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Global Corp Fixed Income
|
NAVPS (04-30-2024) |
$8.99 |
|---|---|
| Change |
-$0.03
(-0.34%)
|
As at March 31, 2024
As at March 31, 2024
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Inception Return (September 16, 2013): 2.31%
| 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 | 1.35% | 0.21% | 8.00% | 0.21% | 5.77% | -0.57% | -1.95% | 0.83% | 1.24% | 1.50% | 1.58% | 2.05% | 1.66% | 1.91% |
| Benchmark | 1.10% | -0.72% | 7.87% | -0.72% | 5.14% | -1.05% | -2.79% | 0.66% | 0.74% | 0.84% | 1.64% | 1.59% | 1.65% | 1.40% |
| Category Average | 0.99% | 7.07% | 7.07% | 0.83% | 5.91% | 1.22% | -0.24% | 2.52% | 1.83% | 2.01% | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.70% | -1.35% | 0.70% | 0.62% | -0.26% | -2.46% | -1.83% | 5.24% | 4.32% | -0.03% | -1.09% | 1.35% |
| Benchmark | 1.24% | -1.89% | 0.77% | 0.99% | -0.99% | -2.62% | -1.24% | 5.64% | 4.14% | -0.47% | -1.34% | 1.10% |
5.24% (November 2023)
-6.86% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.35% | -3.33% | 7.77% | 5.67% | -4.15% | 12.92% | 9.41% | -0.86% | -16.11% | 8.65% |
| Benchmark | 3.15% | -3.77% | 4.27% | 9.26% | -3.48% | 11.44% | 10.33% | -2.95% | -16.69% | 9.48% |
| Category Average | - | - | - | - | - | 9.03% | 6.89% | 0.56% | -10.54% | 7.62% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
12.92% (2019)
-16.11% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 83.93 |
| Foreign Government Bonds | 8.84 |
| Cash and Equivalents | 6.21 |
| US Equity | 0.56 |
| Canadian Corporate Bonds | 0.33 |
| Other | 0.13 |
| Name | Percent |
|---|---|
| Fixed Income | 93.24 |
| Cash and Cash Equivalent | 6.21 |
| Financial Services | 0.56 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| North America | 97.98 |
| Latin America | 0.79 |
| Europe | 0.65 |
| Africa and Middle East | 0.50 |
| Other | 0.08 |
| Name | Percent |
|---|---|
| United States Treasury 4.38% 15-Aug-2043 | 2.07 |
| United States Treasury 4.25% 15-Feb-2054 | 2.05 |
| Cash and Cash Equivalents | 1.77 |
| United States Treasury 4.50% 15-Feb-2044 | 1.01 |
| Goldman Sachs Group Inc 2.38% 21-Jul-2031 | 0.87 |
| Time Warner Cable LLC 6.55% 01-May-2037 | 0.84 |
| Goldman Sachs Group Inc 3.27% 29-Sep-2024 | 0.82 |
| Oracle Corp 3.60% 01-Oct-2039 | 0.81 |
| Bank of America Corp 3.37% 23-Jan-2025 | 0.81 |
| Sprint Spectrum Co LLC 5.15% 20-Sep-2029 | 0.71 |
Renaissance U.S. Dollar Corporate Bond Fund Class A
Median
Other - Global Corp Fixed Income
| Standard Deviation | 8.60% | 8.24% | 6.41% |
|---|---|---|---|
| Beta | 0.88% | 0.86% | 0.40% |
| Alpha | -0.02% | 0.01% | 0.01% |
| Rsquared | 0.54% | 0.49% | 0.20% |
| Sharpe | -0.49% | -0.04% | 0.11% |
| Sortino | -0.69% | -0.23% | -0.19% |
| Treynor | -0.05% | 0.00% | 0.02% |
| Tax Efficiency | - | 6.23% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.02% | 8.60% | 8.24% | 6.41% |
| Beta | 0.82% | 0.88% | 0.86% | 0.40% |
| Alpha | 0.02% | -0.02% | 0.01% | 0.01% |
| Rsquared | 0.37% | 0.54% | 0.49% | 0.20% |
| Sharpe | 0.15% | -0.49% | -0.04% | 0.11% |
| Sortino | 0.72% | -0.69% | -0.23% | -0.19% |
| Treynor | 0.01% | -0.05% | 0.00% | 0.02% |
| Tax Efficiency | 79.01% | - | 6.23% | - |
| Start Date | September 16, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | USD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $271 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| ATL2472 | ||
| ATL2473 | ||
| ATL2474 |
To obtain a high level of current income by investing primarily in bonds, debentures, notes, and other debt instruments of issuers located in the United States. We will not change the Fund’s fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders.
To achieve its investment objectives, the Fund: intends to position the portfolio based primarily on security selection, sector allocation, and average term-to-maturity. Assets are allocated to those instruments and sectors of the corporate bond market that are expected to outperform; undertakes a bottom-up analysis of corporate bond issuers combined with top-down analysis of an industry’s potential in a given economic environment.
| Name | Start Date |
|---|---|
| Andrew Kronschnabel | 09-16-2013 |
| Timothy Rabe | 09-16-2013 |
| CIBC Asset Management Inc. | 09-16-2013 |
| Fund Manager | CIBC Asset Management Inc. |
|---|---|
| Advisor | CIBC Asset Management Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Asset Management Inc. |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.29% |
|---|---|
| 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) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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