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Alternative Multi-Stratgy
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NAVPS (07-26-2024) |
$16.26 |
---|---|
Change |
$0.07
(0.42%)
|
As at June 30, 2024
Inception Return (April 24, 2019): 7.37%
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 | 2.11% | 2.44% | 6.29% | 6.29% | 10.93% | 6.05% | 4.08% | 9.08% | 7.65% | - | - | - | - | - |
Benchmark | -1.42% | -0.53% | 6.05% | 6.05% | 12.13% | 11.27% | 5.98% | 12.35% | 9.28% | 8.36% | 8.65% | 8.95% | 7.89% | 6.95% |
Category Average | -0.11% | 3.60% | 3.60% | 3.60% | 7.08% | 4.36% | 1.44% | 3.91% | 3.01% | - | - | - | - | - |
Category Rank | 8 / 103 | 18 / 102 | 31 / 98 | 31 / 98 | 23 / 95 | 32 / 74 | 17 / 60 | 10 / 50 | 6 / 42 | - | - | - | - | - |
Quartile Ranking | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 1 | 1 | - | - | - | - | - |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.08% | 0.74% | 0.98% | -1.06% | 0.69% | 3.06% | 0.95% | 1.50% | 1.27% | 0.47% | -0.15% | 2.11% |
Benchmark | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% |
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 | 32/ 55 | 25/ 68 | 31/ 88 |
16.52% (2020)
1.04% (2022)
Name | Percent |
---|---|
Cash and Equivalents | 59.73 |
Canadian Equity | 18.22 |
Canadian Corporate Bonds | 14.67 |
US Equity | 2.91 |
Foreign Corporate Bonds | 2.27 |
Other | 2.20 |
Name | Percent |
---|---|
Cash and Cash Equivalent | 59.72 |
Fixed Income | 16.59 |
Financial Services | 7.31 |
Consumer Services | 5.13 |
Real Estate | 4.89 |
Other | 6.36 |
Name | Percent |
---|---|
North America | 98.22 |
Latin America | 1.12 |
Asia | 0.66 |
Europe | -0.05 |
Other | 0.05 |
Forge First Conservative Alternative Fund Series A
Median
Other - Alternative Multi-Stratgy
Standard Deviation | 3.32% | 5.88% | - |
---|---|---|---|
Beta | 0.04% | 0.24% | - |
Alpha | 0.04% | 0.05% | - |
Rsquared | 0.03% | 0.41% | - |
Sharpe | 0.32% | 0.93% | - |
Sortino | 0.54% | 1.27% | - |
Treynor | 0.26% | 0.23% | - |
Tax Efficiency | 98.48% | - | - |
Volatility |
|
|
- |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 3.73% | 3.32% | 5.88% | - |
Beta | 0.08% | 0.04% | 0.24% | - |
Alpha | 0.10% | 0.04% | 0.05% | - |
Rsquared | 0.06% | 0.03% | 0.41% | - |
Sharpe | 1.51% | 0.32% | 0.93% | - |
Sortino | 5.33% | 0.54% | 1.27% | - |
Treynor | 0.71% | 0.26% | 0.23% | - |
Tax Efficiency | 98.64% | 98.48% | - | - |
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) | $38 |
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 | 2.43% |
---|---|
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) | - |
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