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Desjardins Global Balanced Strategic Income Fund Series A

Tactical Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(06-14-2024)
$11.78
Change
-$0.04 (-0.31%)

As at May 31, 2024

As at May 31, 2024

As at February 29, 2024

Period
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Legend

Desjardins Global Balanced Strategic Income Fund Series A

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Fund Returns

Inception Return (June 14, 2016): 4.73%

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 2.23% 1.73% 8.09% 5.26% 11.69% 6.70% 2.93% 5.00% 4.52% 4.10% 3.97% - - -
Benchmark 1.73% 1.94% 8.09% 5.92% 12.59% 9.18% 3.91% 4.98% 5.61% 5.55% 5.21% 6.18% 6.05% 6.97%
Category Average 2.21% 7.94% 7.94% 4.69% 10.63% 5.17% 2.44% 5.33% 4.64% 3.96% 3.59% 4.22% 3.47% 3.73%
Category Rank 186 / 360 237 / 358 147 / 358 143 / 358 151 / 356 97 / 356 161 / 342 187 / 334 167 / 324 178 / 301 149 / 285 - - -
Quartile Ranking 3 3 2 2 2 2 2 3 3 3 3 - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.03% 1.20% -0.68% -2.76% -0.69% 5.37% 2.69% 1.47% 1.97% 1.96% -2.41% 2.23%
Benchmark 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73%

Best Monthly Return Since Inception

5.95% (April 2020)

Worst Monthly Return Since Inception

-7.95% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 9.11% -2.70% 10.84% 6.13% 9.44% -10.03% 8.38%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 6.78% 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35%
Quartile Ranking - - - 1 2 4 2 3 3 3
Category Rank - - - 42/ 274 113/ 296 237/ 312 142/ 332 218/ 336 208/ 355 186/ 356

Best Calendar Return (Last 10 years)

10.84% (2019)

Worst Calendar Return (Last 10 years)

-10.03% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 32.18
Foreign Corporate Bonds 32.05
International Equity 30.45
Cash and Equivalents 2.65
Foreign Government Bonds 1.36
Other 1.31

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 33.41
Technology 12.42
Healthcare 11.42
Consumer Goods 8.19
Financial Services 7.53
Other 27.03

Geographic Allocation

Geographic Allocation
Name Percent
North America 65.64
Europe 22.47
Asia 10.46
Latin America 0.88
Africa and Middle East 0.28
Other 0.27

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 1.50
Engie SA 1.11
Microsoft Corp 1.03
Johnson & Johnson 0.96
BAE Systems PLC 0.91
NVIDIA Corp 0.88
Visa Inc Cl A 0.83
Novartis AG Cl N 0.77
Merck KGaA 0.75
Canadian National Railway Co 0.72

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Desjardins Global Balanced Strategic Income Fund Series A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 9.15% 9.11% -
Beta 0.95% 1.04% -
Alpha -0.01% -0.01% -
Rsquared 0.89% 0.85% -
Sharpe 0.05% 0.31% -
Sortino 0.05% 0.29% -
Treynor 0.00% 0.03% -
Tax Efficiency 68.57% 71.43% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.89% 9.15% 9.11% -
Beta 0.97% 0.95% 1.04% -
Alpha 0.00% -0.01% -0.01% -
Rsquared 0.88% 0.89% 0.85% -
Sharpe 0.83% 0.05% 0.31% -
Sortino 1.98% 0.05% 0.29% -
Treynor 0.07% 0.00% 0.03% -
Tax Efficiency 93.43% 68.57% 71.43% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date June 14, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $138

Fund Codes

FundServ Code Load Code Sales Status
DJT00160

Investment Objectives

The objective of this Fund is to provide regular income and long-term capital appreciation while remaining vigilant to the risk of capital loss during periods of market stress. The Fund invests in a diversified portfolio consisting primarily of equity securities, equity-related securities and fixed-income securities of issuers located throughout the world, including emerging markets.

Investment Strategy

The Fund's target asset allocation is 40% fixed-income securities and 60% equity securities. The sub-manager may change the Fund's exposure to fixed-income and equity securities by up to ± 20% of the target allocation in order to adapt the Fund's portfolio to market and income conditions.

Portfolio Manager(s)

Name Start Date
Wellington Management Canada ULC 06-14-2016
Desjardins Global Asset Management Inc. 07-23-2019

Management and Organization

Fund Manager Desjardins Investments Inc.
Advisor Desjardins Global Asset Management Inc.
Custodian Desjardins Trust Inc.
Registrar Desjardins Investments Inc.
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 1,000
SWP Min Withdrawal 100

Fees

MER 2.30%
Management Fee 1.80%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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