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Axiom Balanced Income Portfolio Class A

Canadian Fix Inc Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2018

Click for more information on Fundata’s FundGrade

NAVPS
(07-12-2024)
$13.95
Change
$0.05 (0.35%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

Axiom Balanced Income Portfolio Class A

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Fund Returns

Inception Return (March 15, 2005): 3.63%

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 0.72% 0.74% 2.82% 2.82% 6.63% 6.07% -0.19% 2.15% 2.40% 2.71% 2.82% 3.11% 2.97% 3.11%
Benchmark 1.88% 0.62% 1.28% 1.28% 5.85% 5.31% 0.23% 1.56% 2.35% 3.07% 3.09% 3.03% 3.13% 3.27%
Category Average 0.65% 2.45% 2.45% 2.45% 6.52% 5.78% 0.37% 2.04% 2.18% 2.55% 2.48% 2.62% 2.53% 2.64%
Category Rank 212 / 420 255 / 420 181 / 419 181 / 419 226 / 417 202 / 414 286 / 389 192 / 355 163 / 344 161 / 309 131 / 290 115 / 277 113 / 256 112 / 246
Quartile Ranking 3 3 2 2 3 2 3 3 2 3 2 2 2 2

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.24% -0.83% -3.03% -0.70% 5.09% 3.09% -0.40% 1.09% 1.37% -2.10% 2.16% 0.72%
Benchmark -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91% 0.69% 1.88%

Best Monthly Return Since Inception

6.60% (April 2020)

Worst Monthly Return Since Inception

-8.54% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.71% 2.10% 4.38% 5.79% -3.23% 10.99% 8.34% 4.72% -11.93% 7.28%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking 2 3 3 1 4 1 1 2 4 3
Category Rank 102/ 238 162/ 254 139/ 264 50/ 287 254/ 300 64/ 324 76/ 353 149/ 376 342/ 392 234/ 415

Best Calendar Return (Last 10 years)

10.99% (2019)

Worst Calendar Return (Last 10 years)

-11.93% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 33.52
Canadian Equity 18.32
Canadian Corporate Bonds 16.05
US Equity 9.69
International Equity 9.04
Other 13.38

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 54.70
Financial Services 9.45
Cash and Cash Equivalent 7.26
Technology 6.54
Energy 4.27
Other 17.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 89.65
Europe 5.21
Asia 3.98
Latin America 0.84
Africa and Middle East 0.29
Other 0.03

Top Holdings

Top Holdings
Name Percent
CIBC Canadian Fixed Income Prvt Pl O 59.21
CIBC Equity Income Private Pool O 12.28
CIBC U.S. Equity Private Pool O 10.09
CIBC Canadian Equity Private Pool O 8.83
CIBC International Equity Prv Pl O 6.01
CIBC Emerging Markets Equity Private Pool O 3.08
Cash and Cash Equivalents 0.50

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Axiom Balanced Income Portfolio Class A

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 8.31% 8.70% 6.91%
Beta 1.07% 1.13% 1.12%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.96% 0.95% 0.92%
Sharpe -0.34% 0.08% 0.26%
Sortino -0.47% -0.04% 0.06%
Treynor -0.03% 0.01% 0.02%
Tax Efficiency - 76.95% 79.85%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.74% 8.31% 8.70% 6.91%
Beta 0.96% 1.07% 1.13% 1.12%
Alpha 0.01% 0.00% 0.00% 0.00%
Rsquared 0.91% 0.96% 0.95% 0.92%
Sharpe 0.24% -0.34% 0.08% 0.26%
Sortino 0.86% -0.47% -0.04% 0.06%
Treynor 0.02% -0.03% 0.01% 0.02%
Tax Efficiency 88.72% - 76.95% 79.85%

Fund Details

Start Date March 15, 2005
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $74

Fund Codes

FundServ Code Load Code Sales Status
ATL975
ATL976
ATL977

Investment Objectives

The Portfolio seeks to: create a diversified portfolio of investments across several asset classes; invest primarily in mutual funds; and achieve a balance of income and long-term capital growth with a focus on income, by investing primarily in a blend of income and bond mutual funds, along with equity mutual funds. We will not change the Portfolio’s fundamental investment objectives without the consent of unitholders by a majority of votes cast at a meeting of unitholders.

Investment Strategy

To achieve its investment objectives, the Portfolio: has, under normal market conditions, a long-term strategic asset mix of fixed income (45-75%) and equities (25-55%). The Portfolio Advisor may review and adjust the asset mix, in its sole discretion, depending on economic conditions and relative value of income and equity securities.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 07-29-2005

Management and Organization

Fund Manager CIBC Asset Management Inc.
Advisor CIBC Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar CIBC Asset Management Inc.
Distributor -
Auditor Ernst & Young LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 25,000
SWP Min Withdrawal 100

Fees

MER 2.01%
Management Fee 1.65%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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