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High Yield Fixed Income
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2022
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|
Close (04-17-2024) |
$16.37 |
|---|---|
| Change |
$0.05
(0.31%)
|
| Open | $16.34 |
|---|---|
| Day Range | $16.34 - $16.38 |
| Volume | 5,735 |
As at March 31, 2024
As at March 31, 2024
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Inception Return (June 14, 2011): 3.47%
| 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 | 1.04% | 3.24% | 5.78% | 3.24% | 2.78% | 1.50% | 1.48% | 6.84% | 3.13% | 3.06% | 2.92% | 3.62% | 3.62% | 3.28% |
| Benchmark | 0.83% | 4.14% | 9.32% | 4.14% | 11.08% | 7.29% | 2.94% | 4.89% | 3.41% | 3.99% | 3.87% | 5.46% | 5.00% | 5.66% |
| Category Average | 1.04% | 7.26% | 7.26% | 1.57% | 7.54% | 1.83% | 0.64% | 4.84% | 2.38% | 2.44% | 2.46% | 3.43% | 2.65% | 2.59% |
| Category Rank | 145 / 300 | 52 / 300 | 271 / 298 | 52 / 300 | 290 / 294 | 218 / 288 | 118 / 281 | 75 / 274 | 100 / 266 | 103 / 242 | 97 / 229 | 137 / 201 | 65 / 190 | 81 / 173 |
| Quartile Ranking | 2 | 1 | 4 | 1 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.14% | -0.02% | 1.23% | 0.39% | -2.05% | -1.24% | 0.03% | 0.14% | 2.29% | 1.29% | 0.87% | 1.04% |
| Benchmark | 1.23% | -1.13% | -0.73% | 1.08% | 2.51% | -1.32% | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% |
7.20% (April 2020)
-13.41% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.44% | 0.15% | 10.96% | 3.50% | -1.03% | 9.22% | 2.98% | 5.97% | -3.72% | 2.41% |
| Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
| Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
| Quartile Ranking | 3 | 1 | 3 | 4 | 2 | 3 | 3 | 1 | 1 | 4 |
| Category Rank | 121/ 172 | 42/ 183 | 134/ 200 | 179/ 228 | 69/ 240 | 162/ 265 | 198/ 273 | 58/ 275 | 12/ 285 | 284/ 294 |
10.96% (2016)
-3.72% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 53.88 |
| Canadian Equity | 46.12 |
| Name | Percent |
|---|---|
| Real Estate | 24.38 |
| Consumer Goods | 19.77 |
| Consumer Services | 13.90 |
| Utilities | 11.38 |
| Industrial Services | 6.38 |
| Other | 24.19 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Morguard REIT - Pfd | 8.23 |
| WildBrain Ltd - Debenture | 7.25 |
| Alaris Equity Partners Income Trust - Debenture | 5.47 |
| NFI Group Inc - Pfd | 5.37 |
| Innergex Renewable Energy Inc - Debenture Cl B | 5.27 |
| Innergex Renewable Energy Inc - Debenture Cl C | 4.79 |
| Cineplex Inc - Debenture | 4.13 |
| NorthWest Healthcare Properties REIT - Pfd | 4.06 |
| NorthWest Healthcare Proprts REIT - Debenture Cl G | 3.91 |
| WELL Health Technologies Corp - Pfd | 3.63 |
iShares Convertible Bond Index ETF
Median
Other - High Yield Fixed Income
| Standard Deviation | 4.10% | 8.22% | 6.30% |
|---|---|---|---|
| Beta | 0.06% | 0.53% | 0.28% |
| Alpha | 0.01% | 0.02% | 0.02% |
| Rsquared | 0.01% | 0.21% | 0.09% |
| Sharpe | -0.26% | 0.18% | 0.33% |
| Sortino | -0.45% | 0.06% | 0.09% |
| Treynor | -0.19% | 0.03% | 0.07% |
| Tax Efficiency | - | 37.81% | 41.58% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.28% | 4.10% | 8.22% | 6.30% |
| Beta | -0.06% | 0.06% | 0.53% | 0.28% |
| Alpha | 0.04% | 0.01% | 0.02% | 0.02% |
| Rsquared | 0.00% | 0.01% | 0.21% | 0.09% |
| Sharpe | -0.45% | -0.26% | 0.18% | 0.33% |
| Sortino | -0.05% | -0.45% | 0.06% | 0.09% |
| Treynor | 0.30% | -0.19% | 0.03% | 0.07% |
| Tax Efficiency | 18.37% | - | 37.81% | 41.58% |
| Start Date | June 14, 2011 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $92 |
| 52 Week High | $17.10 |
| 52 Week Low | $14.52 |
| Annual Dividend | $0.88 |
| Annual Yield | - |
| Index | FTSE TMX Canada Convertible Bond Index |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
iShares Advantaged Convertible Bond Index Fund seeks to track, less fees and expenses, the DEX Convertible Bond Index -an equally weighted index, rebalanced monthly, of convertible bonds from Canadian issuers. They must be a) on a Canadian exchange b) in CAD$; c) not currently in default of payment of either interest or principal; d) with a minimum monthly volume of $500,000, e) a minimum outstanding amount of $50 million.
-
| Name | Start Date |
|---|---|
| BlackRock Institutional Trust Company, N.A. | 05-18-2012 |
| BlackRock Asset Management Canada Limited | 06-17-2020 |
| Fund Manager | BlackRock Asset Management Canada Limited |
|---|---|
| Advisor | BlackRock Asset Management Canada Limited |
| Custodian | State Street Trust Company Canada |
| Registrar | State Street Trust Company Canada |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| MER | 0.49% |
|---|---|
| Management Fee | 0.45% |
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