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Desjardins Quebec Balanced Fund A Class

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Canadian Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017, 2016, 2015, 2014

Click for more information on Fundata’s FundGrade

NAVPS
(12-20-2024) 		$25.03
Change
$0.14 (0.57%)

As at November 30, 2024

As at November 30, 2024

Period
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Legend

Desjardins Quebec Balanced Fund A Class

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Fund Returns

Inception Return (June 20, 1997): 6.42%

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 3.17% 6.17% 10.95% 14.33% 18.02% 10.11% 5.07% 5.40% 4.62% 5.83% 4.28% 4.76% 4.89% 4.77%
Benchmark 4.18% 6.83% 12.94% 15.91% 20.18% 10.78% 6.02% 7.13% 6.97% 7.95% 6.55% 6.53% 6.90% 5.99%
Category Average 3.23% 4.88% 9.32% 13.49% 17.15% 9.29% 4.60% 5.81% 5.57% 6.25% 5.00% 5.20% 5.17% 4.71%
Category Rank 242 / 452 98 / 452 75 / 452 238 / 446 238 / 446 179 / 432 263 / 410 344 / 392 349 / 377 305 / 368 325 / 356 303 / 347 280 / 334 218 / 301
Quartile Ranking 3 1 1 3 3 2 3 4 4 4 4 4 4 3

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.23% -0.03% 0.18% 1.64% -2.04% 3.34% 0.46% 3.93% 0.10% 2.85% 0.06% 3.17%
Benchmark 3.69% -0.31% 0.82% 2.49% -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18%

Best Monthly Return Since Inception

8.65% (November 2020)

Worst Monthly Return Since Inception

-11.24% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 15.50% 1.34% 7.66% 7.61% -7.22% 14.51% 5.79% 4.27% -7.53% 8.41%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 1 2 3 1 4 2 3 4 2 3
Category Rank 24/ 287 117/ 301 186/ 334 85/ 347 304/ 358 93/ 368 221/ 377 391/ 392 154/ 412 242/ 432

Best Calendar Return (Last 10 years)

15.50% (2014)

Worst Calendar Return (Last 10 years)

-7.53% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 57.00
Canadian Government Bonds 29.49
Canadian Corporate Bonds 9.49
Cash and Equivalents 1.68
Other 2.34

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 38.97
Financial Services 11.07
Consumer Services 9.16
Industrial Services 8.22
Consumer Goods 6.39
Other 26.19

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.65
Multi-National 2.35

Top Holdings

Top Holdings
Name Percent
Quebec Province 3.25% 01-Sep-2032 14.51
Quebec Province 4.45% 01-Sep-2034 11.42
CDP Financial 3.65% 02-Jun-2034 4.83
CDP Financial Inc 4.20% 02-Dec-2030 4.64
AtkinsRealis Group 4.10
iA Financial Corp Inc 3.62
National Bank of Canada 3.18
Alimentation Couche-Tard Inc 3.15
Metro Inc 3.14
Gildan Activewear Inc Cl A 3.11

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Desjardins Quebec Balanced Fund A Class

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.39% 10.99% 8.63%
Beta 0.90% 0.98% 0.96%
Alpha 0.00% -0.02% -0.01%
Rsquared 0.90% 0.88% 0.84%
Sharpe 0.20% 0.26% 0.40%
Sortino 0.40% 0.27% 0.34%
Treynor 0.02% 0.03% 0.04%
Tax Efficiency 78.78% 76.65% 85.51%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 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 6.49% 9.39% 10.99% 8.63%
Beta 0.90% 0.90% 0.98% 0.96%
Alpha 0.00% 0.00% -0.02% -0.01%
Rsquared 0.85% 0.90% 0.88% 0.84%
Sharpe 1.91% 0.20% 0.26% 0.40%
Sortino 5.97% 0.40% 0.27% 0.34%
Treynor 0.14% 0.02% 0.03% 0.04%
Tax Efficiency 98.04% 78.78% 76.65% 85.51%

Fund Details

Start Date June 20, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $463

Fund Codes

FundServ Code Load Code Sales Status
DJT00060

Investment Objectives

The objective of this Fund is to provide unitholders with both a reasonable income return and long-term capital appreciation from a portfolio made up of Québec securities. Consequently, the Fund invests in various equity or debt securities issued by Québec companies, partnerships or cooperatives, in various debt securities issued or guaranteed by the Québec government or municipalities, or by other Québec public or para-public organizations, and in term deposits in Québec financial institutions.

Investment Strategy

For the management of fixed-income securities, the portfolio manager favours a management style that takes into account all of the risk factors for this type of security. Securities are selected from public, para-public and private securities issued by organizations that have their head office and principal decision-making centre in Québec.

Portfolio Manager(s)

Name Start Date
Desjardins Global Asset Management Inc. 03-16-2004

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 2.07%
Management Fee 1.53%
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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