Join Fund Library now and get free access to personalized features to help you manage your investments.
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (12-13-2024) |
$9.43 |
---|---|
Change |
$0.00
(-0.02%)
|
As at November 30, 2024
As at November 30, 2024
Inception Return (May 12, 2014): 2.85%
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 | 0.61% | 2.54% | 4.36% | 9.25% | 11.49% | 10.03% | 5.22% | 4.90% | 3.63% | 3.88% | 3.27% | 3.84% | 4.03% | 3.17% |
Benchmark | 0.96% | 3.30% | 7.79% | 9.02% | 10.50% | 7.28% | 0.55% | -0.44% | 0.89% | 2.29% | 1.95% | 2.15% | 2.52% | 3.45% |
Category Average | 1.02% | 1.01% | 4.55% | 4.77% | 8.00% | - | - | - | - | - | - | - | - | - |
Category Rank | 310 / 310 | 26 / 297 | 197 / 295 | 18 / 293 | 35 / 293 | 9 / 284 | 8 / 276 | 14 / 266 | 25 / 245 | 37 / 230 | 31 / 205 | 19 / 170 | 19 / 131 | 29 / 102 |
Quartile Ranking | 4 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 2.05% | 0.97% | 1.50% | 1.17% | 0.63% | 0.32% | -0.19% | 1.17% | 0.79% | 1.06% | 0.85% | 0.61% |
Benchmark | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% | 0.36% | 1.11% | 3.56% | -0.33% | 1.97% | 0.33% | 0.96% |
3.32% (November 2020)
-14.99% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | -3.32% | 8.24% | 6.50% | -1.85% | 8.98% | -1.72% | 3.40% | -4.03% | 9.76% |
Benchmark | 11.01% | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% |
Category Average | - | - | - | - | - | - | - | - | - | - |
Quartile Ranking | - | 4 | 1 | 1 | 3 | 2 | 4 | 1 | 1 | 1 |
Category Rank | - | 100/ 107 | 28/ 131 | 16/ 170 | 146/ 206 | 74/ 234 | 248/ 248 | 36/ 266 | 18/ 276 | 23/ 284 |
9.76% (2023)
-4.03% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 53.81 |
Cash and Equivalents | 16.84 |
Foreign Government Bonds | 16.09 |
Mortgages | 6.82 |
Derivatives | 4.71 |
Other | 1.73 |
Name | Percent |
---|---|
Fixed Income | 78.37 |
Cash and Cash Equivalent | 16.84 |
Real Estate | 0.07 |
Consumer Services | 0.01 |
Telecommunications | 0.00 |
Other | 4.71 |
Name | Percent |
---|---|
North America | 66.36 |
Europe | 19.56 |
Latin America | 7.44 |
Africa and Middle East | 4.84 |
Multi-National | 0.07 |
Other | 1.73 |
Name | Percent |
---|---|
Federal National Mrtgage Assoc 6.50% 13-Dec-2023 | 9.68 |
Canada Government 30-Jan-2025 | 3.93 |
Canada Government 12-Feb-2025 | 3.54 |
AmSurg | 2.91 |
Eurosail, Series 2007-1X, Class C1A, Mezzanine 3.91% 13-Dec-2041 | 2.60 |
Canada Government 18-Dec-2024 | 2.60 |
Syniverse Holdings, BL 8.40% 13-May-2027 | 1.76 |
Canada Government 15-Jan-2025 | 1.73 |
Stratton Hawksmoor PLC 6.45% 25-Feb-2053 | 1.71 |
Wesco Aircraft Holdings, P.P. 10.50% 15-Nov-2026 | 1.68 |
Desjardins Floating Rate Income Fund A Class
Median
Other - Multi-Sector Fixed Income
Standard Deviation | 4.79% | 8.46% | 6.77% |
---|---|---|---|
Beta | 0.38% | 0.20% | -0.07% |
Alpha | 0.05% | 0.04% | 0.04% |
Rsquared | 0.27% | 0.02% | 0.00% |
Sharpe | 0.35% | 0.20% | 0.26% |
Sortino | 0.64% | 0.13% | 0.06% |
Treynor | 0.04% | 0.08% | -0.26% |
Tax Efficiency | 48.88% | 33.37% | - |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 1.97% | 4.79% | 8.46% | 6.77% |
Beta | 0.13% | 0.38% | 0.20% | -0.07% |
Alpha | 0.10% | 0.05% | 0.04% | 0.04% |
Rsquared | 0.06% | 0.27% | 0.02% | 0.00% |
Sharpe | 3.27% | 0.35% | 0.20% | 0.26% |
Sortino | - | 0.64% | 0.13% | 0.06% |
Treynor | 0.52% | 0.04% | 0.08% | -0.26% |
Tax Efficiency | 76.25% | 48.88% | 33.37% | - |
Start Date | May 12, 2014 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $104 |
FundServ Code | Load Code | Sales Status |
---|---|---|
DJT00024 |
The objective of the Fund is to provide a high income while minimizing the effects of interest rate fluctuations. The Fund invests primarily in floating-rate and fixed-rate debt securities of issuers throughout the world and enters into derivative instrument transactions to generate a floating rate income.
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, which provide higher income than government bonds from developed markets, like Government of Canada and US Treasury bonds.
Name | Start Date |
---|---|
Desjardins Global Asset Management Inc. | 07-24-2019 |
Pacific Investment Management Co LLC (PIMCO) | 03-31-2023 |
Fund Manager | Desjardins Investments Inc. |
---|---|
Advisor | Desjardins Global Asset Management Inc. |
Custodian | Desjardins Trust Inc. |
Registrar | Desjardins Investments Inc. |
Distributor | - |
Auditor | PriceWaterhouseCoopers LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 1,000 |
PAC Subsequent | 25 |
SWP Allowed | Yes |
SWP Min Balance | 1,000 |
SWP Min Withdrawal | 100 |
MER | 1.61% |
---|---|
Management Fee | 1.25% |
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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.