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Tactical Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(04-11-2024)
$19.13
Change
$0.05 (0.27%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

Desjardins Global Balanced Growth Fund Class A

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Fund Returns

Inception Return (August 20, 1986): 4.60%

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 1.58% 2.65% -0.96% 9.03% 17.15% 4.66% 1.35% 4.69% 0.44% 0.94% 0.79% 1.63% 1.34% 2.16%
Benchmark 1.80% 5.77% 13.57% 5.77% 12.38% 6.05% 3.87% 6.63% 5.64% 5.56% 5.88% 6.44% 5.97% 7.01%
Category Average 1.99% 11.45% 11.45% 4.38% 9.40% 2.80% 3.17% 7.29% 4.50% 4.05% 3.79% 4.45% 3.50% 3.87%
Category Rank 260 / 358 12 / 358 9 / 358 12 / 358 18 / 356 69 / 356 288 / 342 275 / 334 293 / 317 275 / 299 252 / 274 223 / 242 167 / 179 124 / 129
Quartile Ranking 3 1 1 1 1 1 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.53% 0.41% 1.22% 1.57% -0.58% -2.98% -0.96% 5.59% 2.63% 2.65% 4.56% 1.58%
Benchmark 1.29% -1.31% 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80%

Best Monthly Return Since Inception

6.36% (July 2022)

Worst Monthly Return Since Inception

-12.70% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.58% 2.94% 6.63% 3.93% -3.33% 9.04% -4.34% 6.10% -21.98% 14.31%
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 3 2 2 4 2 4 4 4 4 1
Category Rank 72/ 126 78/ 166 86/ 210 212/ 274 146/ 296 279/ 312 316/ 332 279/ 336 355/ 355 11/ 356

Best Calendar Return (Last 10 years)

14.31% (2023)

Worst Calendar Return (Last 10 years)

-21.98% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 30.28
International Equity 20.67
Foreign Bonds - Other 16.96
Foreign Corporate Bonds 15.19
Mortgages 12.44
Other 4.46

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 44.77
Technology 19.39
Consumer Services 7.74
Industrial Goods 5.00
Financial Services 4.79
Other 18.31

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.00
Europe 11.94
Asia 8.58
Latin America 0.42
Other 0.06

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp 2.80
Amazon.com Inc 2.67
Microsoft Corp 2.58
Cash and Cash Equivalents 2.15
Alphabet Inc Cl C 1.96
Meta Platforms Inc Cl A 1.65
Eli Lilly and Co 1.38
Mastercard Inc Cl A 1.33
Uber Technologies Inc 1.28
Advanced Micro Devices Inc 1.17

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 Growth Fund Class A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 12.04% 12.00% 9.18%
Beta 1.26% 1.34% 1.00%
Alpha -0.03% -0.07% -0.04%
Rsquared 0.89% 0.81% 0.70%
Sharpe -0.05% -0.06% 0.13%
Sortino -0.11% -0.19% -0.06%
Treynor 0.00% -0.01% 0.01%
Tax Efficiency 100.00% 86.11% 75.61%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.16% 12.04% 12.00% 9.18%
Beta 0.97% 1.26% 1.34% 1.00%
Alpha 0.05% -0.03% -0.07% -0.04%
Rsquared 0.80% 0.89% 0.81% 0.70%
Sharpe 1.41% -0.05% -0.06% 0.13%
Sortino 3.73% -0.11% -0.19% -0.06%
Treynor 0.12% 0.00% -0.01% 0.01%
Tax Efficiency 100.00% 100.00% 86.11% 75.61%

Fund Details

Start Date August 20, 1986
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $73

Fund Codes

FundServ Code Load Code Sales Status
DJT00007

Investment Objectives

The objective of this Fund is to provide a superior total return by primarily investing in equity and fixed-income securities throughout the world. The proportion of the Fund’s assets that are invested in equity and fixed-income securities may vary depending on market conditions.

Investment Strategy

The Fund's target asset allocation is 40% fixed income and 60% equity. The sub-manager may change the Fund's exposure to fixed income and equity securities up to +/-15% of the target allocation in order to adapt the Fund's portfolio to market conditions.

Portfolio Manager(s)

Name Start Date
Desjardins Global Asset Management Inc. 08-05-2005
Wellington Management Canada ULC 08-05-2005

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.29%
Management Fee 1.80%
Load No Load
FE Max -
DSC Max -
LL Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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