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MD Fossil Fuel Free Bond Fund Series A
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-03-2026) |
$9.10 |
|---|---|
| Change |
$0.01
(0.11%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (June 01, 2016): 0.94%
| 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 | 1.29% | -0.26% | 0.90% | 1.90% | 3.99% | 4.30% | 3.07% | 2.79% | 0.31% | -0.22% | 0.70% | 1.37% | 0.97% | - |
| Benchmark | 1.41% | -0.55% | 0.39% | 1.78% | 2.90% | 5.87% | 4.11% | 3.23% | 0.83% | 0.37% | 1.26% | 1.96% | 1.65% | 1.78% |
| Category Average | 1.24% | -0.66% | 0.15% | 1.39% | 2.55% | 4.42% | 3.76% | 2.80% | 0.25% | 0.19% | 0.90% | 1.44% | 1.11% | 1.25% |
| Category Rank | 364 / 494 | 78 / 493 | 43 / 488 | 88 / 489 | 70 / 473 | 372 / 439 | 391 / 415 | 297 / 403 | 264 / 390 | 314 / 368 | 283 / 354 | 252 / 334 | 235 / 308 | - |
| Quartile Ranking | 3 | 1 | 1 | 1 | 1 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.39% | -0.26% | 0.35% | 1.83% | 0.55% | 0.16% | -0.97% | 0.32% | 1.83% | -1.53% | 0.00% | 1.29% |
| Benchmark | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% |
Best Monthly Return Since Inception
4.52% (July 2022)
Worst Monthly Return Since Inception
-3.32% (April 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 1.35% | 0.42% | 5.59% | 7.48% | -3.52% | -11.04% | 6.24% | 1.71% | 3.08% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | - | 4 | 3 | 4 | 4 | 4 | 1 | 3 | 4 | 2 |
| Category Rank | - | 226/ 298 | 204/ 319 | 274/ 348 | 319/ 360 | 329/ 382 | 74/ 399 | 243/ 407 | 424/ 431 | 141/ 469 |
Best Calendar Return (Last 10 years)
7.48% (2020)
Worst Calendar Return (Last 10 years)
-11.04% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 63.39 |
| Canadian Corporate Bonds | 23.68 |
| Cash and Equivalents | 12.49 |
| Mortgages | 0.43 |
| Other | 0.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 87.51 |
| Cash and Cash Equivalent | 12.49 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Housing Trust No 1 3.50% 15-Dec-2034 | 14.04 |
| CANADIAN DOLLAR | 11.53 |
| B32708586 CDS USD R V 03MEVENT 1.00% 20-Jun-2031 | 9.85 |
| Ontario Province 3.65% 02-Jun-2033 | 8.76 |
| Quebec Province 3.60% 01-Sep-2033 | 6.85 |
| Canada Government 1.25% 01-Jun-2030 | 6.76 |
| Canada Government 1.75% 01-Dec-2053 | 5.39 |
| Ontario Province 2.05% 02-Jun-2030 | 3.06 |
| Canada Government 3.25% 01-Dec-2035 | 2.54 |
| Canada Government 2.00% 01-Dec-2051 | 1.73 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
MD Fossil Fuel Free Bond Fund Series A
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 4.91% | 6.13% | - |
|---|---|---|---|
| Beta | 0.88 | 1.00 | - |
| Alpha | -0.01 | 0.00 | - |
| Rsquared | 0.87% | 0.92% | - |
| Sharpe | -0.09 | -0.39 | - |
| Sortino | 0.04 | -0.55 | - |
| Treynor | 0.00 | -0.02 | - |
| Tax Efficiency | 67.93% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.49% | 4.91% | 6.13% | - |
| Beta | 0.85 | 0.88 | 1.00 | - |
| Alpha | 0.01 | -0.01 | 0.00 | - |
| Rsquared | 0.96% | 0.87% | 0.92% | - |
| Sharpe | 0.46 | -0.09 | -0.39 | - |
| Sortino | 0.43 | 0.04 | -0.55 | - |
| Treynor | 0.02 | 0.00 | -0.02 | - |
| Tax Efficiency | 79.62% | 67.93% | - | - |
Fund Details
| Start Date | June 01, 2016 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Restricted |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MDM440 |
Investment Objectives
The Fund’s objectives are to conserve principal and produce income with capital appreciation as a secondary consideration. The Fund will follow a fossil fuel free investment strategy. The Fund invests in a variety of Government of Canada, provincial, municipal, corporate and asset-backed bonds with mid to long terms of maturity. The Fund may also invest in foreign securities.
Investment Strategy
The Fund seeks to earn an elevated income commensurate with capital preservation. The Fund seeks to deliver excess return (compared to the benchmark) via a combination of income and capital gain, as well as, diversified risk exposures.
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P. |
|---|---|
| Sub-Advisor |
1832 Asset Management L.P. |
Management and Organization
| Fund Manager |
MD Financial Management Inc. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
MD Financial Management |
| Distributor |
MD Management Limited |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 3,000 |
| PAC Subsequent | 1,000 |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 0 |
Fees
| MER | 0.99% |
|---|---|
| Management Fee | 0.84% |
| 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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