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High Yield Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (07-25-2024) |
$7.79 |
---|---|
Change |
$0.00
(0.03%)
|
As at June 30, 2024
As at April 30, 2024
Inception Return (December 31, 2012): 2.47%
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 | 0.92% | 1.00% | 1.85% | 1.85% | 8.57% | 7.48% | 0.11% | 3.27% | 2.06% | 2.41% | 2.07% | 2.70% | 1.97% | 1.76% |
Benchmark | 1.79% | 2.35% | 6.59% | 6.59% | 14.42% | 13.47% | 3.38% | 3.80% | 3.77% | 4.27% | 4.15% | 5.14% | 5.27% | 5.98% |
Category Average | 0.68% | 2.56% | 2.56% | 2.56% | 7.97% | 6.42% | 0.23% | 2.95% | 2.20% | 2.59% | 2.42% | 3.11% | 2.73% | 2.49% |
Category Rank | 59 / 301 | 193 / 301 | 251 / 301 | 251 / 301 | 160 / 295 | 137 / 292 | 202 / 286 | 163 / 276 | 193 / 270 | 171 / 250 | 176 / 238 | 169 / 221 | 168 / 193 | 162 / 181 |
Quartile Ranking | 1 | 3 | 4 | 4 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.63% | 0.21% | -1.64% | -0.66% | 4.74% | 3.29% | -0.16% | 0.02% | 0.98% | -1.09% | 1.18% | 0.92% |
Benchmark | 1.08% | 2.51% | -1.32% | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% |
5.48% (July 2022)
-11.00% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 4.06% | -4.97% | 7.01% | 3.67% | -2.78% | 7.81% | 5.14% | 4.95% | -11.72% | 10.37% |
Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
Quartile Ranking | 2 | 4 | 4 | 4 | 3 | 4 | 3 | 2 | 4 | 2 |
Category Rank | 58/ 173 | 142/ 185 | 183/ 201 | 178/ 229 | 141/ 240 | 199/ 265 | 140/ 275 | 97/ 277 | 243/ 286 | 88/ 295 |
10.37% (2023)
-11.72% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 56.90 |
Canadian Corporate Bonds | 19.03 |
Canadian Government Bonds | 11.29 |
Cash and Equivalents | 7.38 |
Foreign Bonds - Other | 5.41 |
Other | -0.01 |
Name | Percent |
---|---|
Fixed Income | 92.64 |
Cash and Cash Equivalent | 7.38 |
Other | -0.02 |
Name | Percent |
---|---|
North America | 94.61 |
Multi-National | 5.41 |
Other | -0.02 |
Name | Percent |
---|---|
Dynamic Active Discount Bond ETF | 5.41 |
Canada Government 1.75% 01-Dec-2053 | 4.68 |
USD OVERNIGHT DEPOSIT 0.00% 01-May-2024 | 3.68 |
Parkland Corp 4.50% 01-Oct-2029 | 2.79 |
Canada Government 2.00% 01-Jun-2032 | 2.55 |
Cash and Cash Equivalents | 2.29 |
Northland Power Inc 9.25% 30-Jun-2083 | 2.21 |
Precision Drilling Corp 6.88% 15-Jan-2029 | 1.98 |
Canada Government 1.50% 01-Dec-2031 | 1.73 |
Parkland Corporation 3.87% 16-Jun-2026 | 1.50 |
Dynamic Credit Spectrum Fund Series A
Median
Other - High Yield Fixed Income
Standard Deviation | 7.79% | 8.47% | 6.62% |
---|---|---|---|
Beta | 0.82% | 0.95% | 0.56% |
Alpha | -0.03% | -0.01% | -0.01% |
Rsquared | 0.52% | 0.62% | 0.34% |
Sharpe | -0.33% | 0.04% | 0.08% |
Sortino | -0.45% | -0.09% | -0.19% |
Treynor | -0.03% | 0.00% | 0.01% |
Tax Efficiency | - | - | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.21% | 7.79% | 8.47% | 6.62% |
Beta | 0.70% | 0.82% | 0.95% | 0.56% |
Alpha | -0.01% | -0.03% | -0.01% | -0.01% |
Rsquared | 0.18% | 0.52% | 0.62% | 0.34% |
Sharpe | 0.58% | -0.33% | 0.04% | 0.08% |
Sortino | 2.15% | -0.45% | -0.09% | -0.19% |
Treynor | 0.05% | -0.03% | 0.00% | 0.01% |
Tax Efficiency | 70.27% | - | - | - |
Start Date | December 31, 2012 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $197 |
FundServ Code | Load Code | Sales Status |
---|---|---|
DYN2790 | ||
DYN2791 | ||
DYN2792 | ||
DYN7027 |
Dynamic Credit Spectrum Fund seeks to achieve a high level of interest income and the potential for some long-term capital growth by investing primarily in an actively managed and diversified portfolio of corporate credit securities. 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
In order to achieve its objectives, the Fund may invest in the following types of investments including but not limited to: North American bonds typically rated BB high, Ba1 or BB+ or lower by a nationally recognized credit rating agency, unrated securities, investment grade corporate bonds, asset backed securities, including mortgage backed securities, convertible securities, preferred shares, ETFs and closed-end funds, government bonds, leveraged loans, and cash equivalents.
Name | Start Date |
---|---|
Marc-André Gaudreau | 01-23-2013 |
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 | 1.95% |
---|---|
Management Fee | 1.60% |
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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