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Global Fixed Income
|
NAVPS (10-22-2024) |
$10.35 |
|---|---|
| Change |
$0.00
(0.05%)
|
As at September 30, 2024
As at August 31, 2024
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Inception Return (November 03, 2022): 7.42%
| 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 | 1.34% | 3.84% | 5.25% | 5.74% | 11.72% | - | - | - | - | - | - | - | - | - |
| Benchmark | 1.89% | 5.62% | 5.53% | 5.97% | 11.80% | 5.82% | -1.56% | -2.79% | -0.85% | 0.97% | 1.11% | 0.18% | 0.86% | 2.37% |
| Category Average | 1.32% | 4.33% | 4.33% | 4.18% | 10.48% | 5.81% | -0.74% | -0.53% | 0.42% | 1.43% | 1.13% | 0.93% | 1.42% | 1.55% |
| Category Rank | 262 / 563 | 436 / 544 | 90 / 542 | 82 / 531 | 142 / 506 | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 4 | 1 | 1 | 2 | - | - | - | - | - | - | - | - | - |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.09% | 3.24% | 2.42% | -0.05% | -0.13% | 0.65% | -0.96% | 1.40% | 0.93% | 1.81% | 0.64% | 1.34% |
| Benchmark | 1.33% | 2.61% | 1.46% | 0.01% | 0.00% | 0.40% | -1.24% | 0.00% | 1.16% | 3.88% | -0.22% | 1.89% |
3.24% (November 2023)
-1.71% (September 2023)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 5.93% |
| Benchmark | 10.42% | 16.63% | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% |
| Category Average | 4.74% | 2.92% | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | 2 |
| Category Rank | - | - | - | - | - | - | - | - | - | 178/ 468 |
5.93% (2023)
5.93% (2023)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 35.56 |
| Canadian Government Bonds | 34.28 |
| Foreign Corporate Bonds | 13.40 |
| Cash and Equivalents | 8.97 |
| Foreign Government Bonds | 4.99 |
| Other | 2.80 |
| Name | Percent |
|---|---|
| Fixed Income | 88.23 |
| Cash and Cash Equivalent | 8.96 |
| Energy | 1.64 |
| Financial Services | 0.79 |
| Utilities | 0.40 |
| Other | -0.02 |
| Name | Percent |
|---|---|
| North America | 97.42 |
| Europe | 1.27 |
| Latin America | 0.10 |
| Other | 1.21 |
| Name | Percent |
|---|---|
| Ontario Province 1.75% 08-Sep-2025 | 2.64 |
| Canada Government 1.50% 01-Dec-2031 | 2.58 |
| Canada Government 0.25% 01-Mar-2026 | 2.40 |
| Canada Government 2.75% 01-Jun-2033 | 2.27 |
| Canada Government 1.75% 01-Dec-2053 | 2.05 |
| Canada Government 2.25% 01-Jun-2029 | 1.74 |
| Canada Government 1.00% 01-Sep-2026 | 1.72 |
| CAD Currency | 1.67 |
| United States Treasury 2.75% 15-Nov-2047 | 1.67 |
| USD Currency | 1.65 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.12% | - | - | - |
| Beta | 0.61% | - | - | - |
| Alpha | 0.04% | - | - | - |
| Rsquared | 0.52% | - | - | - |
| Sharpe | 1.57% | - | - | - |
| Sortino | 6.11% | - | - | - |
| Treynor | 0.11% | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | November 03, 2022 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $27 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PIC8520 |
The investment objective of the Picton Mahoney Fortified Core Bond Fund (the “Fund”) is to preserve capital while maximizing total return to unitholders (“Unitholders”) predominantly through income, supplemented with capital appreciation. The Fund invests primarily in a well-diversified portfolio of North American fixed-income securities and engages in hedging strategies for volatility management and risk mitigation.
The Fund will be constructed using the Manager’s proprietary portfolio construction and risk analysis framework and to create an efficient portfolio with a total volatility level that is consistent with its benchmark. To achieve the investment objective, the Fund invests in an actively managed portfolio composed primarily of investment-grade government and corporate bonds of Canadian and U.S. issuers.
| Name | Start Date |
|---|---|
| Picton Mahoney Asset Management | 11-01-2022 |
| Fund Manager | Picton Mahoney Asset Management |
|---|---|
| Advisor | Picton Mahoney Asset Management |
| Custodian | RBC Investor Services Trust |
| Registrar | RBC Investor Services Trust |
| Distributor | - |
| Auditor | PricewaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.81% |
|---|---|
| Management Fee | 1.30% |
| 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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