Beutel Goodman Core Plus Bond Fund
Beutel Goodman Core Plus Bond Fund seeks long-term capital appreciation through an actively managed portfolio invested primarily in a diversified set of Canadian government and corporate bonds with an average credit rating of BBB or higher. The average term of the Fund may range from 6-15 years. The Fund combines Beutel Goodman’s long-established process of macro-driven duration management, yield-curve positioning and credit allocation within the core fixed-income portion of the portfolio. The Fund also has the ability to tactically allocate to “Plus” fixed-income asset classes, which may include global high-yield credit, global investment-grade credit, hybrids, preferred shares, emerging market debt, sovereign debt and infrastructure, as well as bonds rated below BBB.
Beutel Goodman Core Plus Bond Fund was a recipient of the 2023 Fundata FundGrade A+® Award in the Canadian Fixed Income category out of a total of 311 funds. The Fund was judged from a period beginning January 31, 2014, and the FundGrade was calculated on December 31, 2023. Note: ratings are subject to change every month. Please see details at the bottom of the page.
all data as at 31 March 2024, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 0.49 | -1.17 | 1.68 | -0.60 | -2.02 | 0.25 | 1.42 | -1.17 | 1.73 |
Calendar Year Returns (%)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|
| 6.23 | -12.67 | -1.98 | 9.86 | 6.91 | 0.16 | 2.49 | 2.65 | 0.10 | 5.75 |
Daily Pricing History
| Date | Nav ($) | Change ($) | Change (%) |
|---|---|---|---|
all data as at 31 March 2024, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 0.53 | -1.06 | 2.14 | -0.15 | -1.58 | 0.69 | 1.87 | -1.06 | 4.20 |
Calendar Year Returns (%)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|
| 6.72 | -12.28 | -1.54 | 10.33 | 7.38 | 0.60 | 2.95 | 3.10 | 0.55 | 6.20 |
Daily Pricing History
| Date | Nav ($) | Change ($) | Change (%) |
|---|---|---|---|
all data as at 31 March 2024, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 0.54 | -1.03 | 2.26 | -0.03 | -1.47 | 0.81 | 1.99 | -1.03 | 2.30 |
Calendar Year Returns (%)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|
| 6.84 | -12.18 | -1.43 | 10.45 | 7.49 | 0.73 | 3.07 | 3.24 | 0.68 | 6.35 |
Daily Pricing History
| Date | Nav ($) | Change ($) | Change (%) |
|---|---|---|---|
Portfolio Analysis
Top 10 Holdings
as at 29 February 2024
| Company | % |
|---|---|
| Ontario 3.650 Jun-02-33 | 8.4 |
| Canada 3.250 Dec-01-33 | 4.2 |
| Quebec 3.600 Sep-01-33 | 3.5 |
| Canada 2.000 Dec-01-51 | 3.2 |
| Alberta 2.050 Jun-01-30 | 3.1 |
| Ontario 3.500 Jun-02-43 | 3.1 |
| Canada 2.750 Jun-01-33 | 3.0 |
| Ontario 3.450 Jun-02-45 | 2.2 |
| Quebec 3.500 Dec-01-45 | 2.0 |
| 407 International 1st Lien 6.470 Jul-27-29 | 1.9 |
Documents
| Fund Facts, Beutel Goodman Core Plus Bond Fund, Class B |
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| Fund Facts, Beutel Goodman Core Plus Bond Fund, Class D |
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| Fund Facts, Beutel Goodman Core Plus Bond Fund, Class F |
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| Quarterly Portfolio Disclosure |
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| Annual Distributions |
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Portfolio Managers
Fixed IncomeFundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata. The FundGrade A+® rating is used with permission from Fundata Canada Inc., all rights reserved. Fundata is a leading provider of market and investment funds data to the Canadian financial services industry and business media. The Fund-Grade A+® rating identifies funds that have consistently demonstrated the best risk-adjusted returns throughout an entire calendar year. For more information on the rating system, please visit www.Fundata.com/ProductsServices/FundGrade.aspx.
