Dynamic Advantage Bond

 (MUTF_CA:DYN258)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.21%
   
4 week
   
-0.32%  
3 month   +0.51%
   
YTD   +0.50%
   
1 year   +1.20%
   
3 years*   +1.14%
   
5 years*   +1.86%
   
*annualized
Best 3 month return+8.38%  
Worst 3 month return-7.80%  

Morningstar statistics

Morningstar category: Canadian Fixed Income
  Return Risk Rating
3 years Low Low
5 years Below Average Low
10 years Below Average Low
Overall Below Average Low

Key statistics

Total assets457.32M 
Front load-  
Deferred load-  
Expense ratio-  
Management fee1.25%  
Fund familyDynamic Funds 

Asset allocation

Cash2.23%  
Stocks0.00%  
Bonds97.48%  
Other0.29%  

Purchase information

InitialCA$500  
AdditionalCA$100  
IRA InitialCA$500  
AIP InitialCA$500  
AIP AdditionalCA$100  
4.690.00(0.00%)
Jun 21, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment objective is to achieve income and long-term capital growth. The manager achieves this by investing primarily in a diversified portfolio of convertible debentures and preferred shares issued by companies located around the world. These financial instruments are convertible into equity instruments on predetermined conditions. The companies may be chosen from within any industry sector and may be of all capitalization. The manager assesses the financial parameters of a company and evaluates its management capabilities. In addition, the manager reviews the company's role in its industry, as well as the economic state of the industry itself. The manager also assesses general economic factors including monetary and credit market conditions and the yield curve.
Fund filings (PDF) »
Asset manager:
Michael McHugh (Started: Jul 18, 2006)
Advisor Company:
1832 Asset Management L.P
Fund family reports on Morningstar »
1 Adelaide Street East, 29th Floor
416 363 4179 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.88 0.21 0.67 1.58
Beta* 0.15 0.18 0.37 0.25
Mean annual return 0.12 0.11 0.17 0.30
R-squared* 39.52 14.47 32.51 10.01
Standard deviation 0.85 1.77 2.25 2.97
Sharpe ratio 1.08 0.39 0.56 0.79
* Against standard index

Top 10 holdings