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Desjardins Quebec Balanced Fund A Class

Canadian Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017, 2016, 2015, 2014

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NAVPS
(02-13-2025)
$24.97
Change
$0.12 (0.46%)

As at January 31, 2025

As at January 31, 2025

Period
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Legend

Desjardins Quebec Balanced Fund A Class

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Fund Returns

Inception Return (June 20, 1997): 6.31%

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 -0.21% 1.30% 4.34% -0.21% 12.28% 7.70% 4.63% 4.68% 4.14% 5.42% 4.20% 4.46% 4.94% 4.17%
Benchmark 2.42% 4.53% 8.16% 2.42% 16.65% 9.92% 5.87% 7.12% 6.56% 7.51% 6.71% 6.44% 7.13% 5.78%
Category Average 2.38% 4.02% 6.19% 2.38% 14.18% 8.96% 4.66% 5.82% 5.42% 6.18% 5.12% 5.19% 5.52% 4.57%
Category Rank 451 / 452 451 / 452 439 / 452 451 / 452 400 / 446 378 / 432 308 / 412 367 / 392 366 / 381 336 / 370 337 / 358 314 / 347 300 / 334 263 / 301
Quartile Ranking 4 4 4 4 4 4 3 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 0.18% 1.64% -2.04% 3.34% 0.46% 3.93% 0.10% 2.85% 0.06% 3.17% -1.61% -0.21%
Benchmark 0.82% 2.49% -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18% -2.03% 2.42%

Best Monthly Return Since Inception

8.65% (November 2020)

Worst Monthly Return Since Inception

-11.24% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 1.34% 7.66% 7.61% -7.22% 14.51% 5.79% 4.27% -7.53% 8.41% 12.49%
Benchmark -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43% 13.55%
Category Average 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27% 11.70%
Quartile Ranking 2 3 1 4 2 3 4 2 3 3
Category Rank 117/ 301 186/ 334 85/ 347 304/ 358 93/ 368 221/ 377 391/ 392 154/ 412 242/ 432 239/ 446

Best Calendar Return (Last 10 years)

14.51% (2019)

Worst Calendar Return (Last 10 years)

-7.53% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 58.32
Canadian Government Bonds 31.86
Canadian Corporate Bonds 7.30
Cash and Equivalents 2.51
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 39.17
Financial Services 10.50
Consumer Services 8.80
Industrial Services 7.88
Consumer Goods 6.94
Other 26.71

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Quebec Province 3.25% 01-Sep-2032 16.28
Quebec Province 4.45% 01-Sep-2034 11.82
CDP Financial 3.65% 02-Jun-2034 5.00
Gildan Activewear Inc Cl A 3.73
iA Financial Corp Inc 3.70
CGI Inc Cl A 3.48
WSP Global Inc 3.28
CAE Inc 3.16
Atkinsrealis Group Inc 3.10
Alimentation Couche-Tard Inc 3.09

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Desjardins Quebec Balanced Fund A Class

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.38% 11.00% 8.62%
Beta 0.89% 0.97% 0.95%
Alpha -0.01% -0.02% -0.01%
Rsquared 0.88% 0.87% 0.84%
Sharpe 0.13% 0.21% 0.33%
Sortino 0.32% 0.21% 0.24%
Treynor 0.01% 0.02% 0.03%
Tax Efficiency 85.42% 78.42% 82.34%
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 6.83% 9.38% 11.00% 8.62%
Beta 0.84% 0.89% 0.97% 0.95%
Alpha -0.01% -0.01% -0.02% -0.01%
Rsquared 0.74% 0.88% 0.87% 0.84%
Sharpe 1.11% 0.13% 0.21% 0.33%
Sortino 2.95% 0.32% 0.21% 0.24%
Treynor 0.09% 0.01% 0.02% 0.03%
Tax Efficiency 95.27% 85.42% 78.42% 82.34%

Fund Details

Start Date June 20, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $447

Fund Codes

FundServ Code Load Code Sales Status
DJT00060

Investment Objectives

The objective of this Fund is to provide unitholders with both a reasonable income return and long-term capital appreciation from a portfolio made up of Québec securities. Consequently, the Fund invests in various equity or debt securities issued by Québec companies, partnerships or cooperatives, in various debt securities issued or guaranteed by the Québec government or municipalities, or by other Québec public or para-public organizations, and in term deposits in Québec financial institutions.

Investment Strategy

For the management of fixed-income securities, the portfolio manager favours a management style that takes into account all of the risk factors for this type of security. Securities are selected from public, para-public and private securities issued by organizations that have their head office and principal decision-making centre in Québec.

Portfolio Manager(s)

Name Start Date
Desjardins Global Asset Management Inc. 03-16-2004

Management and Organization

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

Investment Minimums

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

Fees

MER 2.07%
Management Fee 1.53%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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