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Preferred Sh Fixed Income
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|
NAVPS (11-19-2024) |
$11.26 |
|---|---|
| Change |
$0.02
(0.17%)
|
As at October 31, 2024
As at October 31, 2024
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Inception Return (July 03, 2020): 9.80%
| 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 | -0.70% | 2.03% | 7.60% | 16.64% | 27.83% | 11.08% | 2.11% | 8.10% | - | - | - | - | - | - |
| Benchmark | -1.38% | 1.77% | 7.10% | 18.83% | 31.15% | 10.84% | 0.96% | 7.30% | 6.26% | 3.80% | 3.28% | 4.80% | 4.82% | 2.60% |
| Category Average | -0.62% | 2.20% | 6.80% | 16.81% | 28.12% | 10.81% | 1.01% | 7.70% | 6.24% | 3.91% | 3.23% | 4.63% | 4.86% | 3.09% |
| Category Rank | 28 / 67 | 33 / 65 | 20 / 65 | 56 / 65 | 53 / 65 | 42 / 64 | 20 / 63 | 46 / 63 | - | - | - | - | - | - |
| Quartile Ranking | 2 | 3 | 2 | 4 | 4 | 3 | 2 | 3 | - | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.36% | 2.08% | 4.39% | 0.23% | 2.87% | 0.73% | 2.58% | 0.57% | 2.22% | 1.94% | 0.79% | -0.70% |
| Benchmark | 9.47% | 0.82% | 5.81% | 0.13% | 3.47% | 1.22% | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% | -1.38% |
7.36% (November 2023)
-5.58% (April 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 17.90% | -14.84% | 7.46% |
| Benchmark | 6.82% | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% |
| Category Average | 7.19% | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% |
| Quartile Ranking | - | - | - | - | - | - | - | 4 | 2 | 2 |
| Category Rank | - | - | - | - | - | - | - | 53/ 63 | 21/ 63 | 17/ 64 |
17.90% (2021)
-14.84% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 66.93 |
| Canadian Corporate Bonds | 25.14 |
| Cash and Equivalents | 5.94 |
| International Equity | 1.48 |
| US Equity | 0.41 |
| Other | 0.10 |
| Name | Percent |
|---|---|
| Financial Services | 38.83 |
| Fixed Income | 25.14 |
| Energy | 16.33 |
| Utilities | 7.92 |
| Cash and Cash Equivalent | 5.94 |
| Other | 5.84 |
| Name | Percent |
|---|---|
| North America | 98.42 |
| Latin America | 1.48 |
| Other | 0.10 |
| Name | Percent |
|---|---|
| BANK OF MONTREAL TD 3.60% 01-Nov-2024 | 5.93 |
| Toronto-Dominion Bank 5.75% PERP | 2.68 |
| Royal Bank of Canada 4.50% 24-Oct-2025 | 2.61 |
| Rogers Communications Inc 5.00% 17-Dec-2081 | 2.38 |
| Royal Bank of Canada - Pfd Sr BD | 1.98 |
| Toronto-Dominion Bank 7.23% PERP | 1.96 |
| National Bank of Canada 7.50% 16-Oct-2027 | 1.87 |
| National Bank of Canada 4.05% 15-Jul-2026 | 1.86 |
| AltaGas Ltd - Pfd Sr H | 1.55 |
| iShares S&P/TSX Cdn Preferred Share Idx ETF (CPD) | 1.46 |
Canoe Preferred Share Portfolio Class Series A
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 9.39% | - | - |
|---|---|---|---|
| Beta | 0.76% | - | - |
| Alpha | 0.01% | - | - |
| Rsquared | 0.97% | - | - |
| Sharpe | -0.10% | - | - |
| Sortino | -0.08% | - | - |
| Treynor | -0.01% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.46% | 9.39% | - | - |
| Beta | 0.72% | 0.76% | - | - |
| Alpha | 0.05% | 0.01% | - | - |
| Rsquared | 0.96% | 0.97% | - | - |
| Sharpe | 2.74% | -0.10% | - | - |
| Sortino | 23.19% | -0.08% | - | - |
| Treynor | 0.29% | -0.01% | - | - |
| Tax Efficiency | 88.48% | - | - | - |
| Start Date | July 03, 2020 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GOC4181 | ||
| GOC4182 | ||
| GOC41822 |
? Steady flow of current income The Fund aims to generate a steady flow of current income by investing, indirectly through the Partnership, primarily in Canadian preferred shares.
The Fund invests, indirectly through the Partnership, primarily in preferred shares of Canadian issuers, but may invest in preferred shares of North American and other foreign issuers. The Fund may at times invest up to 40% of its portfolio, indirectly through the Partnership, in other types of fixed income securities, including money market and government bonds, ETFs that invest in preferred shares, agency and/or corporate bonds.
| Name | Start Date |
|---|---|
| Canoe Financial LP | 07-03-2020 |
| Fund Manager | Canoe Financial LP |
|---|---|
| Advisor | Canoe Financial LP |
| Custodian | CIBC Mellon Trust Company |
| Registrar | International Financial Data Services (Canada) Ltd |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.60% |
|---|---|
| Management Fee | 1.25% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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