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Alternative Multi-Stratgy
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NAVPS (05-17-2024) |
$15.75 |
---|---|
Change |
$0.00
(0.02%)
|
As at April 30, 2024
Inception Return (April 24, 2019): 7.21%
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 | 0.47% | 3.27% | 8.18% | 4.25% | 9.70% | 4.28% | 3.95% | 9.38% | 7.22% | - | - | - | - | - |
Benchmark | -1.82% | 4.10% | 16.91% | 4.68% | 8.73% | 5.66% | 7.59% | 13.51% | 8.86% | 8.98% | 8.12% | 8.95% | 7.25% | 7.22% |
Category Average | -0.87% | 6.57% | 6.57% | 2.48% | 5.22% | 2.23% | 1.40% | 4.25% | 2.88% | - | - | - | - | - |
Category Rank | 39 / 105 | 40 / 100 | 32 / 100 | 40 / 100 | 19 / 91 | 18 / 73 | 18 / 61 | 8 / 51 | 6 / 45 | - | - | - | - | - |
Quartile Ranking | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 | - | - | - | - | - |
Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.32% | 0.52% | -0.08% | 0.74% | 0.98% | -1.06% | 0.69% | 3.06% | 0.95% | 1.50% | 1.27% | 0.47% |
Benchmark | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% |
5.33% (April 2020)
-6.84% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | - | - | - | 16.52% | 8.10% | 1.04% | 5.69% |
Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
Category Average | - | - | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% |
Quartile Ranking | - | - | - | - | - | - | 1 | 3 | 2 | 2 |
Category Rank | - | - | - | - | - | - | 9/ 47 | 32/ 58 | 25/ 71 | 31/ 91 |
16.52% (2020)
1.04% (2022)
Name | Percent |
---|---|
Cash and Equivalents | 52.33 |
Canadian Equity | 23.48 |
Canadian Corporate Bonds | 14.07 |
US Equity | 5.29 |
Foreign Corporate Bonds | 2.81 |
Other | 2.02 |
Name | Percent |
---|---|
Cash and Cash Equivalent | 52.33 |
Fixed Income | 16.54 |
Financial Services | 9.96 |
Industrial Services | 6.61 |
Real Estate | 6.02 |
Other | 8.54 |
Name | Percent |
---|---|
North America | 98.42 |
Asia | 1.00 |
Latin America | 0.54 |
Europe | -0.01 |
Other | 0.05 |
Forge First Conservative Alternative Fund Series A
Median
Other - Alternative Multi-Stratgy
Standard Deviation | 3.19% | 5.85% | - |
---|---|---|---|
Beta | 0.05% | 0.24% | - |
Alpha | 0.04% | 0.05% | - |
Rsquared | 0.05% | 0.42% | - |
Sharpe | 0.37% | 0.88% | - |
Sortino | 0.48% | 1.15% | - |
Treynor | 0.23% | 0.21% | - |
Tax Efficiency | 98.41% | - | - |
Volatility | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 3.39% | 3.19% | 5.85% | - |
Beta | 0.11% | 0.05% | 0.24% | - |
Alpha | 0.08% | 0.04% | 0.05% | - |
Rsquared | 0.17% | 0.05% | 0.42% | - |
Sharpe | 1.34% | 0.37% | 0.88% | - |
Sortino | 4.71% | 0.48% | 1.15% | - |
Treynor | 0.42% | 0.23% | 0.21% | - |
Tax Efficiency | 98.45% | 98.41% | - | - |
Start Date | April 24, 2019 |
---|---|
Instrument Type | Mutual Fund (Alternative) |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Annual |
Assets ($mil) | - |
FundServ Code | Load Code | Sales Status |
---|---|---|
FOR200 |
The investment objective of the Fund is to generate consistent risk-adjusted net returns over the long term with low correlation to North American equity and credit markets.
To achieve its investment objective, the Fund utilizes equity and fixed-income security selection, an active shorting strategy, capital structure arbitrage, convertible arbitrage, merger arbitrage, fixed-income investing, preferred equity investing, pairs trading, arbitrage trading, thematic trading, and the use of derivatives for leverage and/or borrowing for investment purposes.
Name | Start Date |
---|---|
Andrew McCreath | 05-01-2014 |
Fund Manager | Forge First Asset Management Inc. |
---|---|
Advisor | Forge First Asset Management Inc. |
Custodian | BMO Nesbitt Burns Inc |
Registrar | Pinnacle Fund Services Ltd. |
Distributor | - |
Auditor | Deloitte LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 500 |
PAC Subsequent | 100 |
SWP Allowed | Yes |
SWP Min Balance | 1,000 |
SWP Min Withdrawal | 0 |
MER | 2.40% |
---|---|
Management Fee | 2.00% |
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) | - |
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