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Global Neutral Balanced
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Click for more information on Fundata’s ESG Grade
Click for more information on Fundata’s ESG Grade.
|
NAVPS (04-21-2025) |
$10.00 |
|---|---|
| Change |
-$0.07
(-0.67%)
|
As at March 31, 2025
As at March 31, 2025
As at March 31, 2025
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Inception Return (April 13, 2020): 5.29%
| 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 | -1.27% | 0.13% | 0.74% | 0.13% | 4.93% | 7.03% | 4.91% | 4.60% | - | - | - | - | - | - |
| Benchmark | -2.06% | 0.58% | 3.86% | 0.58% | 11.71% | 12.04% | 7.91% | 5.78% | 7.63% | 6.63% | 6.42% | 6.59% | 7.01% | 6.53% |
| Category Average | -1.86% | 0.71% | 1.83% | 0.71% | 8.09% | 9.11% | 4.88% | 4.42% | 7.75% | 5.33% | 5.11% | 4.96% | 5.42% | 4.54% |
| Category Rank | 363 / 1,769 | 1,311 / 1,768 | 1,534 / 1,758 | 1,311 / 1,768 | 1,659 / 1,724 | 1,546 / 1,672 | 1,051 / 1,609 | 819 / 1,423 | - | - | - | - | - | - |
| Quartile Ranking | 1 | 3 | 4 | 3 | 4 | 4 | 3 | 3 | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.68% | 1.41% | 1.25% | 2.39% | 0.67% | 1.13% | -0.74% | 1.98% | -0.60% | 1.79% | -0.36% | -1.27% |
| Benchmark | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% |
4.56% (November 2022)
-4.71% (January 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | 11.15% | -11.18% | 7.36% | 9.91% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | - | - | - | - | - | - | 2 | 3 | 4 | 4 |
| Category Rank | - | - | - | - | - | - | 389/ 1,415 | 915/ 1,557 | 1,403/ 1,671 | 1,513/ 1,724 |
11.15% (2021)
-11.18% (2022)
| Name | Percent |
|---|---|
| US Equity | 23.84 |
| Canadian Equity | 23.62 |
| International Equity | 12.70 |
| Cash and Equivalents | 11.45 |
| Foreign Government Bonds | 9.52 |
| Other | 18.87 |
| Name | Percent |
|---|---|
| Fixed Income | 28.35 |
| Financial Services | 13.64 |
| Cash and Cash Equivalent | 11.46 |
| Technology | 8.78 |
| Consumer Goods | 8.42 |
| Other | 29.35 |
| Name | Percent |
|---|---|
| North America | 86.42 |
| Europe | 8.82 |
| Asia | 4.03 |
| Latin America | 0.64 |
| Multi-National | 0.05 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| Canoe Defensive Global Equity Fund I | 34.26 |
| Canoe Bond Advantage Fund Series I | 15.66 |
| Canoe Unconstrained Bond Fund Series I | 10.71 |
| Canoe Global Income Fund Series I | 10.41 |
| Cash and Cash Equivalents | 2.50 |
| ARC Resources Ltd | 1.24 |
| Tourmaline Oil Corp | 1.21 |
| Agnico Eagle Mines Ltd | 1.19 |
| Restaurant Brands International Inc | 1.10 |
| Royal Bank of Canada | 1.01 |
Canoe Defensive Global Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 7.37% | - | - |
|---|---|---|---|
| Beta | 0.79% | - | - |
| Alpha | -0.01% | - | - |
| Rsquared | 0.89% | - | - |
| Sharpe | 0.16% | - | - |
| Sortino | 0.43% | - | - |
| Treynor | 0.02% | - | - |
| Tax Efficiency | 63.46% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.32% | 7.37% | - | - |
| Beta | 0.81% | 0.79% | - | - |
| Alpha | -0.04% | -0.01% | - | - |
| Rsquared | 0.86% | 0.89% | - | - |
| Sharpe | 0.20% | 0.16% | - | - |
| Sortino | 0.54% | 0.43% | - | - |
| Treynor | 0.01% | 0.02% | - | - |
| Tax Efficiency | 64.90% | 63.46% | - | - |
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 | April 13, 2020 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GOC311 | ||
| GOC312 |
? Long term capital growth while preserving capital The Fund aims to provide long term capital growth while preserving capital by investing, directly or indirectly, primarily in a global diversified portfolio of equity and fixed income securities. The fundamental investment objectives cannot be changed without approval of a majority of the securityholders of the Fund.
The Fund seeks to achieve its investment objective by investing in a well-diversified portfolio of equity, fixed income and money market securities. The Fund will generally follow a neutral asset mix guideline of approximately 60% equities and 40% fixed income and money market instruments. The Fund may invest up to 100% of its net assets in foreign securities, which may include some exposure to emerging markets.
| Portfolio Manager |
Canoe Financial LP |
|---|---|
| Sub-Advisor |
PineStone Asset Management Inc Nalmont Capital
|
| Fund Manager |
Canoe Financial LP |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
International Financial Data Services (Canada) Ltd |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.25% |
|---|---|
| Management Fee | 1.90% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 3.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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