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Guardian Investment Grade Corporate Bond Fund Series A

Cdn Corp Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(07-19-2024)
$9.21
Change
-$0.01 (-0.12%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

Guardian Investment Grade Corporate Bond Fund Series A

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Fund Returns

Inception Return (April 30, 2021): -0.41%

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 1.09% 1.28% 1.77% 1.77% 7.63% 5.62% -0.63% - - - - - - -
Benchmark 0.98% 1.17% 1.32% 1.32% 6.73% 5.23% -0.12% 0.09% 1.33% 2.27% 2.13% 2.18% 2.42% 2.67%
Category Average 0.95% 1.23% 1.23% 1.23% 6.25% 4.82% -0.75% -0.13% 0.84% 1.64% - - - -
Category Rank 12 / 105 24 / 97 34 / 97 34 / 97 10 / 97 28 / 88 61 / 85 - - - - - - -
Quartile Ranking 1 1 2 2 1 2 3 - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -0.47% -0.15% -2.01% 0.29% 4.00% 4.12% -0.38% 0.10% 0.77% -1.32% 1.54% 1.09%
Benchmark -0.36% -0.02% -1.75% 0.45% 3.64% 3.39% -0.70% 0.25% 0.60% -1.26% 1.47% 0.98%

Best Monthly Return Since Inception

4.12% (December 2023)

Worst Monthly Return Since Inception

-3.59% (March 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -10.54% 8.03%
Benchmark 7.44% 2.74% 3.59% 3.48% 0.96% 8.01% 8.57% -1.32% -10.12% 8.32%
Category Average - - - - - 7.34% 7.62% -1.82% -10.25% 7.57%
Quartile Ranking - - - - - - - - 3 2
Category Rank - - - - - - - - 55/ 86 41/ 93

Best Calendar Return (Last 10 years)

8.03% (2023)

Worst Calendar Return (Last 10 years)

-10.54% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 93.26
Foreign Government Bonds 2.65
Cash and Equivalents 2.26
Foreign Corporate Bonds 1.14
Canadian Government Bonds 0.70
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 97.75
Cash and Cash Equivalent 2.26
Other -0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.01
Other -0.01

Top Holdings

Top Holdings
Name Percent
Inter Pipeline Ltd 3.98% 25-Nov-2031 4.01
Guardian Canadian Short-Term Investment Fund Ser I 3.35
United States Treasury 4.00% 15-Feb-2034 2.65
Transcanada Pipelines Ltd 5.28% 15-May-2030 2.27
Granite REIT Holdings LP 2.38% 18-Sep-2030 2.26
Inter Pipeline Ltd 5.85% 18-May-2032 2.23
Manulife Financial Corp 2.82% 13-May-2030 2.14
Sun Life Financial Inc 5.50% 04-Jul-2030 2.14
Veren Inc. 5.50% 21-Jun-2034 2.11
Choice Properties REIT 6.00% 24-Mar-2032 2.06

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Guardian Investment Grade Corporate Bond Fund Series A

Median

Other - Cdn Corp Fixed Income

3 Yr Annualized

Standard Deviation 6.97% - -
Beta 1.17% - -
Alpha 0.00% - -
Rsquared 0.96% - -
Sharpe -0.49% - -
Sortino -0.67% - -
Treynor -0.03% - -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 - -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.49% 6.97% - -
Beta 1.13% 1.17% - -
Alpha 0.00% 0.00% - -
Rsquared 0.99% 0.96% - -
Sharpe 0.42% -0.49% - -
Sortino 1.55% -0.67% - -
Treynor 0.02% -0.03% - -
Tax Efficiency 82.71% - - -

Fund Details

Start Date April 30, 2021
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $0

Fund Codes

FundServ Code Load Code Sales Status
GCG591

Investment Objectives

The primary objective of the Fund is to provide investors with a higher level of income by investing primarily in mid-term investment grade corporate bonds.

Investment Strategy

We use a pro-active, disciplined management approach while employing proprietary analytical tools to identify corporate bond investments that offer value on a relative basis with a view to maximizing current income. We adhere to a risk management process that is designed to limit total exposure to individual issuers, diversify exposure to various term maturities and credit risks, and maintain portfolio liquidity.

Portfolio Manager(s)

Name Start Date
Guardian Capital LP 04-30-2021

Management and Organization

Fund Manager Guardian Capital LP
Advisor Guardian Capital LP
Custodian CIBC Mellon Trust Company
Registrar CIBC Mellon Global Securities Services Company
Distributor Worldsource Financial Management Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.07%
Management Fee 0.90%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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