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Addenda Global Diversified Equity Fund Series A

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Global Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(06-16-2025) 		$12.10
Change
$0.05 (0.38%)

As at May 31, 2025

As at May 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$8,000$9,000$10,000$11,000$12,000$13,000$14,000Period

Legend

Addenda Global Diversified Equity Fund Series A

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Fund Returns

Inception Return (March 31, 2022): 7.56%

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 4.23% -0.62% 2.49% 2.66% 14.16% 14.32% 9.90% - - - - - - -
Benchmark 3.76% -1.91% 0.97% 0.81% 13.00% 15.20% 12.40% 7.88% 9.38% 9.10% 8.37% 7.98% 8.93% 8.30%
Category Average 3.68% -0.97% 0.60% 1.69% 10.16% 12.29% 8.90% 5.49% 8.11% 7.11% 6.22% 5.82% 6.42% 5.59%
Category Rank 315 / 1,328 468 / 1,308 175 / 1,307 328 / 1,307 94 / 1,290 276 / 1,218 453 / 1,188 - - - - - - -
Quartile Ranking 1 2 1 2 1 1 2 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund -0.03% 4.50% 0.39% 2.60% 0.01% 3.52% -0.17% 4.75% -1.38% -3.18% -1.52% 4.23%
Benchmark 2.01% 3.06% -0.02% 2.38% 0.42% 3.57% 0.16% 3.26% -0.48% -3.00% -2.54% 3.76%

Best Monthly Return Since Inception

7.79% (November 2023)

Worst Monthly Return Since Inception

-6.42% (June 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 13.72% 17.35%
Benchmark 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07% 21.57%
Category Average 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42% 15.99%
Quartile Ranking - - - - - - - - 1 2
Category Rank - - - - - - - - 228/ 1,198 583/ 1,281

Best Calendar Return (Last 10 years)

17.35% (2024)

Worst Calendar Return (Last 10 years)

13.72% (2023)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 35.62
US Equity 30.38
International Equity 26.40
Cash and Equivalents 7.07
Income Trust Units 0.53

Sector Allocation

Sector Allocation
Name Percent
Technology 20.85
Financial Services 18.06
Basic Materials 9.53
Industrial Services 9.39
Consumer Goods 8.60
Other 33.57

Geographic Allocation

Geographic Allocation
Name Percent
North America 73.07
Europe 23.41
Asia 2.99
Latin America 0.53

Top Holdings

Top Holdings
Name Percent
Canada Government 30-Jul-2025 5.53
Microsoft Corp 2.45
Broadcom Inc 2.19
Toronto-Dominion Bank 2.07
Royal Bank of Canada 1.96
Brookfield Corp Cl A 1.95
Canadian Natural Resources Ltd 1.81
Agnico Eagle Mines Ltd 1.79
Shopify Inc Cl A 1.72
Apple Inc 1.70

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 Return678910111213141516171819-5%0%5%10%15%20%

Addenda Global Diversified Equity Fund Series A

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 12.08% - -
Beta 1.15% - -
Alpha -0.04% - -
Rsquared 0.92% - -
Sharpe 0.52% - -
Sortino 0.97% - -
Treynor 0.05% - -
Tax Efficiency - - -
Volatility Volatility rating is 6 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 9.26% 12.08% - -
Beta 1.07% 1.15% - -
Alpha 0.00% -0.04% - -
Rsquared 0.86% 0.92% - -
Sharpe 1.10% 0.52% - -
Sortino 2.53% 0.97% - -
Treynor 0.09% 0.05% - -
Tax Efficiency 98.98% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A46.2​46.250.6​50.60%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: A51.6​51.650.2​50.20%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: A49.2​49.249.9​49.90%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: A31.2​31.251.2​51.20%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, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
ADD120

Investment Objectives

The investment objective of this Fund is to achieve long-term capital growth by investing primarily in a diversified portfolio of domestic and foreign equity securities, Canadian preferred share securities, and to a lesser extent, fixed income and money market instruments and/or cash equivalents through a sustainable investment approach. Such investments may be made by the Fund either directly or indirectly through investments in other mutual funds, including ETFs.

Investment Strategy

To achieve the Fund’s investment objectives, the Manager uses strategic asset allocation as the principal investment strategy. The Manager fulfills the Fund’s investment objective primarily by investing in equity, preferred shares, and/or Underlying Funds managed by third parties or by us; and to a lesser extent, cash, short-term notes (treasury bills, bankers' acceptances, commercial paper), and fixed income securities as well as broad market ETFs for tactical allocation purposes.

Portfolio Management

Portfolio Manager

Addenda Capital Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

Addenda Capital Inc.
Custodian

CIBC Mellon Trust Company
Registrar

CIBC Mellon Global Securities Services Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 50
SWP Min Withdrawal -

Fees

MER 1.82%
Management Fee 1.50%
Load Back Fee Only
FE Max -
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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