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Desjardins Alt Long/Short Equity Market Neutral ETF Fund A

Alternative Market Neutrl

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(10-30-2024)
$10.43
Change
$0.00 (0.04%)

As at September 30, 2024

As at September 30, 2024

Period
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Legend

Desjardins Alt Long/Short Equity Market Neutral ETF Fund A

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Fund Returns

Inception Return (July 13, 2020): 1.00%

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 -0.11% 0.26% 1.24% 3.32% 4.05% 2.75% 1.08% 1.08% - - - - - -
Benchmark 3.15% 10.54% 9.96% 17.24% 26.74% 17.83% 9.52% 13.87% 10.95% 10.29% 9.65% 9.59% 10.09% 8.09%
Category Average 0.34% 0.82% 2.99% 6.83% 7.72% 6.34% 3.20% 1.42% -0.26% - - - - -
Category Rank 26 / 34 20 / 31 28 / 28 25 / 27 24 / 27 26 / 27 27 / 27 19 / 20 - - - - - -
Quartile Ranking 4 3 4 4 4 4 4 4 - - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.04% 0.18% 0.49% 0.72% 0.50% 0.82% 0.30% 0.75% -0.08% 0.42% -0.05% -0.11%
Benchmark -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15%

Best Monthly Return Since Inception

1.04% (December 2020)

Worst Monthly Return Since Inception

-0.65% (January 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - -0.96% -0.91% 1.83%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average - - - - - - -3.57% -6.24% -1.79% 4.02%
Quartile Ranking - - - - - - - 4 3 4
Category Rank - - - - - - - 18/ 23 20/ 27 26/ 27

Best Calendar Return (Last 10 years)

1.83% (2023)

Worst Calendar Return (Last 10 years)

-0.96% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 92.10
Canadian Corporate Bonds 7.96
Canadian Equity 1.49
International Equity 0.24
Income Trust Units 0.15
Other -1.94

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 92.09
Fixed Income 7.79
Technology 2.04
Basic Materials 0.76
Real Estate 0.65
Other -3.33

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.94
Europe 0.66
Multi-National 0.33
Africa and Middle East -0.03
Latin America -0.19
Other -0.71

Top Holdings

Top Holdings
Name Percent
Desjardins Alt Long/Short Equity Mkt Ne ETF (DANC) 99.26
Cash and Cash Equivalents 0.74

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Desjardins Alt Long/Short Equity Market Neutral ETF Fund A

Median

Other - Alternative Market Neutrl

3 Yr Annualized

Standard Deviation 1.37% - -
Beta 0.00% - -
Alpha 0.01% - -
Rsquared 0.00% - -
Sharpe -1.66% - -
Sortino -1.49% - -
Treynor 27.33% - -
Tax Efficiency 100.00% - -
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 1.16% 1.37% - -
Beta 0.03% 0.00% - -
Alpha 0.03% 0.01% - -
Rsquared 0.08% 0.00% - -
Sharpe -0.63% -1.66% - -
Sortino 1.62% -1.49% - -
Treynor -0.24% 27.33% - -
Tax Efficiency 100.00% 100.00% - -

Fund Details

Start Date July 13, 2020
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $23

Fund Codes

FundServ Code Load Code Sales Status
DJT00178

Investment Objectives

The objective of this Fund is to replicate the return of the Desjardins Alt Long/Short Equity Market Neutral ETF (the “Desjardins Alternative ETF”) by investing its assets primarily, directly or indirectly, in the units of the Desjardins Alternative ETF. The Desjardins Alternative ETF seeks to achieve positive returns in both positive or negative equity market conditions.

Investment Strategy

In order to achieve its investment objectives, the Fund intends to invest its assets, directly or indirectly, in units of the Desjardins Alternative ETF. The investment strategies described below are those of the Desjardins Alternative ETF. The Desjardins Alternative ETF’s investments strategy has been designed to limit the volatility of returns and to provide a low correlation to traditional asset classes.

Portfolio Manager(s)

Name Start Date
Desjardins Global Asset Management Inc. 12-08-2020

Management and Organization

Fund Manager Desjardins Investments Inc.
Advisor Desjardins Global Asset Management Inc.
Custodian Desjardins Trust Inc.
Registrar Desjardins Investments Inc.
Distributor Desjardins Investments Inc.
Auditor PricewaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 100
SWP Min Withdrawal 1,000

Fees

MER 2.32%
Management Fee 1.85%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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