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Manulife Canadian Unconstrained Bond Fund Advisor Series

Canadian Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(06-24-2024)
$9.00
Change
$0.00 (0.02%)

As at May 31, 2024

As at April 30, 2024

Period
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Legend

Manulife Canadian Unconstrained Bond Fund Advisor Series

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Fund Returns

Inception Return (April 27, 2007): 2.24%

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 1.83% 0.34% 3.03% -0.92% 3.19% 1.85% -1.84% -0.68% 0.01% 0.77% 0.40% 0.86% 0.68% 1.02%
Benchmark 0.00% -1.48% 0.11% -3.20% 0.68% 0.65% -2.40% -2.27% -0.52% 0.70% 0.47% 0.78% 1.00% 1.62%
Category Average 1.72% 2.10% 2.10% -1.44% 2.46% 1.21% -2.44% -1.85% -0.47% 0.47% 0.18% 0.47% 0.54% 1.00%
Category Rank 101 / 628 245 / 624 66 / 618 175 / 620 204 / 608 245 / 585 226 / 558 77 / 528 184 / 497 249 / 461 241 / 431 190 / 395 212 / 347 221 / 320
Quartile Ranking 1 2 1 2 2 2 2 1 2 3 3 2 3 3

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.26% -1.01% -0.18% -3.12% -0.30% 4.67% 3.99% -1.12% -0.14% 0.58% -2.03% 1.83%
Benchmark -0.04% -1.08% -0.19% -2.62% 0.43% 4.21% 3.42% -1.36% -0.40% 0.48% -1.95% 0.00%

Best Monthly Return Since Inception

4.67% (November 2023)

Worst Monthly Return Since Inception

-6.20% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.74% -0.36% 2.90% 2.04% -1.94% 7.41% 7.61% -1.16% -12.34% 7.00%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average 7.06% 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16%
Quartile Ranking 4 4 1 2 4 1 4 1 3 2
Category Rank 274/ 309 340/ 340 66/ 372 185/ 417 442/ 443 71/ 489 443/ 519 60/ 550 405/ 579 174/ 595

Best Calendar Return (Last 10 years)

7.61% (2020)

Worst Calendar Return (Last 10 years)

-12.34% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 38.64
Canadian Government Bonds 33.94
Foreign Corporate Bonds 16.87
Cash and Equivalents 5.43
Foreign Government Bonds 5.12

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 94.56
Cash and Cash Equivalent 5.44

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.34
Europe 4.31
Latin America 0.34
Asia 0.01

Top Holdings

Top Holdings
Name Percent
Ontario Province 4.70% 02-Jun-2037 -
Canada Government 2.75% 01-Jun-2033 -
Canada Government 4.00% 01-Jun-2041 -
Enbridge Inc 8.25% 15-Oct-2028 -
United Kingdom Government 4.63% 31-Jan-2034 -
Ontario Province 2.55% 02-Dec-2052 -
Canada Government 5.00% 01-Jun-2037 -
BANNER TRUST -
Manulife Financial Corp 4.06% 24-Feb-2027 -
Saskatchewan Province 2.80% 02-Dec-2052 -

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Manulife Canadian Unconstrained Bond Fund Advisor Series

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.59% 7.18% 5.62%
Beta 1.09% 1.07% 0.97%
Alpha 0.01% 0.01% -0.01%
Rsquared 0.93% 0.86% 0.82%
Sharpe -0.59% -0.25% -0.05%
Sortino -0.81% -0.51% -0.43%
Treynor -0.04% -0.02% 0.00%
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 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 7.87% 7.59% 7.18% 5.62%
Beta 1.10% 1.09% 1.07% 0.97%
Alpha 0.02% 0.01% 0.01% -0.01%
Rsquared 0.93% 0.93% 0.86% 0.82%
Sharpe -0.18% -0.59% -0.25% -0.05%
Sortino 0.09% -0.81% -0.51% -0.43%
Treynor -0.01% -0.04% -0.02% 0.00%
Tax Efficiency 57.37% - - -

Fund Details

Start Date April 27, 2007
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $376

Fund Codes

FundServ Code Load Code Sales Status
MMF1403
MMF1703
MMF3083
MMF40420
MMF40720
MMF420
MMF520
MMF720

Investment Objectives

Income generation with an emphasis on capital preservation. The Fund invests primarily in a diversified portfolio of Canadian fixed income securities. The Fund may also invest in fixed income securities of other countries. The fundamental investment objective of the Fund cannot be changed without the approval of investors who own securities in the Fund.

Investment Strategy

The portfolio advisor seeks to maximize the total return of the portfolio through a multi-sector fixed income strategy with a research- driven investment approach. The portfolio advisor seeks to enhance core portfolio returns through opportunistic investments in high yield bonds. The Fund invests primarily in bonds and debentures issued or guaranteed by the Canadian government or provincial and municipal governments and investment grade and high yield corporate bonds and debentures.

Portfolio Manager(s)

Name Start Date
Terry Carr 04-24-2007
Andrew Gretzinger 04-24-2007
Richard Kos 04-24-2007
Altaf Nanji 04-24-2007
Sivan Nair 04-24-2007
Roshan Thiru 02-20-2020

Management and Organization

Fund Manager Manulife Investment Management Limited
Advisor Manulife Investment Management Limited
Custodian RBC Investor Services Trust (Canada)
Registrar Manulife Investment Management Limited
Distributor -
Auditor Ernst & Young LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.46%
Management Fee 1.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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