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Canadian Fixed Income
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NAVPS (12-13-2024) |
$8.62 |
---|---|
Change |
-$0.03
(-0.30%)
|
As at November 30, 2024
As at November 30, 2024
Inception Return (January 18, 2012): 1.85%
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 | 1.26% | 1.69% | 5.53% | 3.77% | 7.99% | 4.67% | -0.15% | -1.53% | -0.09% | 1.14% | 0.78% | 1.13% | 1.30% | 1.33% |
Benchmark | 1.51% | 2.25% | 8.10% | 4.64% | 8.22% | 4.86% | 0.01% | -0.96% | 0.66% | 2.03% | 1.69% | 1.78% | 1.96% | 2.06% |
Category Average | 1.56% | 2.28% | 6.04% | 4.52% | 8.27% | 4.63% | -0.37% | -1.20% | 0.30% | 1.59% | 1.12% | 1.23% | 1.37% | 1.30% |
Category Rank | 574 / 661 | 583 / 654 | 544 / 634 | 591 / 626 | 485 / 624 | 419 / 601 | 362 / 585 | 473 / 556 | 465 / 524 | 438 / 486 | 393 / 445 | 323 / 421 | 287 / 372 | 248 / 343 |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 4.06% | -0.89% | -0.33% | 0.53% | -2.30% | 1.35% | 1.15% | 1.80% | 0.79% | 1.67% | -1.23% | 1.26% |
Benchmark | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% | 1.82% | -1.07% | 1.51% |
4.75% (July 2022)
-4.12% (April 2022)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 7.91% | 2.03% | 1.51% | 3.36% | 0.98% | 4.17% | 7.38% | -3.99% | -11.35% | 6.48% |
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 | 110/ 315 | 215/ 345 | 236/ 379 | 25/ 424 | 151/ 450 | 478/ 495 | 466/ 525 | 542/ 556 | 168/ 586 | 316/ 601 |
7.91% (2014)
-11.35% (2022)
Name | Percent |
---|---|
Canadian Corporate Bonds | 60.56 |
Foreign Government Bonds | 28.87 |
Cash and Equivalents | 7.79 |
Mortgages | 2.77 |
Other | 0.01 |
Name | Percent |
---|---|
Fixed Income | 92.21 |
Cash and Cash Equivalent | 7.79 |
Name | Percent |
---|---|
North America | 100.00 |
Name | Percent |
---|---|
United States Treasury 3.88% 15-Aug-2034 | 12.31 |
United States Treasury 3.63% 15-May-2053 | 9.10 |
United States Treasury 3.00% 15-Aug-2052 | 7.47 |
BANK OF MONTREAL TD 3.60% 02-Dec-2024 | 5.19 |
Bell Canada 3.50% 30-Mar-2050 | 3.59 |
Telus Corp 3.95% 16-Aug-2049 | 2.54 |
Choice Properties REIT 3.53% 11-Jun-2029 | 2.50 |
Bank of Nova Scotia 3.93% 03-May-2027 | 2.39 |
Royal Bank of Canada 2.94% 03-May-2027 | 1.99 |
Toronto-Dominion Bank 4.68% 08-Jan-2029 | 1.88 |
Canoe Bond Advantage Fund Series A
Median
Other - Canadian Fixed Income
Standard Deviation | 7.73% | 6.73% | 5.50% |
---|---|---|---|
Beta | 1.05% | 1.01% | 0.99% |
Alpha | 0.00% | -0.01% | -0.01% |
Rsquared | 0.92% | 0.92% | 0.93% |
Sharpe | -0.44% | -0.32% | -0.03% |
Sortino | -0.52% | -0.59% | -0.39% |
Treynor | -0.03% | -0.02% | 0.00% |
Tax Efficiency | - | - | 16.76% |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 5.79% | 7.73% | 6.73% | 5.50% |
Beta | 0.87% | 1.05% | 1.01% | 0.99% |
Alpha | 0.01% | 0.00% | -0.01% | -0.01% |
Rsquared | 0.81% | 0.92% | 0.92% | 0.93% |
Sharpe | 0.58% | -0.44% | -0.32% | -0.03% |
Sortino | 1.51% | -0.52% | -0.59% | -0.39% |
Treynor | 0.04% | -0.03% | -0.02% | 0.00% |
Tax Efficiency | 78.80% | - | - | 16.76% |
Start Date | January 18, 2012 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | - |
FundServ Code | Load Code | Sales Status |
---|---|---|
GOC601 | ||
GOC602 |
? Long term stable growth and income The Fund aims to provide long term stable growth and income by investing primarily in Canadian fixed income securities. The fundamental investment objectives cannot be changed without approval of a majority of the securityholders of the Fund.
The Fund invests primarily in fixed income securities of Canadian issuers but may also invest in debt securities of U.S. issuers or supranationals. Up to 30% of the Fund’s assets may be invested in foreign securities. To achieve the Fund’s investment objective, the portfolio manager will: follow a fundamental, bottom up approach to investing; maintain a value bias towards the purchase of fixed income securities; and focus on credit quality, duration (term to maturity) and liquidity.
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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