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Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
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|
NAVPS (06-14-2024) |
$8.89 |
|---|---|
| Change |
-$0.01
(-0.11%)
|
As at May 31, 2024
As at May 31, 2024
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Inception Return (June 20, 2014): 1.80%
| 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 | 1.03% | 0.92% | 3.33% | 1.15% | 4.40% | 1.98% | -1.89% | -1.28% | -0.40% | 0.10% | -0.40% | 0.52% | 0.74% | - |
| Benchmark | 0.36% | 0.25% | 2.51% | 1.14% | 3.90% | 3.99% | -0.62% | -2.14% | -0.29% | 1.11% | 0.59% | 1.38% | 2.20% | 2.99% |
| Category Average | 1.21% | 3.30% | 3.30% | 0.21% | 4.74% | - | - | - | - | - | - | - | - | - |
| Category Rank | 186 / 277 | 102 / 276 | 140 / 275 | 85 / 275 | 151 / 266 | 143 / 260 | 199 / 257 | 205 / 231 | 192 / 220 | 177 / 198 | 155 / 166 | 118 / 140 | 87 / 107 | - |
| Quartile Ranking | 3 | 2 | 3 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.00% | 0.23% | 0.11% | -2.29% | -0.47% | 3.53% | 2.16% | 0.57% | -0.34% | 0.80% | -0.91% | 1.03% |
| Benchmark | -2.01% | 0.30% | 1.72% | -2.75% | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% | 0.36% |
9.49% (January 2015)
-4.11% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 12.34% | 1.38% | -2.00% | 0.28% | 6.87% | 5.46% | -1.75% | -13.28% | 5.89% |
| 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 | - | 1 | 4 | 4 | 1 | 3 | 2 | 4 | 4 | 3 |
| Category Rank | - | 2/ 94 | 112/ 118 | 154/ 155 | 45/ 188 | 111/ 216 | 111/ 230 | 215/ 248 | 236/ 258 | 174/ 266 |
12.34% (2015)
-13.28% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 54.65 |
| Foreign Government Bonds | 18.29 |
| Mortgages | 6.23 |
| Cash and Equivalents | 3.17 |
| US Equity | 0.41 |
| Other | 17.25 |
| Name | Percent |
|---|---|
| Fixed Income | 79.35 |
| Exchange Traded Fund | 17.00 |
| Cash and Cash Equivalent | 3.17 |
| Financial Services | 0.42 |
| Utilities | 0.04 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| North America | 86.58 |
| Latin America | 3.20 |
| Europe | 3.09 |
| Asia | 2.85 |
| Africa and Middle East | 2.09 |
| Other | 2.19 |
| Name | Percent |
|---|---|
| iShares Brd USD Invest Grade Corp Bnd ETF (CRED) | 15.08 |
| iShares Broad USD High Yield Corp Bond ETF (USHY) | 15.04 |
| iShares Core US Aggregate Bond ETF (AGG) | 10.03 |
| SPDR BofA Merrill Lynch Crossover Corp Bd ETF | 8.92 |
| Vanguard Intermediate-Term Corp Bnd Idx ETF (VCIT) | 7.03 |
| iShares JPMorgan USD EM Bond ETF (EMB) | 6.03 |
| iShares Convertible Bond ETF | 5.05 |
| SPDR Bloomberg Short Term High Yield Bd ETF (SJNK) | 5.00 |
| Vanguard Mortgage-Backed Secs Idx ETF (VMBS) | 4.02 |
| iShares Floating Rate Note ETF | 4.02 |
MD Strategic Yield Fund Series A
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 6.37% | 5.76% | - |
|---|---|---|---|
| Beta | 0.79% | 0.69% | - |
| Alpha | -0.01% | 0.00% | - |
| Rsquared | 0.73% | 0.57% | - |
| Sharpe | -0.72% | -0.39% | - |
| Sortino | -0.93% | -0.71% | - |
| Treynor | -0.06% | -0.03% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.11% | 6.37% | 5.76% | - |
| Beta | 0.72% | 0.79% | 0.69% | - |
| Alpha | 0.02% | -0.01% | 0.00% | - |
| Rsquared | 0.57% | 0.73% | 0.57% | - |
| Sharpe | -0.08% | -0.72% | -0.39% | - |
| Sortino | 0.48% | -0.93% | -0.71% | - |
| Treynor | -0.01% | -0.06% | -0.03% | - |
| Tax Efficiency | 69.98% | - | - | - |
| Start Date | June 20, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Restricted |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $3 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MDM410 |
The Fund’s objective is to provide income and long-term capital appreciation. The Fund invests primarily to obtain exposure to alternative or non-traditional asset classes or strategies that have a low correlation to traditional asset classes. The Fund invests primarily in equity securities, exchange-traded funds (“ETFs”) listed on a Canadian or U.S. stock exchange and fixed-income securities that emphasize alternative or non-traditional asset classes or strategies.
The Fund may invest in any one alternative or non-traditional asset category which is expected to complement or have a low correlation to traditional asset categories within the following ranges: 0% to 50% equities, 0% to 100% ETFs, 0% to 100% fixed-income securities, 0% to 10% Commodity and U.S. ETFs (defined below), and 0% to 25% cash equivalents or debt instruments with a remaining term to maturity of 365 days or less.
| Name | Start Date |
|---|---|
| 1832 Asset Management L.P. | 05-27-2022 |
| Fund Manager | MD Financial Management Inc. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | State Street Trust Company Canada |
| Registrar | MD Financial Management Inc. |
| Distributor | MD Financial Management Inc. |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 3,000 |
| PAC Subsequent | 1,000 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.47% |
|---|---|
| Management Fee | 1.39% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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