• NAV $10.18 01-Mar-2024
  • $0.04 / 0.44% Daily NAV change
  • MARKET PRICE 01-Mar-2024
  • $10.17   
  • Inception 01-Feb-2024
  • Aggregate exposure
    Long 92.0%
    Short -92.9%
    Net -0.9%
    Cash 100.9%
    31-Jan-2024
  • Aggregate assets
    (all series)
    $59.1M
    29-Feb-2024
  • Units outstanding 105,000
    04-Mar-2024
  • Management fee 1.15%
  • Investment program DRIP
  • Distributions Annually
  • Benchmark FTSE Canada 91 Day T-Bill Index
  • Exchange Cboe CA
  • CUSIP 31623B701
  • Also available through: Trust US$ and Trust CDN$
  • 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?

  • Portfolio diversifier with respect to traditional asset classes
  • Potential for downside protection in times of market stress
  • Seeks to capture alternative sources of alpha

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 classification

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

This fund has a low to medium volatility rating

Allocation

Asset mix (%)

31-Jan-2024
Long Short Net
Canadian Equities 53.7 -37.4 16.3
Foreign Equities 38.3 -55.5 -17.2
Cash & Other 101.3 -0.4 100.9

Country mix (%)

31-Jan-2024
Long Short Net
Canada 53.7 -37.4 16.3
Israel 1.1 - 1.1
Argentina - -0.8 -0.8
United States 37.2 -54.8 -17.7
Cash & Net Other Assets 101.0 - 101.0

Sector mix (%)

31-Jan-2024
Long Short Net
Consumer Disc. 13.9 -8.4 5.5
Financials 14.8 -11.2 3.6
Materials 1.9 -0.5 1.5
Real Estate 2.8 -1.4 1.4
Health Care 5.4 -4.8 0.6
Utilities 1.6 -1.2 0.4
Communication Services 6.2 -5.8 0.4
Energy 1.9 -3.7 -1.8
Industrials 23.4 -27.0 -3.6
Consumer Staples 7.2 -11.4 -4.1
Information Technology 13.0 -17.7 -4.7

Top ten holdings

LONG

  1. Rogers Communication, Cl. B, Non Vtg
  2. CGI
  3. GODADDY INC CL A
  4. Colliers International Group
  5. Union Pacific
  6. Open Text
  7. SHOPIFY INC CL A (US)
  8. Shift4
  9. Fairfax Financial Holdings, Sub Vtg
  10. Boyd Group Services
Top ten long holdings aggregate 29.1%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 29.1%
Total number of holdings 128

LONG

  1. Fairfax Financial Holdings, Sub Vtg
  2. Splunk
  3. CGI
  4. RB Global
  5. Open Text
  6. Onex
  7. Finning
  8. Microsoft
  9. SPS Commerce
  10. SNC-Lavalin Group
Top ten long holdings aggregate 31.6%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 31.6%
Total number of holdings 120

LONG

  1. RB Global
  2. SHOPIFY INC CL A (US)
  3. Finning
  4. Open Text
  5. EXCHANGE INCOME CORP
  6. CGI
  7. SPS Commerce
  8. FORTUNE BRANDS INNOVATIONS INC
  9. Fairfax Financial Holdings, Sub Vtg
Top ten long holdings aggregate 29.5%

SHORT

  1. Waste Management
Top ten short holdings aggregate -2.9%
Top ten holdings aggregate 26.7%
Total number of holdings 117

LONG

  1. SPS Commerce
  2. Shift4
  3. Knight-Swift Transportation Holdings
  4. ATS Corporation
  5. BRP Inc.
  6. Rogers Communication, Cl. B, Non Vtg
  7. Boyd Group Services
  8. Open Text
Top ten long holdings aggregate 21.1%

SHORT

  1. Thomson Reuters
  2. Cisco Systems
Top ten short holdings aggregate -5.3%
Top ten holdings aggregate 15.9%
Total number of holdings 136
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