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Global Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (05-08-2024) |
$4.21 |
---|---|
Change |
-$0.01
(-0.31%)
|
As at April 30, 2024
As at April 30, 2024
Inception Return (October 21, 1992): 2.96%
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 | -2.85% | -4.08% | 3.71% | -5.68% | -5.19% | -2.04% | -4.51% | -2.77% | -2.25% | -2.06% | -1.79% | -0.69% | -0.06% | 0.71% |
Benchmark | -1.24% | -0.84% | 3.25% | -0.82% | -1.71% | 0.82% | -2.84% | -4.40% | -1.60% | -0.34% | -0.68% | 0.25% | 1.14% | 1.72% |
Category Average | -1.81% | 4.66% | 4.66% | -1.96% | 0.22% | -0.11% | -2.45% | -1.17% | -0.25% | 0.21% | 0.13% | 0.58% | 0.74% | 1.00% |
Category Rank | 517 / 543 | 524 / 538 | 444 / 535 | 520 / 536 | 479 / 487 | 379 / 419 | 329 / 348 | 192 / 280 | 222 / 245 | 190 / 202 | 146 / 169 | 106 / 135 | 94 / 123 | 64 / 103 |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 3 |
Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -1.49% | -1.59% | 1.27% | -1.68% | -4.74% | -0.58% | 5.31% | 4.41% | -1.66% | -1.10% | -0.17% | -2.85% |
Benchmark | -1.74% | -2.61% | -0.13% | 1.51% | -3.16% | 1.33% | 2.61% | 1.46% | 0.01% | 0.00% | 0.40% | -1.24% |
10.36% (January 2015)
-4.74% (September 2023)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 10.54% | 8.86% | -0.28% | 3.62% | 2.40% | 1.75% | 7.45% | -6.79% | -11.07% | 4.28% |
Benchmark | 10.42% | 16.63% | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% |
Category Average | 4.74% | 2.92% | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% |
Quartile Ranking | 1 | 2 | 3 | 1 | 2 | 3 | 2 | 4 | 3 | 4 |
Category Rank | 6/ 97 | 56/ 121 | 72/ 133 | 23/ 164 | 82/ 192 | 173/ 235 | 90/ 269 | 293/ 325 | 212/ 392 | 366/ 472 |
10.54% (2014)
-11.07% (2022)
Name | Percent |
---|---|
Foreign Government Bonds | 73.37 |
Mortgages | 24.58 |
Cash and Equivalents | 2.05 |
Name | Percent |
---|---|
Fixed Income | 97.96 |
Cash and Cash Equivalent | 2.04 |
Name | Percent |
---|---|
North America | 65.44 |
Latin America | 22.51 |
Europe | 8.41 |
Africa and Middle East | 4.58 |
Asia | -0.93 |
Other | -0.01 |
Name | Percent |
---|---|
United States Treasury 3.50% 15-Feb-2033 | 17.43 |
United States Treasury 4.00% 15-Feb-2034 | 6.17 |
United Kingdom Government 1.25% 31-Jul-2051 | 5.30 |
Mexico Government 8.00% 07-Nov-2047 | 4.91 |
Colombia Government 9.25% 28-May-2042 | 4.44 |
United States Treasury 4.13% 15-Aug-2053 | 4.39 |
United States Treasury 3.00% 15-Aug-2052 | 4.24 |
United Kingdom Government 3.25% 31-Jan-2033 | 3.80 |
BROKER OWNED CASH COLLATERAL FROM HSBC | 3.19 |
Federal Home Loan Mrtgage Corp 5.50% 01-Dec-2052 | 3.03 |
Renaissance Global Bond Fund Class A
Median
Other - Global Fixed Income
Standard Deviation | 9.27% | 8.46% | 8.10% |
---|---|---|---|
Beta | 1.08% | 0.73% | 0.75% |
Alpha | -0.01% | -0.01% | 0.00% |
Rsquared | 0.66% | 0.35% | 0.50% |
Sharpe | -0.75% | -0.46% | -0.05% |
Sortino | -1.02% | -0.77% | -0.35% |
Treynor | -0.06% | -0.05% | -0.01% |
Tax Efficiency | - | - | 0.58% |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 9.90% | 9.27% | 8.46% | 8.10% |
Beta | 1.20% | 1.08% | 0.73% | 0.75% |
Alpha | -0.03% | -0.01% | -0.01% | 0.00% |
Rsquared | 0.56% | 0.66% | 0.35% | 0.50% |
Sharpe | -0.98% | -0.75% | -0.46% | -0.05% |
Sortino | -1.10% | -1.02% | -0.77% | -0.35% |
Treynor | -0.08% | -0.06% | -0.05% | -0.01% |
Tax Efficiency | - | - | - | 0.58% |
Start Date | October 21, 1992 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Quarterly |
Assets ($mil) | $57 |
FundServ Code | Load Code | Sales Status |
---|---|---|
ATL1028 | ||
ATL1872 | ||
ATL2872 |
The Fund's objective is to preserve capital and to provide income and long-term growth primarily through investment in debt securities denominated in foreign currencies issued by Canadian or non-Canadian governments, corporations, and financial institutions. 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: employs a strategy that consists of undertaking a value approach based on high real yields and positioning the Fund with respect to country, currency, and sector allocations, average term-tomaturity, and term structure. The basis on which these decisions are made comes from a review of global macroeconomic and capital market conditions
Name | Start Date |
---|---|
Stephen Smith | 11-01-2006 |
David F. Hoffman | 11-01-2006 |
CIBC Asset Management Inc. | 09-17-2008 |
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, Chartered Accountants |
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 | 1.47% |
---|---|
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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