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Global Corp Fixed Income
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NAVPS (05-03-2024) |
$7.97 |
---|---|
Change |
$0.03
(0.37%)
|
As at March 31, 2024
As at March 31, 2024
Inception Return (October 18, 2013): 0.81%
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 | 1.16% | 0.35% | 7.82% | 0.35% | 5.52% | -1.84% | -2.96% | -0.07% | 0.01% | 0.44% | 0.33% | 0.46% | 0.31% | 0.68% |
Benchmark | 0.87% | 1.89% | 7.97% | 1.89% | 5.13% | 2.99% | -0.37% | -0.61% | 1.00% | 1.65% | 1.85% | 2.17% | 2.40% | 3.49% |
Category Average | 0.99% | 7.07% | 7.07% | 0.83% | 5.91% | 1.22% | -0.24% | 2.52% | 1.83% | 2.01% | - | - | - | - |
Category Rank | 42 / 114 | 78 / 113 | 42 / 112 | 78 / 113 | 68 / 112 | 95 / 101 | 91 / 96 | 77 / 90 | 80 / 87 | 72 / 79 | 67 / 71 | 61 / 62 | 50 / 50 | 39 / 39 |
Quartile Ranking | 2 | 3 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.72% | -0.99% | 0.19% | 0.76% | -0.65% | -2.14% | -1.14% | 4.78% | 3.72% | 0.21% | -1.01% | 1.16% |
Benchmark | 1.46% | -1.67% | -1.90% | 0.45% | 1.77% | -2.69% | 1.41% | 3.17% | 1.28% | 0.85% | 0.16% | 0.87% |
5.15% (November 2022)
-8.79% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 4.51% | -0.75% | 2.14% | 2.46% | -3.91% | 11.87% | 5.89% | -1.67% | -16.74% | 7.56% |
Benchmark | 12.44% | 15.41% | 0.66% | 2.08% | 5.22% | 5.81% | 8.39% | -3.78% | -10.63% | 6.54% |
Category Average | - | - | - | - | - | 9.03% | 6.89% | 0.56% | -10.54% | 7.62% |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 1 | 3 | 4 | 4 | 3 |
Category Rank | 37/ 38 | 46/ 49 | 60/ 62 | 58/ 71 | 73/ 78 | 13/ 84 | 60/ 89 | 81/ 93 | 95/ 101 | 72/ 111 |
11.87% (2019)
-16.74% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 83.46 |
Foreign Government Bonds | 8.04 |
Cash and Equivalents | 5.48 |
US Equity | 2.98 |
Canadian Government Bonds | 0.04 |
Name | Percent |
---|---|
Fixed Income | 91.54 |
Cash and Cash Equivalent | 5.48 |
Financial Services | 2.97 |
Other | 0.01 |
Name | Percent |
---|---|
North America | 54.14 |
Europe | 44.75 |
Latin America | 1.09 |
Asia | 0.02 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 4.12 |
United States Treasury 3.88% 15-Aug-2033 | 1.60 |
United States Treasury 3.00% 15-Aug-2052 | 1.30 |
JPMorgan Chase & Co 2.58% 22-Apr-2031 | 1.22 |
CVS Health Corp 5.05% 25-Sep-2047 | 0.95 |
Goldman Sachs Group Inc 5.15% 22-May-2045 | 0.93 |
Mexico Government 3.50% 12-Nov-2033 | 0.83 |
Allianz 3.20% 31-Dec-2049 | 0.81 |
Wells Fargo & Co - Pfd | 0.80 |
BNP Paribas SA 5.18% 09-Jan-2029 | 0.78 |
Desjardins Global Corporate Bond Fund A Class
Median
Other - Global Corp Fixed Income
Standard Deviation | 8.60% | 8.47% | 6.21% |
---|---|---|---|
Beta | 0.88% | 0.85% | 0.40% |
Alpha | -0.03% | -0.01% | -0.01% |
Rsquared | 0.53% | 0.46% | 0.22% |
Sharpe | -0.61% | -0.18% | -0.08% |
Sortino | -0.84% | -0.39% | -0.43% |
Treynor | -0.06% | -0.02% | -0.01% |
Tax Efficiency | - | - | - |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 7.00% | 8.60% | 8.47% | 6.21% |
Beta | 0.76% | 0.88% | 0.85% | 0.40% |
Alpha | 0.02% | -0.03% | -0.01% | -0.01% |
Rsquared | 0.41% | 0.53% | 0.46% | 0.22% |
Sharpe | 0.12% | -0.61% | -0.18% | -0.08% |
Sortino | 0.77% | -0.84% | -0.39% | -0.43% |
Treynor | 0.01% | -0.06% | -0.02% | -0.01% |
Tax Efficiency | 72.26% | - | - | - |
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) | - |
FundServ Code | Load Code | Sales Status |
---|---|---|
DJT00145 |
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 corporations throughout the world.
The management of the Fund is entrusted to a sub-manager who combines macroeconomic top-down analysis with bottom-up fundamental credit research. The Fund will be investing primarily in investment-grade corporate bonds that have a credit rating of BBB or better, or any superior credit rating set by Standard & Poor (“S&P”) or any equivalent credit rating set by another designated rating agency.
Name | Start Date |
---|---|
Desjardins Global Asset Management Inc. | 07-23-2019 |
Western Asset Management Company | 08-03-2021 |
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 | 1.55% |
---|---|
Management Fee | 1.20% |
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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