The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Fund Price: $13.79 (as at July 28, 2015)  1-day chg: $-.01 -0.07%  YTD: 1.10%

Returns as at June 30, 2015

  Fund Group Avg Index*
1 Month 0.00% 0.01% 0.01%
3 Months -0.29% -0.03% -0.02%
6 Months 0.95% 1.04% 1.02%
1 Year 1.10% 1.55% 1.43%
2 Year Avg 1.41% 1.86% 1.79%
3 Year Avg 1.22% 1.54% 1.31%
4 Year Avg 1.12% 1.65% 1.62%
5 Year Avg 0.97% 1.81% 1.71%
10 Year Avg 1.35% 2.38% 2.26%
15 Year Avg 1.47% 2.90% 2.84%
20 Year Avg 1.47% 3.58% 3.39%
Since Inception - - -
 
2014 1.19% 1.75% 1.74%
2013 0.97% 0.59% 0.48%
2012 0.98% 1.66% 1.39%
 
3 year risk 0.98 1.54 1.05
3 year beta 0.59 1.12 1.00

*Globe Cdn Short Tm Fixed Inc Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Cdn Short Tm Fixed Inc Peer Index.

Risk Measures as at June 30, 2015

Best/Worst 12 months (since inception)
Best (ending Aug 98): 7.60 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Aug 99): -4.53 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 1 High

Fund Objectives

The Fund�s objective is to provide maximum income while preserving capital and liquidity. It invests primarily in short-term instruments, government guaranteed securities and corporate paper with a minimum A credit rating.

Fund Facts

Fund Sponsor: AGF Investments Inc.
Managed by: AGF Investments Inc.
Fund Type: MF Corp
Inception Date: October 1994
Asset Class: Canadian Short Term Fixed Income
Quartile Rank: 3 (3YR ending June 30, 2015)
Total Assets: $30.0 million
Mgmt Exp. Ratio (MER): 0.88%
Management Fee: 1.00%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$25
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$25
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2014

Bond Type December 31, 2014

Bond Term December 31, 2014

Top Holdings as at December 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 28, 2015
1 Year Performance (%)
  Canada Housing Trust, 1.13%, SEP/15/15 Bond 4.83   -0.29 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  U.S. Treasury, 1.13%, JAN/15/21 Bond 4.23   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  U.S. Treasury, 0.13%, APR/15/17 Bond 4.07   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Enbridge Pipelines, 2.00%, AUG/19/15 Bond 3.96   -0.7 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  U.S. Treasury, 1.88%, JUL/15/15 Bond 3.76   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Financement Quebec, 1.38%, JUN/01/18 Bond 3.74   -0.06 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CDP Financial, 1.72%, JUL/15/15 Bond 3.67   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 1.14%, DEC/03/18 Bond 3.4   0.08 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 1.00%, MAR/15/18 Bond 3.39   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Tristan Sones, CFA

AGF Investments Inc.

Start Date: January, 2000

Fund Return: 1.49%

Tristan is Vice-President and Portfolio Manager at AGF with 15 years of industry experience. As one of the principal members of the award-winning AGF fixed income team, he is responsible for the co-management of domestic and global fixed-income mandates. He is the lead portfolio manager of AGF Global High Yield Bond Fund, AGF Canadian High Yield Bond Fund and AGF Canadian Bond Fund. With a particular focus on credit, Tristan contributes to the team�s analysis of the global macroeconomic landscape, with specific emphasis on global investment grade and non-investment grade debt, as well as U.S. dollar, euro and local currency denominated emerging market debt. Tristan developed his fixed-income expertise by specializing in short-term bonds, money market securities and preferred shares. He joined AGF in 1993 and co-developed a personal financial risk-modeling application for AGF. In 1996, Tristan joined the investment management team as a fixed income analyst and has held positions of greater responsibility over time. Tristan earned an Honours BA in Mathematics from the University of Waterloo, holds the Chartered Financial Analyst designation and is member of the Toronto CFA Society.

Also manages:AGF Canadian Bond MF Series, AGF Canadian Money Market MF Series, AGF Dollar Cost Averaging, AGF Emerging Markets Bond, AGF High Yield Bond MF Series, AGF Inflation Plus Bond, AGF Monthly High Inc Cl MF Srs, AGF Monthly High Income, AGF Total Return Bond, AGF Traditional Income, Primerica Canadian Money Market

View fund manager performance report

Tom Nakamura, CFA

AGF Investments Inc.

Start Date: April, 2006

Fund Return: 1.29%

Tom is a Portfolio Manager at AGF with 9 years of industry experience. Tom is a fixed-income generalist; but within the team, he is responsible for currency management, global high-yield corporate bonds and emerging market sovereign bonds (locally and externally-denominated). Tom has spent his entire investment career at Placements AGF Inc., which he joined in 1998 as an analyst in the Fund Analytics department. In 2000, he was given responsibility to develop procedures and analyze trading and cash management for AGF�s dedicated institutional portfolios. In 2002, he joined the fixed-income team to provide analysis on global fixed-income markets. As an analyst, his responsibilities included credit analysis of investment-grade and high-yield bonds, both domestic and international issues, monitoring of the fixed-income portfolios and their asset allocation and contributing to currency strategy decisions. Tom earned a Bachelor of Commerce at the University of Toronto. He is a member of the Toronto CFA Society and the CFA Institute.

Also manages:AGF Canadian Bond MF Series, AGF Canadian Money Market MF Series, AGF Dollar Cost Averaging, AGF Emerging Markets Bond, AGF Global Aggregate Bond, AGF High Yield Bond MF Series, AGF Inflation Plus Bond, AGF Monthly High Inc Cl MF Srs, AGF Monthly High Income, AGF Total Return Bond, AGF Traditional Income, AGF World Balanced MF Series

View fund manager performance report