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Cdn Corp Fixed Income
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|
NAVPS (10-10-2024) |
$7.81 |
|---|---|
| Change |
$0.01
(0.14%)
|
As at September 30, 2024
As at July 31, 2024
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Inception Return (November 01, 2011): 2.04%
| 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 | 1.88% | 4.64% | 5.70% | 6.14% | 14.08% | 7.81% | 0.45% | 0.43% | 1.37% | 2.44% | 2.01% | 1.70% | 1.68% | 1.60% |
| Benchmark | 2.04% | 4.51% | 5.73% | 5.88% | 13.97% | 7.37% | 1.45% | 0.79% | 2.01% | 3.12% | 2.99% | 2.54% | 2.94% | 3.04% |
| Category Average | 2.00% | 5.69% | 5.69% | 5.83% | 13.66% | 7.34% | 0.81% | 0.60% | 1.56% | 2.47% | - | - | - | - |
| Category Rank | 87 / 106 | 45 / 103 | 50 / 95 | 47 / 95 | 41 / 95 | 39 / 88 | 72 / 84 | 58 / 78 | 56 / 73 | 52 / 72 | 51 / 66 | 48 / 64 | 48 / 56 | 47 / 53 |
| Quartile Ranking | 4 | 2 | 3 | 2 | 2 | 2 | 4 | 3 | 4 | 3 | 4 | 3 | 4 | 4 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.62% | 4.29% | 3.70% | -0.34% | 0.01% | 0.75% | -1.37% | 1.55% | 0.84% | 2.15% | 0.55% | 1.88% |
| Benchmark | 0.45% | 3.64% | 3.39% | -0.70% | 0.25% | 0.60% | -1.26% | 1.47% | 0.98% | 1.96% | 0.45% | 2.04% |
5.42% (April 2020)
-7.26% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.73% | 0.84% | 1.05% | 0.17% | 0.04% | 7.17% | 7.88% | -1.61% | -11.91% | 7.99% |
| Benchmark | 7.44% | 2.74% | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% |
| Category Average | - | - | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% |
| Quartile Ranking | 4 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 2 |
| Category Rank | 52/ 52 | 31/ 53 | 58/ 58 | 62/ 64 | 38/ 66 | 46/ 72 | 42/ 73 | 53/ 79 | 80/ 84 | 44/ 91 |
7.99% (2023)
-11.91% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 63.51 |
| Foreign Corporate Bonds | 28.33 |
| Cash and Equivalents | 4.35 |
| Canadian Government Bonds | 2.52 |
| Foreign Government Bonds | 1.23 |
| Other | 0.06 |
| Name | Percent |
|---|---|
| Fixed Income | 95.59 |
| Cash and Cash Equivalent | 4.34 |
| Financial Services | 0.01 |
| Other | 0.06 |
| Name | Percent |
|---|---|
| North America | 99.75 |
| Africa and Middle East | 0.18 |
| Other | 0.07 |
| Name | Percent |
|---|---|
| 1832 AM U.S. $ Investment Grade U.S. Corp Bon Pl I | 5.91 |
| Brookfield Infra Finance ULC 3.41% 09-Jul-2029 | 1.78 |
| Inter Pipeline Ltd 3.98% 25-Nov-2031 | 1.74 |
| Enbridge Inc 5.38% 27-Sep-2027 | 1.73 |
| AerCap Ireland Capital DAC 3.30% 30-Oct-2031 | 1.70 |
| Rogers Communications Inc 5.00% 17-Dec-2081 | 1.50 |
| Dynamic Active US Investment Grade Bond ETF (DXBU) | 1.36 |
| Charter Communicatns Oprtg LLC 3.90% 01-Dec-2051 | 1.35 |
| Toronto-Dominion Bank 5.18% 09-Apr-2029 | 1.35 |
| Morgan Stanley 5.32% 19-Jul-2034 | 1.30 |
Dynamic Corporate Bond Strategies Fund Series A
Median
Other - Cdn Corp Fixed Income
| Standard Deviation | 6.97% | 7.11% | 5.20% |
|---|---|---|---|
| Beta | 1.13% | 1.07% | 0.96% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.93% | 0.93% | 0.86% |
| Sharpe | -0.38% | -0.09% | 0.03% |
| Sortino | -0.47% | -0.26% | -0.33% |
| Treynor | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.88% | 6.97% | 7.11% | 5.20% |
| Beta | 1.12% | 1.13% | 1.07% | 0.96% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.95% | 0.93% | 0.93% | 0.86% |
| Sharpe | 1.48% | -0.38% | -0.09% | 0.03% |
| Sortino | 5.33% | -0.47% | -0.26% | -0.33% |
| Treynor | 0.08% | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | 84.85% | - | - | - |
| Start Date | November 01, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $478 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DYN2800 | ||
| DYN2801 | ||
| DYN2802 | ||
| DYN7026 |
Dynamic Corporate Bond Strategies Fund seeks to provide income and capital appreciation from an actively managed and diversified portfolio of primarily investment grade fixed income securities issued by corporations based in North America. Before a fundamental change is made to the investment objectives 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 aims to produce attractive risk-adjusted returns primarily through exposure to a North American portfolio of investment grade corporate bonds issued by corporations based in North America. The duration, curve positioning, industry sector weightings and individual security weightings will be adjusted in each segment of the credit cycle in order to preserve capital, optimize performance and potentially enhance returns.
| Name | Start Date |
|---|---|
| Domenic Bellissimo | 03-26-2013 |
| William (Bill) Lytwynchuk | 05-31-2019 |
| 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 | 1.70% |
|---|---|
| Management Fee | 1.40% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | 0.30% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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