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Multi-Sector Fixed Income
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2024, 2023
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|
NAVPS (06-13-2025) |
$9.09 |
|---|---|
| Change |
-$0.02
(-0.18%)
|
As at May 31, 2025
As at May 31, 2025
Inception Return (May 12, 2014): 2.86%
| 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 | 1.22% | -0.62% | 1.52% | 1.06% | 5.95% | 9.13% | 7.11% | 4.34% | 6.01% | 3.76% | 3.49% | 3.35% | 4.10% | 3.32% |
| Benchmark | -0.45% | -1.96% | 1.11% | 0.44% | 8.99% | 6.42% | 5.63% | 1.70% | -0.01% | 1.20% | 2.20% | 1.61% | 2.20% | 2.86% |
| Category Average | 0.50% | -0.16% | 0.70% | 1.56% | 5.28% | 5.01% | - | - | - | - | - | - | - | - |
| Category Rank | 40 / 323 | 178 / 323 | 64 / 318 | 188 / 318 | 145 / 303 | 21 / 294 | 20 / 285 | 24 / 275 | 22 / 256 | 40 / 240 | 58 / 222 | 41 / 198 | 36 / 170 | 44 / 130 |
| Quartile Ranking | 1 | 3 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.19% | 1.17% | 0.79% | 1.06% | 0.85% | 0.61% | 0.46% | 1.09% | 0.59% | -0.50% | -1.32% | 1.22% |
| Benchmark | 1.11% | 3.56% | -0.33% | 1.97% | 0.33% | 0.96% | 0.67% | 1.41% | 1.02% | 0.37% | -1.88% | -0.45% |
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/ 268 | 29/ 277 | 24/ 294 | 37/ 303 |
9.76% (2023)
-4.03% (2022)
| Name | Percent |
|---|---|
| Cash and Equivalents | 44.19 |
| Foreign Corporate Bonds | 31.50 |
| Foreign Government Bonds | 15.75 |
| Mortgages | 3.28 |
| Foreign Bonds - Other | 2.53 |
| Other | 2.75 |
| Name | Percent |
|---|---|
| Fixed Income | 53.28 |
| Cash and Cash Equivalent | 44.19 |
| Real Estate | 0.03 |
| Telecommunications | 0.01 |
| Consumer Services | 0.00 |
| Other | 2.49 |
| Name | Percent |
|---|---|
| North America | 73.21 |
| Europe | 15.66 |
| Latin America | 5.98 |
| Africa and Middle East | 2.67 |
| Asia | 1.51 |
| Other | 0.97 |
| Name | Percent |
|---|---|
| Canada Government 27-Aug-2025 | 27.70 |
| Federal National Mrtgage Assoc 6.50% 13-Jun-2024 | 5.08 |
| United States Treasury 3.88% 30-Apr-2030 | 4.30 |
| Canada Government 30-Jul-2025 | 3.03 |
| Cash and Cash Equivalents | 2.22 |
| MARKIT CDX.NA.HY.44 06/30 2I65BRAD4 5.00% 20-Jun-2030 | 1.77 |
| Canada Government 13-Aug-2025 | 1.49 |
| Eurosail, Series 2007-1X, Class C1A, Mezzanine 2.99% 13-Dec-2041 | 1.47 |
| AmSurg | 1.46 |
| Canada Government 04-Jun-2025 | 1.18 |
Desjardins Floating Rate Income Fund A Class
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 4.45% | 4.45% | 6.69% |
|---|---|---|---|
| Beta | 0.36% | 0.24% | -0.01% |
| Alpha | 0.05% | 0.06% | 0.04% |
| Rsquared | 0.20% | 0.11% | 0.00% |
| Sharpe | 0.68% | 0.78% | 0.27% |
| Sortino | 1.28% | 0.99% | 0.09% |
| Treynor | 0.08% | 0.14% | -1.32% |
| Tax Efficiency | 54.33% | 55.93% | 36.68% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.69% | 4.45% | 4.45% | 6.69% |
| Beta | 0.33% | 0.36% | 0.24% | -0.01% |
| Alpha | 0.03% | 0.05% | 0.06% | 0.04% |
| Rsquared | 0.33% | 0.20% | 0.11% | 0.00% |
| Sharpe | 0.85% | 0.68% | 0.78% | 0.27% |
| Sortino | 1.58% | 1.28% | 0.99% | 0.09% |
| Treynor | 0.07% | 0.08% | 0.14% | -1.32% |
| Tax Efficiency | 38.85% | 54.33% | 55.93% | 36.68% |
| 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) | $194 |
| 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 | 1.54% |
|---|---|
| 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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