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Canoe Unconstrained Bond Fund Series A

Multi-Sector Fixed Income

NAVPS
(05-30-2025)
$10.07
Change
$0.01 (0.07%)

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025$9,400$9,600$9,800$10,000$10,200$10,400$10,600$10,800Period

Legend

Canoe Unconstrained Bond Fund Series A

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Fund Returns

Inception Return (August 01, 2023): 5.03%

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 1.70% 3.92% 3.41% 4.55% 8.56% - - - - - - - - -
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 3 / 324 4 / 324 4 / 318 3 / 319 28 / 304 - - - - - - - - -
Quartile Ranking 1 1 1 1 1 - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.84% 1.22% 1.20% 1.75% 0.70% -1.79% 0.86% -1.94% 0.60% 1.63% 0.55% 1.70%
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%

Best Monthly Return Since Inception

3.33% (November 2023)

Worst Monthly Return Since Inception

-2.15% (April 2024)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - 2.02%
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
Category Rank - - - - - - - - - 270/ 304

Best Calendar Return (Last 10 years)

2.02% (2024)

Worst Calendar Return (Last 10 years)

2.02% (2024)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 31.43
Foreign Corporate Bonds 24.32
Foreign Government Bonds 21.76
Mortgages 15.82
Foreign Bonds - Other 6.71
Other -0.04

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 68.53
Cash and Cash Equivalent 31.43
Other 0.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.76
Latin America 2.83
Europe 1.43
Other -0.02

Top Holdings

Top Holdings
Name Percent
United States Treasury 07-Aug-2025 17.59
FANNIE MAE OR FREDDIE MAC 4.00% 01-May-2053 11.03
United States Treasury 4.13% 31-Mar-2032 7.70
COMMIT TO PUR FNMA SF MTG 5.00% 01-Jun-2050 5.14
US DOLLAR 4.83
United States Treasury 03-Jun-2025 4.57
United States Treasury 4.63% 15-Feb-2055 3.50
Brazil Government 10.00% 01-Jan-2031 2.83
United States Treasury 2.75% 15-Aug-2032 2.79
United States Treasury 4.63% 15-Feb-2035 2.55

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: H.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.43% - - -
Beta -0.06% - - -
Alpha 0.09% - - -
Rsquared 0.00% - - -
Sharpe 1.04% - - -
Sortino 1.78% - - -
Treynor -0.78% - - -
Tax Efficiency - - - -

Fund Details

Start Date August 01, 2023
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
GOC5061

Investment Objectives

Maximize risk-adjusted total returns while preserving capital The Fund aims to maximize risk-adjusted total returns while preserving capital by investing primarily in global fixed income securities

Investment Strategy

In managing the Fund, the sub-advisor pursues relative value opportunities across the global fixed income market. The sub-advisor will invest, under normal circumstances, at least 85% of the Fund’s net assets in fixed income instruments, including investment-grade and high yield corporate credit, government and agency bonds, mortgage-backed and asset-backed securities, and emerging markets debt, issued primarily by various U.S. and non-U.S. public or private sector entities

Portfolio Management

Portfolio Manager

Canoe Financial LP

Sub-Advisor

Reams Asset Management

Management and Organization

Fund Manager

Canoe Financial LP

Custodian

-

Registrar

-

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.46%
Management Fee 1.20%
Load Back Fee Only
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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