Inception Return
(9/16/2013)
|
7.02 %
|
|
YTD Return
|
-5.27 %
|
|
NAVPS
(8/22/2017)
|
$10.76
|
|
Change
|
$0.00 / 0.03 %
|
|
|
Growth of $10,000
(As of July 31, 2017)
|
|
MER
|
1.82 %
|
|
Assets ($mil)
|
$899.30
|
|
Rank (1Yr)
|
13/14
|
|
Std Dev (3Yr)
|
9.48 %
|
|
Volatility Ranking (3Yr)
|
6/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Choice of Front or Back
|
|
Max Front End
|
5.00 %
|
|
Max Back End
|
5.50 %
|
|
Sales Status
|
Open
|
|
|
Objective
To generate a high level of current income, primarily through investment in senior floating rate loans and other floating rate debt instruments as well as lower-rated debt securities, of issuers located anywhere in the world.
|
Management Co.
Ares Capital Management LLC
Managers
|
|
Asset Allocation
(As of July 31, 2017)
|
Sector Allocation
(As of July 31, 2017)
|
Geographic Allocation
(As of July 31, 2017)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| US DOLLAR | Cash and Equivalents | Cash and Cash Equivalent | United States | 8.45% |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | Canada | 1.29% |
| CANADIAN DOLLAR | Cash and Equivalents | Cash and Cash Equivalent | Canada | 1.27% |
| STERIGENICS-NORDION 3/17 TL | Foreign Bonds | Fixed Income | United States | 0.88% |
| ENERGY TRANSFER EQUITY 1/17 TL | Foreign Bonds | Fixed Income | United States | 0.84% |
| A WIRELESS 4/17 TL | Foreign Bonds | Fixed Income | United States | 0.82% |
| EQUINOX FITNESS CLUBS 2/17 | Foreign Bonds | Fixed Income | United States | 0.78% |
| HUB INTERNATIONAL 10/13 (USD) | Foreign Bonds | Fixed Income | United States | 0.77% |
| COMMUNICATIONS SALES 2/17 TLB | Foreign Bonds | Fixed Income | United States | 0.77% |
| ABC SUPPLY 4/17 COV-LITE TLB | Foreign Bonds | Fixed Income | United States | 0.74% |
Performance Data
(As of July 31, 2017)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-3.15
|
-7.74
|
-2.61
|
-5.27
|
-0.12
|
6.78
|
-
|
-
|
|
Benchmark
|
-2.11
|
-5.57
|
1.78
|
0.78
|
6.85
|
9.34
|
11.73
|
9.66
|
|
Quartile Ranking
|
4
|
4
|
4
|
4
|
4
|
2
|
-
|
-
|
|
Calendar Return (%)
|
2016
|
2015
|
2014
|
2013
|
2012
|
2011
|
2010
|
2009
|
2008
|
2007
|
|
Fund
|
3.39
|
17.70
|
9.41
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
10.80
|
14.93
|
8.91
|
15.20
|
16.66
|
5.18
|
7.95
|
37.56
|
-9.77
|
-12.63
|
|
Quartile Ranking
|
4
|
2
|
1
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|