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Tralucent Global ALT (Long/Short) Equity Fund Class A

Alternative Equity Focus

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-23-2024)
$21.00
Change
$0.09 (0.43%)

As at June 30, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Tralucent Global ALT (Long/Short) Equity Fund Class A

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Fund Returns

Inception Return (March 31, 2020): 20.86%

Fund Returns
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 3.22% 5.20% 12.90% 12.90% 22.09% 22.92% 12.25% 17.81% - - - - - -
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 0.36% 10.04% 10.04% 10.04% 15.19% 9.41% 4.89% 9.36% 6.79% - - - - -
Category Rank 33 / 196 31 / 189 42 / 166 42 / 166 26 / 154 17 / 137 9 / 107 7 / 73 - - - - - -
Quartile Ranking 1 1 2 2 1 1 1 1 - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.85% 2.33% -2.91% 0.13% 5.05% 1.59% 4.05% 2.72% 0.41% -0.07% 1.98% 3.22%
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%

Best Monthly Return Since Inception

11.14% (November 2020)

Worst Monthly Return Since Inception

-6.95% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 30.18% -11.05% 23.85%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - 5.11% 17.27% -5.96% 6.54%
Quartile Ranking - - - - - - - 1 3 1
Category Rank - - - - - - - 10/ 100 93/ 126 23/ 150

Best Calendar Return (Last 10 years)

30.18% (2021)

Worst Calendar Return (Last 10 years)

-11.05% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 81.21
International Equity 7.67
Canadian Equity 6.46
Cash and Equivalents 4.59
Income Trust Units 0.08
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 37.38
Financial Services 27.73
Consumer Services 14.11
Healthcare 7.56
Consumer Goods 5.63
Other 7.59

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.36
Asia 4.25
Europe 1.82
Africa and Middle East 0.88
Latin America 0.72
Other -0.03

Top Holdings

Top Holdings
Name Percent
Broadcom Inc 4.39
NVIDIA Corp 3.88
Blackstone Inc 3.41
Berkshire Hathaway Inc Cl B 3.21
Microsoft Corp 3.02
Booking Holdings Inc 2.38
Canadian Dollars - London 2.36
Amazon.com Inc 2.29
Jabil Inc 2.24
Alphabet Inc Cl C 2.24

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Tralucent Global ALT (Long/Short) Equity Fund Class A

Median

Other - Alternative Equity Focus

3 Yr Annualized

Standard Deviation 11.50% - -
Beta 0.64% - -
Alpha 0.08% - -
Rsquared 0.56% - -
Sharpe 0.80% - -
Sortino 1.31% - -
Treynor 0.14% - -
Tax Efficiency 94.32% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 - -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.31% 11.50% - -
Beta 0.36% 0.64% - -
Alpha 0.16% 0.08% - -
Rsquared 0.32% 0.56% - -
Sharpe 2.12% 0.80% - -
Sortino 5.47% 1.31% - -
Treynor 0.43% 0.14% - -
Tax Efficiency 100.00% 94.32% - -

Fundata ESG Metrics

Fundata ESG Score

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.

Fundata E Score

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.

Fundata S Score

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.

Fundata G Score

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.

Fund Details

Start Date March 31, 2020
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
TGF110

Investment Objectives

The Fund seeks short and long-term capital growth and to exceed the growth of the MSCI World Index over a five year period by primarily investing on a long-short basis in exchange traded securities. The Fund may use leverage through the use of cash borrowings, short sales and derivatives.

Investment Strategy

The Portfolio Manager uses the following investment strategies to achieve the Fund’s objective: Employ a long-short strategy. On the long-side, primarily buy exchange traded securities from around the world. Potentially employ leverage of up to 10% of its NAV. Although most investments of the Fund will be in public equities, the Fund may also purchase other securities including bonds.

Portfolio Manager(s)

Name Start Date
Irim Siddiqui 05-03-2021
Bill Siddiqui 05-03-2021
Michelle Buan 05-03-2021
Tyler White 05-03-2021

Management and Organization

Fund Manager Tralucent Asset Management Inc.
Advisor Tralucent Asset Management Inc.
Custodian Fidelity Clearing Canada ULC
Registrar -
Distributor Tralucent Asset Management Inc.
Auditor SGGG Fund Services Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.06%
Management Fee 2.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.80%
Trailer Fee Max (LL) -

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