• NAV $10.56 01-Mar-2024
  • $0.06 / 0.57% Daily NAV change
  • MARKET PRICE 01-Mar-2024
  • $10.56   
  • Inception 01-Feb-2024
  • Aggregate exposure
    Long 99.3%
    Short -13.5%
    Net 85.9%
    Cash 14.2%
    31-Jan-2024
  • Aggregate assets
    (all series)
    $419.8M
    29-Feb-2024
  • Units outstanding 1,400,000
    04-Mar-2024
  • Management fee 1.15%
  • Investment program DRIP
  • Distributions Annually
  • Benchmark 50% S&P/TSX Capped Composite Index and 50% S&P 500 Index
  • Exchange Cboe CA
  • CUSIP 31624U823
  • Also available through: Trust US$, Trust CDN$ and Trust T-Series S5
  • Get ETF Facts

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

Start NAV

$10.0000

End NAV

$10.4031
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Why invest in this fund?

  • Seeks to capture alternative sources of alpha
  • Expand portfolio beyond traditional mutual fund solutions

Calendar returns

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

Standard period returns

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

Risk measures

Risk measures cannot be calculated on funds that are less than three years old. This fund does not yet meet the required criteria.

Risk classification

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

This fund has a medium volatility rating

Allocation

Asset mix (%)

31-Jan-2024
Long Short Net
Foreign Equities 58.3 -8.9 49.4
Canadian Equities 41.1 -4.6 36.5
Cash & Other 15.5 -1.4 14.2

Country mix (%)

31-Jan-2024
Long Short Net
United States 72.5 -8.5 64.0
Canada 41.1 -4.6 36.5
Italy 0.8 - 0.8
Norway - -0.1 -0.1
France - -0.1 -0.1
Argentina - -0.3 -0.3
Cash & Net Other Assets - -0.8 -0.8

Sector mix (%)

31-Jan-2024
Long Short Net
Consumer Disc. 23.3 -3.7 19.7
Financials 21.6 -3.7 17.9
Communication Services 13.3 -1.4 11.9
Industrials 12.8 -1.4 11.4
Information Technology 11.6 -1.7 10.0
Materials 4.7 - 4.7
Consumer Staples 5.3 -0.6 4.7
Real Estate 3.6 -0.7 2.9
Energy 2.4 - 2.4
Utilities 0.7 -0.3 0.4

Top ten holdings

LONG

  1. Microsoft
  2. NEWS CORP NEW CL A
  3. Valvoline Inc.
  4. Fairfax Financial Holdings, Sub Vtg
  5. Dollarama
  6. Canadian National Railway
  7. Alimentation Couche-Tard
  8. Alphabet, Cl. A
  9. Prologis REIT
  10. Rogers Communication, Cl. B, Non Vtg
Top ten long holdings aggregate 29.1%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 29.1%
Total number of holdings 97

LONG

  1. Microsoft
  2. Dollarama
  3. Fairfax Financial Holdings, Sub Vtg
  4. Alphabet, Cl. A
  5. Arthur J. Gallagher & Co.
  6. Canadian Natural Resources
  7. Alimentation Couche-Tard
  8. UnitedHealth Group
  9. NEWS CORP NEW CL A
  10. FTI Consulting
Top ten long holdings aggregate 30.7%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 30.7%
Total number of holdings 79

LONG

  1. Microsoft
  2. Dollarama
  3. Fairfax Financial Holdings, Sub Vtg
  4. CGI
  5. Alphabet, Cl. A
  6. Axalta Coating Systems
  7. Alimentation Couche-Tard
  8. NEWS CORP NEW CL A
  9. Prologis REIT
  10. Canadian Natural Resources
Top ten long holdings aggregate 32.9%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 32.9%
Total number of holdings 85

LONG

  1. Microsoft
  2. Canadian Pacific Railway
  3. Alimentation Couche-Tard
  4. Fairfax Financial Holdings, Sub Vtg
  5. Dollarama
  6. Axalta Coating Systems
  7. Canadian Natural Resources
  8. Alphabet, Cl. A
  9. CGI
  10. Berkshire Hathaway, Cl. B
Top ten long holdings aggregate 33.0%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 33.0%
Total number of holdings 87
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