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Canadian Fixed Income
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2018
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|
NAVPS (07-25-2024) |
$8.92 |
|---|---|
| Change |
$0.02
(0.19%)
|
As at June 30, 2024
As at June 30, 2024
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Inception Return (January 10, 2012): 1.55%
| 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 | 1.14% | 0.15% | -0.54% | -0.54% | 3.47% | 3.92% | -1.95% | -2.64% | -0.77% | 0.28% | 0.19% | 0.41% | 0.75% | 1.13% |
| Benchmark | 2.98% | 0.97% | -0.32% | -0.32% | 3.73% | 3.25% | -1.77% | -1.98% | -0.10% | 1.11% | 1.07% | 0.93% | 1.40% | 1.89% |
| Category Average | 1.04% | -0.41% | -0.41% | -0.41% | 3.35% | 2.96% | -2.31% | -2.05% | -0.46% | 0.58% | 0.48% | 0.42% | 0.73% | 1.08% |
| Category Rank | 182 / 643 | 626 / 635 | 527 / 631 | 527 / 631 | 417 / 620 | 184 / 596 | 309 / 577 | 489 / 539 | 443 / 510 | 418 / 476 | 384 / 443 | 285 / 408 | 258 / 362 | 225 / 331 |
| Quartile Ranking | 2 | 4 | 4 | 4 | 3 | 2 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.54% | -0.54% | -2.62% | -0.72% | 4.55% | 4.04% | -0.88% | -0.33% | 0.53% | -2.30% | 1.34% | 1.14% |
| Benchmark | -1.08% | -0.19% | -2.62% | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% |
4.74% (July 2022)
-4.11% (April 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.82% | 2.04% | 1.56% | 3.35% | 0.97% | 4.13% | 7.34% | -3.98% | -11.33% | 6.44% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 2 | 3 | 3 | 1 | 2 | 4 | 4 | 4 | 2 | 3 |
| Category Rank | 121/ 319 | 217/ 349 | 223/ 383 | 26/ 428 | 158/ 454 | 485/ 500 | 476/ 530 | 545/ 561 | 164/ 590 | 331/ 606 |
7.82% (2014)
-11.33% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 61.94 |
| Foreign Government Bonds | 24.05 |
| Cash and Equivalents | 8.13 |
| Mortgages | 4.13 |
| Canadian Government Bonds | 1.16 |
| Other | 0.59 |
| Name | Percent |
|---|---|
| Fixed Income | 91.88 |
| Cash and Cash Equivalent | 8.12 |
| Name | Percent |
|---|---|
| North America | 99.41 |
| Multi-National | 0.59 |
| Name | Percent |
|---|---|
| Canoe Bond Advantage Fund Series I | 99.51 |
| Cash and Cash Equivalents | 0.49 |
Canoe Bond Advantage Portfolio Class Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.58% | 6.65% | 5.43% |
|---|---|---|---|
| Beta | 1.05% | 1.01% | 0.99% |
| Alpha | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.92% | 0.92% | 0.93% |
| Sharpe | -0.62% | -0.40% | -0.04% |
| Sortino | -0.84% | -0.73% | -0.44% |
| Treynor | -0.04% | -0.03% | 0.00% |
| Tax Efficiency | - | - | 16.16% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.64% | 7.58% | 6.65% | 5.43% |
| Beta | 0.95% | 1.05% | 1.01% | 0.99% |
| Alpha | 0.00% | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.86% | 0.92% | 0.92% | 0.93% |
| Sharpe | -0.15% | -0.62% | -0.40% | -0.04% |
| Sortino | 0.16% | -0.84% | -0.73% | -0.44% |
| Treynor | -0.01% | -0.04% | -0.03% | 0.00% |
| Tax Efficiency | 56.77% | - | - | 16.16% |
| Start Date | January 10, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GOC701 | ||
| GOC702 |
The Fund aims to provide a return that is similar to the return of Canoe Bond Advantage Fund (the Underlying Fund), a Canadian bond mutual fund managed by the Manager, or by an affiliate or associate of the Manager. The Fund invests indirectly through the Partnership primarily in securities of the Underlying Fund and/or it may invest some or all of its net assets indirectly through the Partnership in securities similar to those held by the Underlying Fund.
Currently, the Fund seeks to achieve its investment objectives by investing substantially all of its net assets indirectly through the Partnership in units of the Underlying Fund. The Fund may also invest indirectly through the Partnership in securities similar to those held by the Underlying Fund.
| Name | Start Date |
|---|---|
| Marc Goldfried | 12-14-2011 |
| Roshan Thiru | 07-18-2017 |
| Fund Manager | Canoe Financial LP |
|---|---|
| Advisor | Canoe Financial LP |
| Custodian | CIBC Mellon Trust Company |
| Registrar | International Financial Data Services (Canada) Ltd |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.60% |
|---|---|
| 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) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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