Fund code: 2492

  • NAV $16.02 $0.04 / 0.28%
    24-Jun-2024
  • Inception 16-Oct-2020
  • Benchmark 50% S&P/TSX Capped Composite Index and 50% S&P 500 Index
  • Aggregate exposure
    Long 90.2%
    Short -11.5%
    Net 78.8%
    Cash 21.3%
    30-Apr-2024
  • Aggregate assets
    (all series)
    $565.4M
    31-May-2024
  • MER 2.68%
    31-Dec-2023
  • Distributions
  • Morningstar category Alternative Equity Focused
  • Also available through ETF Series CDN$, Trust US$ and Trust T-Series
  • 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 (%) 31-May-2024

YTD 2024 2023 2022 2021
Fund 11.21 13.70 -5.89 27.28

Standard period returns (%) 31-May-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund 1.51 2.61 12.44 20.39 9.44 14.06

Why invest in this fund?

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

Risk measures (%) 31-May-2024

Fund
Annualized standard deviation 10.24
Beta 0.68
0.75

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 (%)

30-Apr-2024
Long Short Net
Foreign Equities 58.1 -8.5 49.6
Canadian Equities 32.1 -2.9 29.2
Cash & Other 22.1 -0.8 21.3

Country mix (%)

30-Apr-2024
Long Short Net
United States 79.1 -8.3 70.8
Canada 32.1 -2.9 29.2
Italy 0.7 - 0.7
Norway - - -
France - -0.1 -0.1
Argentina - -0.1 -0.1
Cash & Net Other Assets - -0.5 -0.5

Sector mix (%)

30-Apr-2024
Long Short Net
Industrials 20.1 -0.7 19.4
Consumer Disc. 17.1 -3.0 14.1
Financials 16.9 -3.2 13.7
Communication Services 11.8 -1.1 10.7
Information Technology 9.2 -2.2 7.1
Materials 4.6 - 4.6
Consumer Staples 4.7 -0.3 4.4
Energy 2.7 - 2.7
Real Estate 2.7 -0.8 1.9
Health Care 0.6 - 0.6
Utilities - -0.3 -0.3

Top ten holdings

LONG

  1. Fairfax Financial Holdings, Sub Vtg
  2. Meta Platforms
  3. Valvoline Inc.
  4. Amazon.com
  5. NVR INC
  6. Dollar General
  7. NEWS CORP NEW CL A
  8. Canadian National Railway
  9. Canadian Natural Resources
  10. Berkshire Hathaway, Cl. B
Top ten long holdings aggregate 27.3%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 27.3%
Total number of holdings 94

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
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