Dynamic High Yield Bond

 (MUTF_CA:DYN435)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.51%
   
1 week
   
-0.89%  
4 week
   
-1.38%  
3 month
   
-1.19%  
YTD   +3.88%
   
1 year   +5.74%
   
3 years*   +3.99%
   
5 years*   +5.66%
   
*annualized
Best 3 month return+18.54%  
Worst 3 month return-22.09%  

Morningstar statistics

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

Key statistics

Total assets869.97M 
Front load-  
Deferred load-  
Expense ratio-  
Management fee1.85%  
Fund familyDynamic Funds 

Asset allocation

Cash1.76%  
Stocks0.17%  
Bonds91.55%  
Preferred3.44%  
Other3.09%  

Purchase information

InitialCA$500  
AdditionalCA$100  
IRA InitialCA$500  
AIP InitialCA$500  
AIP AdditionalCA$100  
1.98+0.01(0.51%)
Sep 30, 4:30PM EDT Overall Morningstar RatingTM

Description

The investment objective is to provide above-average interest income and some potential for long-term capital growth. The manager achieves this by investing mainly in Canadian corporate bonds (typically rated BBB and below, including corporate bonds that may have gone into default), preferred shares, income trusts, dividend-paying common shares, and short-term debt securities. The companies may be chosen from all capitalization and industry sectors. The manager analyzes the prospects for a particular issue and its sector as well as general economic factors including monetary and credit market conditions and the yield curve.
Asset manager:
Marc-Andr´┐Ż Gaudreau (Started: Mar 26, 2013)
Advisor Company:
1832 Asset Management L.P
1 Adelaide Street East, 29th Floor
416 363 4179 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 2.62 -0.93 2.57 1.28
Beta* 0.24 0.30 0.30 0.29
Mean annual return 0.55 0.32 0.55 0.40
R-squared* 24.44 13.07 13.55 21.42
Standard deviation 2.97 3.78 4.36 5.49
Sharpe ratio 1.93 0.75 1.32 0.52
* Against standard index

Top 10 holdings