Join Fund Library now and get free access to personalized features to help you manage your investments.
High Yield Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (12-13-2024) |
$4.76 |
|---|---|
| Change |
$0.00
(-0.05%)
|
As at November 30, 2024
As at November 30, 2024
Loading...
Inception Return (February 28, 1994): 4.38%
| 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 | 0.97% | 2.14% | 5.03% | 8.75% | 11.12% | 6.45% | 0.37% | 0.71% | 1.46% | 2.32% | 1.50% | 2.07% | 2.41% | 2.02% |
| Benchmark | 0.82% | 5.17% | 9.67% | 14.84% | 15.87% | 12.91% | 5.71% | 4.51% | 4.92% | 5.53% | 4.90% | 5.16% | 5.85% | 6.42% |
| Category Average | 1.12% | 2.01% | 5.52% | 7.49% | 10.61% | 7.81% | 1.98% | 2.44% | 2.94% | 3.57% | 2.87% | 3.33% | 3.63% | 3.03% |
| Category Rank | 223 / 304 | 154 / 304 | 229 / 302 | 98 / 302 | 155 / 302 | 273 / 296 | 263 / 287 | 250 / 278 | 249 / 272 | 241 / 260 | 219 / 237 | 205 / 225 | 194 / 199 | 176 / 183 |
| Quartile Ranking | 3 | 3 | 4 | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.18% | 1.19% | 0.34% | 1.02% | -0.48% | 1.44% | 0.39% | 1.66% | 0.76% | 0.80% | 0.35% | 0.97% |
| Benchmark | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% |
5.92% (May 2020)
-13.37% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.94% | -0.43% | 6.08% | 4.05% | -3.31% | 8.78% | 5.34% | 1.05% | -11.74% | 4.18% |
| Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
| Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
| Quartile Ranking | 2 | 2 | 4 | 3 | 3 | 3 | 2 | 4 | 4 | 4 |
| Category Rank | 64/ 171 | 55/ 183 | 186/ 199 | 159/ 227 | 160/ 238 | 175/ 263 | 132/ 273 | 236/ 278 | 245/ 287 | 277/ 296 |
8.78% (2019)
-11.74% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 48.49 |
| Canadian Corporate Bonds | 21.76 |
| Foreign Government Bonds | 10.75 |
| Cash and Equivalents | 7.58 |
| Foreign Bonds - Funds | 4.26 |
| Other | 7.16 |
| Name | Percent |
|---|---|
| Fixed Income | 85.85 |
| Cash and Cash Equivalent | 7.58 |
| Utilities | 2.48 |
| Consumer Goods | 1.63 |
| Energy | 1.13 |
| Other | 1.33 |
| Name | Percent |
|---|---|
| North America | 93.85 |
| Multi-National | 4.70 |
| Latin America | 1.43 |
| Europe | 0.01 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| AGF Credit Opportunities Fund Series Y | 4.26 |
| United States Treasury 3.63% 15-Apr-2028 | 3.80 |
| Groupon Inc. 6.25% 15-Mar-2027 | 1.76 |
| United States Treasury 4.63% 30-Jun-2026 | 1.66 |
| Enova International Inc 11.25% 15-Dec-2028 | 1.61 |
| TransAlta Corp 7.75% 15-Nov-2029 | 1.56 |
| Laurentian Bank of Canada 5.30% 15-Jun-2081 | 1.52 |
| Royal Bank of Canada 3.65% 24-Nov-2081 | 1.51 |
| Lucid Group Inc 1.25% 15-Dec-2026 | 1.49 |
| Toronto-Dominion Bank 5.71% 20-Oct-2026 | 1.49 |
AGF Global Corporate Bond Fund Mutual Fund Series
Median
Other - High Yield Fixed Income
| Standard Deviation | 5.51% | 8.62% | 6.88% |
|---|---|---|---|
| Beta | 0.62% | 0.91% | 0.70% |
| Alpha | -0.03% | -0.03% | -0.02% |
| Rsquared | 0.56% | 0.59% | 0.51% |
| Sharpe | -0.55% | -0.05% | 0.09% |
| Sortino | -0.55% | -0.16% | -0.14% |
| Treynor | -0.05% | 0.00% | 0.01% |
| Tax Efficiency | - | - | 17.39% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.43% | 5.51% | 8.62% | 6.88% |
| Beta | 0.01% | 0.62% | 0.91% | 0.70% |
| Alpha | 0.11% | -0.03% | -0.03% | -0.02% |
| Rsquared | 0.00% | 0.56% | 0.59% | 0.51% |
| Sharpe | 2.51% | -0.55% | -0.05% | 0.09% |
| Sortino | - | -0.55% | -0.16% | -0.14% |
| Treynor | 8.19% | -0.05% | 0.00% | 0.01% |
| Tax Efficiency | 82.17% | - | - | 17.39% |
| Start Date | February 28, 1994 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $426 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| AGF237 | ||
| AGF419 | ||
| AGF420 |
The Fund's objective is to generate a high level of income and maximize return by investing primarily in fixed income securities issued or guaranteed by corporations around the world and rated BB+ equivalent or lower.
The portfolio manager seeks to maximize the total return of the portfolio through a bottom-up approach to corporate fixed-income security selection and a top-down approach to category allocation and duration management. This Fund may also invest in floating rate loans. The portfolio manager aims to select fixed-income securities that provide an attractive return relative to the risk of each credit.
| Name | Start Date |
|---|---|
| Andy Kochar | 08-07-2018 |
| AGF Investments LLC | 04-26-2023 |
| Fund Manager | AGF Investments Inc. |
|---|---|
| Advisor | AGF Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | AGF CustomerFirst Inc. |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 50 |
| SWP Min Withdrawal | 50 |
| MER | 1.85% |
|---|---|
| Management Fee | 1.50% |
| Load | Choice of Front or No Load |
| FE Max | 6.00% |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
