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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
(04-12-2024)
$9.01
Change
$0.05 (0.51%)

As at March 31, 2024

As at March 31, 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): -0.88%

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 0.77% -0.38% 0.29% 0.48% 5.38% 2.33% - - - - - - - -
Benchmark 0.60% 0.15% 7.80% 0.15% 5.72% 2.15% 0.01% 1.81% 1.63% 2.14% 2.11% 2.35% 2.15% 2.74%
Category Average 0.57% 7.54% 7.54% 0.14% 4.99% 1.50% -0.75% 1.55% 1.09% 1.47% - - - -
Category Rank 15 / 97 34 / 97 3 / 97 34 / 97 46 / 97 31 / 87 - - - - - - - -
Quartile Ranking 1 2 1 2 2 2 - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.30% -1.90% -0.21% -0.47% -0.15% -2.01% 0.29% 4.00% 4.12% -0.38% 0.10% 0.77%
Benchmark 1.34% -1.31% 0.19% -0.36% -0.02% -1.75% 0.45% 3.64% 3.39% -0.70% 0.25% 0.60%

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 91.34
Canadian Government Bonds 5.37
Cash and Equivalents 3.27
Other 0.02

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 96.71
Cash and Cash Equivalent 3.27
Other 0.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.98
Other 0.02

Top Holdings

Top Holdings
Name Percent
Inter Pipeline Ltd 3.98% 25-Nov-2031 4.39
Manulife Financial Corp 2.82% 13-May-2030 4.17
Guardian Canadian Short-Term Investment Fund Ser I 3.28
Fairfax Financial Holdings Ltd 3.95% 03-Dec-2030 3.20
Enbridge Inc 3.10% 21-Jun-2033 2.75
Inter Pipeline Ltd 5.85% 18-May-2032 2.46
Ontario Province 2.15% 02-Jun-2031 2.32
Transcanada Pipelines Ltd 5.33% 12-Feb-2032 2.29
Granite REIT Holdings LP 2.38% 18-Sep-2030 2.23
Transcanada Pipelines Ltd 5.28% 15-May-2030 2.22

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

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 1.13%
Management Fee 0.90%
Load Front Fee Only
FE Max 0.00%
DSC Max -
LL Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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