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AlphaDelta Tactical Growth Class Series A

North American Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-22-2024)
$12.18
Change
-$0.01 (-0.09%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

AlphaDelta Tactical Growth Class Series A

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Fund Returns

Inception Return (March 31, 2016): 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 2.13% 6.45% 12.46% 6.45% 18.28% 1.58% -3.92% 4.32% 0.81% 1.72% 3.01% 3.31% - -
Benchmark 3.60% 9.93% 19.50% 9.93% 21.87% 8.95% 11.78% 18.55% 12.75% 12.43% 11.50% 12.47% 10.88% 11.55%
Category Average 2.84% 19.92% 19.92% 9.37% 20.54% 7.15% 6.97% 17.03% 10.24% 9.53% 8.96% 9.50% 7.89% 8.54%
Category Rank 108 / 177 144 / 177 162 / 176 144 / 177 112 / 172 143 / 160 133 / 136 113 / 116 109 / 110 78 / 80 74 / 77 68 / 70 - -
Quartile Ranking 3 4 4 4 3 4 4 4 4 4 4 4 - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -0.59% 2.89% 3.87% 3.93% 0.39% -5.12% -0.78% 2.53% 3.85% -1.90% 6.25% 2.13%
Benchmark 2.40% -2.16% 3.56% 2.65% -0.16% -4.09% -1.39% 7.17% 2.86% 1.77% 4.26% 3.60%

Best Monthly Return Since Inception

9.08% (October 2022)

Worst Monthly Return Since Inception

-7.51% (October 2018)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 5.77% 13.38% -1.84% 16.83% -10.41% -10.37% 4.59%
Benchmark 17.31% 5.50% 14.85% 11.54% -2.58% 24.09% 10.91% 26.72% -9.17% 17.51%
Category Average 14.45% 6.38% 4.55% 10.59% -6.12% 20.45% 16.55% 18.87% -14.77% 16.96%
Quartile Ranking - - - 4 1 4 2 4 2 4
Category Rank - - - 58/ 77 3/ 79 91/ 91 49/ 115 135/ 135 59/ 141 154/ 168

Best Calendar Return (Last 10 years)

16.83% (2020)

Worst Calendar Return (Last 10 years)

-10.41% (2021)

Asset Allocation

Asset Allocation
Name Percent
US Equity 69.74
International Equity 18.58
Commodities 11.68

Sector Allocation

Sector Allocation
Name Percent
Technology 23.26
Consumer Services 17.94
Financial Services 14.45
Exchange Traded Fund 11.68
Energy 8.28
Other 24.39

Geographic Allocation

Geographic Allocation
Name Percent
North America 81.42
Europe 15.82
Latin America 2.76

Top Holdings

Top Holdings
Name Percent
iShares Bitcoin Trust 11.68
Ally Financial Inc 10.72
Royal Caribbean Cruises Ltd 10.28
Gartner Inc 8.67
Airbnb Inc Cl A 8.37
Weatherford International PLC 8.28
Linde PLC 8.18
Service Corp International 7.66
Relx PLC - ADR 7.65
GoDaddy Inc Cl A 6.23

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)

AlphaDelta Tactical Growth Class Series A

Median

Other - North American Equity

3 Yr Annualized

Standard Deviation 12.12% 12.91% -
Beta 0.43% 0.45% -
Alpha -0.08% -0.04% -
Rsquared 0.21% 0.25% -
Sharpe -0.49% -0.02% -
Sortino -0.72% -0.17% -
Treynor -0.14% -0.01% -
Tax Efficiency - 93.20% -
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 10.91% 12.12% 12.91% -
Beta 0.64% 0.43% 0.45% -
Alpha 0.04% -0.08% -0.04% -
Rsquared 0.40% 0.21% 0.25% -
Sharpe 1.16% -0.49% -0.02% -
Sortino 2.44% -0.72% -0.17% -
Treynor 0.20% -0.14% -0.01% -
Tax Efficiency 100.00% - 93.20% -

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 March 31, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $10

Fund Codes

FundServ Code Load Code Sales Status
QWE321

Investment Objectives

The fundamental investment objective of the Fund is to provide long-term capital appreciation by investing primarily in equity (and equity equivalent) securities of individual companies, as well as ETFs listed on securities exchanges in North America.

Investment Strategy

The Fund will seek to achieve its investment objectives by implementing a tactical investment strategy under which the Fund will concentrate its investments in the sectors or industry groups that the portfolio advisor believes to represent attractive quantitative, fundamental and technical characteristics relative to the broad North American equities markets.

Portfolio Manager(s)

Name Start Date
Aventine Management Group Inc. 04-03-2016
Barry Hirowatari 02-21-2020
Amanda O'Reilly 02-21-2020

Management and Organization

Fund Manager Qwest Investment Fund Management Ltd.
Advisor Qwest Investment Fund Management Ltd.
Custodian RBC Investor Services Trust
Registrar SGGG Fund Services Inc.
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 3.85%
Management Fee 2.50%
Load Front Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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