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Global Corp Fixed Income
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NAVPS (05-08-2024) |
$8.01 |
---|---|
Change |
-$0.02
(-0.19%)
|
As at April 30, 2024
As at April 30, 2024
Inception Return (October 18, 2013): 0.64%
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 | -1.71% | -1.57% | 7.20% | -1.36% | 2.98% | -0.35% | -3.72% | -1.65% | -0.46% | 0.25% | 0.00% | 0.18% | 0.13% | 0.43% |
Benchmark | -0.72% | 0.31% | 5.71% | 1.16% | 2.88% | 4.47% | -0.39% | -1.34% | 0.63% | 1.82% | 1.19% | 2.30% | 2.74% | 3.34% |
Category Average | -1.33% | 6.50% | 6.50% | -0.51% | 3.68% | 2.06% | -0.89% | 1.10% | 1.45% | 1.83% | - | - | - | - |
Category Rank | 86 / 114 | 95 / 114 | 48 / 113 | 86 / 113 | 75 / 112 | 95 / 101 | 89 / 96 | 78 / 90 | 81 / 88 | 71 / 79 | 67 / 71 | 63 / 65 | 50 / 50 | 39 / 39 |
Quartile Ranking | 4 | 4 | 2 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.99% | 0.19% | 0.76% | -0.65% | -2.14% | -1.14% | 4.78% | 3.72% | 0.21% | -1.01% | 1.16% | -1.71% |
Benchmark | -1.67% | -1.90% | 0.45% | 1.77% | -2.69% | 1.41% | 3.17% | 1.28% | 0.85% | 0.16% | 0.87% | -0.72% |
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 | 85.49 |
Foreign Government Bonds | 8.16 |
Cash and Equivalents | 3.27 |
US Equity | 3.04 |
Canadian Government Bonds | 0.04 |
Name | Percent |
---|---|
Fixed Income | 93.68 |
Cash and Cash Equivalent | 3.28 |
Financial Services | 3.04 |
Name | Percent |
---|---|
North America | 52.01 |
Europe | 46.48 |
Latin America | 1.09 |
Africa and Middle East | 0.40 |
Asia | 0.02 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 2.15 |
United States Treasury 3.88% 15-Aug-2033 | 1.38 |
JPMorgan Chase & Co 2.58% 22-Apr-2031 | 1.24 |
United States Treasury 3.00% 15-Aug-2052 | 1.06 |
CVS Health Corp 5.05% 25-Sep-2047 | 0.93 |
Goldman Sachs Group Inc 5.15% 22-May-2045 | 0.92 |
Mexico Government 3.50% 12-Nov-2033 | 0.84 |
Allianz 3.20% 31-Dec-2049 | 0.83 |
Wells Fargo & Co - Pfd | 0.82 |
BNP Paribas SA 5.18% 09-Jan-2029 | 0.79 |
Desjardins Global Corporate Bond Fund A Class
Median
Other - Global Corp Fixed Income
Standard Deviation | 8.63% | 8.50% | 6.24% |
---|---|---|---|
Beta | 0.89% | 0.85% | 0.40% |
Alpha | -0.03% | -0.01% | -0.01% |
Rsquared | 0.54% | 0.46% | 0.22% |
Sharpe | -0.71% | -0.25% | -0.13% |
Sortino | -0.95% | -0.46% | -0.48% |
Treynor | -0.07% | -0.02% | -0.02% |
Tax Efficiency | - | - | - |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 7.32% | 8.63% | 8.50% | 6.24% |
Beta | 0.81% | 0.89% | 0.85% | 0.40% |
Alpha | 0.01% | -0.03% | -0.01% | -0.01% |
Rsquared | 0.43% | 0.54% | 0.46% | 0.22% |
Sharpe | -0.22% | -0.71% | -0.25% | -0.13% |
Sortino | 0.05% | -0.95% | -0.46% | -0.48% |
Treynor | -0.02% | -0.07% | -0.02% | -0.02% |
Tax Efficiency | 49.02% | - | - | - |
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) | $1,308 |
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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