(As of 11/30/2024)

Dynamic Ultra Short Term Bond Fund Series A

(Canadian Short Term Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(9/9/2013) 		1.65 %
YTD Return 4.64 %
NAVPS
(12/11/2024) 		$9.30
Change $0.00 / 0.02 %
Growth of $10,000 (As of November 30, 2024)
MER 1.03 %
Assets ($mil) $220.29
Rank (1Yr) 258/280
Std Dev (3Yr) 2.07 %
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
Dynamic Investment Grade Floating Rate Fund seeks to provide interest income while preserving capital and mitigating the effects of interest rate fluctuations. Before a fundamental change is made to the investment objectives of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders
Fund Manager

1832 Asset Management L.P.

Portfolio Manager

Marc-André Gaudreau, 1832 Asset Management L.P.

Sub-Advisor
Data not available
 
Asset Allocation
(As of September 30, 2024)
Sector Allocation
(As of September 30, 2024)
Geographic Allocation
(As of September 30, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
B74408940 Cds Usd R V 03Me 3374408940_Pro Ccpcdx 1.00% 20-Dec-2029Domestic BondsFixed IncomeCanada50.20%
Canadian Imperial Bank of Commerce Interest Rate Swap variable 4.29% 24-Jun-2028OtherOtherCanada10.78%
Toronto-Dominion Bank 5.49% 08-Sep-2028Domestic BondsFixed IncomeCanada9.23%
Royal Bank of Canada 4.63% 01-May-2028Domestic BondsFixed IncomeCanada8.50%
Bank of Montreal 4.54% 18-Nov-2028Domestic BondsFixed IncomeCanada8.40%
281838196 Irs Cad R V 00Mc 3281838196_Flo_Ois 4.29% 11-Mar-2028Domestic BondsFixed IncomeCanada7.58%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada7.55%
Transcanada Pipelines Ltd 5.42% 10-Mar-2026Domestic BondsFixed IncomeCanada6.93%
Wells Fargo & Co 5.08% 26-Apr-2027Domestic BondsFixed IncomeCanada6.80%
281837919 Irs Cad R V 00Mc 3281837919_Flo_Ois 4.29% 11-Mar-2027Domestic BondsFixed IncomeCanada6.33%

Performance Data (As of November 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.40 1.34 2.36 4.64 5.38 3.45 2.45 1.53
Benchmark 0.48 1.44 4.29 5.23 6.79 2.06 1.98 1.88
Quartile Ranking 4 4 4 4 4 1 2 3

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 5.53 0.31 -0.38 2.09 2.18 0.02 1.28 1.09 -1.19 1.23
Benchmark 4.92 -3.98 -0.92 5.17 2.98 1.89 0.27 0.90 2.56 3.01
Quartile Ranking 2 1 2 4 4 4 1 3 4 4

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
BofA Merill Lynch Indices used with permission.
© 2024 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.