WHY INVEST IN DYNAMIC TOTAL RETURN BOND FUND

  • Gain access to an investment strategy emphasizing fundamental and technical analysis with the objective of generating risk adjusted total returns
  • The managers will develop a tactical and strategic view on interest rates as well as the shape of the yield curve and position the portfolio accordingly
  • Flexible mandate allows for tactically trading positions to seek additional growth through capital gains in addition to interest income
  • Strategies to mitigate risk include active security selection, sector diversification, yield curve and duration management and portfolio diversification around interest rate volatility

PORTFOLIO MANAGEMENT

LITERATURE

PERFORMANCE

CALENDAR RETURNS (%) As at 02/29/2024

YTD20232022202120202019201820172016
-1.45.7-12.3-3.67.14.2

COMPOUND RETURNS (%) As at 02/29/2024

1 month3 months6 months1 year3 years5 years10 yearsInception
-0.81.22.22.2-3.1-0.5-0.0

ASSET
ALLOCATION

As at 02/29/2024

valueholding
38.7%Corporate Bonds - CDN
27.6%Federal Govt Bonds - CDN
22.5%Provincial Govt Bonds - CDN
6.8%Cash, Short-Term Investments & Other Net Assets6
3.4%Corporate Bonds - US
0.6%High Yield Bonds ā€“ CDN
0.3%High Yield Bonds - US
0.1%Govt Bonds - US

GEOGRAPHIC
ALLOCATION

As at 02/29/2024

valueholding
94.8%Canada
5.2%United States

SECTOR
ALLOCATION

As at 02/29/2024

valueholding
46.8%Financials
15.1%Energy
12.5%Communication Services
11.3%Utilities
5.0%Consumer Discretionary
4.6%Real Estate
3.4%Industrials
0.5%Health Care
0.5%Corporates
0.2%Energy Infrastructure
0.2%Consumer Staples

TOP BOND HOLDINGS (%)

As at 02/29/2024

Government of Canada, 3.00% Jun. 01 347.3
Government of Canada, 3.250% Dec. 01 337.3
Canada Housing Trust, 3.650% Jun. 15 336.4
Province of Ontario, 3.650% Jun. 02 334.6
Province of Ontario, 2.70% Jun. 02 292.8
Government of Canada, 1.00% Sep. 01 262.4
Province of Quebec, 3.25% Sep. 01 322.3
Government of Canada, 1.75% Dec. 01 532.2
Province of Ontario, 2.55% Dec. 02 522.1
Province of Quebec, 2.85% Dec. 01 532.0
Total allocation in top holdings39.4

FIXED INCOME CHARACTERISTICS

Yield to Maturity (%)4.47
Current yield (%)3.57
Duration (years)4.10
Credit Duration (years)4.03
Average credit ratingA+
Weighted Average Price ($)95.38
Average Coupon (%)3.41

CREDIT QUALITY

As at 02/29/2024

col1col12col3
AAA 35.2%A 14.9%BB 0.9%
AA 22.8%BBB 26.2%B-N/R 0.0%

HISTORICAL DISTRIBUTIONS ($/unit)

2024
Feb
2024
Jan
DecNovOctSepAugJulJunMayAprMar
0.02630.02630.02590.02590.02590.02590.02590.02590.02590.02590.02590.0259

DYNAMIC PREFERRED PRICING

Management fee rates are applied back to dollar one

Fund Value %
$0K - $250K1.400
$250K - $1M1.350
$1M - $5M1.325
$5M+1.275
Notes
  • 1. Name change as of November 2017. Formerly Dynamic Aurion Total Return Bond Fund.
  • 2. For the period ended 2023-06-30.
  • 3. We review the amount of the distribution in January of each year.
  • 4. The yield is determined by annualizing the fixed distribution rate and does not include any distributions in excess of the fixed distribution rate that may be paid at the fundā€™s year-end.
  • 5. Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this mutual fund is a suitable investment for them.
  • 6. Freely tradable cash
Disclaimer
      • . Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.
      • . The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. Investments in mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
      • . Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.
      • . R2 is a measurement out of 100 that shows the extent to which a portfolioā€™s movements can be explained by the benchmark's movements.
        Dynamic Fund Profile rendered at 2024-03-28 18:43:59 PM
        3962

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