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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

Click for more information on Fundata’s FundGrade

NAVPS
(04-22-2024)
$16.23
Change
$0.02 (0.10%)

As at March 31, 2024

As at January 31, 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): 5.61%

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 2.69% 6.61% 12.36% 6.61% 12.98% 4.55% 10.18% 15.85% 9.73% 8.66% 7.57% 8.51% 6.76% 7.41%
Benchmark 1.80% 5.77% 13.57% 5.77% 12.38% 6.05% 3.87% 6.63% 5.64% 5.56% 5.88% 6.44% 5.97% 7.01%
Category Average 1.99% 11.46% 11.46% 4.38% 9.40% 2.80% 3.17% 7.29% 4.50% 4.05% 3.79% 4.45% 3.50% 3.87%
Category Rank 47 / 360 70 / 360 135 / 360 70 / 360 85 / 358 73 / 358 4 / 342 5 / 334 9 / 317 11 / 299 16 / 274 11 / 242 13 / 179 3 / 129
Quartile Ranking 1 1 2 1 1 1 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.34% -3.71% 2.59% 3.15% -1.57% -2.04% -1.13% 3.95% 2.54% 0.16% 3.66% 2.69%
Benchmark 1.29% -1.31% 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80%

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/ 126 148/ 166 7/ 210 208/ 274 251/ 296 226/ 312 136/ 332 4/ 336 4/ 357 319/ 358

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 35.00
US Equity 31.84
Canadian Corporate Bonds 13.03
Cash and Equivalents 8.76
Foreign Government Bonds 4.92
Other 6.45

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 21.63
Financial Services 13.90
Energy 13.10
Cash and Cash Equivalent 8.76
Consumer Goods 8.33
Other 34.28

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.99
Europe 2.58
Multi-National 0.35
Latin America 0.03
Asia 0.01
Other 0.04

Top Holdings

Top Holdings
Name Percent
Canoe Bond Advantage Fund Series I 20.80
BANK OF MONTREAL TD 4.85% 01-Feb-2024 5.33
American Express Co 3.24
ARC Resources Ltd 3.08
Canoe Global Income Fund Series I 2.94
Anthem Inc 2.86
Tourmaline Oil Corp 2.70
Wells Fargo & Co 2.69
Diageo PLC 2.58
Restaurant Brands International Inc 2.36

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 10.33% 11.52% 9.17%
Beta 0.74% 0.95% 0.66%
Alpha 0.07% 0.04% 0.03%
Rsquared 0.42% 0.45% 0.31%
Sharpe 0.74% 0.70% 0.68%
Sortino 1.12% 0.91% 0.75%
Treynor 0.10% 0.08% 0.09%
Tax Efficiency 88.88% 91.52% 90.70%
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 8.93% 10.33% 11.52% 9.17%
Beta 0.97% 0.74% 0.95% 0.66%
Alpha 0.01% 0.07% 0.04% 0.03%
Rsquared 0.66% 0.42% 0.45% 0.31%
Sharpe 0.88% 0.74% 0.70% 0.68%
Sortino 1.88% 1.12% 0.91% 0.75%
Treynor 0.08% 0.10% 0.08% 0.09%
Tax Efficiency 96.25% 88.88% 91.52% 90.70%

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.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

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 Back
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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