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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
(07-18-2024)
$5.08
Change
-$0.01 (-0.22%)

As at June 30, 2024

Period
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Legend

Venator Alternative Income Fund Series A

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Fund Returns

Inception Return (August 31, 2009): 6.61%

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 0.60% -0.56% 2.43% 2.43% 8.52% 5.86% -1.75% 4.59% 1.86% 2.36% 2.51% 3.10% 2.86% 2.73%
Benchmark 2.98% 0.97% -0.32% -0.32% 3.73% 3.25% -1.77% -1.98% -0.10% 1.11% 1.07% 0.93% 1.40% 1.89%
Category Average 0.65% 3.28% 3.28% 3.28% 7.68% 6.09% 1.96% 3.95% 3.59% - - - - -
Category Rank 69 / 127 115 / 118 85 / 118 85 / 118 48 / 115 45 / 99 71 / 80 26 / 69 22 / 33 14 / 17 12 / 16 13 / 16 12 / 12 11 / 11
Quartile Ranking 3 4 3 3 2 2 4 2 3 4 3 4 4 4

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.01% 0.31% -0.71% -1.20% 3.15% 3.34% 0.22% 1.00% 1.78% -1.44% 0.29% 0.60%
Benchmark -1.08% -0.19% -2.62% 0.43% 4.21% 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98%

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 1 2 2 3 1 4 1
Category Rank - 12/ 12 8/ 13 4/ 16 8/ 16 6/ 23 33/ 45 16/ 72 91/ 95 9/ 113

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 7.75% 12.70% 9.64%
Beta 0.71% 0.90% 0.66%
Alpha 0.00% 0.03% 0.02%
Rsquared 0.40% 0.20% 0.13%
Sharpe -0.58% 0.05% 0.18%
Sortino -0.72% -0.03% 0.02%
Treynor -0.06% 0.01% 0.03%
Tax Efficiency - - 0.32%
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 5.23% 7.75% 12.70% 9.64%
Beta 0.52% 0.71% 0.90% 0.66%
Alpha 0.06% 0.00% 0.03% 0.02%
Rsquared 0.56% 0.40% 0.20% 0.13%
Sharpe 0.66% -0.58% 0.05% 0.18%
Sortino 2.20% -0.72% -0.03% 0.02%
Treynor 0.07% -0.06% 0.01% 0.03%
Tax Efficiency 67.18% - - 0.32%

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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