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Venator Alternative Income Fund Series A

Alternative Credit Focus

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(12-06-2024)
$5.31
Change
$0.02 (0.30%)

As at October 31, 2024

Period
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Legend

Venator Alternative Income Fund Series A

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Fund Returns

Inception Return (August 31, 2009): 6.79%

Fund Returns
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 0.31% 3.92% 5.81% 7.43% 14.51% 8.25% -0.40% 4.58% 2.89% 3.15% 2.90% 3.42% 3.87% 3.11%
Benchmark -1.07% 1.25% 6.50% 3.09% 11.09% 5.28% -0.23% -1.11% 0.36% 1.97% 1.60% 1.33% 1.81% 2.06%
Category Average 0.26% 1.99% 4.92% 6.68% 11.57% 7.89% 3.26% 4.09% 4.09% - - - - -
Category Rank 74 / 127 3 / 125 38 / 113 43 / 113 28 / 112 35 / 95 84 / 90 27 / 67 28 / 38 13 / 16 11 / 15 10 / 15 10 / 11 11 / 11
Quartile Ranking 3 1 2 2 1 2 4 2 3 4 3 3 4 4

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 3.15% 3.34% 0.22% 1.00% 1.78% -1.44% 0.29% 0.60% 0.92% 1.65% 1.93% 0.31%
Benchmark 4.21% 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07%

Best Monthly Return Since Inception

7.21% (November 2020)

Worst Monthly Return Since Inception

-20.77% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.48% -6.92% 13.18% 7.14% -0.59% 7.09% 5.35% 7.84% -16.29% 10.88%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average - - - - - - 7.20% 3.25% -4.07% 7.22%
Quartile Ranking - 4 3 2 3 2 3 1 4 1
Category Rank - 11/ 11 8/ 12 5/ 15 9/ 15 7/ 22 28/ 39 16/ 67 86/ 90 9/ 108

Best Calendar Return (Last 10 years)

13.18% (2016)

Worst Calendar Return (Last 10 years)

-16.29% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Venator Alternative Income Fund Series A

Median

Other - Alternative Credit Focus

3 Yr Annualized

Standard Deviation 7.86% 12.72% 9.65%
Beta 0.74% 0.92% 0.65%
Alpha 0.00% 0.03% 0.02%
Rsquared 0.44% 0.22% 0.13%
Sharpe -0.45% 0.11% 0.20%
Sortino -0.50% 0.07% 0.07%
Treynor -0.05% 0.02% 0.03%
Tax Efficiency - 14.34% 10.16%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.61% 7.86% 12.72% 9.65%
Beta 0.53% 0.74% 0.92% 0.65%
Alpha 0.08% 0.00% 0.03% 0.02%
Rsquared 0.62% 0.44% 0.22% 0.13%
Sharpe 1.97% -0.45% 0.11% 0.20%
Sortino 6.33% -0.50% 0.07% 0.07%
Treynor 0.17% -0.05% 0.02% 0.03%
Tax Efficiency 78.77% - 14.34% 10.16%

Fund Details

Start Date August 31, 2009
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $55

Fund Codes

FundServ Code Load Code Sales Status
VCM200
VCM201

Investment Objectives

The Venator Alternative Income Fund seeks to provide unitholders with long-term returns. The Portfolio Manager will actively manage a diversified portfolio of primarily global fixed income securities by opportunistically utilizing both long and short positions.

Investment Strategy

To achieve the Fund’s investment objective, the Portfolio Manager will actively manage a diversified portfolio of primarily global fixed income securities by opportunistically utilizing both long and short positions. The Portfolio Manager assesses specific investment opportunities based on both top-down and bottom-up analysis. On average, over time, it is expected that for every $100 invested, the Fund portfolio’s use of leverage will be approximately $90-$200.

Portfolio Manager(s)

Name Start Date
Brandon Osten 08-01-2008
Stephen Andersons 08-01-2008
Alex Agostino 08-01-2008
Jeff Parks 08-01-2008

Management and Organization

Fund Manager Venator Capital Management Ltd.
Advisor Venator Capital Management Ltd.
Custodian The Bank of Nova Scotia
Registrar SGGG Fund Services Inc.
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 4.14%
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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