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Canoe Bond Advantage Portfolio Class Series A

Canadian Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2018

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2025)
$8.95
Change
-$0.03 (-0.36%)

As at May 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jan …$10,000$11,000$12,000$13,000$14,000$9,500$10,500$11,500Period

Legend

Canoe Bond Advantage Portfolio Class Series A

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Fund Returns

Inception Return (January 10, 2012): 1.82%

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 -0.38% -0.45% 0.71% 2.24% 6.26% 4.24% 3.48% -0.01% -0.86% 0.27% 1.00% 0.58% 1.07% 1.12%
Benchmark 0.08% -0.97% 0.76% 1.28% 8.93% 4.72% 3.34% 0.32% -0.12% 1.00% 1.83% 1.49% 1.65% 1.76%
Category Average 0.05% -1.01% 0.26% 1.08% 6.32% 4.37% 2.89% -0.32% -0.27% 0.63% 1.28% 0.93% 1.10% 1.11%
Category Rank 473 / 479 31 / 476 118 / 475 14 / 476 327 / 449 301 / 427 161 / 414 222 / 401 337 / 379 314 / 365 301 / 345 279 / 320 202 / 293 179 / 258
Quartile Ranking 4 1 1 1 3 3 2 3 4 4 4 4 3 3

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%4%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.14% 1.79% 0.79% 1.67% -1.22% 1.25% -1.50% 0.77% 1.91% -0.32% 0.26% -0.38%
Benchmark 2.98% 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08%

Best Monthly Return Since Inception

4.74% (July 2022)

Worst Monthly Return Since Inception

-4.11% (April 2022)

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 2.04% 1.56% 3.35% 0.97% 4.13% 7.34% -3.98% -11.33% 6.44% 2.20%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking 3 2 1 2 4 4 4 2 2 4
Category Rank 170/ 254 138/ 276 17/ 310 126/ 331 342/ 359 331/ 371 379/ 393 117/ 410 206/ 418 419/ 441

Best Calendar Return (Last 10 years)

7.34% (2020)

Worst Calendar Return (Last 10 years)

-11.33% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 68.40
Foreign Government Bonds 24.33
Cash and Equivalents 3.70
Mortgages 2.38
Canadian Government Bonds 1.19

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 96.30
Cash and Cash Equivalent 3.70

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Canoe Bond Advantage Fund Series I 99.55
Cash and Cash Equivalents 0.45

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return12345678910111213-2%0%2%4%6%8%

Canoe Bond Advantage Portfolio Class Series A

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 6.85% 6.41% 5.37%
Beta 1.02% 1.02% 0.99%
Alpha 0.00% -0.01% -0.01%
Rsquared 0.89% 0.91% 0.92%
Sharpe -0.04% -0.49% -0.09%
Sortino 0.16% -0.75% -0.44%
Treynor 0.00% -0.03% 0.00%
Tax Efficiency 57.69% - 6.44%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.00% 6.85% 6.41% 5.37%
Beta 0.74% 1.02% 1.02% 0.99%
Alpha 0.00% 0.00% -0.01% -0.01%
Rsquared 0.66% 0.89% 0.91% 0.92%
Sharpe 0.66% -0.04% -0.49% -0.09%
Sortino 1.30% 0.16% -0.75% -0.44%
Treynor 0.04% 0.00% -0.03% 0.00%
Tax Efficiency 74.05% 57.69% - 6.44%

Fund Details

Start Date January 10, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
GOC701
GOC702

Investment Objectives

The Fund aims to provide a return that is similar to the return of Canoe Bond Advantage Fund (the Underlying Fund), a Canadian bond mutual fund managed by the Manager, or by an affiliate or associate of the Manager. The Fund invests indirectly through the Partnership primarily in securities of the Underlying Fund and/or it may invest some or all of its net assets indirectly through the Partnership in securities similar to those held by the Underlying Fund.

Investment Strategy

Currently, the Fund seeks to achieve its investment objectives by investing substantially all of its net assets indirectly through the Partnership in units of the Underlying Fund. The Fund may also invest indirectly through the Partnership in securities similar to those held by the Underlying Fund.

Portfolio Management

Portfolio Manager

Canoe Financial LP

  • Marc Goldfried
  • Roshan Thiru
Sub-Advisor

-

Management and Organization

Fund Manager

Canoe Financial LP

Custodian

CIBC Mellon Trust Company

Registrar

International Financial Data Services (Canada) Ltd

Distributor

-

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 1.60%
Management Fee 1.25%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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