WHY INVEST IN DYNAMIC CREDIT ABSOLUTE RETURN II FUND

  • Access to an alternative portfolio strategy, that invests in diversified long and short positions of North American credit securities
  • Flexibility to use leverage to potentially enhance total returns while maintaining an investment grade credit rating
  • Low exposure to interest rate risk and a low correlation to traditional asset classes
  • Ability to generate returns throughout a complete credit cycle

PORTFOLIO MANAGEMENT

LITERATURE

PERFORMANCE

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

YTD20232022202120202019201820172016
ā€”4.10.93.15.6

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

1 month3 months6 months1 year3 years5 years10 yearsInception
1.31.93.3

GEOGRAPHIC
ALLOCATION

As at 10/31/2023

valueholding
65.2%Canada
34.8%United States

FIXED INCOME CHARACTERISTICS

Yield to Maturity (%)644.00
Current yield (%)0.10
Duration (years)0.70
Credit Duration (years)-1.43
Average credit ratingAA-
Weighted Average Price ($)96.93
Average Coupon (%)n/a

CREDIT QUALITY

As at 10/31/2023

col1col12col3
AAA 3.7%BBB -5.5%CCC 0.0%
AA -11.6%BB 10.3%NR 0.6%
A 102.0%B 0.5%

HISTORICAL DISTRIBUTIONS ($/unit)

2024
Feb
2024
Jan
DecNovOctSepAugJulJunMayAprMar
0.04960.04980.04890.04990.04760.04370.04110.0406

DYNAMIC PREFERRED PRICING

Management fee rates are applied back to dollar one

Fund Value %
$0K - $250K1.800
$250K - $1M1.725
$1M - $5M1.675
$5M+1.625
Notes
  • 1. For the period ended 2023-06-30.
  • 2. Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this mutual fund is a suitable investment for them.
  • 3. Freely tradable cash
Disclaimer
  • . The benchmark used for analytics for this fund is 67% HFRI RV: Fixed Income - Corporate Index / 33% HFRI ED: Credit Arbitrage Index (U$) (M).
    • . 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.
      • . Standard deviation is a measure of volatility; it shows how broadly the Fund's returns have varied over a given time period.
      Dynamic Fund Profile rendered at 2024-03-28 20:22:04 PM
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