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Alternative Multi-Stratgy
Click for more information on Fundata’s FundGrade
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|
NAVPS (06-12-2026) |
$12.78 |
|---|---|
| Change |
$0.03
(0.22%)
|
As at May 31, 2026
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Inception Return (April 23, 2021): 11.45%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.22% | 1.43% | 18.05% | 15.73% | 36.25% | 26.26% | 19.48% | 13.75% | 11.16% | - | - | - | - | - |
| Benchmark | 1.22% | 0.68% | 13.54% | 9.87% | 35.67% | 27.59% | 24.05% | 14.70% | 12.26% | 18.18% | 14.73% | 12.58% | 12.56% | 12.20% |
| Category Average | 1.07% | 1.01% | 5.88% | 5.21% | 14.68% | 7.78% | 7.67% | 5.49% | 3.91% | 5.34% | 4.59% | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.36% | 1.84% | 3.75% | 3.26% | -0.03% | 2.37% | 2.01% | 6.27% | 7.37% | -5.01% | 4.45% | 2.22% |
| Benchmark | 3.78% | 0.21% | 5.74% | 4.04% | 0.27% | 4.15% | 3.34% | 1.91% | 7.09% | -6.35% | 6.21% | 1.22% |
7.37% (February 2026)
-5.01% (March 2026)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -1.40% | 1.62% | 20.94% | 20.02% |
| Benchmark | 24.77% | 16.79% | -16.21% | 29.06% | 7.72% | 25.62% | -11.86% | 14.44% | 11.82% | 38.25% |
| Category Average | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% | 5.04% | 9.01% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
20.94% (2024)
-1.40% (2022)
NewGen Alternative Income Fund Class G U$
Median
Other - Alternative Multi-Stratgy
| Standard Deviation | 9.49% | 8.74% | - |
|---|---|---|---|
| Beta | 0.65 | 0.53 | - |
| Alpha | 0.04 | 0.03 | - |
| Rsquared | 0.54% | 0.58% | - |
| Sharpe | 1.56 | 0.93 | - |
| Sortino | 3.33 | 1.68 | - |
| Treynor | 0.23 | 0.15 | - |
| Tax Efficiency | 87.19% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 10.85% | 9.49% | 8.74% | - |
| Beta | 0.84 | 0.65 | 0.53 | - |
| Alpha | 0.05 | 0.04 | 0.03 | - |
| Rsquared | 0.65% | 0.54% | 0.58% | - |
| Sharpe | 2.72 | 1.56 | 0.93 | - |
| Sortino | 5.48 | 3.33 | 1.68 | - |
| Treynor | 0.35 | 0.23 | 0.15 | - |
| Tax Efficiency | 94.49% | 87.19% | - | - |
| Start Date | April 23, 2021 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | USD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $347 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NEW403U |
The investment objective of the Fund is to provide investors with a combination of steady long-term capital appreciation and a stable stream of income. The Portfolio Manager will place a strong emphasis on risk management and defensive market positioning in order to reduce beta (i.e., systemic risk) and preserve capital in adverse market conditions.
In order to achieve its investment objective, the Fund intends to invest both long and short in an actively managed diversified portfolio of predominantly Canadian securities (approximately 70%), with the balance being traded on globally recognised stock exchanges. The portfolio will be comprised of equities, convertible debentures, fixed income, preferred shares, SPACs, options, and warrants.
| Portfolio Manager |
NewGen Asset Management Limited
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
NewGen Asset Management Limited |
|---|---|
| Custodian |
CIBC World Markets Inc BMO Nesbitt Burns Inc |
| Registrar |
SGGG Fund Services Inc. |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 4.68% |
|---|---|
| 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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