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MD Strategic Opportunities Fund Series A

Global Small/Mid Cap Eq

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(06-13-2024)
$13.43
Change
-$0.07 (-0.52%)

As at May 31, 2024

As at May 31, 2024

Period
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Legend

MD Strategic Opportunities Fund Series A

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Fund Returns

Inception Return (June 20, 2014): 6.78%

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 2.95% 7.59% 12.50% 8.71% 18.10% 8.70% 5.47% 10.26% 8.17% 6.44% 6.45% 7.44% 6.21% -
Benchmark 2.98% 3.56% 13.33% 7.33% 20.50% 11.43% 4.54% 11.13% 8.64% 6.46% 6.99% 8.50% 7.31% 8.65%
Category Average 3.74% 12.46% 12.46% 6.82% 16.04% 9.19% 1.62% 9.42% 7.17% 4.60% 4.83% 6.03% 4.76% 5.63%
Category Rank 164 / 274 44 / 274 133 / 271 101 / 271 101 / 267 134 / 242 77 / 232 101 / 203 101 / 181 76 / 155 64 / 144 65 / 137 60 / 123 -
Quartile Ranking 3 1 2 2 2 3 2 2 3 2 2 2 2 -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.89% 3.54% -1.38% -4.21% -1.12% 6.53% 3.49% -2.24% 3.35% 5.53% -0.97% 2.95%
Benchmark 4.01% 4.07% -0.53% -4.79% -3.18% 7.14% 5.59% -1.54% 5.26% 3.87% -3.18% 2.98%

Best Monthly Return Since Inception

10.12% (April 2020)

Worst Monthly Return Since Inception

-13.91% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - 7.43% 8.24% 9.61% -4.09% 15.84% 7.04% 15.03% -6.64% 9.11%
Benchmark 9.59% 16.61% 7.47% 15.40% -7.34% 20.09% 11.07% 15.50% -13.14% 14.59%
Category Average 6.30% 9.56% 3.48% 12.62% -10.42% 13.76% 14.53% 12.37% -15.59% 12.82%
Quartile Ranking - 4 2 3 1 3 3 2 2 3
Category Rank - 90/ 108 51/ 137 105/ 142 22/ 152 93/ 178 130/ 184 94/ 219 77/ 241 189/ 257

Best Calendar Return (Last 10 years)

15.84% (2019)

Worst Calendar Return (Last 10 years)

-6.64% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 52.43
International Equity 32.93
Canadian Equity 5.30
Commodities 4.35
Cash and Equivalents 1.21
Other 3.78

Sector Allocation

Sector Allocation
Name Percent
Exchange Traded Fund 52.31
Basic Materials 12.16
Utilities 5.18
Energy 5.08
Industrial Services 4.59
Other 20.68

Geographic Allocation

Geographic Allocation
Name Percent
North America 63.61
Multi-National 21.56
Europe 6.68
Asia 4.89
Latin America 1.76
Other 1.50

Top Holdings

Top Holdings
Name Percent
iShares Global Infrastructure ETF (IGF) 9.17
Vanguard FTSE All-World exUS SmllCap Idx ETF (VSS) 8.72
Vanguard Small-Cap Index ETF (VB) 8.09
iShares MSCI Global Min Vol Factor ETF (ACWV) 8.00
Vanguard Mid-Cap Index ETF (VO) 7.02
FlexMorningstar Glbl Upstm Ntrl Res Idx ETF (GUNR) 6.01
VanEck Gold Miners ETF (GDX) 5.78
Vanguard Real Estate Index ETF (VNQ) 5.76
iShares Micro-Cap ETF (IWC) 5.05
Vanguard Small-Cap Value Index ETF (VBR) 4.57

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

MD Strategic Opportunities Fund Series A

Median

Other - Global Small/Mid Cap Eq

3 Yr Annualized

Standard Deviation 12.29% 13.73% -
Beta 0.77% 0.80% -
Alpha 0.02% 0.01% -
Rsquared 0.88% 0.91% -
Sharpe 0.26% 0.49% -
Sortino 0.38% 0.61% -
Treynor 0.04% 0.09% -
Tax Efficiency 71.35% 81.03% -
Volatility 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 11.59% 12.29% 13.73% -
Beta 0.77% 0.77% 0.80% -
Alpha 0.02% 0.02% 0.01% -
Rsquared 0.86% 0.88% 0.91% -
Sharpe 1.08% 0.26% 0.49% -
Sortino 2.54% 0.38% 0.61% -
Treynor 0.16% 0.04% 0.09% -
Tax Efficiency 98.24% 71.35% 81.03% -

Fund Details

Start Date June 20, 2014
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Restricted
Currency CAD
Distribution Frequency Annual
Assets ($mil) $7

Fund Codes

FundServ Code Load Code Sales Status
MDM420

Investment Objectives

The Fund’s objective is to provide long-term capital appreciation. The Fund invests primarily to obtain exposure to alternative or non-traditional asset classes or strategies that have a low correlation to traditional asset classes. The Fund invests primarily in equity securities, exchange-traded funds (ETFs) listed on a Canadian or U.S. stock exchange and fixed-income securities that emphasize alternative or non-traditional asset classes or strategies.

Investment Strategy

The Fund may invest in any one alternative or non-traditional asset category which is expected to complement or have a low correlation to traditional asset categories within the following ranges: 0% to 100% equities, 0% to 100% ETFs, 0% to 25% fixed-income securities, 0% to 10% Commodity and U.S. ETFs (defined below), and 0% to 25% cash equivalents or debt instruments with a remaining term to maturity of 365 days or less.

Portfolio Manager(s)

Name Start Date
1832 Asset Management L.P. 05-27-2022

Management and Organization

Fund Manager MD Financial Management Inc.
Advisor 1832 Asset Management L.P.
Custodian State Street Trust Company Canada
Registrar MD Financial Management Inc.
Distributor MD Financial Management Inc.
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 3,000
PAC Subsequent 1,000
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 0

Fees

MER 1.57%
Management Fee 1.64%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.00%
Trailer Fee Max (LL) -

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