Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Tralucent Global ALT (Long/Short) Equity Fund Class A

  • Premium Feature Only
Add to My Watchlist

Alternative Equity Focus

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024

Click for more information on Fundata’s FundGrade

NAVPS
(05-16-2025) 		$22.74
Change
$0.05 (0.24%)

As at April 30, 2025

As at September 30, 2024

As at April 30, 2025

Period
Created with Highcharts 10.3.3May 2020Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$10,000$15,000$20,000$25,000$30,000$8,000$12,000$14,000$16,000Period

Legend

Tralucent Global ALT (Long/Short) Equity Fund Class A

Compare Options

Fund Returns

Inception Return (March 31, 2020): 17.51%

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 -2.95% -11.93% -4.37% -9.70% 6.84% 14.23% 12.68% 10.01% 15.45% - - - - -
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% -4.04% -0.82% -1.82% 6.93% 9.59% 6.30% 4.99% 8.81% 6.14% - - - -
Category Rank 151 / 230 181 / 223 165 / 209 183 / 221 101 / 185 36 / 148 26 / 135 21 / 107 10 / 61 - - - - -
Quartile Ranking 3 4 4 4 3 1 1 1 1 - - - - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.98% 3.22% 2.17% -0.21% 1.78% 2.27% 3.85% 1.98% 2.53% -2.06% -7.34% -2.95%
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

11.14% (November 2020)

Worst Monthly Return Since Inception

-7.34% (March 2025)

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 - - - - - - 30.18% -11.05% 23.85% 26.89%
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 - - - - - - 1 3 1 2
Category Rank - - - - - - 12/ 101 90/ 124 19/ 142 44/ 162

Best Calendar Return (Last 10 years)

30.18% (2021)

Worst Calendar Return (Last 10 years)

-11.05% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 81.13
International Equity 7.64
Canadian Equity 5.81
Cash and Equivalents 5.36
Income Trust Units 0.06

Sector Allocation

Sector Allocation
Name Percent
Technology 40.67
Financial Services 27.55
Consumer Services 13.83
Healthcare 6.49
Cash and Cash Equivalent 5.36
Other 6.10

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.35
Asia 4.34
Europe 2.19
Africa and Middle East 0.75
Latin America 0.35
Other 0.02

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp 6.38
Broadcom Inc 5.52
CANADIAN DOLLAR 4.96
Berkshire Hathaway Inc Cl B 3.41
Blackstone Inc 3.28
Microsoft Corp 2.84
Meta Platforms Inc Cl A 2.75
Booking Holdings Inc 2.33
Amazon.com Inc 2.32
Alphabet Inc Cl C 2.19

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%

Tralucent Global ALT (Long/Short) Equity Fund Class A

Median

Other - Alternative Equity Focus

3 Yr Annualized

Standard Deviation 11.44% 12.31% -
Beta 0.61% 0.70% -
Alpha 0.06% 0.05% -
Rsquared 0.52% 0.52% -
Sharpe 0.76% 1.04% -
Sortino 1.28% 1.73% -
Treynor 0.14% 0.18% -
Tax Efficiency 94.55% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.20% 11.44% 12.31% -
Beta 0.51% 0.61% 0.70% -
Alpha -0.01% 0.06% 0.05% -
Rsquared 0.22% 0.52% 0.52% -
Sharpe 0.31% 0.76% 1.04% -
Sortino 0.49% 1.28% 1.73% -
Treynor 0.07% 0.14% 0.18% -
Tax Efficiency 100.00% 94.55% - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A21.2​21.236.7​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: A24.0​24.038.8​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: A25.9​25.934.4​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: A14.0​14.041.5​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 March 31, 2020
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
TGF110

Investment Objectives

The Fund seeks short and long-term capital growth and to exceed the growth of the MSCI World Index over a five year period by primarily investing on a long-short basis in exchange traded securities. The Fund may use leverage through the use of cash borrowings, short sales and derivatives.

Investment Strategy

The Portfolio Manager uses the following investment strategies to achieve the Fund’s objective: Employ a long-short strategy. On the long-side, primarily buy exchange traded securities from around the world. Potentially employ leverage of up to 10% of its NAV. Although most investments of the Fund will be in public equities, the Fund may also purchase other securities including bonds.

Portfolio Management

Portfolio Manager

Tralucent Asset Management Inc.

  • Bill Siddiqui
  • Michelle Buan
  • Irim Siddiqui
  • Tyler White
Sub-Advisor

-

Management and Organization

Fund Manager

Tralucent Asset Management Inc.
Custodian

RBC Investor Services Trust
Registrar

-
Distributor

Tralucent Asset Management Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.28%
Management Fee 2.00%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.80%
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info