(As of 4/30/2024)

Dynamic Investment Grade Floating Rate Fund A

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






Inception Return
(9/9/2013)
1.48 %
YTD Return 1.92 %
NAVPS
(5/24/2024)
$9.32
Change $0.00 / -0.02 %
Growth of $10,000 (As of April 30, 2024)
MER 1.03 %
Assets ($mil) $181.02
Rank (1Yr) 33/270
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 February 29, 2024)
Sector Allocation
(As of February 29, 2024)
Geographic Allocation
(As of February 29, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada16.37%
Bank of Nova Scotia (The) Interest Rate Swap variable May 25 5.33% 25-May-2028OtherOtherCanada9.40%
Toronto-Dominion Bank 5.49% 08-Sep-2028Domestic BondsFixed IncomeCanada8.38%
Ford Credit Canada Co 5.43% 21-Mar-2024Cash and EquivalentsCash and Cash EquivalentCanada8.19%
Royal Bank of Canada 4.63% 01-May-2028Domestic BondsFixed IncomeCanada8.11%
Bank of Montreal 5.04% 29-Apr-2028Domestic BondsFixed IncomeCanada7.19%
Goldman Sachs Group Inc 5.77% 29-Apr-2024Cash and EquivalentsCash and Cash EquivalentCanada6.33%
Toronto-Dominion Bank (The) Interest Rate Swap variable 5.01% 14-Mar-2029OtherOtherCanada6.12%
Toronto-Dominion Bank (The) Interest Rate Swap variable 5.01% 17-Aug-2028OtherOtherCanada5.19%
Bank of Nova Scotia (The) Interest Rate Swap variable 5.35% 17-Feb-2028OtherOtherCanada4.10%

Performance Data (As of April 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.42 1.27 3.09 1.92 5.42 2.45 2.04 1.30
Benchmark -0.40 0.18 3.22 0.04 2.81 0.10 1.20 1.52
Quartile Ranking 1 1 3 1 1 1 1 2

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.