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AGF Global Convertible Bond Fund Mutual Fund Series

High Yield Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021, 2020, 2019

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NAVPS
(02-11-2025)
$16.28
Change
-$0.12 (-0.72%)

As at January 31, 2025

As at December 31, 2024

Period
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Legend

AGF Global Convertible Bond Fund Mutual Fund Series

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Fund Returns

Inception Return (January 05, 2015): 5.68%

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 3.52% 5.26% 8.68% 3.52% 15.50% 8.60% 4.03% 1.25% 6.24% 6.70% 6.24% 7.28% 6.94% 5.44%
Benchmark 1.94% 4.92% 8.91% 1.94% 17.87% 13.35% 7.82% 5.31% 5.10% 5.92% 5.97% 5.62% 6.11% 6.06%
Category Average 1.01% 1.78% 3.78% 1.01% 7.76% 6.65% 2.51% 2.10% 2.69% 3.39% 2.90% 3.13% 4.14% 3.18%
Category Rank 5 / 282 25 / 282 25 / 281 5 / 282 29 / 280 80 / 274 80 / 268 237 / 260 18 / 251 13 / 243 14 / 220 7 / 208 17 / 198 23 / 187
Quartile Ranking 1 1 1 1 1 2 2 4 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 2.86% 2.06% -2.26% 2.41% 0.06% 1.08% 1.04% 2.40% -0.21% 6.15% -4.21% 3.52%
Benchmark 1.87% 0.83% 0.55% 0.00% 1.79% 2.95% -0.48% 2.00% 2.26% 0.82% 2.08% 1.94%

Best Monthly Return Since Inception

8.34% (November 2020)

Worst Monthly Return Since Inception

-10.31% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - -0.66% 11.85% 1.84% 11.48% 31.64% 0.32% -14.76% 6.73% 11.48%
Benchmark 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36% 17.23%
Category Average -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59% 7.12%
Quartile Ranking - 4 1 1 2 1 4 4 4 1
Category Rank - 198/ 198 6/ 207 16/ 218 97/ 243 5/ 251 233/ 256 257/ 265 246/ 274 44/ 280

Best Calendar Return (Last 10 years)

31.64% (2020)

Worst Calendar Return (Last 10 years)

-14.76% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 66.83
Cash and Equivalents 12.58
US Equity 11.45
Canadian Equity 3.22
Canadian Corporate Bonds 2.95
Other 2.97

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 69.10
Cash and Cash Equivalent 12.58
Financial Services 5.81
Healthcare 4.11
Industrial Goods 1.54
Other 6.86

Geographic Allocation

Geographic Allocation
Name Percent
North America 88.83
Europe 8.42
Asia 4.00
Latin America 0.67
Multi-National -1.91
Other -0.01

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 3.72
Bank of America Corp - Cnvt Pfd Cl L 1.98
Rocket Lab USA Inc 4.25% 01-Feb-2029 1.90
Boston Scientific Corp 1.76
Granite Construction Inc 3.75% 15-May-2028 1.75
Alibaba Group Holding Ltd 0.50% 01-Jun-2031 1.62
Tetra Tech Inc 2.25% 15-Aug-2028 1.62
Apollo Global Management Inc - Pfd 1.53
Parsons Corp (Texas) 2.63% 01-Mar-2029 1.47
Fortuna Mining Corp 3.75% 30-Jun-2029 1.43

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

AGF Global Convertible Bond Fund Mutual Fund Series

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 10.97% 12.50% 9.94%
Beta 0.81% 0.97% 0.73%
Alpha -0.02% 0.02% 0.01%
Rsquared 0.24% 0.32% 0.24%
Sharpe 0.07% 0.36% 0.42%
Sortino 0.21% 0.46% 0.41%
Treynor 0.01% 0.05% 0.06%
Tax Efficiency 99.42% 95.75% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 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 9.39% 10.97% 12.50% 9.94%
Beta -0.39% 0.81% 0.97% 0.73%
Alpha 0.21% -0.02% 0.02% 0.01%
Rsquared 0.02% 0.24% 0.32% 0.24%
Sharpe 1.14% 0.07% 0.36% 0.42%
Sortino 2.31% 0.21% 0.46% 0.41%
Treynor -0.27% 0.01% 0.05% 0.06%
Tax Efficiency 99.86% 99.42% 95.75% -

Fund Details

Start Date January 05, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $264

Fund Codes

FundServ Code Load Code Sales Status
AGF4085
AGF4185
AGF4285

Investment Objectives

The Fund’s investment objective is to seek to generate attractive long-term total returns through interest income and capital appreciation. The Fund will invest primarily in global convertible bonds issued by entities domiciled or conducting business anywhere in the world.

Investment Strategy

The portfolio manager invests primarily in convertible securities issued by companies from around the world of all market capitalizations, including, but not limited to, corporate bonds, debentures, notes or preferred stocks, which can be converted into common stock providing an opportunity for equity participation.

Portfolio Manager(s)

Name Start Date
David Stonehouse 02-28-2023

Management and Organization

Fund Manager AGF Investments Inc.
Advisor AGF Investments Inc.
Custodian CIBC Mellon Trust Company
Registrar AGF Investments Inc.
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.94%
Management Fee 1.65%
Load Choice of Front or No Load
FE Max 6.00%
DSC Max 5.50%
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) 0.75%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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