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Global Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (02-11-2025) |
$4.33 |
---|---|
Change |
-$0.01
(-0.22%)
|
As at January 31, 2025
As at January 31, 2025
Inception Return (October 21, 1992): 3.07%
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 | 2.24% | 0.63% | 0.84% | 2.24% | 1.59% | 0.67% | -2.28% | -3.19% | -1.68% | -0.85% | -0.75% | 0.12% | -0.17% | -0.15% |
Benchmark | 1.24% | 2.41% | 3.74% | 1.24% | 8.11% | 4.59% | 0.21% | -1.60% | -0.76% | 0.59% | 1.39% | 1.30% | 0.54% | 1.36% |
Category Average | 0.71% | 0.51% | 1.16% | 0.71% | 3.43% | 2.89% | -0.49% | -1.08% | -0.14% | 0.93% | 0.91% | 1.13% | 1.18% | 1.03% |
Category Rank | 14 / 557 | 288 / 555 | 381 / 543 | 14 / 557 | 459 / 524 | 432 / 460 | 358 / 399 | 302 / 323 | 240 / 270 | 219 / 242 | 191 / 206 | 129 / 169 | 101 / 139 | 105 / 127 |
Quartile Ranking | 1 | 3 | 3 | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 |
Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -1.10% | -0.17% | -2.85% | 1.27% | 0.03% | 3.69% | 0.48% | 2.18% | -2.39% | 0.46% | -2.03% | 2.24% |
Benchmark | 0.00% | 0.40% | -1.24% | 0.00% | 1.16% | 3.88% | -0.22% | 1.89% | -0.37% | 0.95% | 0.21% | 1.24% |
10.36% (January 2015)
-4.74% (September 2023)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 8.86% | -0.28% | 3.62% | 2.40% | 1.75% | 7.45% | -6.79% | -11.07% | 4.28% | -2.29% |
Benchmark | 16.63% | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% | 6.80% |
Category Average | 2.92% | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% | 2.37% |
Quartile Ranking | 2 | 3 | 1 | 2 | 3 | 2 | 4 | 3 | 4 | 4 |
Category Rank | 57/ 126 | 76/ 139 | 25/ 169 | 85/ 197 | 178/ 241 | 90/ 267 | 287/ 320 | 214/ 381 | 351/ 456 | 496/ 518 |
8.86% (2015)
-11.07% (2022)
Name | Percent |
---|---|
Foreign Government Bonds | 52.92 |
Mortgages | 28.90 |
Cash and Equivalents | 16.02 |
Foreign Corporate Bonds | 2.15 |
Other | 0.01 |
Name | Percent |
---|---|
Fixed Income | 83.98 |
Cash and Cash Equivalent | 16.02 |
Name | Percent |
---|---|
North America | 68.21 |
Europe | 16.13 |
Latin America | 14.92 |
Africa and Middle East | 2.33 |
Asia | -1.58 |
Other | -0.01 |
Name | Percent |
---|---|
United Kingdom Government 1.25% 31-Jul-2051 | 9.30 |
United States Treasury 4.45% 31-Oct-2025 | 8.53 |
United States Treasury 4.43% 30-Apr-2026 | 8.15 |
United Kingdom Government 4.38% 31-Jul-2054 | 8.15 |
Federal Home Loan Mrtgage Corp 6.00% 01-Oct-2054 | 7.36 |
United States Treasury 4.48% 31-Oct-2026 | 7.07 |
Mexico Government 8.00% 31-Jul-2053 | 5.27 |
Federal National Mrtgage Assoc 6.00% 01-Jun-2054 | 4.71 |
United States Treasury 4.40% 31-Jul-2025 | 3.70 |
Cash and Cash Equivalents | 3.63 |
Renaissance Global Bond Fund Class A
Median
Other - Global Fixed Income
Standard Deviation | 9.59% | 8.75% | 7.60% |
---|---|---|---|
Beta | 1.18% | 0.83% | 0.70% |
Alpha | -0.02% | -0.01% | -0.01% |
Rsquared | 0.68% | 0.41% | 0.44% |
Sharpe | -0.58% | -0.42% | -0.20% |
Sortino | -0.70% | -0.67% | -0.51% |
Treynor | -0.05% | -0.04% | -0.02% |
Tax Efficiency | - | - | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.96% | 9.59% | 8.75% | 7.60% |
Beta | 1.27% | 1.18% | 0.83% | 0.70% |
Alpha | -0.08% | -0.02% | -0.01% | -0.01% |
Rsquared | 0.70% | 0.68% | 0.41% | 0.44% |
Sharpe | -0.35% | -0.58% | -0.42% | -0.20% |
Sortino | -0.25% | -0.70% | -0.67% | -0.51% |
Treynor | -0.02% | -0.05% | -0.04% | -0.02% |
Tax Efficiency | 100.00% | - | - | - |
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) | $46 |
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 | 1.46% |
---|---|
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) | 0.75% |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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