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Alternative Multi-Stratgy
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2022
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|
NAVPS (04-30-2024) |
$15.71 |
|---|---|
| Change |
$0.02
(0.11%)
|
As at March 31, 2024
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Inception Return (April 24, 2019): 7.23%
| 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 | 1.27% | 3.76% | 6.53% | 3.76% | 9.28% | 4.54% | 4.35% | 10.68% | - | - | - | - | - | - |
| 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 | 1.83% | 7.09% | 7.09% | 3.43% | 6.86% | 2.23% | 2.37% | 5.29% | - | - | - | - | - | - |
| Category Rank | 59 / 105 | 49 / 103 | 46 / 100 | 49 / 103 | 29 / 91 | 15 / 72 | 19 / 61 | 7 / 51 | - | - | - | - | - | - |
| Quartile Ranking | 3 | 2 | 2 | 2 | 2 | 1 | 2 | 1 | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.08% | 0.32% | 0.52% | -0.08% | 0.74% | 0.98% | -1.06% | 0.69% | 3.06% | 0.95% | 1.50% | 1.27% |
| 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% |
5.33% (April 2020)
-6.84% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | 16.52% | 8.10% | 1.04% | 5.69% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% |
| Quartile Ranking | - | - | - | - | - | - | 1 | 3 | 2 | 2 |
| Category Rank | - | - | - | - | - | - | 9/ 47 | 32/ 58 | 25/ 71 | 31/ 91 |
16.52% (2020)
1.04% (2022)
| Name | Percent |
|---|---|
| Cash and Equivalents | 58.15 |
| Canadian Equity | 19.13 |
| Canadian Corporate Bonds | 14.63 |
| US Equity | 4.48 |
| Foreign Corporate Bonds | 2.71 |
| Other | 0.90 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 58.15 |
| Fixed Income | 15.97 |
| Real Estate | 8.51 |
| Industrial Services | 4.84 |
| Consumer Services | 4.35 |
| Other | 8.18 |
| Name | Percent |
|---|---|
| North America | 98.59 |
| Asia | 0.78 |
| Latin America | 0.66 |
| Europe | -0.02 |
| Other | -0.01 |
Forge First Conservative Alternative Fund Series A
Median
Other - Alternative Multi-Stratgy
| Standard Deviation | 3.28% | - | - |
|---|---|---|---|
| Beta | 0.06% | - | - |
| Alpha | 0.04% | - | - |
| Rsquared | 0.05% | - | - |
| Sharpe | 0.52% | - | - |
| Sortino | 0.68% | - | - |
| Treynor | 0.30% | - | - |
| Tax Efficiency | 98.54% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.45% | 3.28% | - | - |
| Beta | 0.10% | 0.06% | - | - |
| Alpha | 0.08% | 0.04% | - | - |
| Rsquared | 0.13% | 0.05% | - | - |
| Sharpe | 1.22% | 0.52% | - | - |
| Sortino | 4.39% | 0.68% | - | - |
| Treynor | 0.44% | 0.30% | - | - |
| Tax Efficiency | 98.38% | 98.54% | - | - |
| 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) | $35 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FOR200 |
The investment objective of the Fund is to generate consistent risk-adjusted net returns over the long term with low correlation to North American equity and credit markets.
To achieve its investment objective, the Fund utilizes equity and fixed-income security selection, an active shorting strategy, capital structure arbitrage, convertible arbitrage, merger arbitrage, fixed-income investing, preferred equity investing, pairs trading, arbitrage trading, thematic trading, and the use of derivatives for leverage and/or borrowing for investment purposes.
| 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 | Yes |
| SWP Min Balance | 1,000 |
| SWP Min Withdrawal | 0 |
| MER | 2.40% |
|---|---|
| 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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