Join Fund Library now and get free access to personalized features to help you manage your investments.

Tradex Global Equity Fund

Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2018, 2017, 2014

Click for more information on Fundata’s FundGrade

NAVPS
(02-11-2025)
$20.64
Change
$0.05 (0.26%)

As at January 31, 2025

Period
Loading...

Legend

Tradex Global Equity Fund

Compare Options


Fund Returns

Inception Return (May 07, 1999): 7.46%

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 7.09% 13.27% 13.95% 7.09% 31.79% 22.67% 10.01% 10.50% 10.96% 11.46% 9.04% 11.15% 11.27% 10.10%
Benchmark 3.94% 8.71% 12.28% 3.94% 30.00% 22.02% 13.03% 12.76% 12.87% 13.48% 11.26% 12.40% 12.20% 11.18%
Category Average 4.52% 7.51% 9.99% 4.52% 23.51% 17.05% 9.41% 9.79% 10.04% 10.75% 8.60% 9.67% 9.54% 8.50%
Category Rank 49 / 2,113 103 / 2,105 295 / 2,075 49 / 2,113 268 / 2,016 338 / 1,897 821 / 1,769 783 / 1,594 571 / 1,471 622 / 1,412 570 / 1,196 324 / 1,041 184 / 892 212 / 770
Quartile Ranking 1 1 1 1 1 1 2 2 2 2 2 2 1 2

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 4.34% 3.03% -1.21% 2.71% 2.67% 3.27% -1.65% 2.21% 0.09% 5.57% 0.18% 7.09%
Benchmark 5.64% 2.94% -1.84% 3.15% 2.29% 2.79% 0.04% 2.54% 0.69% 4.44% 0.14% 3.94%

Best Monthly Return Since Inception

13.50% (April 2020)

Worst Monthly Return Since Inception

-16.17% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 15.13% 3.82% 23.93% -7.15% 22.23% 12.54% 18.26% -21.04% 17.79% 26.02%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking 3 3 1 3 2 2 2 4 2 1
Category Rank 397/ 758 458/ 882 45/ 1,040 851/ 1,187 445/ 1,387 682/ 1,469 569/ 1,590 1,509/ 1,744 628/ 1,895 499/ 2,012

Best Calendar Return (Last 10 years)

26.02% (2024)

Worst Calendar Return (Last 10 years)

-21.04% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Tradex Global Equity Fund

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 14.87% 17.36% 14.84%
Beta 1.14% 1.26% 1.21%
Alpha -0.04% -0.04% -0.03%
Rsquared 0.90% 0.92% 0.91%
Sharpe 0.47% 0.55% 0.61%
Sortino 0.81% 0.77% 0.78%
Treynor 0.06% 0.08% 0.08%
Tax Efficiency 86.67% 84.25% 75.57%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.16% 14.87% 17.36% 14.84%
Beta 1.11% 1.14% 1.26% 1.21%
Alpha -0.01% -0.04% -0.04% -0.03%
Rsquared 0.79% 0.90% 0.92% 0.91%
Sharpe 2.63% 0.47% 0.55% 0.61%
Sortino 10.53% 0.81% 0.77% 0.78%
Treynor 0.22% 0.06% 0.08% 0.08%
Tax Efficiency 91.70% 86.67% 84.25% 75.57%

Fund Details

Start Date May 07, 1999
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Restricted
Currency CAD
Distribution Frequency Annual
Assets ($mil) $65

Fund Codes

FundServ Code Load Code Sales Status
TMI003

Investment Objectives

To achieve long-term capital appreciation by investing primarily in closed-end funds whose investments are principally in a diversified portfolio of equity securities of issuers based in any country.

Investment Strategy

The Fund’s investment approach involves the portfolio manager assessing which of the world’s stock markets, industry sectors and currencies have the best potential rate of return. Among the key economic and financial indicators studied are industrial production, short-term interest rates, the consumer price indices, balance of payments data, gross domestic product data, commodity prices, and foreign exchange rates.

Portfolio Manager(s)

Name Start Date
Michael Edmunds 04-01-2010

Management and Organization

Fund Manager Tradex Management Inc.
Advisor City of London Investment Mgmt. Co. Ltd.
Custodian RBC Investor Services Trust
Registrar RBC Investor Services Trust
Distributor Tradex Management Inc.
Auditor PricewaterhouseCoopers LLP

Investment Minimums

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

Fees

MER 3.06%
Management Fee 0.60%
Load Back Fee Only
FE Max 2.00%
DSC Max -
Trailer Fee Max (FE) -
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.