A global fixed-income fund seeking potential interest income.
Is this fund right for you?
- A person who is investing for the medium to longer term and seeking potential for interest income in their portfolio and is comfortable with low to Medium risk.
- A person who is investing for the medium to longer term and seeking potential for interest income in their portfolio and is comfortable with low to Medium risk.
- Since the fund invests in bonds anywhere in the world, its value is affected by changes in interest rates and foreign exchange rates between currencies.
- Since the fund invests in bonds anywhere in the world, its value is affected by changes in interest rates and foreign exchange rates between currencies.
Risk Rating
How is the fund invested?
(as of March 31, 2024)
Asset allocation (%)
|
Name |
Percent |
|
Foreign Bonds |
87.6 |
|
Cash and Equivalents |
8.4 |
|
International Equity |
2.9 |
|
Domestic Bonds |
1.9 |
|
Other |
-0.8 |
Geographic allocation (%)
|
Name |
Percent |
|
Canada |
102.2 |
|
Multi-National |
3.7 |
|
Germany |
2.3 |
|
Chile |
2.3 |
|
Hungary |
2.3 |
|
Egypt |
2.0 |
|
Brazil |
1.9 |
|
Korea, Republic Of |
1.7 |
|
Australia |
1.5 |
|
Other |
-19.9 |
Sector allocation (%)
|
Name |
Percent |
|
Fixed Income |
93.1 |
|
Cash and Cash Equivalent |
8.4 |
|
Mutual Fund |
2.9 |
|
Other |
-4.4 |
Growth of $10,000
(since inception)
Data not available based on date of inception
Fund details
(as of March 31, 2024)
| Top holdings |
% |
| CAD Currency |
95.7 |
| EUR IRS 04/02/2026 REC FIX 20240402 3.16% 02-Apr-2026 |
17.7 |
| EUR IRS 02/06/2026 REC FLT 20240206 3.84% 06-Feb-2026 |
13.5 |
| GBP IRS 3/27/26 REC FLT 20240327 1.19% 27-Mar-2026 |
13.4 |
| JPY IRS TONA 8/9/2028 REC FLT 20230810 -0.04% 10-Aug-2028 |
8.0 |
| FI TRS USD REC IBXXLLTR 09/20/24 20240320 0.00% 20-Sep-2024 |
5.0 |
| Canada Government 0.00% 25-Apr-2024 |
4.6 |
| Malaysia Government 4.50% 15-Apr-2030 |
4.1 |
| EUR IRS 03/07/2029 REC FIX 20240307 2.71% 07-Mar-2029 |
3.5 |
| JAPAN TREASURY DISC BILL 20240213 0.00% 13-Aug-2024 |
3.3 |
| Total allocation in top holdings |
168.8 |
| Portfolio characteristics |
|
| Standard deviation |
6.5% |
| Yield to maturity |
5.2% |
| Duration (years) |
6.8 |
| Coupon |
4.5% |
| Average credit rating |
A |
Understanding returns
Annual compound returns (%)
| 1 MO |
3 MO |
YTD |
1 YR |
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| 3 YR |
5 YR |
10 YR |
INCEPTION |
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Calendar year returns (%)
|
2023 |
2022 |
2021 |
2020 |
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2019 |
2018 |
2017 |
2016 |
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Range of returns over five years
| Best return |
Best period end date |
Worst return |
Worst period end date |
|
Data not available based on date of inception
|
| Average return |
% of periods with positive returns |
Number of positive periods |
Number of negative periods |
|
Data not available based on date of inception
|