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Fund Price: $6.86 (as at February 12, 2016)  1-day chg: $.04 0.59%  YTD: -0.22%

Returns as at January 31, 2016

  Fund Group Avg Index*
1 Month -1.82% -0.11% -0.11%
3 Months -6.93% -0.16% -0.17%
6 Months -7.47% -0.82% -0.82%
1 Year -9.72% -0.70% -0.94%
2 Year Avg -10.32% 0.90% 0.64%
3 Year Avg -9.59% 0.94% 0.82%
4 Year Avg -6.73% 1.10% 0.88%
5 Year Avg -4.80% 1.38% 1.33%
10 Year Avg - 2.28% 2.20%
15 Year Avg - 2.65% 2.52%
20 Year Avg - 3.29% 3.01%
Since Inception -3.47% - -
 
2015 -15.43% 0.51% 0.30%
2014 -6.60% 1.66% 1.74%
2013 -4.88% 0.58% 0.48%
 
3 year risk 8.36 1.78 1.12
3 year beta -1.14 1.00 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 January 31, 2016

Best/Worst 12 months (since inception)
Best (ending Jun 11): 13.77 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Aug 15): -16.96 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: 8 High

Fund Objectives

Dynamic Short Term Bond Fund seeks to provide a high level of interest income while preserving capital and maintaining liquidity.

Fund Facts

Fund Sponsor: Dynamic Funds
Managed by: 1832 Asset Management L.P.
Fund Type: MF Trust
Inception Date: January 2010
Asset Class: Canadian Short Term Fixed Income
Quartile Rank: 4 (3YR ending January 31, 2016)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 1.45%
Management Fee: 0.65%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$100
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation October 31, 2015

Bond Type October 31, 2015

Bond Term October 31, 2015

Top Holdings as at October 31, 2015

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at February 12, 2016
1 Year Performance (%)
  Province of Ontario, 0.99%, DEC/03/18 Bond 9.88   -1.06 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ontario Province 1.121% 12-Apr-2016 Bond 7.32   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  First Capital Realty, 5.85%, JAN/31/17 Bond 4.68   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Shaw Communications, 6.15%, MAY/09/16 Bond 3.74   -4.58 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Westcoast Energy Inc 3.280% 15-Jan-2016 Bond 3.7   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Emera Inc 2.960% 13-Dec-2016 Bond 3.25   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Suncor Energy Inc 5.800% 22-May-2018 Bond 3.11   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Anheuser-Busch Inbev Worldwide Inc 3.650 Bond 3.07   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Lower Mattagami Energy, 2.23%, OCT/23/17 Bond 3.06   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Brookfield Renwb 6.13% 11/30/16 Sr:6 Bond 3.03   - 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 February 12, 2016)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jan 29, 2016 0.0147 0.0147 0.1989 6.750
Dec 21, 2015 0.0148 0.0148 0.2025 6.810
Nov 27, 2015 0.0155 0.0155 0.2076 7.140
Oct 30, 2015 0.0158 0.0158 0.2125 7.300
Sep 25, 2015 0.0155 0.0155 0.2173 7.180
Aug 28, 2015 0.0156 0.0156 0.2225 7.240
Jul 31, 2015 0.0158 0.0158 0.2283 7.390
Jun 26, 2015 0.0167 0.0167 0.2339 7.810
May 29, 2015 0.0186 0.0186 0.2390 7.760
Apr 24, 2015 0.0190 0.0190 0.2417 7.970
Mar 27, 2015 0.0184 0.0184 0.2437 7.730
Feb 27, 2015 0.0185 0.0185 0.2462 7.800
Jan 30, 2015 0.0182 0.0182 0.2487 7.680
Dec 22, 2014 0.0199 0.0199 0.2513 8.330
Nov 28, 2014 0.0203 0.0203 0.2531 8.510
Oct 31, 2014 0.0206 0.0206 0.2547 8.630
Sep 26, 2014 0.0208 0.0208 0.2563 8.720
Aug 29, 2014 0.0214 0.0214 0.2580 8.990

Portfolio Manager(s)

Domenic Bellissimo, MBA, CFA

1832 Asset Management L.P.

Start Date: January, 2010

Fund Return: 1.58%

Domenic Bellissimo joined Dynamic in 2005 as a key member of the Fixed Income team working with Michael McHugh. Domenic leads the Toronto based credit team, which is responsible for managing approximately $8 billion in assets. Domenic has 21 years of industry experience and brings in-depth knowledge and a disciplined process to the analysis of North American corporate credits. He is the lead manager of the Dynamic Corporate Bond Strategies Fund and Class and Dynamic Short Term Bond Fund, as well as co-manager of the Dynamic Advantage Bond Fund and Class, Dynamic Strategic Bond Fund and several balanced fund mandates. Prior to joining Dynamic, he was a senior analyst, public markets at OMERS (Ontario Municipal Employees Retirement System) for three years and also worked in the Bank of Nova Scotia's global risk management division for four years. Domenic has an MBA from the Schulich School of Business and received his CFA designation in 2001.

Also manages:DMP Value Balanced Class-Sr A, Dynamic Advantage Bond Class-Sr A, Dynamic Advantage Bond-Sr A, Dynamic Blue Chip Balanced-Sr A, Dynamic Blue Chip U.S. Bal Cl-Sr A, Dynamic Corp Bond Strat Cl-Sr A, Dynamic Corp Bond Strat-Sr A, Dynamic Value Balanced-Sr A

View fund manager performance report

Michael McHugh, MA, CFA

1832 Asset Management L.P.

Start Date: January, 2010

Fund Return: 1.58%

Award-winning Portfolio Manager Michael McHugh joined Dynamic in 1996. He is responsible for the management of over $8 billion in fixed-income assets. Michael has 27 years of industry experience, beginning his investment career in 1986 as an equity research analyst at Walwyn Stodgell Cochrane Murray. In 1989, he joined the Hospitals of Ontario Pension Plan, where he managed private debt and equity portfolios and, in 1993, he managed fixed-income portfolios for the Ontario Hospital Association Investment Management Inc. Michael holds both an Honours Bachelor of Arts and a Masters degree in economics. He received his Chartered Financial Analyst designation in 1991.

Also manages:Dynamic Advantage Bond Class-Sr A, Dynamic Advantage Bond-Sr A, Dynamic Canadian Bond-Sr A, Dynamic Diversified Real Asset-Sr A, Dynamic Dividend Income Cl-Sr A, Dynamic Dividend Income-Sr A, Dynamic Global Asset Alloc Cl-Sr A, Dynamic Global Asset Alloc-Sr A, Dynamic Money Market-Sr A, Dynamic Real Return Bond-Sr A, Dynamic Strategic Bond-Sr A, Dynamic Strategic Yield Cl-Sr A, Dynamic Strategic Yield-Sr A, Marquis Institutional Bond Pt-Sr A, Scotia U.S. $ Balanced, Sun Life Dynamic Strategic Yield

View fund manager performance report