Guardian Short Duration Bond Fund

Tickers

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NAV:
CAD $
DAILY %
NAV:
CAD $
DAILY %

Series

GCG 503
GCG 603
NAV: 07/23/2021
CAD $10.18
DAILY -0.02%
NAV: 07/23/2021
CAD $9.96
DAILY -0.02%

Overview

The principal objective of the Fund is the provision of current interest income while at the same time preserving capital and seeking opportunities for capital appreciation, while maintaining relatively short portfolio duration, through investment in bonds, debentures, notes or other evidence of indebtedness.

The principal objective of the Fund is the provision of current interest income while at the same time preserving capital and seeking opportunities for capital appreciation, while maintaining relatively short portfolio duration, through investment in bonds, debentures, notes or other evidence of indebtedness.


Asset Class: Fixed Income
Investor Journey: Guardian ProsperTM: Solutions for Decumulation.
Total Fund AUM: CAD $69,084,540.88
Management Fee: 0.80%
Risk Rating: Low
Inception Date: 04/30/2014
Distribution
Frequency:
Quarterly
Asset Class: Fixed Income
Investor Journey: Guardian ProsperTM: Solutions for Decumulation.
Total Fund AUM: CAD $69,084,540.88
Management Fee: 0.30%
Risk Rating: Low
Inception Date: 04/30/2021
Distribution
Frequency:
Quarterly

Portfolio Managers

Derrick Knie, CFA, M.Fin
Portfolio Manager and Senior Credit Analyst - Guardian Capital LP

Learn more about this fund

Highlights

Key reasons to invest

We use a pro-active, disciplined management approach while employing various analytical tools to identify investments that offer value on a relative basis with a view to providing current income while maintaining relatively short portfolio duration and preserving the prospect for some potential capital growth. We adhere to a risk management process that is designed to limit total exposure to individual issuers, diversify exposure to various credit risks, and maintain portfolio liquidity. The Fund may be invested in foreign pay Canadian issues and securities of foreign issuers. A maximum of 30% of the Fund may be held in foreign denominated securities. The Fund does not invest in securities issued by a corporation in respect of which the majority of revenue is derived from the manufacture or distribution of tobacco related products.

We use a pro-active, disciplined management approach while employing various analytical tools to identify investments that offer value on a relative basis with a view to providing current income while maintaining relatively short portfolio duration and preserving the prospect for some potential capital growth. We adhere to a risk management process that is designed to limit total exposure to individual issuers, diversify exposure to various credit risks, and maintain portfolio liquidity. The Fund may be invested in foreign pay Canadian issues and securities of foreign issuers. A maximum of 30% of the Fund may be held in foreign denominated securities. The Fund does not invest in securities issued by a corporation in respect of which the majority of revenue is derived from the manufacture or distribution of tobacco related products.

Calendar Year Performance
YTD 2020 2019 2018 2017 2016 2015 2014
-0.985.792.870.70-0.460.781.930.82

Performance during the Fund’s first year is from its Inception Date to Dec 31 of that same calendar year.

Calendar Year Performance
In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund inception.

Performance during the Fund’s first year is from its Inception Date to Dec 31 of that same calendar year.

Annual Compound Performance
1M3M6MYTD1Y3Y5Y10YS.I
-0.26-0.04-0.98-0.980.612.781.52-1.58

S.I. (Since Inception) is the performance since Inception Date.

Growth of $10,000

Growth of $10,000

In accordance with National Instrument 81-102, performance cannot be shown until a fund has 12 months of performance.

+ Click here for footnotes and fund disclosure Disclaimer:
On April 30, 2021, Series W was renamed Series A.

On April 30, 2021, Series A units reduced their management fee from (1.00%) to (0.80%). Had these changes been in effect prior to this date the performance of the Fund could have been different.

The Inception Date is the start date of investment performance and may not coincide with the date the fund or series was first offered for sale under a prospectus or its legal date of creation.

The Risk Classification of a fund has been determined in accordance with a standardized risk classification methodology in National Instrument 81-102, that is based on the fund’s historical volatility as measured by the 10-year standard deviation of the fund’s returns. Where a fund has offered securities to the public for less than 10 years, the standardized methodology requires that the standard deviation of a reference mutual fund or index that reasonably approximates the fund’s standard deviation be used to determine the fund’s risk rating. Please note that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.

The indicated rates of return in the charts above are used only to illustrate the effects of the compound growth rate and are not intended to reflect the future value of the fund or returns on investment in the fund.

The Growth of $10,000 chart shows the final value of a hypothetical $10,000 investment in securities of this series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

For major events that may affect the performance of a fund in the last 10 years, including, where applicable, its participation in an amalgamation or merger with another fund or a change in its investment objectives or portfolio advisor, please refer to the "History of the Fund" section in the fund's most recently-filed Annual Information Form. The performance of a fund may have been different had events such as these not taken place.

The information contained on this fund page is designed to provide you with general information related to the mutual fund and is not intended to be comprehensive investment advice applicable to the circumstances of the individual. We strongly recommend you to consult with a financial advisor prior to making any investment decisions.

Portfolio

Top 10 Holdings

As of 06/30/2021
Ranks Holdings % Asset Mix
1Bank of Nova Scotia/The6.21
2Guardian Canadian Short Term Invst Fund5.82
3Toyota Credit Canada Inc5.68
4Canadian Government Bond5.25
5Manulife Financial Corp5.04
6Sun Life Financial Inc4.57
7Sun Life Financial Inc4.41
8Canadian Imperial Bank of Commerce4.09
9CARDS II Trust3.38
10Canada Housing Trust No 13.24
Geographic Breakdown
As of 06/30/2021
Asset Mix
As of 06/30/2021
Distributions
Distributions
SI $0.965604
SI $0.05074
 2021$0.057216
Jun-30$.026388
Mar-31$.030828
 2020$0.117937
Dec-31$.028533
Sep-30$.028172
Jun-30$.030866
Mar-31$.030366
 2019$0.114409
Dec-31$.030475
Sep-30$.029029
Jun-28$.030057
Mar-29$.024848
 2018$0.076354
Dec-31$.015600
Sep-28$.020955
Jun-29$.018856
Mar-29$.020943
 2017$0.087759
Dec-29$.020227
Sep-29$.015527
Jun-30$.026349
Mar-31$.025656
 2016$0.149755
Dec-30$.031610
Sep-30$.035225
Jun-30$.041709
Mar-31$.041211
 2015$0.221282
Dec-31$.108612
Sep-30$.037678
Jun-30$.039990
Mar-31$.035002
 2014$0.140892
Dec-31$.019362
Sep-30$.061430
Jun-30$.060100
 2021$0.05074
Jun-30$.050740

For press releases on distributions please click here.

Disclaimer
Distributions are paid in Canadian dollars unless otherwise stated. Each Fund makes distributions in accordance with the distribution policy stated in the Simplified Prospectus. Each of the Funds has the ability to make distributions as returns of capital.
This information is for information purposes only and should not be construed to be tax advice. Your own tax advisor must be consulted for advice. The payment of distributions should not be confused with a fund's performance, rate of return or yield. If distributions paid by the fund are greater than the performance of the fund, distributions paid may include a return of capital and an investor's original investment will decrease. A return of capital is not taxable to the investor, but will generally reduce the adjusted cost base of the securities held for tax purposes. If the adjusted cost base falls below zero, investors will realize capital gains equal to the amount below zero. Future distribution dates may be amended at any time. Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the tax characterization after year-end and not with each distribution. For tax purposes these amounts will be reported annually on official tax statements.

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