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Tactical Balanced
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2023, 2022
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|
NAVPS (05-01-2024) |
$16.05 |
|---|---|
| Change |
-$0.16
(-0.97%)
|
As at March 31, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (February 14, 2011): 5.61%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.69% | 6.61% | 12.36% | 6.61% | 12.98% | 4.55% | 10.18% | 15.85% | 9.73% | 8.66% | 7.57% | 8.51% | 6.76% | 7.41% |
| Benchmark | 1.80% | 5.77% | 13.57% | 5.77% | 12.38% | 6.05% | 3.87% | 6.63% | 5.64% | 5.56% | 5.88% | 6.44% | 5.97% | 7.01% |
| Category Average | 1.99% | 11.46% | 11.46% | 4.38% | 9.40% | 2.80% | 3.17% | 7.29% | 4.50% | 4.05% | 3.79% | 4.45% | 3.50% | 3.87% |
| Category Rank | 47 / 360 | 70 / 360 | 135 / 360 | 70 / 360 | 85 / 358 | 73 / 358 | 4 / 342 | 5 / 334 | 9 / 317 | 11 / 299 | 16 / 274 | 11 / 242 | 13 / 179 | 3 / 129 |
| Quartile Ranking | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.34% | -3.71% | 2.59% | 3.15% | -1.57% | -2.04% | -1.13% | 3.95% | 2.54% | 0.16% | 3.66% | 2.69% |
| Benchmark | 1.29% | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% |
8.21% (April 2020)
-11.64% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 13.00% | -0.02% | 12.64% | 4.09% | -5.11% | 11.25% | 6.41% | 28.48% | 0.57% | 4.34% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 6.78% | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% |
| Quartile Ranking | 1 | 4 | 1 | 4 | 4 | 3 | 2 | 1 | 1 | 4 |
| Category Rank | 4/ 126 | 148/ 166 | 7/ 210 | 208/ 274 | 251/ 296 | 226/ 312 | 136/ 332 | 4/ 336 | 4/ 357 | 319/ 358 |
28.48% (2021)
-5.11% (2018)
| Name | Percent |
|---|---|
| Canadian Equity | 37.06 |
| US Equity | 34.97 |
| Canadian Corporate Bonds | 11.94 |
| Foreign Government Bonds | 6.10 |
| Cash and Equivalents | 3.80 |
| Other | 6.13 |
| Name | Percent |
|---|---|
| Fixed Income | 21.55 |
| Financial Services | 15.60 |
| Energy | 14.01 |
| Consumer Services | 10.40 |
| Healthcare | 7.73 |
| Other | 30.71 |
| Name | Percent |
|---|---|
| North America | 97.11 |
| Europe | 2.45 |
| Multi-National | 0.30 |
| Latin America | 0.07 |
| Asia | 0.04 |
| Other | 0.03 |
| Name | Percent |
|---|---|
| Canoe Bond Advantage Fund Series I | 19.10 |
| American Express Co | 3.37 |
| ARC Resources Ltd | 3.28 |
| Tourmaline Oil Corp | 2.97 |
| Wells Fargo & Co | 2.87 |
| Anthem Inc | 2.77 |
| Canoe Global Income Fund Series I | 2.69 |
| BANK OF MONTREAL TD 4.85% 01-Apr-2024 | 2.68 |
| UnitedHealth Group Inc | 2.67 |
| Diageo PLC | 2.45 |
Canoe Asset Allocation Portfolio Class Series A
Median
Other - Tactical Balanced
| Standard Deviation | 10.33% | 11.52% | 9.17% |
|---|---|---|---|
| Beta | 0.74% | 0.95% | 0.66% |
| Alpha | 0.07% | 0.04% | 0.03% |
| Rsquared | 0.42% | 0.45% | 0.31% |
| Sharpe | 0.74% | 0.70% | 0.68% |
| Sortino | 1.12% | 0.91% | 0.75% |
| Treynor | 0.10% | 0.08% | 0.09% |
| Tax Efficiency | 88.88% | 91.52% | 90.70% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.93% | 10.33% | 11.52% | 9.17% |
| Beta | 0.97% | 0.74% | 0.95% | 0.66% |
| Alpha | 0.01% | 0.07% | 0.04% | 0.03% |
| Rsquared | 0.66% | 0.42% | 0.45% | 0.31% |
| Sharpe | 0.88% | 0.74% | 0.70% | 0.68% |
| Sortino | 1.88% | 1.12% | 0.91% | 0.75% |
| Treynor | 0.08% | 0.10% | 0.08% | 0.09% |
| Tax Efficiency | 96.25% | 88.88% | 91.52% | 90.70% |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | February 14, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GOC301 | ||
| GOC302 |
? Long term growth and capital preservation The Fund aims to provide long term growth and capital preservation using a balanced investment approach. It invests indirectly through the Partnership primarily in a mix of Canadian equity securities, fixed income securities and money market instruments. The fundamental investment objectives cannot be changed without approval of a majority of the securityholders of the Fund.
The portfolio manager generally intends to keep the Fund’s asset mix, indirectly through the Partnership, within the following ranges: 40% or less or 60% or more equity securities; 40% or less or 60% or more fixed income securities; 0-30% money market instruments; and 0-10% gold, gold certificates, silver certificates and certain gold/silver ETFs.
| Name | Start Date |
|---|---|
| Robert J. Taylor | 02-18-2011 |
| Sajan Bedi | 07-29-2013 |
| Fund Manager | Canoe Financial LP |
|---|---|
| Advisor | Canoe Financial LP |
| Custodian | CIBC Mellon Trust Company |
| Registrar | International Financial Data Services (Canada) Ltd |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 2.45% |
|---|---|
| Management Fee | 2.10% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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