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Global Neutral Balanced
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2015, 2013
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|
NAVPS (12-31-2024) |
$24.47 |
|---|---|
| Change |
$0.02
(0.08%)
|
As at November 30, 2024
As at November 30, 2024
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Inception Return (January 08, 2009): 6.49%
| 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 | 3.05% | 4.50% | 8.49% | 12.73% | 15.55% | 8.84% | 0.70% | 2.10% | 3.98% | 5.00% | 3.99% | 4.80% | 4.19% | 4.52% |
| Benchmark | 2.87% | 5.40% | 10.72% | 17.28% | 19.68% | 13.41% | 5.30% | 5.73% | 6.56% | 7.36% | 6.49% | 7.10% | 6.83% | 7.51% |
| Category Average | 2.87% | 4.26% | 8.53% | 13.60% | 16.89% | 10.20% | 4.14% | 5.37% | 5.45% | 6.18% | 5.05% | 5.53% | 5.33% | 5.08% |
| Category Rank | 746 / 1,771 | 944 / 1,761 | 1,083 / 1,749 | 1,290 / 1,725 | 1,331 / 1,725 | 1,393 / 1,672 | 1,537 / 1,546 | 1,401 / 1,411 | 1,187 / 1,325 | 1,049 / 1,233 | 936 / 1,115 | 693 / 975 | 770 / 882 | 562 / 773 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.50% | 0.69% | 2.07% | 1.02% | -1.72% | 1.84% | 0.92% | 2.97% | -0.10% | 1.38% | 0.03% | 3.05% |
| Benchmark | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% |
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 | 459/ 649 | 156/ 783 | 880/ 892 | 312/ 976 | 422/ 1,122 | 776/ 1,244 | 69/ 1,334 | 1,144/ 1,417 | 1,543/ 1,554 | 1,123/ 1,672 |
14.06% (2020)
-18.51% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 21.32 |
| US Equity | 19.90 |
| Canadian Equity | 18.90 |
| Canadian Corporate Bonds | 15.64 |
| Cash and Equivalents | 5.40 |
| Other | 18.84 |
| Name | Percent |
|---|---|
| Fixed Income | 36.96 |
| Mutual Fund | 13.42 |
| Financial Services | 10.82 |
| Technology | 5.73 |
| Consumer Services | 5.57 |
| Other | 27.50 |
| Name | Percent |
|---|---|
| North America | 93.68 |
| Europe | 4.59 |
| Multi-National | 0.90 |
| Latin America | 0.85 |
| Other | -0.02 |
| Name | Percent |
|---|---|
| Starlight Global Growth Fund Series I | 14.88 |
| Starlight Private Global Infrastructure Pool Ser A | 11.34 |
| Starlight North American Equity Fund Series I | 5.35 |
| Canada Government 2.25% 01-Dec-2029 | 3.74 |
| Ontario Province 1.75% 08-Sep-2025 | 2.83 |
| Canada Housing Trust No 1 4.15% 15-Jun-2033 | 2.57 |
| Canadian Dollars - London | 2.53 |
| Canada Government 1.75% 01-Dec-2053 | 2.41 |
| Royal Bank of Canada | 1.71 |
| Brookfield Corp Cl A | 1.67 |
Starlight Global Balanced Fund Series AA
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.23% | 9.73% | 8.38% |
|---|---|---|---|
| Beta | 1.07% | 1.11% | 0.98% |
| Alpha | -0.05% | -0.03% | -0.03% |
| Rsquared | 0.90% | 0.89% | 0.84% |
| Sharpe | -0.23% | 0.21% | 0.38% |
| Sortino | -0.23% | 0.20% | 0.30% |
| Treynor | -0.02% | 0.02% | 0.03% |
| Tax Efficiency | 73.98% | 88.74% | 93.81% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.83% | 10.23% | 9.73% | 8.38% |
| Beta | 0.91% | 1.07% | 1.11% | 0.98% |
| Alpha | -0.02% | -0.05% | -0.03% | -0.03% |
| Rsquared | 0.89% | 0.90% | 0.89% | 0.84% |
| Sharpe | 2.10% | -0.23% | 0.21% | 0.38% |
| Sortino | 5.79% | -0.23% | 0.20% | 0.30% |
| Treynor | 0.11% | -0.02% | 0.02% | 0.03% |
| Tax Efficiency | 98.25% | 73.98% | 88.74% | 93.81% |
| 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) | $11 |
| 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 | RBC Investor Services Trust (Canada) |
| Registrar | RBC Investor Services Trust (Canada) |
| Distributor | - |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.94% |
|---|---|
| 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) | - |
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