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Canoe Asset Allocation Portfolio Class Series A

Tactical Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022

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NAVPS
(07-23-2024)
$16.79
Change
-$0.01 (-0.05%)

As at June 30, 2024

As at June 30, 2024

As at February 29, 2024

Period
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Legend

Canoe Asset Allocation Portfolio Class Series A

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Fund Returns

Inception Return (February 14, 2011): 5.46%

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 -0.16% -0.47% 6.11% 6.11% 11.23% 8.82% 6.73% 13.23% 9.68% 8.04% 7.50% 8.03% 6.74% 6.55%
Benchmark 1.79% 1.93% 7.81% 7.81% 14.07% 12.55% 3.51% 5.23% 5.76% 5.68% 6.03% 6.45% 6.40% 7.19%
Category Average 0.54% 5.26% 5.26% 5.26% 9.53% 8.29% 2.10% 5.28% 4.32% 4.01% 3.89% 4.25% 3.73% 3.62%
Category Rank 315 / 347 334 / 346 135 / 344 135 / 344 137 / 343 162 / 342 19 / 329 6 / 319 9 / 310 17 / 287 17 / 273 15 / 259 24 / 181 22 / 145
Quartile Ranking 4 4 2 2 2 2 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 3.15% -1.57% -2.04% -1.13% 3.95% 2.54% 0.16% 3.66% 2.69% -1.17% 0.88% -0.16%
Benchmark 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79%

Best Monthly Return Since Inception

8.21% (April 2020)

Worst Monthly Return Since Inception

-11.64% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 13.00% -0.02% 12.64% 4.09% -5.11% 11.25% 6.41% 28.48% 0.57% 4.34%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 6.78% 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35%
Quartile Ranking 1 4 1 4 4 3 2 1 1 4
Category Rank 4/ 114 143/ 154 7/ 198 209/ 262 236/ 281 216/ 297 135/ 318 4/ 320 4/ 341 303/ 342

Best Calendar Return (Last 10 years)

28.48% (2021)

Worst Calendar Return (Last 10 years)

-5.11% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 37.29
US Equity 34.12
Canadian Corporate Bonds 12.30
Foreign Government Bonds 6.12
Cash and Equivalents 4.16
Other 6.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 22.47
Financial Services 15.62
Energy 13.83
Consumer Services 11.35
Consumer Goods 5.67
Other 31.06

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.83
Europe 1.97
Multi-National 0.12
Latin America 0.06
Other 0.02

Top Holdings

Top Holdings
Name Percent
Canoe Bond Advantage Fund Series I 19.75
American Express Co 3.26
Canoe Global Income Fund Series I 3.23
ARC Resources Ltd 3.12
Tourmaline Oil Corp 3.08
UnitedHealth Group Inc 2.92
Wells Fargo & Co 2.79
Anthem Inc 2.75
Agnico Eagle Mines Ltd 2.26
Restaurant Brands International Inc 2.20

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Canoe Asset Allocation Portfolio Class Series A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 10.08% 11.51% 9.09%
Beta 0.75% 0.95% 0.66%
Alpha 0.04% 0.04% 0.02%
Rsquared 0.45% 0.45% 0.32%
Sharpe 0.40% 0.68% 0.58%
Sortino 0.61% 0.91% 0.62%
Treynor 0.05% 0.08% 0.08%
Tax Efficiency 83.87% 91.46% 89.76%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.58% 10.08% 11.51% 9.09%
Beta 0.82% 0.75% 0.95% 0.66%
Alpha 0.00% 0.04% 0.04% 0.02%
Rsquared 0.69% 0.45% 0.45% 0.32%
Sharpe 0.80% 0.40% 0.68% 0.58%
Sortino 2.24% 0.61% 0.91% 0.62%
Treynor 0.07% 0.05% 0.08% 0.08%
Tax Efficiency 95.71% 83.87% 91.46% 89.76%

Fundata ESG Metrics

Fundata ESG Score

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.

Fundata E Score

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.

Fundata S Score

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.

Fundata G Score

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.

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Fund Details

Start Date February 14, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
GOC301
GOC302

Investment Objectives

? Long term growth and capital preservation The Fund aims to provide long term growth and capital preservation using a balanced investment approach. It invests indirectly through the Partnership primarily in a mix of Canadian equity securities, fixed income securities and money market instruments. The fundamental investment objectives cannot be changed without approval of a majority of the securityholders of the Fund.

Investment Strategy

The portfolio manager generally intends to keep the Fund’s asset mix, indirectly through the Partnership, within the following ranges: 40% or less or 60% or more equity securities; 40% or less or 60% or more fixed income securities; 0-30% money market instruments; and 0-10% gold, gold certificates, silver certificates and certain gold/silver ETFs.

Portfolio Manager(s)

Name Start Date
Robert J. Taylor 02-18-2011
Sajan Bedi 07-29-2013

Management and Organization

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

Investment Minimums

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

Fees

MER 2.45%
Management Fee 2.10%
Load Choice of Front or No Load
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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