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Global Neutral Balanced
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2023, 2022, 2017, 2016, 2015
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|
NAVPS (05-01-2024) |
$11.08 |
|---|---|
| Change |
-$0.07
(-0.65%)
|
As at March 31, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (December 21, 2012): 7.07%
| 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 | 2.80% | 5.53% | 11.93% | 5.53% | 11.98% | 3.84% | 7.95% | 12.06% | 7.42% | 6.78% | 5.90% | 6.54% | 5.77% | 6.25% |
| 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 | 1.96% | 12.03% | 12.03% | 4.49% | 10.15% | 3.31% | 3.22% | 7.67% | 4.79% | 4.62% | 4.52% | 5.09% | 4.15% | 4.67% |
| Category Rank | 95 / 1,734 | 439 / 1,734 | 939 / 1,710 | 439 / 1,734 | 382 / 1,683 | 771 / 1,616 | 23 / 1,433 | 31 / 1,357 | 91 / 1,300 | 145 / 1,165 | 214 / 1,006 | 190 / 935 | 151 / 824 | 157 / 691 |
| Quartile Ranking | 1 | 2 | 3 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.46% | -3.26% | 2.16% | 2.63% | -1.66% | -2.12% | -0.77% | 4.41% | 2.38% | 0.00% | 2.66% | 2.80% |
| 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% |
7.18% (April 2020)
-10.13% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 10.61% | 5.93% | 8.08% | 4.62% | -3.79% | 9.31% | 4.75% | 18.40% | 0.93% | 4.71% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | 1 | 2 | 1 | 4 | 3 | 4 | 4 | 1 | 1 | 4 |
| Category Rank | 144/ 682 | 322/ 806 | 133/ 915 | 876/ 1,001 | 748/ 1,144 | 1,181/ 1,256 | 1,015/ 1,343 | 55/ 1,424 | 25/ 1,563 | 1,643/ 1,682 |
18.40% (2021)
-3.79% (2018)
| Name | Percent |
|---|---|
| US Equity | 30.96 |
| Canadian Equity | 30.13 |
| Canadian Corporate Bonds | 16.79 |
| Foreign Government Bonds | 9.07 |
| International Equity | 3.52 |
| Other | 9.53 |
| Name | Percent |
|---|---|
| Fixed Income | 31.65 |
| Financial Services | 18.54 |
| Energy | 9.40 |
| Consumer Services | 7.50 |
| Healthcare | 6.66 |
| Other | 26.25 |
| Name | Percent |
|---|---|
| North America | 95.78 |
| Europe | 3.53 |
| Multi-National | 0.42 |
| Latin America | 0.12 |
| Asia | 0.07 |
| Other | 0.08 |
| Name | Percent |
|---|---|
| Canoe Bond Advantage Fund Series I | 26.84 |
| Canoe Global Income Fund Series I | 4.81 |
| American Express Co | 3.23 |
| ARC Resources Ltd | 3.09 |
| Anthem Inc | 2.72 |
| Wells Fargo & Co | 2.71 |
| Tourmaline Oil Corp | 2.56 |
| Diageo PLC | 2.48 |
| UnitedHealth Group Inc | 2.30 |
| Restaurant Brands International Inc | 2.30 |
Canoe North American Monthly Income Portfolio Class Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 9.04% | 9.88% | 7.86% |
|---|---|---|---|
| Beta | 0.68% | 0.86% | 0.69% |
| Alpha | 0.05% | 0.03% | 0.02% |
| Rsquared | 0.46% | 0.50% | 0.45% |
| Sharpe | 0.60% | 0.58% | 0.64% |
| Sortino | 0.86% | 0.68% | 0.63% |
| Treynor | 0.08% | 0.07% | 0.07% |
| Tax Efficiency | 74.35% | 71.80% | 63.31% |
| Volatility |
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|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.40% | 9.04% | 9.88% | 7.86% |
| Beta | 0.94% | 0.68% | 0.86% | 0.69% |
| Alpha | 0.00% | 0.05% | 0.03% | 0.02% |
| Rsquared | 0.70% | 0.46% | 0.50% | 0.45% |
| Sharpe | 0.83% | 0.60% | 0.58% | 0.64% |
| Sortino | 1.83% | 0.86% | 0.68% | 0.63% |
| Treynor | 0.07% | 0.08% | 0.07% | 0.07% |
| Tax Efficiency | 82.75% | 74.35% | 71.80% | 63.31% |
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 | December 21, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GOC6001 | ||
| GOC6002 | ||
| GOC60022 |
? Income with long term capital growth The Fund aims to generate income and long term capital growth by investing indirectly through the Partnership primarily in high-yielding equity securities and corporate bonds of North American issuers. The Fund may also invest indirectly through the Partnership primarily in securities of mutual funds. The fundamental investment objectives cannot be changed without approval of a majority of the securityholders of the Fund.
The Fund seeks to achieve its investment objectives by investing indirectly through the Partnership approximately half of its net assets in equity securities of North American issuers and investing the remainder in fixed income securities of North American issuers. The portfolio manager will determine whether to invest indirectly through the Partnership in equity securities and bonds of North American issuers or in such securities through investing in other mutual funds.
| Name | Start Date |
|---|---|
| Marc Goldfried | 07-18-2017 |
| Robert J. Taylor | 07-18-2017 |
| 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 | 1.95% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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