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Addenda Income Focus Fund Series A

Global Fixed Inc Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(04-19-2024)
$9.18
Change
$0.00 (0.05%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

Addenda Income Focus Fund Series A

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Fund Returns

Inception Return (March 31, 2022): -0.04%

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 0.97% 0.45% 8.84% 0.45% 4.47% -0.04% - - - - - - - -
Benchmark 1.04% 2.83% 9.37% 2.83% 5.66% 2.64% 0.26% 0.62% 1.90% 2.31% 2.72% 3.04% 3.24% 4.26%
Category Average 1.42% 9.52% 9.52% 2.30% 6.66% 1.54% 1.01% 4.45% 2.74% 2.77% 2.74% 3.17% 2.58% 3.02%
Category Rank 906 / 959 952 / 959 640 / 923 952 / 959 845 / 907 864 / 897 - - - - - - - -
Quartile Ranking 4 4 3 4 4 4 - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.22% -2.14% 0.45% -0.42% -0.25% -2.88% -0.20% 5.02% 3.38% -0.79% 0.27% 0.97%
Benchmark 1.00% -1.55% -1.21% 0.72% 1.08% -3.41% 0.82% 3.70% 1.73% 0.36% 1.41% 1.04%

Best Monthly Return Since Inception

5.02% (November 2023)

Worst Monthly Return Since Inception

-4.10% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 6.99%
Benchmark 11.35% 16.91% 0.39% 3.81% 5.53% 6.30% 9.09% -0.49% -11.13% 6.74%
Category Average 6.43% 1.21% 4.39% 5.49% -2.85% 9.97% 7.08% 4.51% -11.10% 7.71%
Quartile Ranking - - - - - - - - - 3
Category Rank - - - - - - - - - 630/ 907

Best Calendar Return (Last 10 years)

6.99% (2023)

Worst Calendar Return (Last 10 years)

6.99% (2023)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 41.15
Canadian Corporate Bonds 17.78
Canadian Equity 12.35
Foreign Bonds - Funds 8.28
US Equity 7.94
Other 12.50

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 64.12
Cash and Cash Equivalent 5.20
Technology 5.13
Mutual Fund 4.97
Financial Services 4.79
Other 15.79

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.29
Multi-National 8.28
Europe 4.41
Asia 1.00
Other 0.02

Top Holdings

Top Holdings
Name Percent
Canada Government 2.25% 01-Dec-2029 7.15
NEI Global Impact Bond Fund A 4.97
Hydro-Quebec 6.00% 15-Feb-2040 4.87
Ontario Province 2.65% 05-Feb-2025 4.55
NEI Global High Yield Bond Fund Series A 3.31
Canada Government 1.75% 01-Dec-2053 2.30
Lower Mattagami Energy LP 2.43% 14-Feb-2031 2.20
Ontario Power Generation Inc 3.22% 08-Jan-2030 2.15
British Columbia Province 4.80% 15-Nov-2028 2.05
Federation Csses Desjardins Qc 5.48% 16-Aug-2028 1.81

Equity Style

Market capitalization is large. Equity style is growth.

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 March 31, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
ADD100

Investment Objectives

The investment objective of this Fund is to provide income while focusing on capital preservation and providing some potential for capital growth by investing primarily in a mix of domestic and foreign fixed income-oriented securities and to a lesser extent, domestic and foreign equity securities through a sustainable investment approach. Such investments may be made by the Fund either directly or indirectly through investments in other mutual funds, including ETFs.

Investment Strategy

To achieve the Fund’s investment objectives, the manager uses strategic asset allocation as the principal investment strategy.

Portfolio Manager(s)

Name Start Date
Addenda Capital Inc. 03-09-2022

Management and Organization

Fund Manager Addenda Capital Inc.
Advisor Addenda Capital Inc.
Custodian CIBC Mellon Trust Company
Registrar CIBC Mellon Global Securities Services Company
Distributor -
Auditor PricewaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 50
SWP Min Withdrawal -

Fees

MER -
Management Fee 1.20%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.70%
Trailer Fee Max (LL) -

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