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Alternative Multi-Stratgy
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Click for more information on Fundata’s ESG Grade.
NAVPS (11-11-2024) |
$10.68 |
---|---|
Change |
-$0.03
(-0.28%)
|
As at October 31, 2024
As at October 31, 2024
As at July 31, 2024
Inception Return (February 15, 2019): 3.69%
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 | -1.32% | 2.58% | 7.86% | 8.88% | 15.84% | 10.85% | 2.34% | 5.38% | 3.80% | - | - | - | - | - |
Benchmark | 0.85% | 5.30% | 12.95% | 18.24% | 32.06% | 15.16% | 8.05% | 15.02% | 11.33% | 11.65% | 9.36% | 9.62% | 9.96% | 8.41% |
Category Average | -1.34% | -0.17% | 1.99% | 4.54% | 8.71% | 5.17% | 1.39% | 3.81% | 3.05% | - | - | - | - | - |
Category Rank | 54 / 100 | 22 / 94 | 17 / 93 | 32 / 88 | 21 / 87 | 11 / 69 | 34 / 56 | 26 / 45 | 28 / 40 | - | - | - | - | - |
Quartile Ranking | 3 | 1 | 1 | 2 | 1 | 1 | 3 | 3 | 3 | - | - | - | - | - |
Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 4.30% | 2.00% | 0.35% | 0.38% | 2.14% | -1.88% | 2.25% | 0.83% | 1.99% | 1.76% | 2.15% | -1.32% |
Benchmark | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% |
6.10% (November 2022)
-7.95% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | - | - | - | 3.51% | 8.65% | -9.37% | 7.14% |
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 | - | - | - | - | - | - | 3 | 3 | 4 | 2 |
Category Rank | - | - | - | - | - | - | 30/ 40 | 29/ 49 | 45/ 58 | 27/ 77 |
8.65% (2021)
-9.37% (2022)
Name | Percent |
---|---|
International Equity | 41.84 |
Cash and Equivalents | 30.67 |
US Equity | 25.58 |
Canadian Equity | 3.55 |
Income Trust Units | 1.66 |
Other | -3.30 |
Name | Percent |
---|---|
Cash and Cash Equivalent | 30.67 |
Real Estate | 10.88 |
Technology | 9.06 |
Basic Materials | 8.93 |
Healthcare | 7.33 |
Other | 33.13 |
Name | Percent |
---|---|
North America | 54.43 |
Europe | 29.92 |
Asia | 12.06 |
Africa and Middle East | 2.02 |
Latin America | 1.42 |
Other | 0.15 |
Name | Percent |
---|---|
RICL CAD CASH MGT FND SERIES O | 19.58 |
CANADIAN DOLLAR | 6.95 |
US DOLLAR | 1.93 |
OPTIONS MORGAN STANLEY BOC | 1.90 |
POUND STERLING | 1.72 |
Sap SE | 1.46 |
LG Uplus Corp | 1.11 |
AstraZeneca PLC | 1.05 |
Apple Inc | 1.04 |
Novo Nordisk A/S Cl B | 1.02 |
Russell Investments Yield Opportunities Pool Series B
Median
Other - Alternative Multi-Stratgy
Standard Deviation | 8.71% | 8.79% | - |
---|---|---|---|
Beta | 0.55% | 0.50% | - |
Alpha | -0.02% | -0.02% | - |
Rsquared | 0.72% | 0.80% | - |
Sharpe | -0.09% | 0.21% | - |
Sortino | -0.05% | 0.18% | - |
Treynor | -0.01% | 0.04% | - |
Tax Efficiency | 55.97% | - | - |
Volatility | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 5.85% | 8.71% | 8.79% | - |
Beta | 0.50% | 0.55% | 0.50% | - |
Alpha | 0.01% | -0.02% | -0.02% | - |
Rsquared | 0.68% | 0.72% | 0.80% | - |
Sharpe | 1.76% | -0.09% | 0.21% | - |
Sortino | 4.52% | -0.05% | 0.18% | - |
Treynor | 0.21% | -0.01% | 0.04% | - |
Tax Efficiency | 97.54% | 55.97% | - | - |
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.
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.
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.
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.
Start Date | February 15, 2019 |
---|---|
Instrument Type | Mutual Fund (Alternative) |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $1 |
FundServ Code | Load Code | Sales Status |
---|---|---|
FRC230 | ||
FRC280 |
The Fund’s investment objective is to provide a high level of current income and, as a secondary objective, long-term capital growth. The Fund invests primarily in international equity securities, North American and international fixed income securities including high yield securities, derivative instruments, such as options, futures, forward contracts and swaps, securities of investment funds, and cash and cash equivalents.
To achieve its objective, the Fund principally invests in a range of diversified income-producing investments. The Fund will typically pursue strategies and invest in instruments which have historically produced a significant portion of their total return from income. The Fund may invest in a broad range of instruments, markets and asset classes economically tied to North American, non-North American and emerging markets countries.
Name | Start Date |
---|---|
Russell Investments Canada Limited | 02-15-2019 |
Kopernik Global Investors LLC | 06-22-2020 |
Boston Partners Global Investors, Inc. | 06-22-2020 |
First Sentier Investors Australia IM Limited | 06-22-2020 |
RREEF America LLC | 06-22-2020 |
Sompo Asset Management Co., Ltd. | 06-22-2020 |
Berenberg Asset Management LLC | 07-29-2022 |
Oaktree Capital Management | 07-29-2022 |
Cohen & Steers Capital Management, Inc. | 07-29-2022 |
Marathon Asset Management Limited | 07-29-2023 |
Fund Manager | Russell Investments Canada Limited |
---|---|
Advisor | Russell Investments Canada Limited |
Custodian | State Street Trust Company Canada |
Registrar | International Financial Data Services (Canada) Ltd |
Distributor | Russell Investments Canada Limited |
Auditor | PriceWaterhouseCoopers LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | No |
PAC Initial Investment | - |
PAC Subsequent | - |
SWP Allowed | No |
SWP Min Balance | - |
SWP Min Withdrawal | - |
MER | 2.51% |
---|---|
Management Fee | 1.75% |
Load | Choice of Front or No Load |
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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