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Canoe Asset Allocation Portfolio Class Series A

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Tactical Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022

Click for more information on Fundata’s FundGrade

NAVPS
(06-10-2025) 		$17.85
Change
$0.01 (0.08%)

As at May 31, 2025

As at May 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jan …$10,000$15,000$20,000$25,000$5,000$8,000$9,000$11,000$12,000$13,000Period

Legend

Canoe Asset Allocation Portfolio Class Series A

Compare Options

Fund Returns

Inception Return (February 14, 2011): 5.80%

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 2.17% -1.76% -0.65% 1.68% 9.68% 11.96% 6.50% 8.16% 12.51% 9.93% 8.30% 7.71% 8.27% 6.95%
Benchmark 2.47% -1.84% 0.98% 0.80% 11.81% 12.20% 10.05% 5.83% 6.31% 6.62% 6.42% 6.01% 6.79% 6.61%
Category Average 2.53% -0.57% -0.01% 1.80% 8.64% 9.63% 6.31% 3.95% 5.99% 5.30% 4.62% 4.20% 4.70% 3.97%
Category Rank 191 / 326 255 / 322 212 / 322 152 / 322 155 / 322 78 / 316 155 / 316 12 / 309 7 / 299 9 / 292 15 / 268 11 / 251 9 / 234 17 / 163
Quartile Ranking 3 4 3 2 2 1 2 1 1 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund -0.16% 3.96% 0.82% 0.45% 0.40% 4.60% -2.29% 2.10% 1.37% -0.23% -3.62% 2.17%
Benchmark 1.79% 3.28% -0.07% 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47%

Best Monthly Return Since Inception

8.21% (April 2020)

Worst Monthly Return Since Inception

-11.64% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -0.02% 12.64% 4.09% -5.11% 11.25% 6.41% 28.48% 0.57% 4.34% 14.65%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35% 11.73%
Quartile Ranking 4 1 4 4 4 2 1 1 4 2
Category Rank 127/ 136 7/ 182 191/ 244 217/ 262 212/ 279 123/ 299 4/ 301 4/ 315 270/ 316 114/ 318

Best Calendar Return (Last 10 years)

28.48% (2021)

Worst Calendar Return (Last 10 years)

-5.11% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 38.15
US Equity 24.65
Cash and Equivalents 11.06
Canadian Corporate Bonds 9.60
International Equity 6.02
Other 10.52

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 20.12
Financial Services 16.77
Energy 14.72
Cash and Cash Equivalent 11.07
Technology 8.69
Other 28.63

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.79
Europe 6.03
Latin America 0.18

Top Holdings

Top Holdings
Name Percent
Canoe Bond Advantage Fund Series I 13.97
BANK OF MONTREAL TD 2.55% 02-Jun-2025 7.87
Canoe Unconstrained Bond Fund Series I 4.78
Canoe Global Income Fund Series I 4.63
Wells Fargo & Co 3.55
Tourmaline Oil Corp 3.32
Canadian National Railway Co 3.24
ARC Resources Ltd 2.76
American Express Co 2.71
Canadian Natural Resources Ltd 2.23

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return456789101112131415-4%-2%0%2%4%6%8%10%12%14%

Canoe Asset Allocation Portfolio Class Series A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 10.47% 9.77% 9.24%
Beta 1.04% 0.80% 0.77%
Alpha -0.04% 0.07% 0.02%
Rsquared 0.69% 0.43% 0.38%
Sharpe 0.28% 1.01% 0.59%
Sortino 0.55% 1.67% 0.67%
Treynor 0.03% 0.12% 0.07%
Tax Efficiency 88.26% 92.66% 90.95%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.07% 10.47% 9.77% 9.24%
Beta 0.95% 1.04% 0.80% 0.77%
Alpha -0.01% -0.04% 0.07% 0.02%
Rsquared 0.58% 0.69% 0.43% 0.38%
Sharpe 0.75% 0.28% 1.01% 0.59%
Sortino 1.40% 0.55% 1.67% 0.67%
Treynor 0.06% 0.03% 0.12% 0.07%
Tax Efficiency 93.93% 88.26% 92.66% 90.95%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A81.3​81.352.4​52.40%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A82.3​82.362.3​62.30%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A77.0​77.053.7​53.70%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A76.7​76.739.7​39.70%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date February 14, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
GOC301
GOC302

Investment Objectives

? Long term growth and capital preservation The Fund aims to provide long term growth and capital preservation using a balanced investment approach. It invests indirectly through the Partnership primarily in a mix of Canadian equity securities, fixed income securities and money market instruments. The fundamental investment objectives cannot be changed without approval of a majority of the securityholders of the Fund.

Investment Strategy

The portfolio manager generally intends to keep the Fund’s asset mix, indirectly through the Partnership, within the following ranges: 40% or less or 60% or more equity securities; 40% or less or 60% or more fixed income securities; 0-30% money market instruments; and 0-10% gold, gold certificates, silver certificates and certain gold/silver ETFs.

Portfolio Management

Portfolio Manager

Canoe Financial LP

  • Robert J. Taylor
  • Sajan Bedi
Sub-Advisor

-

Management and Organization

Fund Manager

Canoe Financial LP
Custodian

CIBC Mellon Trust Company
Registrar

International Financial Data Services (Canada) Ltd
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.45%
Management Fee 2.10%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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