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Cdn Corp Fixed Income
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|
NAVPS (09-09-2024) |
$10.22 |
|---|---|
| Change |
$0.02
(0.20%)
|
As at July 31, 2024
As at July 31, 2024
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Inception Return (April 28, 2022): 3.64%
| 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 | 2.31% | 4.43% | 3.99% | 3.80% | 9.08% | 3.77% | - | - | - | - | - | - | - | - |
| Benchmark | 1.96% | 4.47% | 4.04% | 3.31% | 9.23% | 4.70% | 0.18% | 0.13% | 1.64% | 2.73% | 2.62% | 2.35% | 2.53% | 2.81% |
| Category Average | 2.13% | 3.97% | 3.97% | 3.39% | 8.85% | 4.44% | -0.27% | -0.07% | 1.19% | 2.06% | - | - | - | - |
| Category Rank | 12 / 104 | 74 / 103 | 54 / 96 | 38 / 96 | 53 / 96 | 88 / 89 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 3 | 3 | 2 | 3 | 4 | - | - | - | - | - | - | - | - |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.01% | -1.18% | 0.43% | 3.00% | 2.81% | -0.17% | -0.04% | 0.63% | -1.01% | 1.25% | 0.81% | 2.31% |
| Benchmark | -0.02% | -1.75% | 0.45% | 3.64% | 3.39% | -0.70% | 0.25% | 0.60% | -1.26% | 1.47% | 0.98% | 1.96% |
3.00% (November 2023)
-2.21% (August 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 5.97% |
| 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 | - | - | - | - | - | - | - | - | - | 4 |
| Category Rank | - | - | - | - | - | - | - | - | - | 91/ 92 |
5.97% (2023)
5.97% (2023)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 80.16 |
| Canadian Government Bonds | 18.82 |
| Cash and Equivalents | 0.98 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| Fixed Income | 93.48 |
| Financial Services | 5.50 |
| Cash and Cash Equivalent | 0.98 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| North America | 99.96 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| New York Life Global Funding 2.00% 17-Apr-2028 | 3.90 |
| Sun Life Financial Inc 4.78% 10-Aug-2029 | 3.64 |
| Canada Housing Trust No 1 3.70% 15-Jun-2029 | 3.21 |
| Bank of Montreal 3.19% 01-Mar-2028 | 3.17 |
| Telus Corp 3.15% 19-Nov-2029 | 3.05 |
| Bank of Montreal 2.70% 09-Dec-2026 | 2.97 |
| TMX Group Ltd - Debenture Cl C | 2.84 |
| Bank of Nova Scotia 3.10% 02-Feb-2028 | 2.83 |
| Canada Housing Trust No 1 2.10% 15-Sep-2029 | 2.82 |
| TMX Group Ltd - Debenture Cl B | 2.66 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.79% | - | - | - |
| Beta | 0.81% | - | - | - |
| Alpha | 0.01% | - | - | - |
| Rsquared | 0.97% | - | - | - |
| Sharpe | 0.83% | - | - | - |
| Sortino | 2.92% | - | - | - |
| Treynor | 0.05% | - | - | - |
| Tax Efficiency | 86.37% | - | - | - |
| Start Date | April 28, 2022 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $0 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GCG501A |
The primary objective of the Fund is to generate an above-average income stream, primarily through investments in investment grade corporate bonds, debentures, notes or other evidence of indebtedness.
The sub-adviser uses a disciplined management approach while employing various analytical tools to identify investments that offer value on a relative basis with a view to maximizing current income while preserving the prospect for some capital growth. The sub-adviser will, under normal conditions, adhere to a laddered approach designed to diversify exposure to various term maturities and maintain portfolio liquidity. The Fund will also be diversified by issuer and by number of issues.
| Name | Start Date |
|---|---|
| Guardian Capital LP | 04-28-2022 |
| 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 |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 0.96% |
|---|---|
| Management Fee | 0.80% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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