Inception Return
(9/25/2013)
|
1.87 %
|
|
YTD Return
|
0.61 %
|
|
NAVPS
(4/24/2024)
|
$8.35
|
|
Change
|
($0.02) / -0.30 %
|
|
|
Growth of $10,000
(As of March 31, 2024)
|
|
MER
|
1.84 %
|
|
Assets ($mil)
|
$1,054.66
|
|
Rank (1Yr)
|
105/266
|
|
Std Dev (3Yr)
|
6.80 %
|
|
Volatility Ranking (3Yr)
|
1/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Choice of Front or No Load
|
|
Max Front End
|
5.00 %
|
|
Max Back End
|
6.00 %
|
|
Sales Status
|
Open
|
|
|
Objective
The investment objective of the Fund is to provide a high level of current income with the potential for capital gains. The Fund will invest its assets primarily in global fixed income instruments from both developed and emerging markets. The Fund can invest across all sectors and credit qualities but will be primarily invested in investment grade securities rated BBB- and above by Standard & Poor’s (or its equivalent by qualified rating agencies).
|
Fund Manager
Northwest & Ethical Investments L.P.
Portfolio Manager
Northwest & Ethical Investments L.P.
Amundi (UK) Limited
Sub-Advisor
Grégoire Pesquès, Amundi Canada Inc.
Reine Bitar, Amundi Canada Inc.
|
|
Asset Allocation
(As of February 29, 2024)
|
Sector Allocation
(As of February 29, 2024)
|
Geographic Allocation
(As of February 29, 2024)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| CAD/USD FWD 20240523 | Cash and Equivalents | Cash and Cash Equivalent | Other | 48.90% |
| CAD/EUR FWD 20240523 | Cash and Equivalents | Cash and Cash Equivalent | Other | 37.23% |
| USD/GBP FWD 20240318 | Cash and Equivalents | Cash and Cash Equivalent | Other | 11.16% |
| USD/NZD FWD 20240423 | Cash and Equivalents | Cash and Cash Equivalent | United States | 5.67% |
| NOK/USD FWD 20240419 | Cash and Equivalents | Cash and Cash Equivalent | Other | 5.09% |
| USD/CNY FWD 20240328 | Cash and Equivalents | Cash and Cash Equivalent | Other | 5.06% |
| INR/USD FWD 20240416 | Cash and Equivalents | Cash and Cash Equivalent | Other | 4.66% |
| Brazil Government 10.00% 01-Jan-2029 | Foreign Bonds | Fixed Income | Latin America | 4.64% |
| United States Treasury 3.50% 31-Jan-2028 | Foreign Bonds | Fixed Income | United States | 4.47% |
| Spain Government 1.40% 30-Jul-2028 | Foreign Bonds | Fixed Income | European Union | 4.00% |
Performance Data
(As of March 31, 2024)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
1.12
|
0.61
|
5.67
|
0.61
|
5.72
|
0.47
|
1.37
|
1.73
|
|
Benchmark
|
0.67
|
1.56
|
7.31
|
1.56
|
3.76
|
-1.05
|
0.23
|
3.07
|
|
Quartile Ranking
|
1
|
3
|
4
|
3
|
2
|
1
|
2
|
3
|
|
Calendar Return (%)
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
|
Fund
|
6.50
|
-4.75
|
-3.32
|
1.70
|
8.80
|
-3.00
|
4.31
|
0.43
|
0.69
|
7.89
|
|
Benchmark
|
5.25
|
-10.27
|
-4.31
|
7.35
|
4.01
|
6.50
|
1.23
|
1.29
|
16.14
|
11.01
|
|
Quartile Ranking
|
2
|
1
|
4
|
4
|
2
|
4
|
2
|
4
|
3
|
2
|