Join Fund Library now and get free access to personalized features to help you manage your investments.

Sionna Strategic Income Fund Series A

Canadian Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(11-11-2024)
$16.49
Change
$0.04 (0.24%)

As at October 31, 2024

As at July 31, 2024

As at July 31, 2024

Period
Loading...

Legend

Sionna Strategic Income Fund Series A

Compare Options


Fund Returns

Inception Return (May 02, 2019): 5.65%

Fund Returns
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% 3.18% 9.80% 9.81% 20.35% 10.88% 6.00% 9.60% 6.03% - - - - -
Benchmark 0.37% 4.28% 11.35% 14.32% 26.56% 12.70% 6.03% 10.90% 8.68% 9.34% 7.54% 7.65% 8.02% 6.93%
Category Average -0.24% 2.17% 8.69% 10.87% 21.29% 10.88% 4.67% 9.03% 6.81% 7.08% 5.54% 5.82% 5.91% 5.33%
Category Rank 296 / 373 85 / 373 117 / 372 302 / 369 292 / 369 216 / 367 103 / 359 181 / 355 279 / 329 - - - - -
Quartile Ranking 4 1 2 4 4 3 2 3 4 - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 6.03% 3.36% 0.70% -0.05% 1.62% -2.21% 1.99% -0.16% 4.50% 1.10% 2.64% -0.57%
Benchmark 6.66% 3.79% 0.07% 1.27% 3.22% -1.85% 2.08% -0.32% 4.94% 1.05% 2.82% 0.37%

Best Monthly Return Since Inception

9.62% (November 2020)

Worst Monthly Return Since Inception

-12.17% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - -0.35% 11.36% -2.36% 9.00%
Benchmark 10.25% -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48%
Category Average 8.24% -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70%
Quartile Ranking - - - - - - 4 4 1 3
Category Rank - - - - - - 281/ 329 322/ 355 28/ 363 221/ 367

Best Calendar Return (Last 10 years)

11.36% (2021)

Worst Calendar Return (Last 10 years)

-2.36% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 39.47
International Equity 16.37
Canadian Government Bonds 13.66
US Equity 8.77
Canadian Corporate Bonds 5.23
Other 16.50

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 27.37
Financial Services 25.05
Energy 9.44
Consumer Services 9.25
Telecommunications 5.48
Other 23.41

Geographic Allocation

Geographic Allocation
Name Percent
North America 81.45
Europe 11.99
Latin America 3.47
Asia 3.10
Other -0.01

Top Holdings

Top Holdings
Name Percent
Bridgehouse Canadian Bond Fund A 19.39
Brandes Corporate Focus Bond Fund Series A 10.00
Royal Bank of Canada 3.83
CASH 3.60
Toronto-Dominion Bank 2.93
TC Energy Corp 2.75
Suncor Energy Inc 2.27
Bank of Nova Scotia 2.15
Pembina Pipeline Corp 2.06
Manulife Financial Corp 1.98

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Sionna Strategic Income Fund Series A

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 9.79% 11.04% -
Beta 0.83% 0.83% -
Alpha 0.01% -0.01% -
Rsquared 0.90% 0.91% -
Sharpe 0.29% 0.38% -
Sortino 0.53% 0.45% -
Treynor 0.03% 0.05% -
Tax Efficiency 56.14% - -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.99% 9.79% 11.04% -
Beta 0.92% 0.83% 0.83% -
Alpha -0.03% 0.01% -0.01% -
Rsquared 0.93% 0.90% 0.91% -
Sharpe 1.79% 0.29% 0.38% -
Sortino 6.03% 0.53% 0.45% -
Treynor 0.15% 0.03% 0.05% -
Tax Efficiency 86.06% 56.14% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date May 02, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $97

Fund Codes

FundServ Code Load Code Sales Status
BIP131
BIP220
BIP231

Investment Objectives

The fundamental investment objective of Sionna Strategic Income Fund is to achieve long-term capital appreciation and income by investing primarily in the equity securities of both Canadian companies and high-quality Canadian government and corporate fixed-income securities. The Fund may also invest in foreign companies and high-quality U.S. government and corporate fixed-income securities.

Investment Strategy

To achieve the Fund’s investment objective, Bridgehouse has selected two portfolio sub-advisors and allocates a portion of the Fund’s assets to each portfolio sub-advisor. Bridgehouse also allocates a portion of the Fund’s assets, typically 30-35%, to fixed income investments.

Portfolio Manager(s)

Name Start Date
Brandes Investment Partners L.P. 12-28-2006
Teresa Lee 03-13-2020
Marian Hoffmann 03-13-2020
Kim Shannon 03-13-2020
Marlene Zabielska 03-13-2020
Bridgehouse Asset Managers 12-06-2020

Management and Organization

Fund Manager Bridgehouse Asset Managers
Advisor Bridgehouse Asset Managers
Custodian State Street Trust Company Canada
Registrar International Financial Data Services (Canada) Ltd
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.27%
Management Fee 1.80%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.