Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Dynamic Credit Opportunities Fund Series A
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$10.16 |
|---|---|
| Change |
-$0.01
(-0.05%)
|
As at April 30, 2026
As at February 28, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (September 25, 2023): 6.65%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.89% | 0.94% | 2.19% | 1.58% | 7.32% | 5.33% | - | - | - | - | - | - | - | - |
| Benchmark | 0.06% | -0.26% | -0.74% | 0.36% | 1.56% | 5.13% | 3.07% | 2.76% | 0.70% | 0.18% | 1.34% | 1.91% | 1.59% | 1.73% |
| Category Average | 0.80% | 0.58% | 1.70% | 1.30% | 6.26% | 6.47% | 6.27% | 5.32% | 3.62% | 5.20% | 4.26% | - | - | - |
| Category Rank | 56 / 149 | 35 / 145 | 38 / 145 | 47 / 145 | 38 / 133 | 72 / 110 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 1 | 2 | 2 | 2 | 3 | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.46% | 1.29% | 0.84% | 0.66% | 0.34% | 0.32% | 0.34% | 0.26% | 0.64% | 1.01% | -0.95% | 0.89% |
| Benchmark | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% |
Best Monthly Return Since Inception
1.48% (February 2024)
Worst Monthly Return Since Inception
-0.96% (April 2025)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | 7.66% | 6.22% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | - | - | - | - | 3 | 2 |
| Category Rank | - | - | - | - | - | - | - | - | 64/ 110 | 47/ 131 |
Best Calendar Return (Last 10 years)
7.66% (2024)
Worst Calendar Return (Last 10 years)
6.22% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 54.16 |
| Canadian Corporate Bonds | 49.73 |
| Foreign Government Bonds | 18.26 |
| Foreign Bonds - Other | 2.07 |
| US Equity | 0.39 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 118.96 |
| Cash and Cash Equivalent | -18.18 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 4.75% 15-Aug-2055 | 17.76 |
| Markit CDX North American High Yield Index 45 Swap 1.00% 20-Dec-2030 | 17.16 |
| EchoStar Corp 10.75% 30-Nov-2029 | 8.97 |
| Frontier Comms Holdings LLC 6.00% 15-Jan-2030 | 6.48 |
| Top Aces Inc 7.00% 18-Feb-2031 | 6.01 |
| First Quantum Minerals Ltd 6.37% 15-Feb-2036 | 5.04 |
| Bausch + Lomb Corp 8.38% 01-Oct-2028 | 4.66 |
| North American Construction Group Ltd 7.75% 01-May-2030 | 4.20 |
| U.S. DOLLARS | 3.81 |
| Constellation Oil Srvc Hldg SA 9.38% 07-Nov-2029 | 3.79 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
3 Yr Annualized
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.16% | - | - | - |
| Beta | 0.26 | - | - | - |
| Alpha | 0.07 | - | - | - |
| Rsquared | 0.21% | - | - | - |
| Sharpe | 2.19 | - | - | - |
| Sortino | - | - | - | - |
| Treynor | 0.18 | - | - | - |
| Tax Efficiency | 45.45% | - | - | - |
Fund Details
| Start Date | September 25, 2023 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $85 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DYN3136 |
Investment Objectives
The Fund seeks to generate absolute returns over a complete market cycle through long and short positions in primarily corporate debt securities. The Fund will use alternative investment strategies including the use of leverage.
Investment Strategy
To achieve the Fund’s investment objectives, the Fund will follow a comprehensive top-down and bottom-up investment process focused on the risk-reward relationship of individual credit investments inside a diversified portfolio
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
- |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 2.54% |
|---|---|
| Management Fee | 1.80% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
