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

AlphaDelta Tactical Growth Class Series A

North American Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(11-07-2024)
$13.18
Change
$0.03 (0.19%)

As at September 30, 2024

As at September 30, 2024

Period
Loading...

Legend

AlphaDelta Tactical Growth Class Series A

Compare Options


Fund Returns

Inception Return (March 31, 2016): 2.66%

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 1.66% -1.15% -3.66% 2.55% 8.34% 4.90% -1.20% -2.41% 0.10% -0.91% 1.84% 2.77% - -
Benchmark 2.69% 7.49% 10.06% 21.00% 31.53% 22.84% 12.03% 15.31% 13.78% 12.61% 12.79% 12.57% 12.74% 11.88%
Category Average 1.78% 5.80% 6.15% 16.11% 27.31% 19.93% 7.16% 11.50% 11.06% 9.28% 9.77% 9.56% 9.20% 8.76%
Category Rank 79 / 186 178 / 181 181 / 181 180 / 181 180 / 181 173 / 174 143 / 146 135 / 138 114 / 114 89 / 89 80 / 81 79 / 80 - -
Quartile Ranking 2 4 4 4 4 4 4 4 4 4 4 4 - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -0.78% 2.53% 3.85% -1.90% 6.25% 2.13% -4.92% 1.19% 1.30% -0.49% -2.28% 1.66%
Benchmark -1.39% 7.17% 2.86% 1.77% 4.26% 3.60% -2.26% 3.45% 1.28% 4.00% 0.64% 2.69%

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 - - - 62/ 81 3/ 83 95/ 95 49/ 121 141/ 141 62/ 147 158/ 174

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 83.58
International Equity 16.42

Sector Allocation

Sector Allocation
Name Percent
Technology 27.88
Consumer Services 16.14
Exchange Traded Fund 14.64
Real Estate 9.95
Industrial Services 9.39
Other 22.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 83.58
Europe 13.99
Latin America 2.43

Top Holdings

Top Holdings
Name Percent
Cintas Corp 9.39
MicroStrategy Inc Cl A 9.37
Costco Wholesale Corp 8.97
Linde PLC 7.71
Sprott Uranium Miners ETF 7.66
Extra Space Storage Inc 7.52
Uber Technologies Inc 7.48
Leidos Holdings Inc 7.33
Netflix Inc 7.17
SPDR S&P Biotech ETF (XBI) 6.98

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 11.64% 13.03% -
Beta 0.42% 0.47% -
Alpha -0.06% -0.06% -
Rsquared 0.22% 0.27% -
Sharpe -0.34% -0.10% -
Sortino -0.45% -0.24% -
Treynor -0.09% -0.03% -
Tax Efficiency - 45.33% -
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 10.36% 11.64% 13.03% -
Beta 0.82% 0.42% 0.47% -
Alpha -0.14% -0.06% -0.06% -
Rsquared 0.49% 0.22% 0.27% -
Sharpe 0.37% -0.34% -0.10% -
Sortino 0.88% -0.45% -0.24% -
Treynor 0.05% -0.09% -0.03% -
Tax Efficiency 100.00% - 45.33% -

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 4.40%
Management Fee 2.50%
Load Back 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) -

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