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Dynamic Advantage Bond Class Series A

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Canadian Fixed Income

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2012

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NAVPS
(12-02-2024) 		$13.02
Change
$0.01 (0.09%)

As at October 31, 2024

As at August 31, 2024

Period
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Legend

Dynamic Advantage Bond Class Series A

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Fund Returns

Inception Return (February 04, 2008): 2.52%

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 -0.85% 1.00% 6.28% 3.77% 12.43% 5.75% -0.12% -0.12% 0.78% 1.63% 1.25% 1.05% 1.19% 1.18%
Benchmark -1.07% 1.25% 6.50% 3.09% 11.09% 5.28% -0.23% -1.11% 0.36% 1.97% 1.60% 1.33% 1.81% 2.06%
Category Average -1.07% 1.10% 6.21% 2.91% 11.20% 5.33% -0.72% -1.26% 0.06% 1.43% 0.98% 0.80% 1.19% 1.26%
Category Rank 187 / 660 523 / 652 430 / 635 193 / 627 134 / 625 298 / 601 230 / 581 76 / 549 166 / 525 292 / 488 253 / 445 234 / 417 264 / 370 262 / 328
Quartile Ranking 2 4 3 2 1 2 2 1 2 3 3 3 3 4

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 4.82% 3.37% -1.02% -0.10% 0.78% -2.02% 1.90% 1.05% 2.19% 0.20% 1.66% -0.85%
Benchmark 4.21% 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07%

Best Monthly Return Since Inception

4.82% (November 2023)

Worst Monthly Return Since Inception

-5.70% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.22% 0.88% 1.67% 0.31% -0.59% 5.25% 7.68% -0.04% -12.13% 6.24%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average 7.06% 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16%
Quartile Ranking 4 4 3 4 4 4 4 1 3 3
Category Rank 314/ 315 320/ 345 210/ 379 404/ 424 413/ 450 431/ 497 436/ 527 26/ 558 366/ 587 387/ 602

Best Calendar Return (Last 10 years)

7.68% (2020)

Worst Calendar Return (Last 10 years)

-12.13% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 39.76
Canadian Government Bonds 24.67
Foreign Corporate Bonds 18.84
Cash and Equivalents 7.89
Foreign Government Bonds 5.23
Other 3.61

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.20
Cash and Cash Equivalent 7.89
Financial Services 0.06
Other -0.15

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.97
Europe 0.83
Latin America 0.10
Africa and Middle East 0.07
Other 0.03

Top Holdings

Top Holdings
Name Percent
Dynamic High Yield Bond Fund Series O 18.17
1832 AM Investment Grade Canadian Corporate Bond Pool Series I 16.14
Dynamic Short Term Credit PLUS Fund Series O 9.63
Canada Government 1.50% 01-Dec-2044 6.97
Dynamic Global Fixed Income Fund O 6.00
United States Treasury 2.75% 15-Aug-2032 5.82
Canada Government 3.00% 01-Dec-2036 5.55
Canada Housing Trust No 1 4.25% 15-Mar-2034 3.96
Ontario Province 2.65% 02-Dec-2050 3.70
Canada Government 3.00% 01-Jun-2034 2.94

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Dynamic Advantage Bond Class Series A

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.18% 6.84% 5.03%
Beta 0.96% 0.98% 0.80%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.89% 0.85% 0.73%
Sharpe -0.46% -0.18% -0.06%
Sortino -0.55% -0.39% -0.45%
Treynor -0.03% -0.01% 0.00%
Tax Efficiency - 53.38% 63.12%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 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 6.72% 7.18% 6.84% 5.03%
Beta 0.88% 0.96% 0.98% 0.80%
Alpha 0.02% 0.00% 0.00% 0.00%
Rsquared 0.82% 0.89% 0.85% 0.73%
Sharpe 1.09% -0.46% -0.18% -0.06%
Sortino 3.15% -0.55% -0.39% -0.45%
Treynor 0.08% -0.03% -0.01% 0.00%
Tax Efficiency 100.00% - 53.38% 63.12%

Fund Details

Start Date February 04, 2008
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $94

Fund Codes

FundServ Code Load Code Sales Status
DYN1800
DYN1801
DYN1802
DYN1805
DYN1806
DYN1807
DYN7020

Investment Objectives

Dynamic Advantage Bond Class seeks to provide income while preserving capital through strategic investment in a diversified portfolio of primarily Canadian fixed income securities.

Investment Strategy

The Fund invests primarily in Canadian fixed income securities within a diversified portfolio. Securities may include but are not limited to federal and provincial government bonds, investment grade corporate bonds, real return bonds, high yield bonds, floating rate notes and convertible debentures. An active asset allocation strategy will be utilized based on the portfolio advisor’s outlook for interest rates, the credit cycle and general economic conditions.

Portfolio Manager(s)

Name Start Date
Domenic Bellissimo 02-22-2013
Derek Amery 02-20-2020

Management and Organization

Fund Manager 1832 Asset Management L.P.
Advisor 1832 Asset Management L.P.
Custodian State Street Trust Company Canada
Registrar 1832 Asset Management L.P.
Distributor 1832 Asset Management L.P.
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.45%
Management Fee 1.20%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 0.60%
Trailer Fee Max (DSC) 0.25%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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