Fund code: 7132

  • NAV $7.48 -$0.04 / -0.59%
    01-Mar-2024
  • Inception 16-Oct-2020
  • Benchmark MSCI World Index
  • Aggregate exposure
    Long 104.2%
    Short -46.3%
    Net 57.9%
    Cash 42.1%
    31-Jan-2024
  • Aggregate assets
    (all series)
    $594.3M
    29-Feb-2024
  • MER 2.68%
    30-Jun-2023
  • Distributions
  • Morningstar category Alternative Equity Focused
  • Also available through ETF Series CDN$, Trust CDN$ and Trust T-Series S5
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 29-Feb-2024

YTD 2024 2023 2022 2021
Fund -11.98 -27.28 55.18 0.92

Standard period returns (%) 29-Feb-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund -15.45 -17.19 -20.50 -31.01 4.39 3.31

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.

Risk measures (%) 31-Jan-2024

Fund
Annualized standard deviation 26.39
Beta -0.77
0.14

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-Jan-2024
Long Short Net
Foreign Equities 93.3 -45.5 47.8
Canadian Equities 10.9 -0.8 10.1
Cash & Other 42.2 - 42.1

Country mix (%)

31-Jan-2024
Long Short Net
United States 85.0 -45.5 39.5
United Kingdom 21.0 - 21.0
Canada 10.9 -0.8 10.1
China 8.3 - 8.3
Switzerland 5.0 - 5.0
Japan 3.9 - 3.9
Germany 3.4 - 3.4
Denmark 2.5 - 2.5
France 2.4 - 2.4
Sweden 2.1 - 2.1
Netherlands 1.3 - 1.3
Australia - - -
Cash & Net Other Assets 0.4 - 0.4

Sector mix (%)

31-Jan-2024
Long Short Net
Consumer Staples 46.9 - 46.9
Health Care 21.6 -0.9 20.8
Industrials 9.1 -1.8 7.4
Energy 5.1 - 5.1
Financials 6.9 -6.8 0.2
Communication Services 1.2 -4.1 -2.9
Consumer Disc. 9.7 -14.3 -4.6
Information Technology 3.6 -18.6 -14.9

Top ten holdings

LONG

  1. Nestlé (Reg.)
  2. Johnson & Johnson
  3. TMX Group
  4. Metro
  5. Diageo
  6. Philip Morris
  7. British American Tobacco
  8. Imperial Brands
Top ten long holdings aggregate 41.2%

SHORT

  1. CARVANA CO CL A
  2. MicroStrategy Incorporated
Top ten short holdings aggregate -9.9%
Top ten holdings aggregate 31.4%
Total number of holdings 51

LONG

  1. Johnson & Johnson
  2. Nestlé (Reg.)
  3. British American Tobacco
  4. Imperial Brands
  5. Philip Morris
  6. Diageo
  7. TMX Group
  8. Metro
  9. Altria Group
Top ten long holdings aggregate 40.2%

SHORT

  1. CARVANA CO CL A
Top ten short holdings aggregate -4.2%
Top ten holdings aggregate 35.9%
Total number of holdings 66

LONG

  1. Johnson & Johnson
  2. Nestlé (Reg.)
  3. Philip Morris
  4. Altria Group
  5. British American Tobacco
  6. PEABODY ENERGY CORP
  7. Metro
  8. Imperial Brands
  9. Diageo
Top ten long holdings aggregate 46.9%

SHORT

  1. CARVANA CO CL A
Top ten short holdings aggregate -4.8%
Top ten holdings aggregate 42.1%
Total number of holdings 53

LONG

  1. Metro
  2. Shaw Communications
  3. Johnson & Johnson
  4. Nestlé (Reg.)
  5. Altria Group
  6. Imperial Brands
  7. British American Tobacco
  8. Britvic
  9. Aerojet Rocketdyne Holdings
Top ten long holdings aggregate 41.0%

SHORT

  1. Coinbase Global
Top ten short holdings aggregate -3.8%
Top ten holdings aggregate 37.2%
Total number of holdings 66
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