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Cdn Short Term Fixed Inc
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|
NAVPS (07-26-2024) |
$8.90 |
|---|---|
| Change |
$0.01
(0.14%)
|
As at June 30, 2024
As at April 30, 2024
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Inception Return (January 08, 2010): 1.34%
| 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 | 0.57% | 1.14% | 2.22% | 2.22% | 6.58% | 4.19% | 0.95% | 0.93% | 1.28% | 1.61% | 1.39% | 1.19% | 1.04% | 1.02% |
| Benchmark | 0.79% | 1.25% | 1.70% | 1.70% | 5.74% | 3.40% | 0.69% | 0.68% | 1.40% | 1.82% | 1.62% | 1.45% | 1.45% | 1.64% |
| Category Average | 0.67% | 1.62% | 1.62% | 1.62% | 5.28% | 3.29% | 0.46% | 0.72% | 1.13% | 1.45% | 1.24% | 1.12% | 1.05% | 1.09% |
| Category Rank | 222 / 320 | 200 / 316 | 90 / 287 | 90 / 287 | 61 / 281 | 87 / 265 | 109 / 249 | 119 / 234 | 130 / 227 | 126 / 215 | 119 / 202 | 119 / 185 | 119 / 171 | 116 / 160 |
| Quartile Ranking | 3 | 3 | 2 | 2 | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.25% | 0.24% | -0.43% | 0.32% | 1.95% | 1.89% | 0.29% | 0.26% | 0.52% | -0.30% | 0.86% | 0.57% |
| Benchmark | -0.08% | 0.39% | -0.32% | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% |
1.95% (November 2023)
-1.49% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.28% | 0.28% | 0.05% | -0.27% | 0.75% | 3.16% | 3.69% | -1.17% | -4.10% | 5.72% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 2 | 4 | 3 | 2 | 2 |
| Category Rank | 126/ 145 | 146/ 166 | 157/ 179 | 142/ 187 | 139/ 207 | 109/ 223 | 181/ 233 | 162/ 239 | 96/ 253 | 78/ 267 |
5.72% (2023)
-4.10% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 50.73 |
| Cash and Equivalents | 19.03 |
| Foreign Corporate Bonds | 18.48 |
| Foreign Government Bonds | 6.16 |
| Canadian Government Bonds | 5.36 |
| Other | 0.24 |
| Name | Percent |
|---|---|
| Fixed Income | 80.98 |
| Cash and Cash Equivalent | 19.02 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 1.50% 01-Sep-2024 | 6.41 |
| Canada Government 4.00% 01-Mar-2029 | 3.93 |
| United States Treasury 4.50% 15-Apr-2027 | 3.79 |
| H&R REIT 2.91% 02-Jun-2026 | 3.55 |
| Toronto-Dominion Bank 5.49% 08-Sep-2028 | 3.28 |
| Morgan Stanley 1.59% 04-May-2026 | 2.44 |
| Canadian Imperial Bank Commrce 5.50% 14-Dec-2027 | 2.24 |
| AbbVie Inc 4.80% 15-Feb-2029 | 2.20 |
| Blue Owl Capital Corp 3.40% 15-Jun-2026 | 2.15 |
| United States Treasury 4.63% 30-Apr-2029 | 2.13 |
Dynamic Short Term Bond Fund Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 2.91% | 2.56% | 1.92% |
|---|---|---|---|
| Beta | 1.00% | 1.00% | 0.89% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.88% | 0.83% | 0.78% |
| Sharpe | -0.69% | -0.31% | -0.23% |
| Sortino | -0.89% | -0.84% | -1.22% |
| Treynor | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | - | 11.59% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.54% | 2.91% | 2.56% | 1.92% |
| Beta | 1.00% | 1.00% | 1.00% | 0.89% |
| Alpha | 0.01% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.86% | 0.88% | 0.83% | 0.78% |
| Sharpe | 0.62% | -0.69% | -0.31% | -0.23% |
| Sortino | 3.93% | -0.89% | -0.84% | -1.22% |
| Treynor | 0.02% | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | 75.23% | - | 11.59% | - |
| Start Date | January 08, 2010 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $63 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DYN2130 | ||
| DYN2131 | ||
| DYN2132 | ||
| DYN2133 | ||
| DYN2134 | ||
| DYN2135 | ||
| DYN7032 |
Dynamic Short Term Bond Fund seeks to provide a high level of interest income while preserving capital and maintaining liquidity. Before a fundamental change is made to the investment objective of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders
The Fund invests in Canadian and global fixed income securities of government and corporate issuers. The Fund may invest in fixed income securities of any sector, quality or term, but will focus on government and high quality corporate securities with a term to maturity of five years or less. The portfolio advisor will actively manage duration and sector weightings, as well as foreign currency exposure and interest rate risk.
| Name | Start Date |
|---|---|
| Domenic Bellissimo | 01-11-2010 |
| Derek Amery | 02-20-2020 |
| William (Bill) Lytwynchuk | 02-01-2022 |
| Fund Manager | 1832 Asset Management L.P. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | State Street Trust Company Canada |
| Registrar | 1832 Asset Management L.P. |
| Distributor | 1832 Asset Management L.P. |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 100 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.43% |
|---|---|
| Management Fee | 1.15% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 2.00% |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.25% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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