Join Fund Library now and get free access to personalized features to help you manage your investments.
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
2015, 2013
Click for more information on Fundata’s FundGrade
|
NAVPS (05-02-2024) |
$22.55 |
|---|---|
| Change |
$0.02
(0.09%)
|
As at March 31, 2024
As at March 31, 2024
Loading...
Inception Return (January 08, 2009): 6.20%
| 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 | 1.02% | 3.81% | 11.78% | 3.81% | 8.91% | 0.66% | 0.22% | 4.51% | 3.05% | 3.26% | 3.59% | 3.91% | 3.32% | 4.06% |
| Benchmark | 1.80% | 5.77% | 13.57% | 5.77% | 12.38% | 6.05% | 3.87% | 6.63% | 5.64% | 5.56% | 5.88% | 6.44% | 5.97% | 7.01% |
| Category Average | 1.96% | 12.03% | 12.03% | 4.49% | 10.15% | 3.31% | 3.22% | 7.67% | 4.79% | 4.62% | 4.52% | 5.09% | 4.15% | 4.67% |
| Category Rank | 1,692 / 1,735 | 1,270 / 1,735 | 1,001 / 1,711 | 1,270 / 1,735 | 1,195 / 1,684 | 1,565 / 1,617 | 1,401 / 1,434 | 1,281 / 1,358 | 1,162 / 1,301 | 993 / 1,166 | 760 / 1,007 | 762 / 935 | 645 / 824 | 498 / 691 |
| Quartile Ranking | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.56% | -2.02% | 1.68% | 0.30% | -0.50% | -3.50% | -0.54% | 5.62% | 2.50% | 0.69% | 2.07% | 1.02% |
| Benchmark | 1.29% | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% |
6.32% (April 2020)
-6.37% (January 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.62% | 8.44% | -0.43% | 8.04% | -2.44% | 12.21% | 14.06% | 7.00% | -18.51% | 8.71% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | 3 | 1 | 4 | 2 | 2 | 3 | 1 | 4 | 4 | 3 |
| Category Rank | 472/ 682 | 165/ 806 | 899/ 915 | 315/ 1,002 | 427/ 1,145 | 748/ 1,257 | 73/ 1,344 | 1,123/ 1,425 | 1,548/ 1,564 | 1,082/ 1,683 |
14.06% (2020)
-18.51% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 27.18 |
| International Equity | 21.72 |
| US Equity | 14.14 |
| Canadian Government Bonds | 13.88 |
| Canadian Equity | 10.82 |
| Other | 12.26 |
| Name | Percent |
|---|---|
| Fixed Income | 41.06 |
| Mutual Fund | 31.39 |
| Financial Services | 7.45 |
| Healthcare | 4.28 |
| Technology | 3.70 |
| Other | 12.12 |
| Name | Percent |
|---|---|
| North America | 83.33 |
| Multi-National | 16.23 |
| Latin America | 0.44 |
| Europe | 0.00 |
| Name | Percent |
|---|---|
| Canadian Dollar | 45.35 |
| Starlight Global Growth Fund Series I | 16.23 |
| Starlight Private Global Infrastructure Pool Ser A | 9.67 |
| Starlight North American Equity Fund Series I | 5.49 |
| Canada Government 1.25% 01-Mar-2025 | 2.41 |
| Canada Government 1.75% 01-Dec-2053 | 2.03 |
| UnitedHealth Group Inc | 1.55 |
| Canada Government 4.00% 01-Jun-2041 | 1.51 |
| Microsoft Corp | 1.47 |
| Visa Inc Cl A | 1.44 |
Starlight Global Balanced Fund Series AA
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.37% | 9.65% | 8.30% |
|---|---|---|---|
| Beta | 1.07% | 1.12% | 0.98% |
| Alpha | -0.04% | -0.03% | -0.03% |
| Rsquared | 0.87% | 0.89% | 0.83% |
| Sharpe | -0.18% | 0.16% | 0.36% |
| Sortino | -0.29% | 0.07% | 0.23% |
| Treynor | -0.02% | 0.01% | 0.03% |
| Tax Efficiency | 30.84% | 85.78% | 93.18% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.04% | 10.37% | 9.65% | 8.30% |
| Beta | 1.00% | 1.07% | 1.12% | 0.98% |
| Alpha | -0.03% | -0.04% | -0.03% | -0.03% |
| Rsquared | 0.88% | 0.87% | 0.89% | 0.83% |
| Sharpe | 0.51% | -0.18% | 0.16% | 0.36% |
| Sortino | 1.30% | -0.29% | 0.07% | 0.23% |
| Treynor | 0.04% | -0.02% | 0.01% | 0.03% |
| Tax Efficiency | 96.87% | 30.84% | 85.78% | 93.18% |
| Start Date | January 08, 2009 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $12 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| SLC415 |
The investment objective of the Fund is to provide investors access to a global balanced fund seeking capital appreciation and a steady stream of current income.
In respect of the equity component of the Fund’s portfolio: Techniques such as fundamental analysis may be used to assess growth and value potential, with attention paid to both upside potential and downside risk. This means evaluating the financial condition and management of each company, its industry and the overall economy.
| Name | Start Date |
|---|---|
| Sunil Shah | 11-01-2011 |
| Michael Giordano | 11-20-2017 |
| Nayeem Islam | 06-06-2022 |
| Dennis Mitchell | 07-07-2022 |
| Sean Tascatan | 01-16-2023 |
| Jane Xie | 01-20-2023 |
| Fund Manager | Starlight Investments Capital LP |
|---|---|
| Advisor | Starlight Investments Capital LP |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Mellon Global Securities Services Company |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.29% |
|---|---|
| Management Fee | 2.00% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
