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Canoe Enhanced Income Portfolio Class Series A

Canadian Fix Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-23-2024)
$8.08
Change
$0.00 (0.05%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

Canoe Enhanced Income Portfolio Class Series A

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Fund Returns

Inception Return (January 10, 2012): 3.31%

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 0.34% -0.18% 2.33% 2.33% 6.47% 5.25% 1.48% 2.53% 2.71% 3.08% 2.72% 2.97% 2.80% 2.78%
Benchmark 1.88% 0.62% 1.28% 1.28% 5.85% 5.31% 0.23% 1.56% 2.35% 3.07% 3.09% 3.03% 3.13% 3.27%
Category Average 0.65% 2.45% 2.45% 2.45% 6.52% 5.78% 0.37% 2.04% 2.18% 2.55% 2.48% 2.62% 2.53% 2.64%
Category Rank 381 / 421 420 / 421 284 / 420 284 / 420 258 / 418 300 / 415 108 / 389 147 / 355 129 / 344 129 / 309 144 / 290 130 / 277 134 / 256 152 / 246
Quartile Ranking 4 4 3 3 3 3 2 2 2 2 2 2 3 3

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.95% -1.07% -2.32% -0.83% 4.25% 3.16% -0.34% 1.16% 1.68% -1.63% 1.13% 0.34%
Benchmark -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91% 0.69% 1.88%

Best Monthly Return Since Inception

4.65% (April 2020)

Worst Monthly Return Since Inception

-4.71% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.88% 0.90% 4.47% 4.11% -0.86% 6.46% 5.83% 5.00% -5.01% 4.87%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking 3 4 3 3 2 4 3 2 1 4
Category Rank 156/ 238 209/ 254 137/ 264 158/ 287 79/ 300 312/ 324 262/ 353 133/ 376 10/ 392 414/ 416

Best Calendar Return (Last 10 years)

6.88% (2014)

Worst Calendar Return (Last 10 years)

-5.01% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 30.66
Foreign Government Bonds 15.97
US Equity 14.83
Canadian Equity 12.98
Cash and Equivalents 12.56
Other 13.00

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 58.26
Cash and Cash Equivalent 12.55
Financial Services 8.24
Energy 4.39
Consumer Services 3.41
Other 13.15

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.08
Europe 1.40
Multi-National 0.29
Latin America 0.20
Asia 0.02
Other 0.01

Top Holdings

Top Holdings
Name Percent
Canoe Enhanced Income Fund Series A 100.10
Cash and Cash Equivalents -0.10

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 Enhanced Income Portfolio Class Series A

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 6.89% 6.46% 5.18%
Beta 0.86% 0.83% 0.82%
Alpha 0.01% 0.01% 0.00%
Rsquared 0.89% 0.91% 0.88%
Sharpe -0.19% 0.12% 0.27%
Sortino -0.27% -0.03% -0.03%
Treynor -0.02% 0.01% 0.02%
Tax Efficiency - 29.59% 24.87%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 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 6.69% 6.89% 6.46% 5.18%
Beta 0.82% 0.86% 0.83% 0.82%
Alpha 0.02% 0.01% 0.01% 0.00%
Rsquared 0.88% 0.89% 0.91% 0.88%
Sharpe 0.24% -0.19% 0.12% 0.27%
Sortino 0.95% -0.27% -0.03% -0.03%
Treynor 0.02% -0.02% 0.01% 0.02%
Tax Efficiency 68.13% - 29.59% 24.87%

Fund Details

Start Date January 10, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
GOC901
GOC902

Investment Objectives

The Fund aims to provide a return that is similar to the return of Canoe Enhanced Income Fund (the Underlying Fund), a fixed income balanced mutual fund managed by the Manager, or by an affiliate or associate of the Manager. The Fund invests indirectly through the Partnership primarily in securities of the Underlying Fund and/or it may invest some or all of its net assets indirectly through the Partnership in securities similar to those held by the Underlying Fund.

Investment Strategy

Currently, the Fund seeks to achieve its investment objectives by investing substantially all of its net assets indirectly through the Partnership in units of the Underlying Fund. The Fund may also invest indirectly through the Partnership in securities similar to those held by the Underlying Fund.

Portfolio Manager(s)

Name Start Date
Marc Goldfried 12-14-2011

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 1.98%
Management Fee 1.60%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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