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Lincluden Balanced Fund Series O

Global Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022

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NAVPS
(06-24-2024)
$17.70
Change
$0.11 (0.60%)

As at May 31, 2024

As at May 31, 2024

As at February 29, 2024

Period
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Legend

Lincluden Balanced Fund Series O

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Fund Returns

Inception Return (September 29, 2000): 7.23%

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 2.24% 2.05% 7.70% 4.15% 12.06% 7.34% 6.64% 10.79% 8.70% 7.70% 7.09% 7.25% 6.84% 6.87%
Benchmark 1.73% 1.94% 8.09% 5.92% 12.59% 9.18% 3.91% 4.98% 5.61% 5.55% 5.21% 6.18% 6.05% 6.97%
Category Average 2.20% 7.71% 7.71% 4.67% 11.08% 5.85% 2.49% 5.52% 4.86% 4.50% 4.19% 4.85% 4.14% 4.56%
Category Rank 721 / 1,711 1,085 / 1,700 893 / 1,700 1,169 / 1,700 595 / 1,654 514 / 1,597 48 / 1,439 16 / 1,325 19 / 1,273 36 / 1,148 57 / 1,043 90 / 939 70 / 816 104 / 710
Quartile Ranking 2 3 3 3 2 2 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.68% 1.00% -0.41% -2.41% -0.33% 4.60% 3.41% 0.48% 1.57% 2.05% -2.19% 2.24%
Benchmark 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73%

Best Monthly Return Since Inception

9.35% (November 2020)

Worst Monthly Return Since Inception

-9.72% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.12% 4.93% 9.99% 5.06% -2.85% 13.48% 8.80% 16.68% -1.85% 9.58%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking 4 3 1 4 2 2 2 1 1 3
Category Rank 510/ 664 413/ 788 39/ 893 830/ 979 521/ 1,122 463/ 1,225 472/ 1,307 87/ 1,391 29/ 1,530 842/ 1,648

Best Calendar Return (Last 10 years)

16.68% (2021)

Worst Calendar Return (Last 10 years)

-2.85% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 28.85
Canadian Government Bonds 22.01
US Equity 19.25
Canadian Corporate Bonds 12.63
International Equity 9.61
Other 7.65

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 36.28
Financial Services 12.76
Consumer Services 9.78
Technology 7.93
Energy 6.21
Other 27.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.38
Europe 9.55
Latin America 0.06
Other 0.01

Top Holdings

Top Holdings
Name Percent
Canada Government 2.50% 01-Dec-2032 6.74
Canada Housing Trust No 1 5.42% 15-Sep-2024 2.49
CANADIAN DOLLARS 2.09
Royal Bank of Canada 1.93
Ontario Province 2.60% 02-Jun-2027 1.76
Ontario Province 2.65% 02-Dec-2050 1.72
United States Treasury 3.63% 15-Feb-2053 1.65
CAD Forward 07-25-24 1.63
Toronto-Dominion Bank 1.62
Quebec Province 2.30% 01-Sep-2029 1.54

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Lincluden Balanced Fund Series O

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 7.86% 9.90% 8.02%
Beta 0.73% 0.97% 0.74%
Alpha 0.04% 0.03% 0.02%
Rsquared 0.73% 0.62% 0.51%
Sharpe 0.49% 0.69% 0.69%
Sortino 0.77% 0.92% 0.76%
Treynor 0.05% 0.07% 0.08%
Tax Efficiency 68.24% 75.41% 73.73%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 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 7.24% 7.86% 9.90% 8.02%
Beta 0.86% 0.73% 0.97% 0.74%
Alpha 0.01% 0.04% 0.03% 0.02%
Rsquared 0.81% 0.73% 0.62% 0.51%
Sharpe 0.95% 0.49% 0.69% 0.69%
Sortino 2.34% 0.77% 0.92% 0.76%
Treynor 0.08% 0.05% 0.07% 0.08%
Tax Efficiency 89.18% 68.24% 75.41% 73.73%

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 September 29, 2000
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency No Distribution
Assets ($mil) $30

Fund Codes

FundServ Code Load Code Sales Status
LML100

Investment Objectives

The investment objective of the Fund is to generate both capital appreciation (growth) and income, while maintaining a relatively low level of risk. To achieve its objective, the Fund invests in a diverse portfolio of stocks, government and corporate bonds, and short-term instruments such as Government of Canada treasury bills.

Investment Strategy

Our investment philosophy is broadly defined as value oriented. The philosophy is consistently applied at the asset mix level and within each asset class. Equity management is fundamentally driven in order to identify securities that are trading at a substantial discount to our appraisal of their fair value. We screen a broad universe of Canadian, U.S. and international stocks across the capitalization spectrum in our search for securities which are undervalued.

Portfolio Manager(s)

Name Start Date
Lincluden Investment Management 09-29-2000

Management and Organization

Fund Manager Lincluden Investment Management
Advisor Lincluden Investment Management
Custodian CIBC Mellon Trust Company
Registrar CIBC Mellon Global Securities Services Company
Distributor Lincluden Management Limited
Auditor KPMG LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 25,000
SWP Min Withdrawal 100

Fees

MER 0.10%
Management Fee 1.75%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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