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Alternative Equity Focus
Click for more information on Fundata’s FundGrade
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|
NAVPS (11-28-2025) |
$15.26 |
|---|---|
| Change | - |
As at November 30, 2025
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Inception Return (November 30, 2002): 10.58%
| 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 | -0.75% | -1.16% | 6.70% | -1.70% | -1.18% | 11.31% | 11.32% | 4.28% | 3.84% | 3.01% | 3.05% | 3.38% | 3.11% | 3.85% |
| Benchmark | 3.86% | 10.53% | 21.41% | 29.96% | 25.71% | 28.17% | 18.89% | 14.43% | 16.18% | 14.11% | 14.34% | 12.08% | 11.80% | 12.16% |
| Category Average | 1.00% | 5.37% | 13.03% | 15.34% | 13.30% | 18.40% | 11.46% | 8.35% | 10.23% | 8.86% | - | - | - | - |
| Category Rank | 117 / 170 | 133 / 164 | 112 / 159 | 137 / 143 | 122 / 143 | 81 / 137 | 57 / 132 | 48 / 127 | 79 / 120 | 86 / 118 | 85 / 111 | 82 / 107 | 80 / 105 | 71 / 99 |
| Quartile Ranking | 3 | 4 | 3 | 4 | 4 | 3 | 2 | 2 | 3 | 3 | 4 | 4 | 4 | 3 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.53% | 4.78% | -4.13% | -9.72% | -4.89% | 6.81% | 2.42% | 2.92% | 2.42% | 0.95% | -1.36% | -0.75% |
| Benchmark | -3.27% | 3.48% | -0.40% | -1.51% | -0.10% | 5.56% | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% |
18.13% (July 2003)
-13.55% (January 2009)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 24.70% | 5.65% | 0.63% | 1.79% | 5.90% | -1.28% | 3.81% | -13.37% | 18.88% | 17.51% |
| Benchmark | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% |
| Category Average | - | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% |
| Quartile Ranking | 1 | 3 | 4 | 2 | 4 | 4 | 3 | 2 | 1 | 2 |
| Category Rank | 4/ 86 | 60/ 99 | 92/ 106 | 45/ 107 | 84/ 111 | 104/ 120 | 91/ 123 | 52/ 127 | 27/ 132 | 55/ 138 |
24.70% (2015)
-13.37% (2022)
Formula Growth Hedge Fund Class A (C$) - Main Series - 151
Median
Other - Alternative Equity Focus
| Standard Deviation | 13.30% | 11.76% | 10.77% |
|---|---|---|---|
| Beta | 0.68% | 0.51% | 0.38% |
| Alpha | -0.01% | -0.04% | 0.00% |
| Rsquared | 0.36% | 0.27% | 0.20% |
| Sharpe | 0.58% | 0.15% | 0.24% |
| Sortino | 1.02% | 0.18% | 0.19% |
| Treynor | 0.11% | 0.03% | 0.07% |
| Tax Efficiency | 100.00% | 100.00% | 65.33% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 15.79% | 13.30% | 11.76% | 10.77% |
| Beta | 1.04% | 0.68% | 0.51% | 0.38% |
| Alpha | -0.25% | -0.01% | -0.04% | 0.00% |
| Rsquared | 0.43% | 0.36% | 0.27% | 0.20% |
| Sharpe | -0.17% | 0.58% | 0.15% | 0.24% |
| Sortino | -0.25% | 1.02% | 0.18% | 0.19% |
| Treynor | -0.03% | 0.11% | 0.03% | 0.07% |
| Tax Efficiency | - | 100.00% | 100.00% | 65.33% |
| Start Date | November 30, 2002 |
|---|---|
| Instrument Type | Exempt Product (Hedge Fund) |
| Share Class | - |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FGL151 |
The Formula Growth Hedge Fund (FGHF) is a U.S. all capitalization equity long/short strategy with a strong tilt towards small and mid-cap stocks. The investment process seeks to uncover, through a bottom-up valuation process, the best investment opportunities and to continuously refresh its market exposure as companies become fairly valued.
The portfolio management team continuously keeps a pulse of market price actions, psychology, and news flow. The FGHF has historically been directionally long-biased, used limited gross leverage and limited derivative positions in its portfolio construction process.
| Portfolio Manager |
Formula Growth Fund |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Formula Growth Limited |
|---|---|
| Custodian |
J.P. Morgan Bank Canada |
| Registrar |
- |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.00% |
|---|---|
| Management Fee | 2.00% |
| Load | Back Fee Only |
| FE Max | 2.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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