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Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-14-2024) |
$4.03 |
|---|---|
| Change |
$0.00
(0.05%)
|
As at May 31, 2024
As at May 31, 2024
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Inception Return (June 30, 1965): 5.74%
| 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 | 0.83% | 0.88% | 2.54% | 0.87% | 4.48% | 2.49% | -0.05% | 0.23% | 0.74% | 1.06% | 0.69% | 0.75% | 0.62% | 0.65% |
| Benchmark | 0.86% | 1.00% | 2.40% | 0.91% | 4.58% | 2.58% | 0.36% | 0.62% | 1.27% | 1.72% | 1.37% | 1.41% | 1.39% | 1.57% |
| Category Average | 0.77% | 2.58% | 2.58% | 0.94% | 4.50% | 2.46% | 0.17% | 0.73% | 1.05% | 1.35% | 1.06% | 1.08% | 0.98% | 1.03% |
| Category Rank | 145 / 318 | 213 / 315 | 160 / 282 | 185 / 282 | 173 / 272 | 182 / 260 | 178 / 244 | 182 / 229 | 170 / 221 | 167 / 207 | 161 / 195 | 146 / 180 | 140 / 166 | 133 / 150 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.33% | -0.08% | 0.26% | -0.41% | 0.65% | 1.81% | 1.66% | -0.11% | 0.10% | 0.50% | -0.45% | 0.83% |
| Benchmark | -0.32% | -0.08% | 0.39% | -0.32% | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% |
63.30% (April 1967)
-39.11% (May 1967)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.45% | 0.19% | 0.38% | -0.42% | 0.52% | 2.26% | 4.47% | -1.77% | -4.54% | 4.72% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 3 |
| Category Rank | 116/ 140 | 144/ 161 | 139/ 174 | 147/ 182 | 157/ 202 | 175/ 218 | 138/ 228 | 210/ 234 | 148/ 248 | 170/ 262 |
4.72% (2023)
-4.54% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 57.56 |
| Canadian Government Bonds | 34.41 |
| Canadian Bonds - Other | 4.42 |
| Cash and Equivalents | 3.38 |
| Mortgages | 0.36 |
| Other | -0.13 |
| Name | Percent |
|---|---|
| Fixed Income | 96.73 |
| Cash and Cash Equivalent | 3.38 |
| Other | -0.11 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 4.50% 01-Feb-2026 | 6.34 |
| PSP Capital Inc 3.00% 05-Nov-2025 | 6.23 |
| Canada Government 3.50% 01-Aug-2025 | 5.49 |
| Canada Government 1.50% 01-Dec-2031 | 4.80 |
| Canada Government 2.50% 01-Dec-2032 | 3.92 |
| National Bank of Canada 5.22% 14-Jun-2028 | 3.74 |
| Canadian Imperial Bank Commrce 4.90% 02-Apr-2027 | 3.45 |
| Laurentian Bank of Canada NHA 0.55% 01-Dec-2025 | 2.61 |
| Bank of Nova Scotia 5.50% 08-May-2026 | 2.16 |
| Bank of Montreal 3.65% 01-Mar-2027 | 2.14 |
Desjardins Short-Term Income Fund A Class
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 2.95% | 2.55% | 1.98% |
|---|---|---|---|
| Beta | 1.08% | 1.08% | 1.01% |
| Alpha | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.96% | 0.94% |
| Sharpe | -0.98% | -0.50% | -0.39% |
| Sortino | -1.19% | -1.04% | -1.33% |
| Treynor | -0.03% | -0.01% | -0.01% |
| Tax Efficiency | - | 0.54% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.63% | 2.95% | 2.55% | 1.98% |
| Beta | 1.07% | 1.08% | 1.08% | 1.01% |
| Alpha | 0.00% | 0.00% | -0.01% | -0.01% |
| Rsquared | 0.99% | 0.98% | 0.96% | 0.94% |
| Sharpe | -0.16% | -0.98% | -0.50% | -0.39% |
| Sortino | 1.15% | -1.19% | -1.04% | -1.33% |
| Treynor | 0.00% | -0.03% | -0.01% | -0.01% |
| Tax Efficiency | 72.82% | - | 0.54% | - |
| Start Date | June 30, 1965 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $269 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00001 |
The objective of this Fund is to provide unitholders with a high income return. The assets of this Fund consist primarily of corporate and government bonds. The Fund also invests in high-quality money market instruments and first mortgage loans. Any modification of the fundamental investment objective must be approved by the unitholders by a majority vote at a meeting called for this purpose.
The portfolio manager selects the fixed-income securities of governmental and corporate issuers that for the most part have a maturity of one to five years. The portfolio manager primarily selects securities with a DBRS credit rating of BBB or better, or any equivalent credit rating set by another designated rating organization.
| Name | Start Date |
|---|---|
| Desjardins Global Asset Management Inc. | 03-24-2011 |
| Fund Manager | Desjardins Investments Inc. |
|---|---|
| Advisor | Desjardins Global Asset Management Inc. |
| Custodian | Desjardins Trust Inc. |
| Registrar | Desjardins Investments Inc. |
| Distributor | Desjardins Investments Inc. |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.17% |
|---|---|
| Management Fee | 0.88% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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