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Dynamic Dividend Fund Series A

Canadian Div & Inc Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2022, 2021, 2020, 2019, 2018

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NAVPS
(06-14-2024)
$20.41
Change
-$0.05 (-0.22%)

As at May 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Dynamic Dividend Fund Series A

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Fund Returns

Inception Return (August 31, 1985): 8.26%

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 2.45% 1.90% 9.05% 5.73% 12.04% 3.49% 6.38% 10.65% 7.78% 7.68% 6.85% 7.83% 7.48% 7.65%
Benchmark 2.77% 5.07% 11.79% 7.58% 17.55% 7.08% 7.35% 13.44% 10.14% 8.92% 8.75% 9.19% 7.72% 7.53%
Category Average 2.63% 9.63% 9.63% 5.45% 12.60% 3.39% 6.14% 11.85% 7.77% 7.14% 6.59% 7.11% 6.26% 5.94%
Category Rank 297 / 460 373 / 457 333 / 452 251 / 452 334 / 447 263 / 436 228 / 410 332 / 395 237 / 388 178 / 365 198 / 345 129 / 325 69 / 269 50 / 255
Quartile Ranking 3 4 3 3 3 3 3 4 3 2 3 2 2 1

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 3.20% 0.68% -1.42% -3.76% -2.16% 6.53% 3.14% 0.80% 2.93% 2.49% -2.95% 2.45%
Benchmark 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77%

Best Monthly Return Since Inception

10.19% (November 2020)

Worst Monthly Return Since Inception

-12.72% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 12.84% -0.31% 15.14% 11.86% -5.69% 20.45% 1.65% 22.74% -3.84% 6.06%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 1 1 3 1 2 2 1 4 3 4
Category Rank 42/ 243 66/ 266 206/ 302 10/ 333 114/ 358 99/ 380 85/ 395 365/ 407 269/ 430 333/ 441

Best Calendar Return (Last 10 years)

22.74% (2021)

Worst Calendar Return (Last 10 years)

-5.69% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 66.24
US Equity 25.08
Income Trust Units 5.87
Cash and Equivalents 2.80
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 28.89
Energy 15.04
Industrial Services 9.29
Consumer Services 7.15
Technology 6.91
Other 32.72

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.66
Latin America 2.34

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 5.82
Toronto-Dominion Bank 4.93
Enbridge Inc 4.32
Canadian Natural Resources Ltd 4.25
Microsoft Corp 4.11
Canadian National Railway Co 3.92
Canadian Pacific Kansas City Ltd 3.64
Brookfield Corp Cl A 3.00
Suncor Energy Inc 2.79
Bank of Nova Scotia 2.75

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Dynamic Dividend Fund Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.11% 12.97% 10.70%
Beta 0.87% 0.80% 0.78%
Alpha 0.00% 0.00% 0.02%
Rsquared 0.93% 0.91% 0.86%
Sharpe 0.33% 0.49% 0.61%
Sortino 0.48% 0.59% 0.67%
Treynor 0.05% 0.08% 0.08%
Tax Efficiency 91.07% 92.45% 91.79%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 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 10.56% 12.11% 12.97% 10.70%
Beta 0.88% 0.87% 0.80% 0.78%
Alpha -0.03% 0.00% 0.00% 0.02%
Rsquared 0.92% 0.93% 0.91% 0.86%
Sharpe 0.67% 0.33% 0.49% 0.61%
Sortino 1.51% 0.48% 0.59% 0.67%
Treynor 0.08% 0.05% 0.08% 0.08%
Tax Efficiency 93.52% 91.07% 92.45% 91.79%

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 August 31, 1985
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,590

Fund Codes

FundServ Code Load Code Sales Status
DYN048
DYN3348
DYN3448
DYN3548
DYN548
DYN648
DYN7007
DYN748

Investment Objectives

Dynamic Dividend Fund seeks to provide dividend income through investment primarily in equity securities of Canadian companies. Before a fundamental change is made to the investment objective of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders

Investment Strategy

To achieve its mandate, the Fund invests primarily in securities of dividend or distribution paying Canadian businesses (including investment trusts) without restriction as to sector. The portfolio advisor primarily uses a bottom-up approach, seeking to identify preferred and equity securities, issued by stable companies. In order to maximize yield while minimizing risk, the portfolio advisor evaluates the financial condition and management of each company, its industry and the overall economy.

Portfolio Manager(s)

Name Start Date
Oscar Belaiche 07-01-2000
Vim Thasan 01-04-2016
Bill McLeod 02-20-2020
Tom Dicker 02-20-2020
Jason Gibbs 01-27-2022

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.59%
Management Fee 1.25%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 0.60%
Trailer Fee Max (DSC) 0.25%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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