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Multi-Sector Fixed Income
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2024, 2023
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|
NAVPS (05-23-2025) |
$9.01 |
|---|---|
| Change |
$0.00
(-0.04%)
|
As at April 30, 2025
As at April 30, 2025
Inception Return (May 12, 2014): 2.77%
| 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 | -1.32% | -1.23% | 0.91% | -0.16% | 5.01% | 8.52% | 6.66% | 4.07% | 6.44% | 3.38% | 3.21% | 3.27% | 3.99% | 3.22% |
| Benchmark | -1.88% | -0.51% | 2.54% | 0.89% | 9.88% | 5.80% | 5.50% | 1.57% | 0.32% | 1.49% | 2.31% | 1.70% | 2.65% | 3.09% |
| Category Average | -0.17% | 0.32% | 1.22% | 1.06% | 6.03% | 4.29% | - | - | - | - | - | - | - | - |
| Category Rank | 275 / 334 | 277 / 334 | 227 / 328 | 261 / 329 | 271 / 314 | 23 / 305 | 17 / 294 | 27 / 281 | 20 / 259 | 48 / 239 | 64 / 214 | 38 / 187 | 42 / 149 | 45 / 126 |
| Quartile Ranking | 4 | 4 | 3 | 4 | 4 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.32% | -0.19% | 1.17% | 0.79% | 1.06% | 0.85% | 0.61% | 0.46% | 1.09% | 0.59% | -0.50% | -1.32% |
| Benchmark | 0.36% | 1.11% | 3.56% | -0.33% | 1.97% | 0.33% | 0.96% | 0.67% | 1.41% | 1.02% | 0.37% | -1.88% |
3.32% (November 2020)
-14.99% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.32% | 8.24% | 6.50% | -1.85% | 8.98% | -1.72% | 3.40% | -4.03% | 9.76% | 9.75% |
| Benchmark | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% |
| Category Average | - | - | - | - | - | - | - | - | - | 3.89% |
| Quartile Ranking | 4 | 2 | 1 | 3 | 2 | 4 | 1 | 1 | 1 | 1 |
| Category Rank | 101/ 120 | 51/ 138 | 25/ 185 | 140/ 211 | 81/ 233 | 239/ 255 | 54/ 278 | 29/ 287 | 26/ 305 | 37/ 314 |
9.76% (2023)
-4.03% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 50.41 |
| Foreign Government Bonds | 17.32 |
| Cash and Equivalents | 17.15 |
| Mortgages | 6.04 |
| Foreign Bonds - Other | 5.19 |
| Other | 3.89 |
| Name | Percent |
|---|---|
| Fixed Income | 79.34 |
| Cash and Cash Equivalent | 17.16 |
| Real Estate | 0.05 |
| Telecommunications | 0.02 |
| Consumer Services | 0.00 |
| Other | 3.43 |
| Name | Percent |
|---|---|
| North America | 60.44 |
| Europe | 24.86 |
| Latin America | 6.09 |
| Africa and Middle East | 4.23 |
| Asia | 3.07 |
| Other | 1.31 |
| Name | Percent |
|---|---|
| Federal National Mrtgage Assoc 6.50% 13-May-2025 | 9.28 |
| Canada Government 30-Jul-2025 | 3.80 |
| Canada Government 22-May-2025 | 3.17 |
| Canada Government 27-Aug-2025 | 2.96 |
| AmSurg | 2.76 |
| Eurosail, Series 2007-1X, Class C1A, Mezzanine 2.99% 13-Dec-2041 | 2.66 |
| Canada Government 04-Jun-2025 | 2.14 |
| Canada Government 16-Jul-2025 | 2.04 |
| USD Currency Forward | 1.88 |
| Stratton Hawksmoor PLC 6.23% 25-Feb-2053 | 1.71 |
Desjardins Floating Rate Income Fund A Class
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 4.45% | 4.61% | 6.68% |
|---|---|---|---|
| Beta | 0.37% | 0.26% | -0.01% |
| Alpha | 0.05% | 0.06% | 0.03% |
| Rsquared | 0.21% | 0.12% | 0.00% |
| Sharpe | 0.59% | 0.85% | 0.26% |
| Sortino | 1.14% | 1.13% | 0.07% |
| Treynor | 0.07% | 0.15% | -1.40% |
| Tax Efficiency | 51.51% | 58.62% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.57% | 4.45% | 4.61% | 6.68% |
| Beta | 0.41% | 0.37% | 0.26% | -0.01% |
| Alpha | 0.01% | 0.05% | 0.06% | 0.03% |
| Rsquared | 0.51% | 0.21% | 0.12% | 0.00% |
| Sharpe | 0.47% | 0.59% | 0.85% | 0.26% |
| Sortino | 1.08% | 1.14% | 1.13% | 0.07% |
| Treynor | 0.03% | 0.07% | 0.15% | -1.40% |
| Tax Efficiency | 28.69% | 51.51% | 58.62% | - |
| Start Date | May 12, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $107 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00024 |
The objective of the Fund is to provide a high income while minimizing the effects of interest rate fluctuations. The Fund invests primarily in floating-rate and fixed-rate debt securities of issuers throughout the world and enters into derivative instrument transactions to generate a floating rate income.
The management of the Fund is entrusted to a sub-manager who combines a top-down analysis for asset allocation, with a bottom-up analysis for security selection. The Fund invests primarily in global credit markets including, without limitation, investment-grade corporate bonds, high-yield corporate bonds and emerging market bonds, which provide higher income than government bonds from developed markets, like Government of Canada and US Treasury bonds.
| Portfolio Manager |
Desjardins Global Asset Management Inc. |
|---|---|
| Sub-Advisor |
Pacific Investment Management Co LLC (PIMCO) |
| Fund Manager |
Desjardins Investments Inc. |
|---|---|
| Custodian |
Desjardins Trust Inc. |
| Registrar |
Desjardins Investments Inc. |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 1,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.61% |
|---|---|
| Management Fee | 1.19% |
| 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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