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GuardBonds 2027 Investment Grade Bond Fund Class A

Cdn Short Term Fixed Inc

NAVPS
(04-18-2024)
$19.87
Change
-$0.03 (-0.17%)

As at March 31, 2024

As at March 31, 2024

No data available


Fund Returns

Inception Return (January 05, 2024): 0.47%

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 0.45% - - - - - - - - - - - - -
Benchmark 0.53% 0.45% 4.45% 0.45% 3.64% 2.06% 0.29% 0.89% 1.33% 1.66% 1.39% 1.38% 1.34% 1.59%
Category Average 0.47% 4.40% 4.40% 0.54% 3.84% 1.74% 0.16% 1.11% 1.08% 1.28% 1.05% 1.06% 0.92% 1.04%
Category Rank 173 / 322 - - - - - - - - - - - - -
Quartile Ranking 3 - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund - - - - - - - - - - -0.13% 0.45%
Benchmark 0.41% -0.84% -0.32% -0.08% 0.39% -0.32% 0.78% 1.67% 1.48% -0.13% 0.05% 0.53%

Best Monthly Return Since Inception

0.45% (March 2024)

Worst Monthly Return Since Inception

-0.13% (February 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 3.01% 2.56% 0.90% 0.27% 1.89% 2.98% 5.17% -0.92% -3.98% 4.92%
Category Average 1.73% 0.55% 0.85% 0.42% 0.53% 2.93% 4.36% -0.83% -4.45% 4.84%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 73.45
Canadian Government Bonds 26.56
Cash and Equivalents -0.02
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 100.02
Cash and Cash Equivalent -0.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Ontario Teachers Finance Trust 1.10% 19-Oct-2027 9.48
Bank of Nova Scotia 1.40% 01-Nov-2027 9.46
Saputo Inc 2.24% 07-Apr-2027 9.46
Ontario Province 1.05% 08-Sep-2027 9.41
Granite REIT Holdings LP 3.06% 04-Apr-2027 7.93
Canadian Imperial Bank Commrce 5.05% 07-Oct-2027 7.05
OMERS Realty Corp 3.24% 04-Oct-2027 7.01
Ontario Power Generation Inc 3.32% 04-Jul-2027 6.99
Royal Bank of Canada 4.61% 26-Jul-2027 6.97
New Brunswick Province 2.35% 14-Aug-2027 6.94

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. 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 January 05, 2024
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $0

Fund Codes

FundServ Code Load Code Sales Status
GCG5106

Investment Objectives

The primary objective of the Fund is to provide income over a pre-determined time horizon by investing in a portfolio consisting primarily of Canadian-dollar denominated investment grade bonds with an effective maturity in 2027. The Fund’s termination date is anticipated to be on or about November 30, 2027 (the “2027 Termination Date”).

Investment Strategy

The Fund is actively-managed by the Manager’s fixed income team. The portfolio management team will, at the time of investment, select a portfolio consisting primarily of Canadian-dollar denominated investment grade corporate bonds with an effective maturity in the calendar year outlined in the investment objective. At all times the bonds will have effective maturities that correspond with the calendar year maturity outlined in the investment objective.

Portfolio Manager(s)

Name Start Date
Guardian Capital LP 01-05-2024

Management and Organization

Fund Manager Guardian Capital LP
Advisor Guardian Capital LP
Custodian CIBC Mellon Global Securities Services Company
Registrar CIBC Mellon Global Securities Services Company
Distributor -
Auditor PricewaterhouseCoopers LLP

Investment Minimums

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

Fees

MER -
Management Fee 0.70%
Load Front Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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