1.12% 3.47% 2.99% -0.78% -1.16% -0.15% 1.02% 0.90% 0.55% -
Benchmark 0.37% -0.34% -1.31% 0.94% 2.68% 5.24% 3.56% -0.26% -0.56% 0.44% 1.72% 1.68% 1.30% 1.74%
Category Average 0.38% -0.17% -1.18% 0.90% 2.38% 4.91% 3.31% -0.66% -0.81% 0.16% 1.21% 1.08% 0.82% 1.18%
Category Rank 330 / 493 83 / 481 100 / 478 120 / 478 456 / 469 420 / 438 368 / 417 306 / 408 326 / 385 311 / 365 289 / 348 265 / 320 244 / 297 -
Quartile Ranking 3 1 1 2 4 4 4 3 4 4 4 4 4 -

Monthly Return

Created with Highcharts 10.3.3-3%-2%-1%0%1%2%3%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 1.91% -1.84% 0.66% -1.05% 0.66% 1.40% -0.27% -0.45% -0.33% 0.39% -0.26% 0.35%
Benchmark 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04% -0.74% 0.37%

Best Monthly Return Since Inception

4.52% (July 2022)

Worst Monthly Return Since Inception

-3.32% (April 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - 1.35% 0.42% 5.59% 7.48% -3.52% -11.04% 6.24% 1.71%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking - - 4 3 4 4 4 1 3 4
Category Rank - - 233/ 308 211/ 329 281/ 358 326/ 370 338/ 392 79/ 409 251/ 418 435/ 442

Best Calendar Return (Last 10 years)

7.48% (2020)

Worst Calendar Return (Last 10 years)

-11.04% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 61.44
Canadian Corporate Bonds 19.40
Cash and Equivalents 18.76
Mortgages 0.41

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 81.25
Cash and Cash Equivalent 18.75

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.79
Other 0.21

Top Holdings

Top Holdings
Name Percent
CANADIAN DOLLAR 18.03
Canada Housing Trust No 1 4.25% 15-Mar-2034 16.93
Canada Government 1.25% 01-Jun-2030 8.36
Ontario Province 3.65% 02-Jun-2033 8.28
Quebec Province 3.60% 01-Sep-2033 6.49
Canada Government 1.75% 01-Dec-2053 5.06
Ontario Province 2.05% 02-Jun-2030 2.39
B62442823 CDS USD R V 03MEVENT 1.00% 20-Jun-2030 1.88
Canada Government 2.00% 01-Dec-2051 1.63
Bank of Nova Scotia 3.10% 02-Feb-2028 1.61

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return2468101214161820-4%-2%0%2%4%6%8%10%

MD Fossil Fuel Free Bond Fund Series A

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 5.78% 6.06% -
Beta 0.96% 0.98% -
Alpha 0.00% -0.01% -
Rsquared 0.88% 0.91% -
Sharpe -0.15% -0.59% -
Sortino 0.03% -0.86% -
Treynor -0.01% -0.04% -
Tax Efficiency 66.66% - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.55% 5.78% 6.06% -
Beta 0.95% 0.96% 0.98% -
Alpha -0.01% 0.00% -0.01% -
Rsquared 0.80% 0.88% 0.91% -
Sharpe -0.53% -0.15% -0.59% -
Sortino -0.67% 0.03% -0.86% -
Treynor -0.02% -0.01% -0.04% -
Tax Efficiency 9.57% 66.66% - -

Fund Details

Start Date June 01, 2016
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Restricted
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
MDM440

Investment Objectives

The Fund’s objectives are to conserve principal and produce income with capital appreciation as a secondary consideration. The Fund will follow a fossil fuel free investment strategy. The Fund invests in a variety of Government of Canada, provincial, municipal, corporate and asset-backed bonds with mid to long terms of maturity. The Fund may also invest in foreign securities.

Investment Strategy

The Fund seeks to earn an elevated income commensurate with capital preservation. The Fund seeks to deliver excess return (compared to the benchmark) via a combination of income and capital gain, as well as, diversified risk exposures.

Portfolio Management

Portfolio Manager

1832 Asset Management L.P.

Sub-Advisor

1832 Asset Management L.P.

Management and Organization

Fund Manager

MD Financial Management Inc.

Custodian

State Street Trust Company Canada

Registrar

MD Financial Management

Distributor

MD Management Limited

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 3,000
PAC Subsequent 1,000
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 0

Fees

MER 1.00%
Management Fee 0.84%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.00%
Trailer Fee Max (LL) -

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