The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Fund Price: $11.84 (as at August 28, 2014)  1-day chg: $-.0015 -0.01%  YTD: 7.37%

Returns as at July 31, 2014

  Fund Group Avg Index*
1 Month 1.32% 0.30% 1.24%
3 Months 0.99% 0.69% -0.59%
6 Months 2.35% 2.19% 0.24%
1 Year 9.89% 6.54% 10.59%
2 Year Avg 5.28% 3.36% 4.28%
3 Year Avg 7.30% 3.81% 5.00%
4 Year Avg 6.15% 3.61% 4.00%
5 Year Avg 6.37% 3.69% 3.18%
10 Year Avg 2.85% 2.59% 2.71%
15 Year Avg 2.69% 2.70% 3.08%
20 Year Avg - 3.99% 4.34%
Since Inception 3.74% - -
 
2013 1.21% 0.28% 2.44%
2012 7.37% 5.19% -0.60%
2011 9.03% 5.34% 8.99%
 
3 year risk 5.61 5.12 7.09
3 year beta 0.65 0.33 1.00

*Citigroup World Government Bond Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Citigroup World Government Bond Index.

Risk Measures as at July 31, 2014

Best/Worst 12 months (since inception)
Best (ending Dec 02): 17.54 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Apr 06): -15.77 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: 6 High

Fund Objectives

To provide a high level of income and some capital growth while attempting to preserve capital, by investing primarily in debt securities denominated in foreign currencies issued by Canadian or non-Canadian governments or corporations, and international agencies such as the International Bank for Reconstruction and Development, also known as the World Bank.

Fund Facts

Fund Sponsor: CIBC Securities Inc.
Managed by: Brandywine Global Investment Management, LLC
Fund Type: MF Trust
Inception Date: November 1994
Asset Class: Global Fixed Income
Quartile Rank: 1 (3YR ending July 31, 2014)
Total Assets: $37.5 million
Mgmt Exp. Ratio (MER): 2.07%
Management Fee: 1.50%
Load Type: No Load
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 July 31, 2013

Bond Term July 31, 2013

Bond Geographic Breakdown July 31, 2013

Top Holdings as at July 31, 2013

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at August 28, 2014
1 Year Performance (%)
  U.S. Treasury, 0.25%, DEC/15/14 Bond 16.83   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  United Kingdom Gilt, 2.75%, JAN/22/15 Bond 11.23   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  U.S. Treasury, 0.25%, SEP/30/14 Bond 8.09   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  U.S. Treasury, 2.88%, MAY/15/43 Bond 4.94   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Mexican Bonos, 8.50%, NOV/18/38 Bond 4.35   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  New South Wales Treasury Corp., 6.00%, APR/01/16 Bond 4.21   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Republic of Korea, 5.75%, SEP/10/18 Bond 3.47   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  RDA CIBC, 0.00%, DEC/31/49 Bond 3.32   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Republic of Italy, 5.00%, AUG/01/39 Bond 3.15   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Queensland Treasury Corp., 6.25%, FEB/21/20 Bond 2.75   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to August 28, 2014)

Frequency of Income Distributions: Annually

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 30, 2014 0.0378 0.0378 0.0973 11.629
Mar 31, 2014 0.0345 0.0345 0.0812 11.743
Sep 30, 2013 0.0250 0.0250 0.0989 10.864
Jun 28, 2013 0.0217 0.0217 0.1233 11.110
Mar 28, 2013 0.0372 0.0372 0.1540 11.049

Portfolio Manager(s)

Brandywine Global Asset Mgmt-Mgmt Team

Brandywine Global Investment Management, LLC

Start Date: November, 2006

Fund Return: 4.91%

Also manages:Legg Mason (BW) Glb Fix Inc Inv Gr, Legg Mason Brandywine CV US Equity, Renaissance Global Bond, Renaissance Optimal Inc Port Cl A

View fund manager performance report