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Alternative Credit Focus
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2025
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|
NAVPS (06-08-2026) |
$11.60 |
|---|---|
| Change |
$0.00
(-0.03%)
|
As at May 31, 2026
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Inception Return (December 29, 2022): 11.93%
| 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 | 0.31% | 1.67% | 2.98% | 2.54% | 7.18% | 9.62% | 10.64% | - | - | - | - | - | - | - |
| Benchmark | 1.41% | -0.55% | 0.39% | 1.78% | 2.90% | 5.87% | 4.11% | 3.23% | 0.83% | 0.37% | 1.26% | 1.96% | 1.65% | 1.78% |
| Category Average | 0.75% | 0.84% | 2.17% | 2.06% | 6.02% | 6.38% | 6.70% | 5.54% | 3.70% | 5.05% | 4.33% | - | - | - |
| Category Rank | 137 / 150 | 29 / 150 | 29 / 146 | 33 / 146 | 32 / 134 | 13 / 119 | 10 / 106 | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - | - | - |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.83% | 1.18% | 1.04% | 0.68% | 0.02% | 0.26% | 0.43% | 0.45% | 0.40% | 0.50% | 0.85% | 0.31% |
| Benchmark | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% |
4.44% (January 2023)
-1.38% (October 2023)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 14.99% | 16.93% | 6.63% |
| 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 | 1 |
| Category Rank | - | - | - | - | - | - | - | 2/ 105 | 3/ 110 | 30/ 132 |
16.93% (2024)
6.63% (2025)
NewGen Credit Strategies Fund Class C Founders
Median
Other - Alternative Credit Focus
| Standard Deviation | 2.78% | - | - |
|---|---|---|---|
| Beta | 0.19 | - | - |
| Alpha | 0.09 | - | - |
| Rsquared | 0.12% | - | - |
| Sharpe | 2.38 | - | - |
| Sortino | 6.27 | - | - |
| Treynor | 0.35 | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.18% | 2.78% | - | - |
| Beta | -0.07 | 0.19 | - | - |
| Alpha | 0.07 | 0.09 | - | - |
| Rsquared | 0.05% | 0.12% | - | - |
| Sharpe | 3.91 | 2.38 | - | - |
| Sortino | - | 6.27 | - | - |
| Treynor | -0.71 | 0.35 | - | - |
| Tax Efficiency | 49.05% | - | - | - |
| 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) | $264 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NEW707 |
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
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 Manager |
NewGen Asset Management Limited
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
NewGen Asset Management Limited |
|---|---|
| Custodian |
TD Securities Inc & Goldman Sachs |
| Registrar |
SGGG Fund Services Inc. |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.33% |
|---|---|
| Management Fee | 0.75% |
| 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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