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MD Fossil Fuel Free Bond Fund Series A

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Canadian Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(12-20-2024) 		$8.93
Change
$0.03 (0.34%)

As at November 30, 2024

As at November 30, 2024

Period
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Legend

MD Fossil Fuel Free Bond Fund Series A

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Fund Returns

Inception Return (June 01, 2016): 0.65%

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 0.66% 0.69% 4.68% 2.79% 5.49% 3.64% -0.54% -1.57% -0.16% 1.26% 0.85% 0.93% - -
Benchmark 1.51% 2.25% 8.10% 4.64% 8.22% 4.86% 0.01% -0.96% 0.66% 2.03% 1.69% 1.78% 1.96% 2.06%
Category Average 1.56% 2.28% 6.05% 4.52% 8.27% 4.63% -0.37% -1.20% 0.30% 1.59% 1.12% 1.23% 1.37% 1.30%
Category Rank 664 / 666 659 / 659 614 / 639 618 / 630 621 / 628 582 / 605 479 / 589 486 / 560 480 / 528 425 / 490 390 / 446 365 / 422 - -
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 2.62% -0.71% -0.87% 0.40% -1.93% 1.32% 1.29% 2.25% 0.38% 1.91% -1.84% 0.66%
Benchmark 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07% 1.51%

Best Monthly Return Since Inception

4.52% (July 2022)

Worst Monthly Return Since Inception

-3.32% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 1.35% 0.42% 5.59% 7.48% -3.52% -11.04% 6.24%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average 7.06% 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16%
Quartile Ranking - - - 4 3 4 4 4 1 3
Category Rank - - - 324/ 425 264/ 451 399/ 499 463/ 529 499/ 560 121/ 590 392/ 605

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 63.10
Canadian Corporate Bonds 18.89
Cash and Equivalents 17.43
Mortgages 0.58

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 82.57
Cash and Cash Equivalent 17.43

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
MD CAD SCOTIA CONNECT ACCOUNT 0.01% 31-Dec-2049 16.30
Canada Housing Trust No 1 4.15% 15-Jun-2033 11.64
Canada Government 2.75% 01-Jun-2033 10.65
Ontario Province 3.65% 02-Jun-2033 8.86
Quebec Province 3.60% 01-Sep-2033 6.94
Canada Housing Trust No 1 3.65% 15-Jun-2033 6.45
B74408940 CDS USD R V 03MEVENT 1.00% 20-Dec-2029 4.43
Ontario Province 2.05% 02-Jun-2030 2.52
Canada Government 2.00% 01-Dec-2051 1.98
Bank of Nova Scotia 3.10% 02-Feb-2028 1.70

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

MD Fossil Fuel Free Bond Fund Series A

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.46% 6.47% -
Beta 1.01% 0.96% -
Alpha -0.01% -0.01% -
Rsquared 0.92% 0.92% -
Sharpe -0.51% -0.35% -
Sortino -0.60% -0.62% -
Treynor -0.04% -0.02% -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 1 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 5.28% 7.46% 6.47% -
Beta 0.79% 1.01% 0.96% -
Alpha -0.01% -0.01% -0.01% -
Rsquared 0.80% 0.92% 0.92% -
Sharpe 0.18% -0.51% -0.35% -
Sortino 0.74% -0.60% -0.62% -
Treynor 0.01% -0.04% -0.02% -
Tax Efficiency 78.78% - - -

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 Manager(s)

Name Start Date
1832 Asset Management L.P. 01-01-2022

Management and Organization

Fund Manager MD Financial Management Inc.
Advisor 1832 Asset Management L.P.
Custodian State Street Trust Company Canada
Registrar MD Financial Management
Distributor MD Financial Management
Auditor KPMG LLP

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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