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Multi-Sector Fixed Income
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NAVPS (05-08-2024) |
$9.13 |
---|---|
Change |
-$0.01
(-0.07%)
|
As at April 30, 2024
As at April 30, 2024
Inception Return (May 12, 2014): 2.55%
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 | 0.63% | 3.34% | 9.42% | 4.34% | 12.15% | 7.49% | 3.75% | 6.80% | 3.05% | 2.92% | 3.03% | 3.86% | 3.02% | - |
Benchmark | -0.78% | 0.31% | 5.01% | 0.77% | 1.87% | 3.38% | -1.05% | -1.94% | -0.11% | 1.10% | 0.58% | 1.78% | 2.36% | 2.93% |
Category Average | -1.55% | 5.93% | 5.93% | -0.99% | 2.58% | - | - | - | - | - | - | - | - | - |
Category Rank | 8 / 268 | 8 / 267 | 18 / 267 | 9 / 267 | 5 / 258 | 5 / 252 | 8 / 244 | 5 / 231 | 9 / 219 | 15 / 190 | 8 / 157 | 8 / 133 | 9 / 102 | - |
Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - |
Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.09% | 1.11% | 1.27% | 0.04% | 0.12% | -0.16% | 2.76% | 2.05% | 0.97% | 1.50% | 1.17% | 0.63% |
Benchmark | -1.59% | -2.01% | 0.30% | 1.72% | -2.75% | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% |
3.32% (November 2020)
-14.99% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | -3.32% | 8.24% | 6.50% | -1.85% | 8.98% | -1.72% | 3.40% | -4.03% | 9.76% |
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 | 1 | 1 | 3 | 2 | 4 | 1 | 1 | 1 |
Category Rank | - | 86/ 93 | 28/ 117 | 16/ 154 | 133/ 188 | 58/ 216 | 230/ 230 | 18/ 241 | 17/ 251 | 20/ 258 |
9.76% (2023)
-4.03% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 50.74 |
Cash and Equivalents | 14.83 |
Foreign Government Bonds | 12.08 |
Mortgages | 11.49 |
Derivatives | 8.66 |
Other | 2.20 |
Name | Percent |
---|---|
Fixed Income | 76.44 |
Cash and Cash Equivalent | 14.83 |
Real Estate | 0.06 |
Consumer Services | 0.01 |
Telecommunications | 0.00 |
Other | 8.66 |
Name | Percent |
---|---|
North America | 70.26 |
Europe | 19.08 |
Latin America | 5.32 |
Africa and Middle East | 4.00 |
Other | 1.34 |
Name | Percent |
---|---|
Canada Government 0.00% 20-Jun-2024 | 4.41 |
United States Treasury 0.13% 15-Jul-2024 | 3.73 |
Canada Government 0.00% 18-Jul-2024 | 3.61 |
AmSurg | 3.07 |
Eurosail, Series 2007-1X, Class C1A, Mezzanine 4.37% 13-Dec-2041 | 2.61 |
Canada Government 0.00% 01-Aug-2024 | 2.34 |
Wesco Aircraft Holdings, P.P. 10.50% 15-Nov-2026 | 1.81 |
Syniverse Holdings, BL 8.40% 13-May-2027 | 1.69 |
Stratton Hawksmoor PLC 6.95% 25-Feb-2053 | 1.69 |
Egypt Government 4.75% 16-Apr-2026 | 1.60 |
Desjardins Floating Rate Income Fund A Class
Median
Other - Multi-Sector Fixed Income
Standard Deviation | 4.86% | 8.58% | - |
---|---|---|---|
Beta | 0.31% | 0.13% | - |
Alpha | 0.04% | 0.03% | - |
Rsquared | 0.19% | 0.01% | - |
Sharpe | 0.22% | 0.16% | - |
Sortino | 0.22% | 0.05% | - |
Treynor | 0.03% | 0.11% | - |
Tax Efficiency | 29.36% | 22.67% | - |
Volatility | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 3.05% | 4.86% | 8.58% | - |
Beta | 0.25% | 0.31% | 0.13% | - |
Alpha | 0.11% | 0.04% | 0.03% | - |
Rsquared | 0.22% | 0.19% | 0.01% | - |
Sharpe | 2.22% | 0.22% | 0.16% | - |
Sortino | 17.07% | 0.22% | 0.05% | - |
Treynor | 0.27% | 0.03% | 0.11% | - |
Tax Efficiency | 77.21% | 29.36% | 22.67% | - |
Start Date | May 12, 2014 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $101 |
FundServ Code | Load Code | Sales Status |
---|---|---|
DJT00024 |
The objective of the Fund is to provide a high income while minimizing the effects of interest rate fluctuations. The Fund invests primarily in floating-rate and fixed-rate debt securities of issuers throughout the world and enters into derivative instrument transactions to generate a floating rate income.
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, which provide higher income than government bonds from developed markets, like Government of Canada and US Treasury bonds.
Name | Start Date |
---|---|
Desjardins Global Asset Management Inc. | 07-24-2019 |
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 | 1,000 |
PAC Subsequent | 25 |
SWP Allowed | Yes |
SWP Min Balance | 1,000 |
SWP Min Withdrawal | 100 |
MER | 1.66% |
---|---|
Management Fee | 1.25% |
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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