Bond Asset Allocation Dashboard

Introduction

The dashboard shows the details of your bond asset allocation. Please login to Canopy (under analytics) for more information.

Notes:

• Time Period for Calculations: All calculations are from the initial investment made in the security/bond till date.
• Currency of Calculation: Unless otherwise specified all calculations are in USD. All investments in non-USD currencies are converted into USD at the prevailing spot rate (i.e. IRR will take Fx movement into account for non-USD investments).
• Bond Rating: pulled from Bloomberg source.
• Yield to call formula: 

  The yield to call is the rate of return that an investor would earn if he bought a callable bond at its current market price and held it until the call date given that the bond was called on the call date. It represents the discount rate which equates the discounted value of a bond's future cash flows to its current market price given that the bond is called on the call date. This is illustrated by the following equation:

  

  where

  • B₀ = the bond price,
  • C = the annual coupon payment,
  • CP = the call price,
  • YTC = the yield to call on the bond, and
  • CD = the number of years remaining until the call date.