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Addenda Global Diversified Equity Fund Series A

Global Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-22-2024)
$10.47
Change
$0.06 (0.59%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Addenda Global Diversified Equity Fund Series A

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Fund Returns

Inception Return (March 31, 2022): 5.36%

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 2.21% 6.16% 15.85% 6.16% 14.85% 5.36% - - - - - - - -
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 2.28% 14.40% 14.40% 6.54% 13.24% 5.19% 4.68% 10.12% 6.26% 5.67% 5.56% 6.20% 5.10% 5.64%
Category Rank 733 / 1,385 848 / 1,384 306 / 1,343 848 / 1,384 379 / 1,308 646 / 1,289 - - - - - - - -
Quartile Ranking 3 3 1 3 2 3 - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.96% -3.13% 2.75% 1.95% -0.52% -4.62% -1.86% 7.79% 3.16% 0.75% 3.09% 2.21%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

7.79% (November 2023)

Worst Monthly Return Since Inception

-6.42% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 13.72%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking - - - - - - - - - 1
Category Rank - - - - - - - - - 229/ 1,303

Best Calendar Return (Last 10 years)

13.72% (2023)

Worst Calendar Return (Last 10 years)

13.72% (2023)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 38.31
US Equity 33.00
International Equity 27.97
Cash and Equivalents 0.72

Sector Allocation

Sector Allocation
Name Percent
Technology 20.32
Financial Services 16.31
Consumer Goods 12.06
Industrial Services 10.38
Basic Materials 8.92
Other 32.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 72.03
Europe 22.51
Asia 5.46

Top Holdings

Top Holdings
Name Percent
Canadian Natural Resources Ltd 2.79
Broadcom Inc 2.72
Microsoft Corp 2.51
Toronto-Dominion Bank 2.28
Brookfield Corp Cl A 2.23
Royal Bank of Canada 2.05
Schneider Electric SE 1.96
Canadian Pacific Kansas City Ltd 1.89
Apple Inc 1.88
Bank of Montreal 1.82

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

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, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
ADD120

Investment Objectives

The investment objective of this Fund is to achieve long-term capital growth by investing primarily in a diversified portfolio of domestic and foreign equity securities, Canadian preferred share securities, and to a lesser extent, fixed income and money market instruments and/or cash equivalents through a sustainable investment approach. Such investments may be made by the Fund either directly or indirectly through investments in other mutual funds, including ETFs.

Investment Strategy

To achieve the Fund’s investment objectives, the Manager uses strategic asset allocation as the principal investment strategy. The Manager fulfills the Fund’s investment objective primarily by investing in equity, preferred shares, and/or Underlying Funds managed by third parties or by us; and to a lesser extent, cash, short-term notes (treasury bills, bankers' acceptances, commercial paper), and fixed income securities as well as broad market ETFs for tactical allocation purposes.

Portfolio Manager(s)

Name Start Date
Addenda Capital Inc. 03-09-2022

Management and Organization

Fund Manager Addenda Capital Inc.
Advisor Addenda Capital Inc.
Custodian CIBC Mellon Trust Company
Registrar CIBC Mellon Global Securities Services Company
Distributor -
Auditor PricewaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 50
SWP Min Withdrawal -

Fees

MER 1.81%
Management Fee 1.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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