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 May 2025, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 0.17 | -1.12 | 6.88 | 4.48 | 3.08 | 0.22 | 1.58 | 1.02 | 2.03 |
Performance Start Date:
01 October 2010
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 4.24 | 6.23 | -12.67 | -1.98 | 9.86 | 6.91 | 0.16 | 2.49 | 2.65 | 0.10 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
all data as at 31 May 2025, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 0.21 | -1.00 | 7.36 | 4.96 | 3.55 | 0.67 | 2.03 | 1.21 | 4.28 |
Performance Start Date:
01 October 1999
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 4.72 | 6.72 | -12.28 | -1.54 | 10.33 | 7.38 | 0.60 | 2.95 | 3.10 | 0.55 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
all data as at 31 May 2025, except where indicated
Performance
Returns (%)
| 1 month | 3 months | 1 year | 2 years | 3 years | 5 years | 10 years | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| 0.22 | -0.97 | 7.49 | 5.08 | 3.67 | 0.79 | 2.16 | 1.25 | 2.61 |
Performance Start Date:
01 October 2010
Calendar Year Returns (%)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| 4.84 | 6.84 | -12.18 | -1.43 | 10.45 | 7.49 | 0.73 | 3.07 | 3.24 | 0.68 |
| Date | NAV ($) | Price Change ($) | Price Change (%) | Distribution Amount ($) |
|---|---|---|---|---|
Portfolio Analysis
Top 10 Holdings
as at 30 April 2025
| Company | % |
|---|---|
| Canada 3.250 Jun-01-35 | 4.7 |
| Quebec 4.450 Sep-01-34 | 4.7 |
| Canada 3.250 Dec-01-34 | 4.2 |
| Ontario 4.150 Jun-02-34 | 3.8 |
| Ontario 1.900 Dec-02-51 | 3.6 |
| Canada 3.000 Jun-01-34 | 3.4 |
| Ontario 3.500 Jun-02-43 | 3.2 |
| Canada 5.000 Jun-01-37 | 2.2 |
| Alberta 4.150 Jun-01-33 | 2.0 |
| Atkinsrealis Group 5.700 Mar-26-29 | 1.9 |
Documents
| Fund Facts, Beutel Goodman Core Plus Bond Fund, Class B |
|
| Fund Facts, Beutel Goodman Core Plus Bond Fund, Class D |
|
| Fund Facts, Beutel Goodman Core Plus Bond Fund, Class F |
|
| Quarterly Portfolio Disclosure |
|
| Annual Distributions |
|
