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Portland 15 of 15 Alternative Fund Series A

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Alternative Equity Focus

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade E

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-23-2025) 		$13.83
Change
$0.32 (2.36%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jul 2020Nov 2020Mar 2021Jul 2021Nov 2021Mar 2022Jul 2022Nov 2022Mar 2023Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Mar 2025Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Oct 2024Jan 2025Apr 2025May 2020Jan 2021Sep 2021May 2022Jan 2023Sep 2023May 2024Jan 2025$10,000$15,000$20,000$25,000$30,000$7,500$12,500$17,500$22,500Period

Legend

Portland 15 of 15 Alternative Fund Series A

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Fund Returns

Inception Return (April 17, 2020): 14.64%

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 -1.25% -19.05% -4.59% -6.11% 18.40% 19.88% 20.89% 13.60% 14.35% - - - - -
Benchmark -0.10% -2.00% 4.34% 1.41% 17.85% 13.20% 9.57% 10.07% 14.37% 10.31% 10.21% 9.29% 9.91% 8.27%
Category Average -0.78% -4.03% -0.82% -1.81% 6.93% 9.60% 6.30% 4.99% 8.81% 6.14% - - - -
Category Rank 126 / 230 219 / 223 171 / 209 165 / 221 24 / 185 13 / 148 2 / 135 7 / 107 14 / 61 - - - - -
Quartile Ranking 3 4 4 3 1 1 1 1 1 - - - - -

Monthly Return

Created with Highcharts 10.3.3-20%-10%0%10%20%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 8.32% 0.92% 4.15% -0.49% 6.11% 3.24% 7.87% -5.79% 15.98% -5.76% -13.02% -1.25%
Benchmark 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10%

Best Monthly Return Since Inception

16.39% (July 2022)

Worst Monthly Return Since Inception

-13.02% (March 2025)

Calendar Return (%)

Created with Highcharts 10.3.3-20%0%20%40%60%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - 16.01% -10.93% 20.89% 43.09%
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 - - - - - - 3 3 1 1
Category Rank - - - - - - 60/ 101 89/ 124 27/ 142 4/ 162

Best Calendar Return (Last 10 years)

43.09% (2024)

Worst Calendar Return (Last 10 years)

-10.93% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 51.94
US Equity 42.30
Canadian Equity 9.40
Cash and Equivalents -3.63
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Healthcare 48.28
Financial Services 34.64
Consumer Services 5.28
Consumer Goods 3.49
Energy 2.30
Other 6.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 48.05
Asia 46.85
Europe 5.09
Other 0.01

Top Holdings

Top Holdings
Name Percent
Telix Pharmaceuticals Ltd 38.73
Berkshire Hathaway Inc Cl B 17.31
AltC Acquisition Corp Cl A 8.05
Ares Management Corp Cl A 7.93
Clarity Pharmaceuticals Ltd 5.82
Brookfield Corp Cl A 5.58
Carnival Corp 5.28
Brookfield Asset Management Ltd Cl A 3.82
Danaher Corp 3.73
LVMH Moet Hennessy Louis Vuitton SE - ADR 3.49

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 Return24681012141618202224262830323436-40%-30%-20%-10%0%10%20%30%

Portland 15 of 15 Alternative Fund Series A

Median

Other - Alternative Equity Focus

3 Yr Annualized

Standard Deviation 24.26% 20.72% -
Beta 1.19% 1.01% -
Alpha 0.10% 0.01% -
Rsquared 0.44% 0.38% -
Sharpe 0.74% 0.63% -
Sortino 1.40% 1.05% -
Treynor 0.15% 0.13% -
Tax Efficiency 100.00% - -
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 26.75% 24.26% 20.72% -
Beta 1.89% 1.19% 1.01% -
Alpha -0.12% 0.10% 0.01% -
Rsquared 0.53% 0.44% 0.38% -
Sharpe 0.62% 0.74% 0.63% -
Sortino 1.09% 1.40% 1.05% -
Treynor 0.09% 0.15% 0.13% -
Tax Efficiency 100.00% 100.00% - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A1.7​1.736.7​36.70%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: A1.3​1.338.8​38.80%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: A2.4​2.434.4​34.40%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: A2.9​2.941.5​41.50%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 April 17, 2020
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $53

Fund Codes

FundServ Code Load Code Sales Status
PTL522
PTL523
PTL524

Investment Objectives

The Fund’s objective is to provide positive long-term total returns by investing primarily in a portfolio of global equities and debt-like securities. In selecting its investment, the Fund considers 15 principles/attributes which the Manager believes will result in successful wealth creation. The Fund may also engage in borrowing for investment purposes.

Investment Strategy

The Fund seeks to provide capital growth and income by primarily investing in a portfolio of equities, ADRs and may include ETFs with a focus on North American listed companies.

Portfolio Management

Portfolio Manager

Portland Investment Counsel Inc.

  • Michael Lee-Chin
  • Dragos Berbecel
  • Dragos Stefanescu
Sub-Advisor

-

Management and Organization

Fund Manager

Portland Investment Counsel Inc.
Custodian

CIBC Mellon Trust Company
Registrar

CIBC Mellon Global Securities Services Company
Distributor

Mandeville Private Client Inc.

Investment Minimums

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

Fees

MER 6.91%
Management Fee 1.75%
Load Choice of Front or No Load
FE Max 6.00%
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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