Join Fund Library now and get free access to personalized features to help you manage your investments.

Add to My Watchlist

Global Infrastruct Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-15-2024)
$9.17
Change
-$0.06 (-0.69%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
Loading...

Legend

Middlefield Global Infrastructure Fund Series A

Compare Options


Fund Returns

Inception Return (June 12, 2013): 5.22%

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 3.34% -0.67% -3.42% 4.13% 7.43% -0.33% 2.70% 6.40% 3.43% 4.13% 4.11% 4.34% 3.20% 3.53%
Benchmark 2.94% 10.27% 20.07% 10.27% 23.05% 11.13% 9.29% 15.98% 11.08% 10.21% 10.43% 11.39% 9.83% 10.93%
Category Average 3.15% 10.75% 10.75% 1.72% 1.21% 0.70% 4.78% 7.63% 3.21% 4.42% 3.90% - - -
Category Rank 52 / 141 9 / 141 96 / 141 9 / 141 6 / 137 90 / 129 97 / 105 77 / 98 60 / 93 61 / 77 48 / 74 54 / 66 43 / 48 45 / 45
Quartile Ranking 2 1 3 1 1 3 4 4 3 4 3 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.48% -2.09% 2.38% 2.87% -1.79% -5.11% -3.42% 4.72% 4.61% -0.67% 1.45% 3.34%
Benchmark 1.71% -0.97% 2.98% 3.28% -0.19% -4.15% -0.71% 6.95% 2.53% 1.41% 5.64% 2.94%

Best Monthly Return Since Inception

9.60% (July 2022)

Worst Monthly Return Since Inception

-12.67% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 10.22% 1.87% -0.47% 9.22% -4.99% 22.44% -2.86% 12.07% -5.13% 0.99%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average - - - 10.97% -3.31% 19.09% -6.43% 11.71% 0.47% 2.25%
Quartile Ranking 4 2 4 3 4 2 2 3 4 3
Category Rank 36/ 44 23/ 47 56/ 56 41/ 74 67/ 75 35/ 89 37/ 93 56/ 105 107/ 115 90/ 137

Best Calendar Return (Last 10 years)

22.44% (2019)

Worst Calendar Return (Last 10 years)

-5.13% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 36.03
Income Trust Units 26.22
International Equity 19.72
US Equity 15.21
Cash and Equivalents 2.81
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Real Estate 28.52
Energy 23.58
Utilities 18.40
Industrial Goods 15.20
Industrial Services 8.73
Other 5.57

Geographic Allocation

Geographic Allocation
Name Percent
North America 80.27
Europe 16.39
Asia 3.33
Other 0.01

Top Holdings

Top Holdings
Name Percent
Ferrovial SA 5.80
Union Pacific Corp 5.41
Topaz Energy Corp 4.83
Enbridge Inc 4.77
Boardwalk REIT - Units 4.65
CNH Industrial NV 4.27
Canadian Apartment Properties REIT - Units 4.03
Prysmian SpA 3.83
Atkore Inc 3.77
Gibson Energy Inc 3.75

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Middlefield Global Infrastructure Fund Series A

Median

Other - Global Infrastruct Equity

3 Yr Annualized

Standard Deviation 12.63% 12.97% 10.92%
Beta 0.78% 0.77% 0.74%
Alpha -0.04% -0.05% -0.04%
Rsquared 0.63% 0.64% 0.64%
Sharpe 0.07% 0.18% 0.25%
Sortino 0.05% 0.13% 0.13%
Treynor 0.01% 0.03% 0.04%
Tax Efficiency 11.06% 30.62% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.14% 12.63% 12.97% 10.92%
Beta 0.93% 0.78% 0.77% 0.74%
Alpha -0.12% -0.04% -0.05% -0.04%
Rsquared 0.75% 0.63% 0.64% 0.64%
Sharpe 0.27% 0.07% 0.18% 0.25%
Sortino 0.66% 0.05% 0.13% 0.13%
Treynor 0.03% 0.01% 0.03% 0.04%
Tax Efficiency 64.05% 11.06% 30.62% -

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 June 12, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $11

Fund Codes

FundServ Code Load Code Sales Status
MID510
MID519
MID520

Investment Objectives

The Fund's objective is to maximize long-term total return. The Fund invests primarily in equity and fixed income securities of global issuers.

Investment Strategy

In determining which individual investments to include in the portfolio the Manager will consider: a company’s balance sheet, cash flow characteristics, profitability, industry position, future growth potential and management ability. The investment strategy follows strong disciplines with regard to price paid to acquire portfolio investments. The portfolio will be invested with a focus on those issuers offering either direct or indirect exposure to infrastructure.

Portfolio Manager(s)

Name Start Date
Robert F. Lauzon 12-08-2020
Dennis da Silva 07-12-2022

Management and Organization

Fund Manager Middlefield Limited (ML)
Advisor Middlefield Capital Corporation (MCC)
Custodian RBC Investor Services Trust (Canada)
Registrar RBC Investor Services Trust (Canada)
Distributor Middlefield Capital Corporation
Auditor Deloitte & Touche LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 1,000
SWP Min Withdrawal 100

Fees

MER 2.92%
Management Fee 2.00%
Load Choice of Front or Back
FE Max 1.00%
DSC Max -
LL Max 1.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.00%
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.