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Canadian Fixed Income
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|
NAVPS (07-25-2024) |
$11.28 |
|---|---|
| Change |
$0.01
(0.13%)
|
As at June 30, 2024
As at June 30, 2024
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Inception Return (October 27, 2008): 1.91%
| 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 | 1.08% | 0.44% | -1.43% | -1.43% | 1.58% | 1.59% | -3.55% | -3.44% | -1.58% | -0.39% | -0.45% | -0.49% | -0.07% | 0.26% |
| Benchmark | 2.98% | 0.97% | -0.32% | -0.32% | 3.73% | 3.25% | -1.77% | -1.98% | -0.10% | 1.11% | 1.07% | 0.93% | 1.40% | 1.89% |
| Category Average | 1.04% | -0.41% | -0.41% | -0.41% | 3.35% | 2.96% | -2.31% | -2.05% | -0.46% | 0.58% | 0.48% | 0.42% | 0.73% | 1.08% |
| Category Rank | 375 / 643 | 614 / 635 | 623 / 631 | 623 / 631 | 613 / 620 | 592 / 596 | 570 / 577 | 532 / 539 | 503 / 510 | 468 / 476 | 435 / 443 | 399 / 408 | 359 / 362 | 326 / 331 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.13% | -0.46% | -2.93% | -0.12% | 4.28% | 3.58% | -1.56% | -0.61% | 0.30% | -2.27% | 1.67% | 1.08% |
| Benchmark | -1.08% | -0.19% | -2.62% | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% |
4.36% (April 2020)
-3.57% (April 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.80% | 1.28% | 0.80% | 1.18% | -0.48% | 5.52% | 7.42% | -4.35% | -12.81% | 4.83% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Category Rank | 278/ 319 | 302/ 349 | 328/ 383 | 349/ 428 | 411/ 454 | 410/ 500 | 468/ 530 | 554/ 561 | 514/ 590 | 594/ 606 |
7.42% (2020)
-12.81% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 51.87 |
| Canadian Corporate Bonds | 33.91 |
| Cash and Equivalents | 6.51 |
| Mortgages | 4.56 |
| Foreign Corporate Bonds | 1.81 |
| Other | 1.34 |
| Name | Percent |
|---|---|
| Fixed Income | 93.50 |
| Cash and Cash Equivalent | 6.50 |
| Financial Services | 0.01 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| North America | 99.68 |
| Latin America | 0.18 |
| Asia | 0.11 |
| Africa and Middle East | 0.03 |
| Name | Percent |
|---|---|
| Russell Investments Canadian Fixed Income Fund O | 99.86 |
| RICL CAD CASH MGT FND SERIES O | 0.14 |
| US DOLLAR | 0.00 |
| CANADIAN DOLLAR | 0.00 |
Russell Investments Fixed Income Class Series B
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.19% | 6.61% | 5.23% |
|---|---|---|---|
| Beta | 1.01% | 1.01% | 0.96% |
| Alpha | -0.02% | -0.01% | -0.02% |
| Rsquared | 0.94% | 0.95% | 0.94% |
| Sharpe | -0.88% | -0.52% | -0.21% |
| Sortino | -1.10% | -0.85% | -0.65% |
| Treynor | -0.06% | -0.03% | -0.01% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.60% | 7.19% | 6.61% | 5.23% |
| Beta | 0.95% | 1.01% | 1.01% | 0.96% |
| Alpha | -0.02% | -0.02% | -0.01% | -0.02% |
| Rsquared | 0.87% | 0.94% | 0.95% | 0.94% |
| Sharpe | -0.40% | -0.88% | -0.52% | -0.21% |
| Sortino | -0.24% | -1.10% | -0.85% | -0.65% |
| Treynor | -0.03% | -0.06% | -0.03% | -0.01% |
| Tax Efficiency | 100.00% | - | - | - |
| Start Date | October 27, 2008 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $11 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FRC2032 | ||
| FRC2036 | ||
| FRC2037 | ||
| FRC2038 |
The investment objective is to achieve a high level of current income while protecting capital. The Fund invests in, or obtains exposure to, principally fixed income securities of Canadian issuers. Exposure may be direct or indirect from any combination of holding such fixed income securities, investments in other mutual funds and derivatives. The investment objective cannot be changed unless shareholders of the Fund approve the change at a meeting.
The Fund currently invests in Russell Investments Canadian Fixed Income Fund. To the extent that the Fund elects to invest directly in other securities, the Fund expects to observe the following strategies to achieve its primary objective: the Fund will invest primarily in Canadian fixed income securities using the following styles: interest rate management, security selection, global management.
| Name | Start Date |
|---|---|
| Russell Investments Canada Limited | 10-31-2008 |
| Fund Manager | Russell Investments Canada Limited |
|---|---|
| Advisor | Russell Investments Canada Limited |
| Custodian | State Street Trust Company Canada |
| Registrar | International Financial Data Services (Canada) Ltd |
| Distributor | Russell Investments Canada Limited |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 0 |
| PAC Subsequent | 0 |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 0 |
| MER | 1.68% |
|---|---|
| Management Fee | 1.25% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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