Join Fund Library now and get free access to personalized features to help you manage your investments.

Maxam Arbitrage Fund Class F

Alternative Equity Focus

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(05-22-2024)
$11.83
Change
$0.00 (-0.03%)

As at April 30, 2024

Period
Loading...

Legend

Maxam Arbitrage Fund Class F

Compare Options


Fund Returns

Inception Return (September 30, 2020): 4.89%

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 0.46% 0.81% 2.37% 1.05% 4.62% 4.04% 3.76% - - - - - - -
Benchmark -1.82% 4.10% 16.91% 4.68% 8.73% 5.66% 7.59% 13.51% 8.86% 8.98% 8.12% 8.95% 7.25% 7.22%
Category Average -1.22% 14.76% 14.76% 6.98% 12.25% 5.95% 4.33% 9.26% 5.97% - - - - -
Category Rank 40 / 190 139 / 178 140 / 164 128 / 164 108 / 153 77 / 131 64 / 101 - - - - - - -
Quartile Ranking 1 4 4 4 3 3 3 - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 0.45% 0.60% 0.35% 0.40% 0.29% 0.09% 0.35% 0.94% 0.24% -0.53% 0.88% 0.46%
Benchmark -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82%

Best Monthly Return Since Inception

2.37% (January 2021)

Worst Monthly Return Since Inception

-0.56% (February 2021)

Calendar Return (%)

Calendar Return
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 - - - - - - - 78/ 95 19/ 120 93/ 147

Best Calendar Return (Last 10 years)

5.51% (2021)

Worst Calendar Return (Last 10 years)

2.04% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Maxam Arbitrage Fund Class F

Median

Other - Alternative Equity Focus

3 Yr Annualized

Standard Deviation 1.37% - -
Beta 0.04% - -
Alpha 0.03% - -
Rsquared 0.15% - -
Sharpe 0.70% - -
Sortino 0.82% - -
Treynor 0.24% - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 - -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 1.31% 1.37% - -
Beta 0.02% 0.04% - -
Alpha 0.04% 0.03% - -
Rsquared 0.06% 0.15% - -
Sharpe -0.20% 0.70% - -
Sortino 1.91% 0.82% - -
Treynor -0.11% 0.24% - -
Tax Efficiency 100.00% - - -

Fund Details

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) $17

Fund Codes

FundServ Code Load Code Sales Status
MXM105

Investment Objectives

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.

Investment Strategy

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.

Portfolio Manager(s)

Name Start Date
Brian Hikisch 06-28-2021
Travis Dowle 06-28-2021

Management and Organization

Fund Manager Maxam Capital Management Ltd
Advisor Maxam Capital Management Ltd
Custodian TD Securities Inc.
Registrar SGGG Fund Services Inc.
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.