Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Dynamic Credit Opportunities Fund Series A

  • Premium Feature Only
Add to My Watchlist

Alternative Credit Focus

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(10-09-2025) 		$10.56
Change
-$0.01 (-0.11%)

As at September 30, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Nov 2023Jan 2024Mar 2024Apr 2024Jun 2024Aug 2024Sep 2024Dec 2024Feb 2025Apr 2025Jun 2025Aug 2025Sep 2025Dec 2023Apr 2024Jul 2024Nov 2024Feb 2025Jun 2025$10,000$11,000$9,500$10,500$11,500$12,000Period

Legend

Dynamic Credit Opportunities Fund Series A

Compare Options

Fund Returns

Inception Return (September 25, 2023): 7.31%

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 0.34% 1.85% 3.67% 5.25% 5.99% 7.37% - - - - - - - -
Benchmark 1.80% 1.42% 0.76% 2.76% 2.66% 7.60% 4.42% 0.61% -0.31% 0.90% 2.13% 2.09% 1.48% 1.96%
Category Average 0.84% 2.20% 3.61% 4.64% 6.17% 8.48% 7.31% 3.91% 4.48% 4.42% - - - -
Category Rank 113 / 132 76 / 130 54 / 125 47 / 123 59 / 114 71 / 109 - - - - - - - -
Quartile Ranking 4 3 2 2 3 3 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.01% -0.03% 0.73% 1.04% 0.88% -0.40% -0.96% 1.46% 1.29% 0.84% 0.66% 0.34%
Benchmark -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04% -0.74% 0.37% 1.80%

Best Monthly Return Since Inception

1.48% (February 2024)

Worst Monthly Return Since Inception

-0.96% (April 2025)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - 7.66%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average - - - - - 7.20% 3.25% -4.07% 7.22% 7.97%
Quartile Ranking - - - - - - - - - 3
Category Rank - - - - - - - - - 62/ 110

Best Calendar Return (Last 10 years)

7.66% (2024)

Worst Calendar Return (Last 10 years)

7.66% (2024)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 75.76
Canadian Corporate Bonds 36.14
Canadian Equity 0.90
Foreign Government Bonds 0.69
Derivatives -1.68

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 112.59
Energy 0.52
Telecommunications 0.35
Financial Services 0.03
Cash and Cash Equivalent -11.83

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.98
Other 0.02

Top Holdings

Top Holdings
Name Percent
Markit CDX North American High Yield Index 44 Swap 1.00% 20-Jun-2030 23.28
Strathcona Resources Ltd 6.88% 01-Aug-2026 14.22
Precision Drilling Corp 7.13% 15-Jan-2026 9.37
Frontier Comms Holdings LLC 6.00% 15-Jan-2030 8.94
Nuvista Energy Ltd 7.88% 23-Jul-2026 8.17
Obsidian Energy Ltd 11.95% 27-Jul-2027 6.23
Meg Energy Corp 5.88% 01-Feb-2029 4.82
North American Construction Group Ltd 7.75% 01-May-2030 4.78
Constellation Oil Srvc Hldg SA 9.38% 07-Nov-2029 4.63
Greenfire Resources Ltd 12.00% 01-Oct-2028 4.50

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: L.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.49% - - -
Beta 0.17% - - -
Alpha 0.05% - - -
Rsquared 0.05% - - -
Sharpe 1.18% - - -
Sortino 2.01% - - -
Treynor 0.18% - - -
Tax Efficiency 70.21% - - -

Fund Details

Start Date September 25, 2023
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $65

Fund Codes

FundServ Code Load Code Sales Status
DYN3136

Investment Objectives

The Fund seeks to generate absolute returns over a complete market cycle through long and short positions in primarily corporate debt securities. The Fund will use alternative investment strategies including the use of leverage.

Investment Strategy

To achieve the Fund’s investment objectives, the Fund will follow a comprehensive top-down and bottom-up investment process focused on the risk-reward relationship of individual credit investments inside a diversified portfolio

Portfolio Management

Portfolio Manager

1832 Asset Management L.P.

  • Marc-André Gaudreau
  • Jeremy Lucas
  • Roger Rouleau
Sub-Advisor

-

Management and Organization

Fund Manager

1832 Asset Management L.P.
Custodian

-
Registrar

1832 Asset Management L.P.
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.54%
Management Fee 1.80%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info