Join Fund Library now and get free access to personalized features to help you manage your investments.
Alternative Multi-Stratgy
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
2022
Click for more information on Fundata’s FundGrade
|
NAVPS (09-17-2024) |
$16.15 |
|---|---|
| Change |
$0.01
(0.06%)
|
As at August 31, 2024
Loading...
Inception Return (April 24, 2019): 7.12%
| 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 | -1.86% | 2.10% | 3.72% | 6.28% | 10.19% | 6.58% | 4.20% | 7.86% | 7.67% | - | - | - | - | - |
| Benchmark | 1.22% | 5.65% | 11.01% | 13.65% | 18.77% | 13.51% | 7.58% | 12.41% | 10.63% | 9.56% | 9.63% | 9.33% | 9.26% | 7.32% |
| Category Average | -0.23% | 2.86% | 2.86% | 4.48% | 7.36% | 4.69% | 1.23% | 3.35% | 3.07% | - | - | - | - | - |
| Category Rank | 74 / 99 | 46 / 98 | 43 / 97 | 37 / 93 | 36 / 90 | 33 / 70 | 16 / 60 | 7 / 49 | 7 / 43 | - | - | - | - | - |
| Quartile Ranking | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | - | - | - | - | - |
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.98% | -1.06% | 0.69% | 3.06% | 0.95% | 1.50% | 1.27% | 0.47% | -0.15% | 2.11% | 1.89% | -1.86% |
| Benchmark | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% |
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/ 44 | 30/ 53 | 23/ 64 | 31/ 83 |
16.52% (2020)
1.04% (2022)
| Name | Percent |
|---|---|
| Cash and Equivalents | 50.33 |
| Canadian Equity | 22.84 |
| Canadian Corporate Bonds | 15.60 |
| US Equity | 4.83 |
| International Equity | 2.93 |
| Other | 3.47 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 50.33 |
| Fixed Income | 17.56 |
| Technology | 7.04 |
| Industrial Services | 6.59 |
| Financial Services | 5.69 |
| Other | 12.79 |
| Name | Percent |
|---|---|
| North America | 96.41 |
| Asia | 1.48 |
| Europe | 0.92 |
| Latin America | 0.58 |
| Africa and Middle East | 0.56 |
| Other | 0.05 |
Forge First Conservative Alternative Fund Series A
Median
Other - Alternative Multi-Stratgy
| Standard Deviation | 3.63% | 5.98% | - |
|---|---|---|---|
| Beta | 0.05% | 0.24% | - |
| Alpha | 0.04% | 0.05% | - |
| Rsquared | 0.04% | 0.40% | - |
| Sharpe | 0.26% | 0.90% | - |
| Sortino | 0.53% | 1.25% | - |
| Treynor | 0.18% | 0.22% | - |
| Tax Efficiency | 98.53% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.71% | 3.63% | 5.98% | - |
| Beta | 0.11% | 0.05% | 0.24% | - |
| Alpha | 0.08% | 0.04% | 0.05% | - |
| Rsquared | 0.09% | 0.04% | 0.40% | - |
| Sharpe | 1.07% | 0.26% | 0.90% | - |
| Sortino | 2.72% | 0.53% | 1.25% | - |
| Treynor | 0.44% | 0.18% | 0.22% | - |
| Tax Efficiency | 98.55% | 98.53% | - | - |
| 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 |
|---|---|
| Keenan Murray | 08-08-2024 |
| 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 | 2.43% |
|---|---|
| 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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
