• NAV $7.88 02-Oct-2025
  • -$0.17 / -2.11% Daily NAV change
  • -0.05% YTD return
  • MARKET PRICE 02-Oct-2025
  • $7.90   
  • Inception 01-Feb-2024
  • Aggregate exposure
    Long 107.0%
    Short -48.3%
    Net 58.7%
    Cash 41.3%
    31-Aug-2025
  • Aggregate assets
    (all series)
    $1.158B
    30-Sep-2025
  • Units outstanding 4,990,000
    03-Oct-2025
  • Management fee 1.15%
  • MER 1.53%
    31-Dec-2024
  • Investment program DRIP
  • Distributions Annually
  • Benchmark MSCI World Index
  • Exchange Cboe CA
  • CUSIP 31623A828
  • Morningstar category Alternative Equity Focused
  • Also available through: Trust US$, Trust CDN$ and Trust T-Series S5
  • Get ETF Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Why invest in this fund?

  • Seeks to exploit mispricing of value oriented stocks
  • Utilizes a combination of long and short positions
  • Potential complement to traditional portfolios.

Calendar returns (%) 30-Sep-2025

YTD 2025
ETF (NAV) 1.20
ETF (Market price) -

Standard period returns (%) 30-Sep-2025

1 mo 3 mo 6 mo 1 yr Inception
ETF (NAV) -7.52 -2.39 -13.59 -14.27 -12.72
ETF (Market price) - - - - -

Risk measures (%) 31-Aug-2025

Fund
Annualized standard deviation 23.18
Beta -0.97
0.22

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a high volatility rating

Allocation

Asset mix (%)

31-Aug-2025
Long Short Net
Foreign Equities 99.6 -47.6 52.0
Canadian Equities 7.5 -0.7 6.8
Cash & Other 42.8 -1.6 41.3

Country mix (%)

31-Aug-2025
Long Short Net
United Kingdom 25.6 - 25.6
United States 63.3 -43.2 20.1
France 10.3 - 10.3
China 7.0 - 7.0
Canada 7.5 -0.7 6.8
Germany 6.2 -0.8 5.4
Switzerland 3.1 - 3.1
South Korea 2.3 - 2.3
Japan 1.8 - 1.8
Denmark 1.7 - 1.7
Brazil 1.5 - 1.5
Netherlands 1.5 - 1.5
Multinational - - -
Sweden - -0.5 -0.5
Australia - -3.1 -3.1

Sector mix (%)

31-Aug-2025
Long Short Net
Consumer Staples 49.0 - 49.0
Health Care 21.0 -3.1 17.9
Industrials 10.3 -2.8 7.5
Communication Services 11.3 -3.9 7.4
Utilities 3.1 -1.8 1.4
Real Estate 0.2 - 0.2
Consumer Disc. 5.5 -9.4 -4.0
Financials 3.3 -12.8 -9.6
Information Technology 3.4 -14.5 -11.1

Top ten holdings

LONG

  1. British American Tobacco
  2. Imperial Brands
  3. Bayer
  4. Diageo
  5. Metro
  6. Target
  7. Pernod-Ricard
  8. Nestlé (Reg.)
Top ten long holdings aggregate 34.1%

SHORT

  1. Palantir Technologies Inc.
  2. Carvana
Top ten short holdings aggregate -8.0%
Top ten holdings aggregate 26.1%
Total number of holdings 99

LONG

  1. Imperial Brands
  2. British American Tobacco
  3. Bayer
  4. Diageo
  5. Nestlé (Reg.)
  6. Ambev
  7. Metro
  8. Dollar Tree
  9. Johnson & Johnson
  10. Pernod-Ricard
Top ten long holdings aggregate 35.8%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 35.8%
Total number of holdings 103

LONG

  1. Diageo
  2. British American Tobacco
  3. Imperial Brands
  4. REMY COINTREAU SA
  5. Metro
  6. Bayer
  7. Nestlé (Reg.)
  8. Pernod-Ricard
Top ten long holdings aggregate 32.3%

SHORT

  1. Palantir Technologies Inc.
  2. Carvana
Top ten short holdings aggregate -7.8%
Top ten holdings aggregate 24.5%
Total number of holdings 85

LONG

  1. Bayer
  2. Imperial Brands
  3. British American Tobacco
  4. Diageo
  5. JD.COM INC SPON ADR
  6. Metro
  7. Johnson & Johnson
  8. Pfizer
Top ten long holdings aggregate 30.5%

SHORT

  1. Carvana
  2. Palantir Technologies Inc.
Top ten short holdings aggregate -8.8%
Top ten holdings aggregate 21.7%
Total number of holdings 88
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