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Desjardins Global Tactical Bond Fund A Class
Multi-Sector Fixed Income
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FundGrade B
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FundGrade A+® Rating Recipient
2020
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|
NAVPS (08-28-2026) |
$8.52 |
|---|---|
| Change |
-$0.03
(-0.31%)
|
As at July 31, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (October 18, 2013): 3.09%
| 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 | -0.82% | 0.13% | -0.78% | -0.64% | 3.43% | 4.66% | 6.64% | 5.23% | 1.15% | 1.97% | 2.31% | 2.96% | 2.66% | 3.01% |
| Benchmark | -1.95% | 2.16% | 1.94% | 1.68% | 3.75% | 4.85% | 6.76% | 5.64% | 1.63% | 0.56% | 1.88% | 2.57% | 2.72% | 2.22% |
| Category Average | -0.89% | -0.13% | -0.37% | 0.05% | 2.70% | 3.51% | 4.45% | - | - | - | - | - | - | - |
| Category Rank | 89 / 307 | 152 / 307 | 228 / 303 | 265 / 302 | 101 / 300 | 82 / 270 | 56 / 259 | 77 / 259 | 159 / 240 | 134 / 224 | 116 / 206 | 92 / 190 | 91 / 165 | 73 / 141 |
| Quartile Ranking | 2 | 2 | 4 | 4 | 2 | 2 | 1 | 2 | 3 | 3 | 3 | 2 | 3 | 3 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.31% | 0.94% | 1.08% | 0.60% | 0.11% | 0.14% | 0.65% | -2.77% | 1.25% | 0.43% | 0.53% | -0.82% |
| Benchmark | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% | 2.52% | -1.95% |
Best Monthly Return Since Inception
4.90% (November 2023)
Worst Monthly Return Since Inception
-11.56% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.65% | 7.67% | -2.01% | 12.76% | 5.62% | -0.21% | -14.35% | 8.98% | 7.36% | 7.80% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | 2 | 1 | 3 | 1 | 2 | 4 | 4 | 1 | 2 | 1 |
| Category Rank | 41/ 119 | 8/ 152 | 129/ 178 | 12/ 199 | 91/ 220 | 175/ 233 | 235/ 241 | 45/ 259 | 77/ 268 | 28/ 285 |
Best Calendar Return (Last 10 years)
12.76% (2019)
Worst Calendar Return (Last 10 years)
-14.35% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 54.71 |
| Cash and Equivalents | 17.00 |
| Foreign Government Bonds | 14.66 |
| Foreign Bonds - Other | 8.17 |
| Mortgages | 2.34 |
| Other | 3.12 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 80.26 |
| Cash and Cash Equivalent | 17.00 |
| Real Estate | 0.05 |
| Consumer Services | 0.03 |
| Telecommunications | 0.02 |
| Other | 2.64 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 59.04 |
| Europe | 25.31 |
| Latin America | 4.82 |
| Asia | 2.05 |
| Africa and Middle East | 1.24 |
| Other | 7.54 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 09-Sep-2026 | 5.15 |
| United States Treasury 4.00% 15-Nov-2052 | 2.79 |
| Eurosail, Series 2007-1X, Class C1A, Mezzanine 2.84% 13-Dec-2041 | 2.08 |
| Canada Treasury Bills | 2.03 |
| Canada Treasury Bills | 1.91 |
| RD Michigan Property Owner I, P.P 7.50% 30-Mar-2045 | 1.77 |
| Cogent Communications Grp LLC 7.00% 15-Jun-2027 | 1.55 |
| Canada Treasury Bills | 1.45 |
| Beignet Investor, P.P. 6.58% 30-May-2049 | 1.38 |
| Canada Treasury Bills | 1.27 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Desjardins Global Tactical Bond Fund A Class
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 4.93% | 6.41% | 6.53% |
|---|---|---|---|
| Beta | 0.55 | 0.71 | 0.45 |
| Alpha | 0.03 | 0.00 | 0.02 |
| Rsquared | 0.29% | 0.45% | 0.17% |
| Sharpe | 0.63 | -0.25 | 0.19 |
| Sortino | 1.35 | -0.35 | 0.04 |
| Treynor | 0.06 | -0.02 | 0.03 |
| Tax Efficiency | 58.45% | - | 19.67% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.90% | 4.93% | 6.41% | 6.53% |
| Beta | 0.32 | 0.55 | 0.71 | 0.45 |
| Alpha | 0.02 | 0.03 | 0.00 | 0.02 |
| Rsquared | 0.17% | 0.29% | 0.45% | 0.17% |
| Sharpe | 0.30 | 0.63 | -0.25 | 0.19 |
| Sortino | 0.14 | 1.35 | -0.35 | 0.04 |
| Treynor | 0.04 | 0.06 | -0.02 | 0.03 |
| Tax Efficiency | - | 58.45% | - | 19.67% |
Fund Details
| Start Date | October 18, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $407 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00144 |
Investment Objectives
The objective of this Fund is to provide a high income return and some long-term capital appreciation by investing primarily in fixed-income securities of issuers throughout the world.
Investment Strategy
The management of the Fund is entrusted to a sub-manager who combines a top-down analysis for asset allocation, with a bottom-up analysis for security selection. The Fund invests primarily in global credit markets including, without limitation, investment-grade corporate bonds, high-yield corporate bonds and emerging market bonds. The investment-grade corporate bonds have a DBRS credit rating of BBB or better, or any equivalent credit rating set by another designated rating organization.
Portfolio Management
| Portfolio Manager |
Desjardins Global Asset Management Inc. |
|---|---|
| Sub-Advisor |
Pacific Investment Management Co LLC (PIMCO)
|
Management and Organization
| Fund Manager |
Desjardins Investments Inc. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Desjardins Investments Inc. |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.54% |
|---|---|
| Management Fee | 1.19% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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