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NewGen Credit Strategies Fund Class F
Alternative Credit Focus
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FundGrade A
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FundGrade A+® Rating Recipient
2025
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|
NAVPS (08-05-2026) |
$12.02 |
|---|---|
| Change |
-$0.02
(-0.13%)
|
As at June 30, 2026
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Fund Returns
Inception Return (December 29, 2022): 11.36%
| 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 | -0.32% | 0.80% | 2.11% | 2.11% | 5.77% | 8.23% | 9.98% | - | - | - | - | - | - | - |
| Benchmark | 0.44% | 1.92% | 2.22% | 2.22% | 3.31% | 4.56% | 4.28% | 3.90% | 0.71% | 0.15% | 1.21% | 1.96% | 1.84% | 1.64% |
| Category Average | 0.16% | 1.74% | 2.25% | 2.25% | 5.25% | 6.14% | 6.65% | 6.11% | 3.61% | 4.67% | 4.31% | - | - | - |
| Category Rank | 143 / 152 | 137 / 148 | 55 / 144 | 55 / 144 | 39 / 137 | 20 / 119 | 12 / 105 | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 2 | 2 | 2 | 1 | 1 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.17% | 1.02% | 0.67% | 0.01% | 0.25% | 0.42% | 0.43% | 0.38% | 0.48% | 0.83% | 0.30% | -0.32% |
| Benchmark | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% | 0.44% |
Best Monthly Return Since Inception
4.42% (January 2023)
Worst Monthly Return Since Inception
-1.41% (October 2023)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 14.73% | 16.94% | 6.39% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | - | - | - | 1 | 1 | 2 |
| Category Rank | - | - | - | - | - | - | - | 3/ 103 | 2/ 108 | 36/ 130 |
Best Calendar Return (Last 10 years)
16.94% (2024)
Worst Calendar Return (Last 10 years)
6.39% (2025)
Asset Allocation
Sector Allocation
Geographic Allocation
Top Holdings
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
NewGen Credit Strategies Fund Class F
Median
Other - Alternative Credit Focus
3 Yr Annualized
| Standard Deviation | 2.87% | - | - |
|---|---|---|---|
| Beta | 0.19 | - | - |
| Alpha | 0.09 | - | - |
| Rsquared | 0.12% | - | - |
| Sharpe | 2.12 | - | - |
| Sortino | 5.43 | - | - |
| Treynor | 0.32 | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.44% | 2.87% | - | - |
| Beta | -0.07 | 0.19 | - | - |
| Alpha | 0.06 | 0.09 | - | - |
| Rsquared | 0.04% | 0.12% | - | - |
| Sharpe | 2.29 | 2.12 | - | - |
| Sortino | 4.21 | 5.43 | - | - |
| Treynor | -0.47 | 0.32 | - | - |
| Tax Efficiency | 42.90% | - | - | - |
Fund Details
| Start Date | December 29, 2022 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Fee Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NEW701 |
Investment Objectives
The objective of the Fund is to max absolute returns for unitholders over the typical corporate credit cycle by providing a combination of income&capital gains while minimizing the volatility of returns. The Fund will invest primarily in a concentrated but appropriately diversified portfolio of North American corporate bonds issued by non-investment grade publicly traded corporations and may also invest in other types of credit securities
Investment Strategy
To achieve the Fund’s investment objectives, the Manager will utilize a value-based fundamental credit research process to identify attractive risk adjusted return opportunities in individual investments within a diversified portfolio. The Manager has the belief that a subset of securities within the North American corporate credit universe can from time-to-time be priced inefficiently relatively to their true credit risk.
Portfolio Management
| Portfolio Manager |
NewGen Asset Management Limited
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
NewGen Asset Management Limited |
|---|---|
| Custodian |
TD Securities Inc & Goldman Sachs |
| Registrar |
SGGG Fund Services Inc. |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 2.70% |
|---|---|
| Management Fee | 1.00% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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