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Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-06-2024) |
$4.77 |
|---|---|
| Change |
$0.00
(0.09%)
|
As at July 31, 2024
As at May 31, 2024
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Inception Return (August 03, 1973): 5.58%
| 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 | 1.06% | 2.43% | 2.68% | 2.87% | 5.89% | 3.38% | 0.33% | 0.16% | 0.71% | 0.96% | 0.78% | 0.55% | 0.48% | 0.60% |
| Benchmark | 1.36% | 3.05% | 3.23% | 3.09% | 7.28% | 3.54% | 1.02% | 0.91% | 1.69% | 2.08% | 1.88% | 1.61% | 1.57% | 1.77% |
| Category Average | 1.31% | 2.98% | 2.98% | 2.94% | 6.64% | 3.43% | 0.82% | 0.87% | 1.39% | 1.67% | 1.46% | 1.26% | 1.19% | 1.22% |
| Category Rank | 236 / 319 | 209 / 318 | 256 / 314 | 219 / 286 | 231 / 281 | 194 / 263 | 211 / 247 | 210 / 234 | 212 / 225 | 203 / 213 | 191 / 200 | 175 / 184 | 164 / 173 | 153 / 162 |
| Quartile Ranking | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.15% | -0.22% | 0.29% | 1.33% | 1.36% | 0.18% | 0.19% | 0.36% | -0.31% | 0.67% | 0.68% | 1.06% |
| Benchmark | 0.39% | -0.32% | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% |
8.50% (June 1980)
-2.55% (October 1979)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.35% | 0.52% | -0.08% | -1.02% | 0.31% | 2.16% | 3.85% | -1.86% | -4.99% | 3.91% |
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Category Rank | 122/ 145 | 134/ 166 | 168/ 179 | 178/ 184 | 177/ 204 | 187/ 220 | 179/ 230 | 218/ 236 | 198/ 250 | 240/ 266 |
3.91% (2023)
-4.99% (2022)
| Name | Percent |
|---|---|
| Mortgages | 43.73 |
| Canadian Corporate Bonds | 28.53 |
| Canadian Government Bonds | 16.55 |
| Cash and Equivalents | 7.70 |
| Foreign Corporate Bonds | 2.99 |
| Other | 0.50 |
| Name | Percent |
|---|---|
| Fixed Income | 92.15 |
| Cash and Cash Equivalent | 7.70 |
| Financial Services | 0.06 |
| Utilities | 0.04 |
| Consumer Goods | 0.02 |
| Other | 0.03 |
| Name | Percent |
|---|---|
| North America | 99.70 |
| Latin America | 0.18 |
| Europe | 0.07 |
| Other | 0.05 |
| Name | Percent |
|---|---|
| Mortgage Assets | 43.32 |
| Ontario Province 4.00% 08-Mar-2029 | 3.38 |
| Quebec Province 2.75% 01-Sep-2028 | 3.28 |
| Ontario Province 3.40% 08-Sep-2028 | 3.19 |
| Ontario Province 3.60% 08-Mar-2028 | 2.77 |
| CAD Term Deposit #126236 | 2.42 |
| Canada Government 4.25% 01-Dec-2026 | 1.88 |
| Canada Government 3.25% 01-Sep-2028 | 1.49 |
| United States Dollars | 1.13 |
| John Deere Financial Inc 5.17% 15-Sep-2028 | 0.88 |
IG Mackenzie Mortgage and Short Term Income Fund Series C
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 2.26% | 2.06% | 1.58% |
|---|---|---|---|
| Beta | 0.67% | 0.69% | 0.65% |
| Alpha | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.70% | 0.65% | 0.65% |
| Sharpe | -1.23% | -0.68% | -0.57% |
| Sortino | -1.31% | -1.23% | -1.59% |
| Treynor | -0.04% | -0.02% | -0.01% |
| Tax Efficiency | - | 2.85% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.91% | 2.26% | 2.06% | 1.58% |
| Beta | 0.75% | 0.67% | 0.69% | 0.65% |
| Alpha | 0.00% | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.92% | 0.70% | 0.65% | 0.65% |
| Sharpe | 0.48% | -1.23% | -0.68% | -0.57% |
| Sortino | 3.73% | -1.31% | -1.23% | -1.59% |
| Treynor | 0.01% | -0.04% | -0.02% | -0.01% |
| Tax Efficiency | 82.85% | - | 2.85% | - |
| Start Date | August 03, 1973 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $3,450 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI081 | ||
| IGI280 | ||
| IGI373 |
The Fund aims to provide a consistent level of current income by investing primarily in short-term debt securities and mortgages on improved real estate in Canada.
The Fund will diversify its portfolio by investing primarily in fixed term, liquid debt securities, including both corporate and government-issued (or guaranteed) debt securities, as well as Canada Mortgage Bonds, mortgage-backed securities and mortgages. It is expected that over the long term the mortgage component of the Fund’s portfolio will generally not be more than 50% of its assets.
| Name | Start Date |
|---|---|
| I.G. Investment Management, Ltd. | 12-09-2002 |
| Felix Wong | 09-29-2021 |
| Jenny Wan | 09-29-2021 |
| Mark Hamlin | 09-29-2021 |
| Konstantin Boehmer | 08-30-2022 |
| Fund Manager | I.G. Investment Management, Ltd. |
|---|---|
| Advisor | I.G. Investment Management, Ltd. |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | I.G. Investment Management, Ltd. |
| Distributor | Investors Group Financial Services Inc. |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.93% |
|---|---|
| Management Fee | 1.55% |
| Load | Choice of Front or Back |
| FE Max | - |
| DSC Max | 1.50% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.70% |
| Trailer Fee Max (NL) | 0.70% |
| Trailer Fee Max (LL) | - |
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