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Alternative Equity Focus
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|
NAVPS (05-01-2024) |
$17.37 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at March 31, 2024
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Inception Return (April 24, 2019): 6.95%
| 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 | 1.64% | 3.54% | 8.45% | 3.54% | 11.13% | 0.21% | 3.69% | 10.45% | - | - | - | - | - | - |
| Benchmark | 4.14% | 6.62% | 15.26% | 6.62% | 13.96% | 3.95% | 9.11% | 16.99% | 9.96% | 9.65% | 8.48% | 9.70% | 7.76% | 7.67% |
| Category Average | 2.33% | 13.77% | 13.77% | 8.40% | 14.38% | 5.99% | 5.81% | 11.19% | - | - | - | - | - | - |
| Category Rank | 117 / 189 | 129 / 166 | 108 / 160 | 129 / 166 | 87 / 151 | 103 / 134 | 73 / 101 | 37 / 67 | - | - | - | - | - | - |
| Quartile Ranking | 3 | 4 | 3 | 4 | 3 | 4 | 3 | 3 | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.69% | -0.51% | -1.14% | 0.74% | 1.59% | 0.10% | -0.70% | 2.79% | 2.61% | 1.25% | 0.61% | 1.64% |
| Benchmark | 2.90% | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% |
6.56% (November 2020)
-7.82% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | 14.67% | 11.22% | -4.96% | 7.19% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% |
| Quartile Ranking | - | - | - | - | - | - | 2 | 3 | 2 | 3 |
| Category Rank | - | - | - | - | - | - | 22/ 62 | 60/ 97 | 55/ 123 | 80/ 150 |
14.67% (2020)
-4.96% (2022)
| Name | Percent |
|---|---|
| Cash and Equivalents | 52.86 |
| Canadian Equity | 29.74 |
| Foreign Corporate Bonds | 15.22 |
| Income Trust Units | 6.55 |
| International Equity | -0.15 |
| Other | -4.22 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 52.86 |
| Fixed Income | 12.48 |
| Industrial Services | 7.59 |
| Real Estate | 5.55 |
| Financial Services | 5.01 |
| Other | 16.51 |
| Name | Percent |
|---|---|
| North America | 89.12 |
| Multi-National | 7.07 |
| Latin America | 4.25 |
| Asia | 0.07 |
| Europe | -0.52 |
| Other | 0.01 |
Forge First Long Short Alternative Fund Series A
Median
Other - Alternative Equity Focus
| Standard Deviation | 5.60% | - | - |
|---|---|---|---|
| Beta | 0.29% | - | - |
| Alpha | 0.01% | - | - |
| Rsquared | 0.48% | - | - |
| Sharpe | 0.21% | - | - |
| Sortino | 0.19% | - | - |
| Treynor | 0.04% | - | - |
| Tax Efficiency | 100.00% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.39% | 5.60% | - | - |
| Beta | 0.22% | 0.29% | - | - |
| Alpha | 0.08% | 0.01% | - | - |
| Rsquared | 0.40% | 0.48% | - | - |
| Sharpe | 1.35% | 0.21% | - | - |
| Sortino | 4.16% | 0.19% | - | - |
| Treynor | 0.27% | 0.04% | - | - |
| Tax Efficiency | 100.00% | 100.00% | - | - |
| Start Date | April 24, 2019 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $49 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FOR100 |
To achieve its investment objective, the Fund seeks to invest long and short in a diversified portfolio of primarily North American securities of issuers of varying sizes of market capitalization. The majority of investments are in common shares but the Fund may invest in listed credit or preferred shares.
To achieve this investment objective, the Manager will (i) seek to maximize absolute returns on investments by making long investments in securities of companies identified as attractive investment candidates by the Manager's investment process and short selling of securities of companies identified as unattractive investments by the Manager's investment process and/or to hedge the market exposure of long positions; and (ii) implement portfolio construction with risk control measures to control
| Name | Start Date |
|---|---|
| Andrew McCreath | 05-01-2014 |
| Fund Manager | Forge First Asset Management Inc. |
|---|---|
| Advisor | Forge First Asset Management Inc. |
| Custodian | BMO Nesbitt Burns Inc |
| Registrar | Pinnacle Fund Services Ltd. |
| Distributor | - |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 100 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.37% |
|---|---|
| Management Fee | 2.00% |
| Load | Back Fee Only |
| 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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