Fund code: 2139

  • NAV $9.95 $0.00 / 0.01%
    12-Dec-2024
  • Inception 16-Oct-2020
  • Benchmark FTSE Canada 91 Day T-Bill Index
  • Aggregate exposure
    Long 90.2%
    Short -88.1%
    Net 2.1%
    Cash 97.9%
    31-Oct-2024
  • Aggregate assets
    (all series)
    $55.3M
    30-Nov-2024
  • MER 2.61%
    30-Jun-2024
  • Distributions Annually
  • Morningstar category Alternative Market Neutral
  • Also available through ETF Series CDN$ and Trust US$
  • 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 (%) 30-Nov-2024

YTD 2024 2023 2022 2021
Fund 2.10 5.46 4.14 -7.17

Standard period returns (%) 30-Nov-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund -0.30 -1.16 -0.23 1.75 4.34 -0.02

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

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-Oct-2024
Long Short Net
Canadian Equities 54.3 -34.5 19.8
Foreign Equities 35.9 -53.6 -17.7
Cash & Other 98.5 -0.6 97.9

Country mix (%)

31-Oct-2024
Long Short Net
Canada 54.3 -34.5 19.8
Israel 1.9 - 1.9
Italy - -0.8 -0.8
Argentina - -1.1 -1.1
United States 34.0 -52.2 -18.2

Sector mix (%)

31-Oct-2024
Long Short Net
Consumer Staples 12.9 -6.6 6.3
Information Technology 15.7 -10.2 5.5
Materials 2.5 - 2.5
Consumer Disc. 10.3 -8.2 2.1
Real Estate 2.3 -2.1 0.2
Utilities 2.5 -2.7 -0.2
Energy 5.9 -6.3 -0.4
Financials 8.4 -10.6 -2.2
Communication Services - -2.3 -2.3
Health Care 2.7 -6.5 -3.8
Industrials 26.8 -32.6 -5.8

Top ten holdings

LONG

  1. FLOOR & DECOR HOLDING INC CL A
  2. FTAI Aviation
  3. Aritzia
  4. PULTEGROUP INC
  5. Saia
  6. Fairfax Financial Holdings, Sub Vtg
  7. Fiserv
  8. Empire Company
  9. Colliers International Group
  10. Loblaw
Top ten long holdings aggregate 28.4%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 28.4%
Total number of holdings 136

LONG

  1. Meta Platforms
  2. McKesson Corp.
  3. Boston Scientific
  4. Loblaw
  5. Finning International
  6. GODADDY INC CL A
  7. Waste Connections
  8. SPS Commerce
  9. Saia
  10. BEACON ROOFING SUPPLY INC
Top ten long holdings aggregate 30.3%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 30.3%
Total number of holdings 131

LONG

  1. Meta Platforms
  2. Fairfax Financial Holdings, Sub Vtg
  3. Onex
  4. Union Pacific
  5. Rogers Communication, Cl. B, Non Vtg
  6. AtkinsRéalis
  7. Loblaw
  8. Spin Master
  9. Colliers International Group
  10. ESAB Corporation
Top ten long holdings aggregate 27.7%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 27.7%
Total number of holdings 138

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
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