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Canoe Bond Advantage Portfolio Class Series A
Canadian Fixed Income
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FundGrade B
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FundGrade A+® Rating Recipient
2018
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|
NAVPS (05-13-2026) |
$8.84 |
|---|---|
| Change |
$0.00
(0.02%)
|
As at April 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (January 10, 2012): 1.86%
| 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 | -0.03% | -0.63% | -0.89% | -0.30% | 1.87% | 4.94% | 3.07% | 3.11% | 0.50% | -0.34% | 0.79% | 1.26% | 0.88% | 1.28% |
| 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 | 0.25% | -0.43% | -0.87% | 0.14% | 1.34% | 4.66% | 2.76% | 2.41% | 0.12% | 0.07% | 0.92% | 1.35% | 1.04% | 1.18% |
| Category Rank | 471 / 491 | 439 / 487 | 340 / 486 | 469 / 487 | 211 / 471 | 266 / 437 | 202 / 412 | 133 / 402 | 207 / 388 | 304 / 368 | 268 / 354 | 255 / 329 | 238 / 305 | 169 / 272 |
| Quartile Ranking | 4 | 4 | 3 | 4 | 2 | 3 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 3 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.38% | 0.78% | -0.21% | 0.44% | 1.55% | 0.59% | 0.13% | -0.72% | 0.34% | 1.06% | -1.65% | -0.03% |
| 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
4.74% (July 2022)
Worst Monthly Return Since Inception
-4.11% (April 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.56% | 3.35% | 0.97% | 4.13% | 7.34% | -3.98% | -11.33% | 6.44% | 2.20% | 4.87% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | 2 | 1 | 2 | 4 | 4 | 4 | 2 | 2 | 4 | 1 |
| Category Rank | 132/ 265 | 16/ 298 | 119/ 319 | 333/ 348 | 324/ 360 | 369/ 382 | 111/ 399 | 199/ 407 | 408/ 430 | 15/ 468 |
Best Calendar Return (Last 10 years)
7.34% (2020)
Worst Calendar Return (Last 10 years)
-11.33% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 67.82 |
| Foreign Government Bonds | 21.94 |
| Cash and Equivalents | 4.53 |
| Canadian Bonds - Other | 3.60 |
| Mortgages | 1.68 |
| Other | 0.43 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 95.48 |
| Cash and Cash Equivalent | 4.52 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Canoe Bond Advantage Fund Series I | 98.95 |
| Cash and Cash Equivalents | 1.05 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canoe Bond Advantage Portfolio Class Series A
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 5.20% | 6.27% | 5.40% |
|---|---|---|---|
| Beta | 0.90 | 1.01 | 0.98 |
| Alpha | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.84% | 0.90% | 0.92% |
| Sharpe | -0.09 | -0.35 | -0.09 |
| Sortino | 0.05 | -0.50 | -0.40 |
| Treynor | -0.01 | -0.02 | 0.00 |
| Tax Efficiency | 49.66% | - | 12.06% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.94% | 5.20% | 6.27% | 5.40% |
| Beta | 0.71 | 0.90 | 1.01 | 0.98 |
| Alpha | 0.01 | 0.00 | 0.00 | 0.00 |
| Rsquared | 0.86% | 0.84% | 0.90% | 0.92% |
| Sharpe | -0.17 | -0.09 | -0.35 | -0.09 |
| Sortino | -0.48 | 0.05 | -0.50 | -0.40 |
| Treynor | -0.01 | -0.01 | -0.02 | 0.00 |
| Tax Efficiency | 16.05% | 49.66% | - | 12.06% |
Fund Details
| Start Date | January 10, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GOC701 | ||
| GOC702 |
Investment Objectives
The Fund aims to provide a return that is similar to the return of Canoe Bond Advantage Fund (the Underlying Fund), a Canadian bond mutual fund managed by the Manager, or by an affiliate or associate of the Manager. The Fund invests indirectly through the Partnership primarily in securities of the Underlying Fund and/or it may invest some or all of its net assets indirectly through the Partnership in securities similar to those held by the Underlying Fund.
Investment Strategy
Currently, the Fund seeks to achieve its investment objectives by investing substantially all of its net assets indirectly through the Partnership in units of the Underlying Fund. The Fund may also invest indirectly through the Partnership in securities similar to those held by the Underlying Fund.
Portfolio Management
| Portfolio Manager |
Canoe Financial LP
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Canoe Financial LP |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
International Financial Data Services (Canada) Ltd |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.60% |
|---|---|
| Management Fee | 1.25% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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