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Desjardins American Equity Growth Currency Neutral Fund A Class

U.S. 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

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NAVPS
(02-13-2025)
$27.25
Change
$0.32 (1.18%)

As at January 31, 2025

As at January 31, 2025

As at December 31, 2024

Period
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Legend

Desjardins American Equity Growth Currency Neutral Fund A Class

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Fund Returns

Inception Return (April 11, 2016): 12.93%

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 2.50% 8.87% 11.48% 2.50% 25.51% 25.42% 7.52% 6.51% 10.07% 12.94% 11.03% 13.61% - -
Benchmark 3.46% 10.56% 15.50% 3.46% 36.63% 28.71% 16.86% 18.29% 17.26% 18.12% 16.06% 16.48% 15.95% 15.24%
Category Average 4.07% 8.73% 12.59% 4.07% 28.70% 22.61% 12.49% 13.73% 13.28% 14.02% 11.81% 12.54% 12.42% 11.35%
Category Rank 1,238 / 1,329 802 / 1,328 825 / 1,308 1,238 / 1,329 895 / 1,289 603 / 1,203 1,048 / 1,139 1,059 / 1,077 882 / 1,016 698 / 952 610 / 862 395 / 791 - -
Quartile Ranking 4 3 3 4 3 3 4 4 4 3 3 2 - -

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 6.86% 1.74% -5.58% 4.39% 4.98% 0.08% 1.84% 1.97% -1.39% 7.15% -0.88% 2.50%
Benchmark 6.70% 3.07% -2.70% 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46%

Best Monthly Return Since Inception

15.69% (April 2020)

Worst Monthly Return Since Inception

-13.84% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - 28.98% -2.54% 36.74% 32.65% 11.73% -34.63% 35.21% 24.44%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking - - 1 3 1 1 4 4 1 3
Category Rank - - 26/ 769 591/ 855 11/ 927 79/ 1,003 1,026/ 1,068 1,098/ 1,123 134/ 1,187 846/ 1,284

Best Calendar Return (Last 10 years)

36.74% (2019)

Worst Calendar Return (Last 10 years)

-34.63% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 95.48
International Equity 2.28
Canadian Equity 1.34
Cash and Equivalents 0.61
Income Trust Units 0.27
Other 0.02

Sector Allocation

Sector Allocation
Name Percent
Technology 48.75
Consumer Services 13.95
Healthcare 9.95
Financial Services 9.20
Consumer Goods 5.11
Other 13.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.71
Europe 1.30
Africa and Middle East 0.43
Asia 0.37
Latin America 0.18
Other 0.01

Top Holdings

Top Holdings
Name Percent
Desjardins American Equity Growth Fund I Class 101.03
Cash and Cash Equivalents 0.28
USD Currency Forward -1.31

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)

Desjardins American Equity Growth Currency Neutral Fund A Class

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 20.60% 21.73% -
Beta 1.40% 1.41% -
Alpha -0.14% -0.12% -
Rsquared 0.87% 0.86% -
Sharpe 0.27% 0.44% -
Sortino 0.45% 0.62% -
Treynor 0.04% 0.07% -
Tax Efficiency 100.00% 96.67% -
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.62% 20.60% 21.73% -
Beta 1.26% 1.40% 1.41% -
Alpha -0.17% -0.14% -0.12% -
Rsquared 0.85% 0.87% 0.86% -
Sharpe 1.54% 0.27% 0.44% -
Sortino 3.35% 0.45% 0.62% -
Treynor 0.15% 0.04% 0.07% -
Tax Efficiency 100.00% 100.00% 96.67% -

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 April 11, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $38

Fund Codes

FundServ Code Load Code Sales Status
DJT00162

Investment Objectives

The objective of this Fund is to achieve long-term capital appreciation. To achieve this, it invests primarily in the units of mutual funds which, in turn, invest primarily in equity and equity-related securities of companies located in the United States. The Fund also aims to keep exposure to exchange rate fluctuations of the U.S. dollar relative to the Canadian dollar at a minimum by implementing an exchange rate hedging strategy in respect of the mutual fund units that it holds.

Investment Strategy

The Fund will invest in units of American equity funds managed by the Manager that are consistent with the investment objective of the Fund. The decision to invest in an underlying fund is based on the portfolio manager’s assessment of the market outlook and the underlying fund’s ability to help the Fund meet its investment objective. Currently, the Fund invests primarily in the units of the Desjardins American Equity Growth Fund (the “Underlying Fund”).

Portfolio Manager(s)

Name Start Date
Desjardins Global Asset Management Inc. 08-06-2021
Wellington Management Canada ULC 03-31-2023

Management and Organization

Fund Manager Desjardins Investments Inc.
Advisor Desjardins Global Asset Management Inc.
Custodian Desjardins Trust Inc.
Registrar Desjardins Investments Inc.
Distributor -
Auditor PricewaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 1,000
SWP Min Withdrawal 100

Fees

MER 2.18%
Management Fee 1.63%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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