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Axiom Diversified Monthly Income Portfolio Class A units

Canadian Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(05-22-2024)
$10.50
Change
-$0.04 (-0.35%)

As at April 30, 2024

As at April 30, 2024

Period
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Legend

Axiom Diversified Monthly Income Portfolio Class A units

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Fund Returns

Inception Return (March 15, 2005): 4.19%

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 -2.36% 0.77% 9.82% 0.77% 2.71% 1.49% 1.72% 5.29% 3.52% 3.88% 3.37% 4.06% 3.36% 3.55%
Benchmark -1.88% 1.39% 11.11% 1.08% 4.37% 3.44% 3.24% 6.33% 4.97% 5.50% 4.90% 5.45% 4.60% 4.91%
Category Average -2.03% 10.42% 10.42% 1.66% 4.77% 3.36% 2.24% 5.58% 3.94% 4.18% 3.69% 4.36% 3.60% 3.95%
Category Rank 389 / 448 388 / 442 364 / 442 399 / 442 411 / 431 393 / 418 341 / 389 313 / 378 318 / 368 302 / 361 279 / 346 282 / 333 252 / 299 248 / 287
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -3.20% 1.73% 0.74% -1.26% -2.99% -1.58% 5.54% 3.27% 0.00% 1.18% 1.99% -2.36%
Benchmark -3.45% 1.83% 0.93% -0.84% -3.01% -1.57% 6.01% 3.69% -0.31% 0.82% 2.49% -1.88%

Best Monthly Return Since Inception

7.41% (April 2020)

Worst Monthly Return Since Inception

-11.85% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.63% -2.29% 9.81% 5.14% -6.02% 13.75% 5.80% 11.26% -8.54% 5.96%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 3 4 2 3 4 2 3 3 3 4
Category Rank 195/ 286 237/ 299 128/ 331 253/ 344 272/ 355 160/ 365 218/ 374 249/ 389 260/ 409 393/ 429

Best Calendar Return (Last 10 years)

13.75% (2019)

Worst Calendar Return (Last 10 years)

-8.54% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 47.30
Canadian Government Bonds 24.12
Canadian Corporate Bonds 9.61
US Equity 6.48
Cash and Equivalents 4.72
Other 7.77

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 37.01
Financial Services 18.06
Energy 10.21
Industrial Services 5.77
Basic Materials 5.46
Other 23.49

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.86
Europe 2.09
Latin America 0.83
Asia 0.14
Multi-National 0.03
Other 0.05

Top Holdings

Top Holdings
Name Percent
CIBC Canadian Fixed Income Prvt Pl O 39.72
CIBC Equity Income Private Pool O 36.44
CIBC Canadian Equity Private Pool O 18.31
CIBC U.S. Equity Private Pool O 5.02
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 Diversified Monthly Income Portfolio Class A units

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.16% 10.39% 8.23%
Beta 0.95% 1.00% 0.99%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.99% 0.99% 0.98%
Sharpe -0.07% 0.19% 0.29%
Sortino -0.13% 0.13% 0.14%
Treynor -0.01% 0.02% 0.02%
Tax Efficiency 5.17% 54.47% 54.78%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.24% 9.16% 10.39% 8.23%
Beta 0.94% 0.95% 1.00% 0.99%
Alpha -0.01% -0.01% -0.01% -0.01%
Rsquared 0.99% 0.99% 0.99% 0.98%
Sharpe -0.19% -0.07% 0.19% 0.29%
Sortino 0.01% -0.13% 0.13% 0.14%
Treynor -0.02% -0.01% 0.02% 0.02%
Tax Efficiency 39.91% 5.17% 54.47% 54.78%

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 Monthly
Assets ($mil) $81

Fund Codes

FundServ Code Load Code Sales Status
ATL983
ATL984
ATL985

Investment Objectives

The Portfolio seeks to: create a diversified portfolio of investments across its asset classes; invest primarily in mutual funds; and achieve a mix of high current income and some long-term capital growth by investing primarily in a diversified 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 (25-55%) and equities (45-75%). 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 2.15%
Management Fee 1.80%
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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