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Fund Price: $9.98 (as at July 23, 2014)  1-day chg: $.01 0.10%  YTD: 6.31%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month -1.13% 0.52% 0.52%
3 Months -0.09% 1.84% 1.83%
6 Months 5.35% 4.48% 4.43%
1 Year 6.37% 8.18% 8.19%
2 Year Avg 4.35% 6.76% 6.94%
3 Year Avg 5.06% 5.78% 5.94%
4 Year Avg - 7.07% 6.69%
5 Year Avg - 8.46% 8.45%
10 Year Avg - 5.14% 4.97%
15 Year Avg - 4.92% 4.80%
20 Year Avg - 6.46% 5.38%
Since Inception 3.73% - -
 
2013 -1.71% 3.16% 3.45%
2012 13.07% 10.78% 11.05%
2011 -0.20% 3.05% 2.12%
 
3 year risk 5.50 5.24 4.33
3 year beta 0.78 0.97 1.00

*Globe High Yield Fixed Income 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 High Yield Fixed Income Peer Index.

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending Dec 12): 13.07 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Nov 11): -2.87 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

The Fund's objective is to maximize total returns by investing primarily in fixed income securities of emerging market issuers. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of securityholders called for that purpose.

Fund Facts

Fund Sponsor: AGF Investments Inc.
Managed by: AGF Investments Inc.
Fund Type: MF Trust
Inception Date: November 2010
Asset Class: High Yield Fixed Income
Quartile Rank: 3 (3YR ending June 30, 2014)
Total Assets: $159.5 million
Mgmt Exp. Ratio (MER): 1.90%
Management Fee: 1.50%
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 September 30, 2013

Bond Type September 30, 2013

Bond Term September 30, 2013

Top Holdings as at September 30, 2013

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 23, 2014
1 Year Performance (%)
  Russian Federation, 7.85%, MAR/10/18 Bond 4.63   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Government of Mexico, 3.63%, MAR/15/22 Bond 2.46   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Government of Mexico, 6.25%, JUN/16/16 Bond 2.27   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Republic of Poland, 3.75%, APR/25/18 Bond 2.24   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Government of Malaysia, 4.38%, NOV/29/19 Bond 2.09   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Government of Colombia, 7.75%, APR/14/21 Bond 2.03   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Government of Turkey, 9.00%, MAR/08/17 Bond 2.02   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Russian Federation, 7.50%, MAR/31/30 Bond 1.78   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Kingdom of Thailand, 3.25%, JUN/16/17 Bond 1.73   - 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 July 23, 2014)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: None

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 30, 2014 0.0263 0.0263 0.4332 9.890
May 30, 2014 0.0267 0.0267 0.4374 10.030
Apr 30, 2014 0.0288 0.0288 0.4424 9.970
Mar 31, 2014 0.0307 0.0307 0.4456 9.980
Feb 28, 2014 0.0308 0.0308 0.4468 9.930
Jan 31, 2014 0.0277 0.0277 0.4481 9.810
Dec 20, 2013 0.0354 0.0852 0.1205 0.4497 9.620
Nov 29, 2013 0.0290 0.0290 0.3759 9.680
Oct 31, 2013 0.0278 0.0278 0.3805 9.730
Sep 30, 2013 0.0268 0.0268 0.3886 9.472
Aug 30, 2013 0.0303 0.0303 0.3945 9.470
Jul 31, 2013 0.0279 0.0279 0.3983 9.536
Jun 28, 2013 0.0305 0.0305 0.3896 9.720
May 31, 2013 0.0317 0.0317 0.3919 10.035
Apr 30, 2013 0.0319 0.0319 0.3943 10.260
Mar 28, 2013 0.0319 0.0319 0.3948 10.210
Feb 28, 2013 0.0321 0.0321 0.4021 10.405
Jan 31, 2013 0.0293 0.0293 0.4143 10.177

Portfolio Manager(s)

Jean Charbonneau, MBA

AGF Investments Inc.

Start Date: November, 2010

Fund Return: 3.73%

Jean Charbonneau is a seasoned fixed-income manager with more than 25 years of industry experience. Jean joined AGF's award-winning fixed-income team in 2006 as Senior Vice-President and Portfolio Manager. He is lead manager on AGF Global Government Bond Fund and co-manager on AGF Canadian Bond Fund. Since his arrival at AGF, Jean has been instrumental in defining a framework for bond investing that exploits duration, currency, yield curve and credit management to achieve superior results. Although Jean contributes to the general management of all the fixed-income mandates, he specializes in duration management, country mix strategy and emerging market bonds within the team. Jean has extensive experience managing international fixed-income assets for retail and institutional mandates. His experience in the international bond market includes various roles as trader, chief strategist and institutional sales. Jean has also managed retail bond funds throughout his career for a leading investment firm and managed all international fixed-income assets for La Caisse de D�p�t et Placement du Qu�bec. Jean earned a Masters of Business Administration from the University of Sherbrooke and a Bachelor of Commerce (Finance) degree from the University of Ottawa.

Also manages:AGF Canadian Bond, AGF Emerging Markets Balanced, AGF Equity Income Focus, AGF Global Aggregate Bond, AGF Global Government Bd MF Srs, AGF Income Focus, AGF Inflation Focus, AGF World Balanced

View fund manager performance report

Tom Nakamura, CFA

AGF Investments Inc.

Start Date: November, 2010

Fund Return: 3.73%

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, AGF Canadian Money Market Account, AGF Dollar Cost Averaging, AGF Global Aggregate Bond, AGF Global Government Bd MF Srs, AGF High Yield Bond, AGF Inflation Plus Bond, AGF Monthly High Inc Cl MF Srs, AGF Monthly High Income, AGF Short Term Income Class, AGF Total Return Bond, AGF Traditional Balanced, AGF Traditional Income, AGF World Balanced

View fund manager performance report

Tristan Sones, CFA

AGF Investments Inc.

Start Date: November, 2010

Fund Return: 3.73%

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, AGF Canadian Money Market Account, AGF Dollar Cost Averaging, AGF Global Government Bd MF Srs, AGF High Yield Bond, AGF Inflation Plus Bond, AGF Monthly High Inc Cl MF Srs, AGF Monthly High Income, AGF Short Term Income Class, AGF Total Return Bond, AGF Traditional Balanced, AGF Traditional Income, Primerica Canadian Money Market

View fund manager performance report