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Alternative Equity Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-17-2024) |
$11.80 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at March 31, 2024
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Inception Return (September 30, 2020): 4.87%
| 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 | 0.88% | 0.59% | 1.99% | 0.59% | 4.16% | 3.76% | 3.93% | - | - | - | - | - | - | - |
| Benchmark | 4.14% | 6.62% | 15.26% | 6.62% | 13.96% | 3.95% | 9.11% | 16.99% | 9.96% | 9.65% | 8.48% | 9.70% | 7.76% | 7.67% |
| Category Average | 2.33% | 13.77% | 13.77% | 8.40% | 14.38% | 5.99% | 5.81% | 11.19% | - | - | - | - | - | - |
| Category Rank | 150 / 189 | 154 / 166 | 137 / 160 | 154 / 166 | 114 / 151 | 78 / 134 | 70 / 101 | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 3 | 3 | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.02% | 0.45% | 0.60% | 0.35% | 0.40% | 0.29% | 0.09% | 0.35% | 0.94% | 0.24% | -0.53% | 0.88% |
| Benchmark | 2.90% | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% |
2.37% (January 2021)
-0.56% (February 2021)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 5.51% | 2.04% | 5.24% |
| 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 | - | - | - | - | - | - | - | 4 | 1 | 3 |
| Category Rank | - | - | - | - | - | - | - | 82/ 97 | 19/ 123 | 98/ 149 |
5.51% (2021)
2.04% (2022)
Maxam Arbitrage Fund Class F
Median
Other - Alternative Equity Focus
| Standard Deviation | 1.41% | - | - |
|---|---|---|---|
| Beta | 0.04% | - | - |
| Alpha | 0.03% | - | - |
| Rsquared | 0.16% | - | - |
| Sharpe | 0.89% | - | - |
| Sortino | 1.01% | - | - |
| Treynor | 0.29% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.36% | 1.41% | - | - |
| Beta | 0.02% | 0.04% | - | - |
| Alpha | 0.04% | 0.03% | - | - |
| Rsquared | 0.05% | 0.16% | - | - |
| Sharpe | -0.48% | 0.89% | - | - |
| Sortino | 1.31% | 1.01% | - | - |
| Treynor | -0.29% | 0.29% | - | - |
| Tax Efficiency | 100.00% | - | - | - |
| Start Date | September 30, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Fee Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $18 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MXM105 |
The fundamental investment objective of the Fund is to generate consistent, positive returns, while minimizing volatility and correlation with equity markets by investing in publicly traded securities in Canada, the United States and other foreign jurisdictions.
We employ an active and opportunistic investment strategy. Our focus is on merger arbitrage and other event-driven hedged opportunities. These typically include profiting from the successful completion of mergers, take-overs, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. We also plan to profit from debt, equity, sub-receipt or rights offerings as well as capital structure arbitrage and other idiosyncratic mispricing opportunities.
| Name | Start Date |
|---|---|
| Brian Hikisch | 06-28-2021 |
| Travis Dowle | 06-28-2021 |
| Fund Manager | Maxam Capital Management Ltd |
|---|---|
| Advisor | Maxam Capital Management Ltd |
| Custodian | TD Securities Inc. |
| Registrar | SGGG Fund Services Inc. |
| Distributor | - |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 3.41% |
|---|---|
| Management Fee | 0.90% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
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