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Multi-Sector Fixed Income
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2020
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|
NAVPS (04-30-2024) |
$8.45 |
|---|---|
| Change |
-$0.01
(-0.17%)
|
As at March 31, 2024
As at March 31, 2024
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Inception Return (October 18, 2013): 2.52%
| 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 | 0.88% | 1.15% | 9.10% | 1.15% | 7.01% | 0.67% | -1.07% | 2.33% | 1.41% | 1.79% | 2.04% | 2.88% | 2.32% | 2.45% |
| Benchmark | 0.67% | 1.56% | 7.31% | 1.56% | 3.76% | 2.10% | -1.05% | -1.60% | 0.23% | 0.94% | 1.24% | 1.69% | 2.07% | 3.07% |
| Category Average | 0.93% | 6.51% | 6.51% | 0.57% | 4.70% | - | - | - | - | - | - | - | - | - |
| Category Rank | 145 / 276 | 92 / 275 | 15 / 275 | 92 / 275 | 70 / 266 | 133 / 258 | 175 / 251 | 91 / 231 | 104 / 216 | 65 / 188 | 41 / 154 | 33 / 120 | 30 / 102 | 29 / 73 |
| Quartile Ranking | 3 | 2 | 1 | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.42% | -0.63% | -0.36% | 0.90% | -0.64% | -1.61% | -1.15% | 4.90% | 4.02% | 0.54% | -0.28% | 0.88% |
| Benchmark | 1.06% | -1.59% | -2.01% | 0.30% | 1.72% | -2.75% | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% |
4.90% (November 2023)
-11.56% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.64% | -1.81% | 8.65% | 7.67% | -2.01% | 12.76% | 5.62% | -0.21% | -14.35% | 8.98% |
| Benchmark | 11.01% | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 1 | 1 | 3 | 1 | 2 | 3 | 4 | 1 |
| Category Rank | 57/ 67 | 74/ 93 | 24/ 117 | 7/ 154 | 141/ 188 | 6/ 216 | 104/ 230 | 125/ 248 | 251/ 258 | 39/ 266 |
12.76% (2019)
-14.35% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 48.97 |
| Foreign Government Bonds | 23.29 |
| Cash and Equivalents | 14.61 |
| Mortgages | 12.01 |
| Foreign Bonds - Other | 1.38 |
| Other | -0.26 |
| Name | Percent |
|---|---|
| Fixed Income | 85.65 |
| Cash and Cash Equivalent | 14.61 |
| Real Estate | 0.05 |
| Consumer Services | 0.02 |
| Telecommunications | 0.01 |
| Other | -0.34 |
| Name | Percent |
|---|---|
| North America | 67.57 |
| Europe | 19.83 |
| Latin America | 6.50 |
| Africa and Middle East | 5.00 |
| Other | 1.10 |
| Name | Percent |
|---|---|
| United States Treasury 4.00% 15-Nov-2042 | 4.25 |
| Cash and Cash Equivalents | 4.14 |
| United States Treasury 4.00% 15-Nov-2052 | 3.36 |
| Canada Government 0.00% 06-Jun-2024 | 3.35 |
| Canada Government 0.00% 20-Jun-2024 | 3.16 |
| AmSurg | 3.01 |
| Eurosail, Series 2007-1X, Class C1A, Mezzanine 4.37% 13-Dec-2041 | 1.96 |
| Wesco Aircraft Holdings, P.P. 10.50% 15-Nov-2026 | 1.73 |
| Peru LNG 5.38% 22-Mar-2030 | 1.72 |
| Egypt Government 4.75% 16-Apr-2026 | 1.59 |
Desjardins Global Tactical Bond Fund A Class
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 7.65% | 8.61% | 6.73% |
|---|---|---|---|
| Beta | 0.78% | 0.65% | 0.26% |
| Alpha | 0.00% | 0.01% | 0.02% |
| Rsquared | 0.49% | 0.23% | 0.07% |
| Sharpe | -0.44% | -0.02% | 0.19% |
| Sortino | -0.67% | -0.18% | -0.06% |
| Treynor | -0.04% | 0.00% | 0.05% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.86% | 7.65% | 8.61% | 6.73% |
| Beta | 0.74% | 0.78% | 0.65% | 0.26% |
| Alpha | 0.04% | 0.00% | 0.01% | 0.02% |
| Rsquared | 0.38% | 0.49% | 0.23% | 0.07% |
| Sharpe | 0.33% | -0.44% | -0.02% | 0.19% |
| Sortino | 1.45% | -0.67% | -0.18% | -0.06% |
| Treynor | 0.03% | -0.04% | 0.00% | 0.05% |
| Tax Efficiency | 72.88% | - | - | - |
| Start Date | October 18, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $379 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00144 |
The objective of this Fund is to provide a high income return and some long-term capital appreciation by investing primarily in fixed-income securities of issuers throughout the world.
The management of the Fund is entrusted to a sub-manager who combines a top-down analysis for asset allocation, with a bottom-up analysis for security selection. The Fund invests primarily in global credit markets including, without limitation, investment-grade corporate bonds, high-yield corporate bonds and emerging market bonds. The investment-grade corporate bonds have a DBRS credit rating of BBB or better, or any equivalent credit rating set by another designated rating organization.
| Name | Start Date |
|---|---|
| Desjardins Global Asset Management Inc. | 07-23-2019 |
| Pacific Investment Management Co LLC (PIMCO) | 03-31-2023 |
| Fund Manager | Desjardins Investments Inc. |
|---|---|
| Advisor | Desjardins Global Asset Management Inc. |
| Custodian | Desjardins Trust Inc. |
| Registrar | Desjardins Investments Inc. |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.77% |
|---|---|
| Management Fee | 1.39% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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