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Canoe North American Monthly Income Portfolio Class Series A
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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FundGrade A+® Rating Recipient
2024, 2023, 2022, 2017, 2016
Click for more information on Fundata’s FundGrade
|
NAVPS (06-18-2026) |
$12.55 |
|---|---|
| Change |
-$0.01
(-0.09%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (December 21, 2012): 7.53%
| 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 | -0.05% | 0.04% | 5.44% | 5.02% | 11.04% | 10.97% | 11.54% | 7.64% | 8.02% | 10.15% | 8.50% | 7.62% | 6.88% | 7.11% |
| Benchmark | 4.15% | 4.24% | 6.13% | 7.49% | 17.74% | 14.74% | 14.02% | 11.92% | 8.11% | 8.14% | 8.14% | 7.77% | 7.25% | 7.84% |
| Category Average | 2.60% | 2.28% | 5.38% | 5.90% | 14.32% | 11.64% | 11.45% | 8.71% | 6.06% | 7.52% | 6.76% | 6.24% | 5.81% | 6.18% |
| Category Rank | 1,763 / 1,773 | 1,677 / 1,770 | 966 / 1,753 | 1,329 / 1,754 | 1,468 / 1,730 | 1,154 / 1,653 | 907 / 1,582 | 1,262 / 1,554 | 339 / 1,395 | 140 / 1,281 | 249 / 1,237 | 298 / 1,104 | 303 / 981 | 302 / 877 |
| Quartile Ranking | 4 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 1 | 1 | 1 | 2 | 2 | 2 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.76% | -1.74% | 1.75% | 2.03% | -0.33% | 1.79% | 0.39% | 1.55% | 3.38% | -2.60% | 2.76% | -0.05% |
| Benchmark | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% |
Best Monthly Return Since Inception
7.18% (April 2020)
Worst Monthly Return Since Inception
-10.13% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.08% | 4.62% | -3.79% | 9.31% | 4.75% | 18.40% | 0.93% | 4.71% | 13.40% | 8.86% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | 1 | 4 | 3 | 4 | 4 | 1 | 1 | 4 | 3 | 3 |
| Category Rank | 122/ 840 | 799/ 914 | 698/ 1,059 | 1,114/ 1,175 | 981/ 1,264 | 46/ 1,348 | 24/ 1,490 | 1,555/ 1,577 | 829/ 1,625 | 1,061/ 1,680 |
Best Calendar Return (Last 10 years)
18.40% (2021)
Worst Calendar Return (Last 10 years)
-3.79% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 33.00 |
| US Equity | 23.02 |
| Canadian Corporate Bonds | 14.13 |
| Cash and Equivalents | 13.79 |
| Foreign Government Bonds | 8.06 |
| Other | 8.00 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 29.68 |
| Cash and Cash Equivalent | 13.79 |
| Energy | 13.21 |
| Financial Services | 10.57 |
| Industrial Services | 6.78 |
| Other | 25.97 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 98.99 |
| Europe | 0.53 |
| Latin America | 0.35 |
| Asia | 0.14 |
Top Holdings
| Name | Percent |
|---|---|
| Canoe Bond Advantage Fund Series I | 21.14 |
| Canoe Unconstrained Bond Fund Series I | 7.66 |
| Canoe Global Income Fund Series I | 4.70 |
| CANADIAN TREASURY BILL | 4.59 |
| Canadian National Railway Co | 3.54 |
| Tourmaline Oil Corp | 3.46 |
| Restaurant Brands International Inc | 2.31 |
| Visa Inc Cl A | 1.99 |
| Prairiesky Royalty Ltd | 1.94 |
| CVS Health Corp | 1.87 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canoe North American Monthly Income Portfolio Class Series A
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 6.82% | 8.09% | 7.94% |
|---|---|---|---|
| Beta | 0.68 | 0.66 | 0.72 |
| Alpha | 0.02 | 0.03 | 0.02 |
| Rsquared | 0.49% | 0.47% | 0.45% |
| Sharpe | 1.12 | 0.64 | 0.67 |
| Sortino | 2.19 | 0.97 | 0.78 |
| Treynor | 0.11 | 0.08 | 0.07 |
| Tax Efficiency | 82.05% | 74.99% | 69.44% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.21% | 6.82% | 8.09% | 7.94% |
| Beta | 0.43 | 0.68 | 0.66 | 0.72 |
| Alpha | 0.03 | 0.02 | 0.03 | 0.02 |
| Rsquared | 0.27% | 0.49% | 0.47% | 0.45% |
| Sharpe | 1.34 | 1.12 | 0.64 | 0.67 |
| Sortino | 2.18 | 2.19 | 0.97 | 0.78 |
| Treynor | 0.19 | 0.11 | 0.08 | 0.07 |
| Tax Efficiency | 80.16% | 82.05% | 74.99% | 69.44% |
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 | December 21, 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 |
|---|---|---|
| GOC6001 | ||
| GOC6002 | ||
| GOC60022 |
Investment Objectives
? Income with long term capital growth The Fund aims to generate income and long term capital growth by investing indirectly through the Partnership primarily in high-yielding equity securities and corporate bonds of North American issuers. The Fund may also invest indirectly through the Partnership primarily in securities of mutual funds. The fundamental investment objectives cannot be changed without approval of a majority of the securityholders of the Fund.
Investment Strategy
The Fund seeks to achieve its investment objectives by investing indirectly through the Partnership approximately half of its net assets in equity securities of North American issuers and investing the remainder in fixed income securities of North American issuers. The portfolio manager will determine whether to invest indirectly through the Partnership in equity securities and bonds of North American issuers or in such securities through investing in other mutual funds.
Portfolio Management
| Portfolio Manager |
Canoe Financial LP
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Canoe Financial LP |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
International Financial Data Services (Canada) Ltd |
| Distributor |
- |
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 | 1.95% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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