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Multi-Sector Fixed Income

NAVPS
(04-12-2024)
$9.85
Change
$0.03 (0.31%)

As at March 31, 2024

As at January 31, 2024

Period
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Legend

Canoe Unconstrained Bond Fund Series A

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Fund Returns

Inception Return (August 01, 2023): 2.57%

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 0.67% 0.40% -1.38% 0.42% - - - - - - - - - -
Benchmark 0.67% 1.56% 7.31% 1.56% 3.76% 2.10% -1.05% -1.60% 0.23% 0.94% 1.24% 1.69% 2.07% 3.07%
Category Average 0.93% 6.51% 6.51% 0.57% 4.70% - - - - - - - - -
Category Rank 258 / 276 188 / 275 268 / 275 188 / 275 - - - - - - - - - -
Quartile Ranking 4 3 4 3 - - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund - - - - - -2.03% -1.38% 3.33% 2.43% 0.40% -0.65% 0.67%
Benchmark 1.06% -1.59% -2.01% 0.30% 1.72% -2.75% 1.40% 2.81% 1.36% 0.46% 0.43% 0.67%

Best Monthly Return Since Inception

3.33% (November 2023)

Worst Monthly Return Since Inception

-2.03% (September 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 11.01% 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 42.35
Foreign Bonds - Other 22.76
Foreign Corporate Bonds 13.67
Foreign Government Bonds 12.52
Mortgages 8.68
Other 0.02

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 57.64
Cash and Cash Equivalent 42.36

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.57
Multi-National 1.46
Asia -0.02
Europe -0.02
Other 0.01

Top Holdings

Top Holdings
Name Percent
United States Treasury 0.00% 08-Aug-2024 16.02
United States Treasury 0.00% 11-Jul-2024 13.29
United States Treasury 0.00% 03-Oct-2024 9.29
COMMIT TO PUR FNMA SF MTG 4.00% 01-Mar-2052 6.64
COMMIT TO PUR FNMA SF MTG 5.50% 01-Mar-2040 4.96
United States Treasury 1.38% 15-Jul-2033 4.46
COMMIT TO PUR FNMA SF MTG 6.00% 01-Mar-2039 3.72
United States Treasury 2.75% 15-Aug-2032 2.20
United States Treasury 1.50% 15-Feb-2053 1.96
United States Treasury 1.25% 15-Apr-2028 1.75

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: H.

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 August 01, 2023
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
GOC5061

Investment Objectives

Maximize risk-adjusted total returns while preserving capital The Fund aims to maximize risk-adjusted total returns while preserving capital by investing primarily in global fixed income securities

Investment Strategy

In managing the Fund, the sub-advisor pursues relative value opportunities across the global fixed income market. The sub-advisor will invest, under normal circumstances, at least 85% of the Fund’s net assets in fixed income instruments, including investment-grade and high yield corporate credit, government and agency bonds, mortgage-backed and asset-backed securities, and emerging markets debt, issued primarily by various U.S. and non-U.S. public or private sector entities

Portfolio Manager(s)

Name Start Date
Canoe Financial LP 06-07-2023
Reams Asset Management 07-07-2023

Management and Organization

Fund Manager Canoe Financial LP
Advisor Canoe Financial LP
Custodian -
Registrar -
Distributor -
Auditor PWC Management Services LP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER -
Management Fee 1.20%
Load Front Fee Only
FE Max 0.00%
DSC Max -
LL Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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