Key stats
About NINEPOINT DIVERSIFIED BOND FUND
Expense ratio
1.01%
Home page
Inception date
Nov 17, 2020
The fund aims to maximize total return and provide income by primarily holding debt and debt-like securities of corporate and government issuers from around the world. The fund manager takes a flexible approach to allocate exposure across the fixed income spectrum depending on its view of economic and market conditions. In addition, the manager picks its investments in an effort to take advantage of the credit cycle and the differences in currencies, interest rates and credits between countries based on global macroeconomic and political analysis. The fund has no restrictions on the securities credit rating, but it may invest a large portion in high yield debts. Any foreign currency exposure is generally hedged back to the Canadian dollar if deemed appropriate by the manager. NBND is monitored and rebalanced intra-day as appropriate using both qualitative and quantitative measures. In particular, it is reviewed under different stress testing scenarios.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate93.32%
Government5.37%
Securitized4.05%
Cash3.85%
Rights & Warrants−0.23%
Miscellaneous−6.36%