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High Yield Fixed Income
Click for more information on Fundata’s FundGrade.
NAVPS (07-25-2024) |
$4.66 |
---|---|
Change |
$0.00
(0.02%)
|
As at June 30, 2024
As at May 31, 2024
Inception Return (February 28, 1994): 4.29%
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 | 0.39% | 1.34% | 3.94% | 3.94% | 6.47% | 3.88% | -2.13% | 1.55% | 0.71% | 1.36% | 1.04% | 2.11% | 1.57% | 1.55% |
Benchmark | 1.79% | 2.35% | 6.59% | 6.59% | 14.42% | 13.47% | 3.38% | 3.80% | 3.77% | 4.27% | 4.15% | 5.14% | 5.27% | 5.98% |
Category Average | 0.68% | 2.56% | 2.56% | 2.56% | 7.97% | 6.42% | 0.23% | 2.95% | 2.20% | 2.59% | 2.42% | 3.11% | 2.73% | 2.49% |
Category Rank | 267 / 301 | 110 / 301 | 84 / 301 | 84 / 301 | 263 / 295 | 268 / 292 | 272 / 286 | 240 / 276 | 250 / 270 | 224 / 250 | 220 / 238 | 196 / 221 | 186 / 193 | 166 / 181 |
Quartile Ranking | 4 | 2 | 2 | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.90% | 0.08% | -0.76% | -1.77% | 1.84% | 2.18% | 1.19% | 0.34% | 1.02% | -0.48% | 1.44% | 0.39% |
Benchmark | 1.08% | 2.51% | -1.32% | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% |
5.92% (May 2020)
-13.37% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 3.94% | -0.43% | 6.08% | 4.05% | -3.31% | 8.78% | 5.34% | 1.05% | -11.74% | 4.18% |
Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
Quartile Ranking | 2 | 2 | 4 | 3 | 3 | 3 | 2 | 4 | 4 | 4 |
Category Rank | 64/ 173 | 55/ 185 | 188/ 201 | 161/ 229 | 161/ 240 | 176/ 265 | 134/ 275 | 235/ 277 | 244/ 286 | 276/ 295 |
8.78% (2019)
-11.74% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 51.06 |
Canadian Corporate Bonds | 36.17 |
Foreign Government Bonds | 4.43 |
Canadian Equity | 3.95 |
Cash and Equivalents | 1.44 |
Other | 2.95 |
Name | Percent |
---|---|
Fixed Income | 92.26 |
Utilities | 2.69 |
Cash and Cash Equivalent | 1.44 |
Consumer Goods | 1.25 |
Energy | 1.19 |
Other | 1.17 |
Name | Percent |
---|---|
North America | 97.27 |
Latin America | 1.43 |
Europe | 1.03 |
Multi-National | 0.27 |
Name | Percent |
---|---|
United States Treasury 4.63% 30-Apr-2029 | 2.71 |
Government of United States of America 4.25% 15-Mar-2027 | 2.68 |
Rogers Communications Inc 5.00% 17-Dec-2081 | 2.66 |
Videotron Ltd 4.50% 15-Jan-2030 | 2.56 |
Northland Power Inc 9.25% 30-Jun-2083 | 1.68 |
Cinemark USA Inc 5.88% 15-Mar-2026 | 1.66 |
Capital Power Corp 7.95% 09-Sep-2082 | 1.58 |
TransAlta Corp 7.75% 15-Nov-2029 | 1.56 |
Coast Capital Savings FCU 8.88% 02-May-2033 | 1.52 |
Toronto-Dominion Bank 7.00% 20-Oct-2026 | 1.50 |
AGF Global Corporate Bond Fund Mutual Fund Series
Median
Other - High Yield Fixed Income
Standard Deviation | 5.42% | 8.58% | 6.89% |
---|---|---|---|
Beta | 0.56% | 0.94% | 0.71% |
Alpha | -0.04% | -0.03% | -0.03% |
Rsquared | 0.50% | 0.60% | 0.51% |
Sharpe | -0.93% | -0.12% | 0.04% |
Sortino | -1.06% | -0.27% | -0.22% |
Treynor | -0.09% | -0.01% | 0.00% |
Tax Efficiency | - | - | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 3.95% | 5.42% | 8.58% | 6.89% |
Beta | 0.17% | 0.56% | 0.94% | 0.71% |
Alpha | 0.04% | -0.04% | -0.03% | -0.03% |
Rsquared | 0.02% | 0.50% | 0.60% | 0.51% |
Sharpe | 0.38% | -0.93% | -0.12% | 0.04% |
Sortino | 1.41% | -1.06% | -0.27% | -0.22% |
Treynor | 0.09% | -0.09% | -0.01% | 0.00% |
Tax Efficiency | 69.61% | - | - | - |
Start Date | February 28, 1994 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $422 |
FundServ Code | Load Code | Sales Status |
---|---|---|
AGF237 | ||
AGF419 | ||
AGF420 |
The Fund's objective is to generate a high level of income and maximize return by investing primarily in fixed income securities issued or guaranteed by corporations around the world and rated BB+ equivalent or lower.
The portfolio manager seeks to maximize the total return of the portfolio through a bottom-up approach to corporate fixed-income security selection and a top-down approach to category allocation and duration management. This Fund may also invest in floating rate loans. The portfolio manager aims to select fixed-income securities that provide an attractive return relative to the risk of each credit.
Name | Start Date |
---|---|
Andy Kochar | 08-07-2018 |
AGF Investments LLC | 04-26-2023 |
Fund Manager | AGF Investments Inc. |
---|---|
Advisor | AGF Investments Inc. |
Custodian | CIBC Mellon Trust Company |
Registrar | AGF CustomerFirst Inc. |
Distributor | - |
Auditor | PriceWaterhouseCoopers LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 25 |
PAC Subsequent | 25 |
SWP Allowed | Yes |
SWP Min Balance | 50 |
SWP Min Withdrawal | 50 |
MER | 1.85% |
---|---|
Management Fee | 1.20% |
Load | Choice of Front or No Load |
FE Max | 6.00% |
DSC Max | 5.50% |
Trailer Fee Max (FE) | 0.50% |
Trailer Fee Max (DSC) | 0.50% |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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