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Cdn Short Term Fixed Inc
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NAVPS (10-08-2024) |
$19.61 |
---|---|
Change |
$0.00
(0.00%)
|
As at September 30, 2024
As at July 31, 2024
Inception Return (March 23, 2018): 2.95%
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 | 0.73% | 1.55% | 2.78% | 4.51% | 6.13% | 6.17% | 3.85% | 3.18% | 3.23% | 3.08% | - | - | - | - |
Benchmark | 1.26% | 3.28% | 4.58% | 5.04% | 9.22% | 5.27% | 1.77% | 1.30% | 2.01% | 2.37% | 2.16% | 1.81% | 1.82% | 1.93% |
Category Average | 1.15% | 4.09% | 4.09% | 4.64% | 8.67% | 5.09% | 1.45% | 1.19% | 1.68% | 1.93% | 1.71% | 1.44% | 1.45% | 1.39% |
Category Rank | 270 / 324 | 290 / 315 | 288 / 311 | 216 / 282 | 255 / 280 | 67 / 263 | 7 / 247 | 17 / 234 | 20 / 229 | 24 / 214 | - | - | - | - |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 2 | 1 | 1 | 1 | 1 | - | - | - | - |
Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.35% | 0.49% | 0.70% | 0.69% | 0.55% | 0.43% | 0.48% | 0.35% | 0.38% | 0.63% | 0.19% | 0.73% |
Benchmark | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% |
1.91% (April 2020)
-2.45% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | - | - | 3.44% | 3.48% | 0.50% | 0.87% | 6.18% |
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 | - | - | - | - | - | 2 | 4 | 1 | 1 | 1 |
Category Rank | - | - | - | - | - | 83/ 219 | 184/ 229 | 31/ 235 | 14/ 249 | 49/ 263 |
6.18% (2023)
0.50% (2021)
Name | Percent |
---|---|
Canadian Corporate Bonds | 70.42 |
Cash and Equivalents | 24.89 |
Canadian Government Bonds | 6.90 |
Derivatives | -2.20 |
Other | -0.01 |
Name | Percent |
---|---|
Fixed Income | 77.31 |
Cash and Cash Equivalent | 24.89 |
Other | -2.20 |
Name | Percent |
---|---|
North America | 90.39 |
Other | 9.61 |
Name | Percent |
---|---|
Canadian Imperial Bank of Commerce Interest Rate Swap variable 4.52% 24-Jun-2028 | 11.78 |
Toronto-Dominion Bank 5.49% 08-Sep-2028 | 9.64 |
SCOTIA CAD OVERNIGHTDEPOSIT 5.30% 31-Dec-2049 | 9.61 |
Royal Bank of Canada 4.63% 01-May-2028 | 8.91 |
Toronto-Dominion Bank (The) Interest Rate Swap variable 4.52% 11-Mar-2028 | 8.91 |
Bank of Montreal 4.54% 18-Dec-2028 | 8.76 |
Toronto-Dominion Bank (The) Interest Rate Swap variable 4.52% 11-Mar-2027 | 7.43 |
Transcanada Pipelines Ltd 5.42% 27-Sep-2024 | 7.04 |
Toronto-Dominion Bank (The) Interest Rate Swap variable 4.52% 14-Mar-2029 | 6.17 |
Toronto-Dominion Bank (The) Interest Rate Swap variable 4.52% 17-Aug-2028 | 5.87 |
Dynamic Active Ultra Short Term Bond ETF
Median
Other - Cdn Short Term Fixed Inc
Standard Deviation | 1.31% | 1.86% | - |
---|---|---|---|
Beta | 0.21% | 0.28% | - |
Alpha | 0.03% | 0.03% | - |
Rsquared | 0.21% | 0.14% | - |
Sharpe | 0.33% | 0.53% | - |
Sortino | 0.94% | 0.14% | - |
Treynor | 0.02% | 0.03% | - |
Tax Efficiency | 49.32% | 56.88% | - |
Volatility | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 0.58% | 1.31% | 1.86% | - |
Beta | 0.04% | 0.21% | 0.28% | - |
Alpha | 0.06% | 0.03% | 0.03% | - |
Rsquared | 0.02% | 0.21% | 0.14% | - |
Sharpe | 2.15% | 0.33% | 0.53% | - |
Sortino | - | 0.94% | 0.14% | - |
Treynor | 0.35% | 0.02% | 0.03% | - |
Tax Efficiency | 57.71% | 49.32% | 56.88% | - |
Start Date | March 23, 2018 |
---|---|
Instrument Type | Exchange Traded Fund |
Share Class | Do-It-Yourself |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | - |
FundServ Code | Load Code | Sales Status |
---|---|---|
N/A |
DXV seeks to provide a floating rate of interest income while preserving capital by investing primarily in Canadian investment grade corporate bonds and through using interest rate derivatives that seek to mitigate the effects of interest rate fluctuations. Exposure to these types of fixed income securities and derivatives will be obtained by investing directly in them, in securities of one or more Other Funds, and/or through the use of derivatives.
To achieve its objective, DXV will invest primarily in Canadian investment grade corporate bonds while using interest rate derivatives to minimize interest rate risk and deliver a floating rate of income. DXV may also invest in high yield securities as long as the weighted average credit rating of DXV remains BBB- or above.
Name | Start Date |
---|---|
Marc-André Gaudreau | 03-28-2018 |
Jeremy Lucas | 07-13-2020 |
Roger Rouleau | 07-13-2020 |
Fund Manager | 1832 Asset Management L.P. |
---|---|
Advisor | 1832 Asset Management L.P. |
Custodian | State Street Trust Company Canada |
Registrar | State Street Trust Company Canada |
Distributor | - |
Auditor | PriceWaterhouseCoopers LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | No |
PAC Initial Investment | - |
PAC Subsequent | - |
SWP Allowed | No |
SWP Min Balance | - |
SWP Min Withdrawal | - |
MER | 0.33% |
---|---|
Management Fee | 0.30% |
Load | No Load |
FE Max | - |
DSC Max | - |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | - |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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