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Canadian Div & Inc Equity

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
(04-11-2024)
$14.56
Change
-$0.05 (-0.32%)

As at March 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

Canoe Premium Income Fund Series A

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Fund Returns

Inception Return (April 07, 2010): 6.69%

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 3.22% 0.65% -2.45% 4.89% 10.51% 2.79% 6.45% 13.98% 6.53% 6.18% 5.46% 6.59% 5.12% 5.46%
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 2.88% 13.25% 13.25% 5.34% 9.90% 1.74% 7.86% 13.92% 7.75% 7.60% 6.53% 7.55% 6.30% 6.18%
Category Rank 164 / 459 351 / 454 415 / 452 351 / 454 239 / 449 182 / 438 367 / 411 239 / 397 321 / 388 325 / 361 288 / 337 257 / 309 229 / 269 199 / 257
Quartile Ranking 2 4 4 4 3 2 4 3 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.99% -3.85% 3.04% 2.20% -1.57% -2.18% -2.45% 5.72% 2.76% 0.65% 0.96% 3.22%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

9.11% (April 2020)

Worst Monthly Return Since Inception

-17.35% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.11% -2.09% 13.19% 6.17% -6.50% 11.75% 1.90% 18.55% -1.62% 7.42%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 3 2 3 3 2 4 1 4 2 3
Category Rank 165/ 244 96/ 268 226/ 304 234/ 335 142/ 360 379/ 382 80/ 397 398/ 409 127/ 432 246/ 443

Best Calendar Return (Last 10 years)

18.55% (2021)

Worst Calendar Return (Last 10 years)

-6.50% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 71.49
Cash and Equivalents 19.23
US Equity 7.03
Income Trust Units 2.20
Canadian Corporate Bonds 0.06
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.46
Cash and Cash Equivalent 19.24
Energy 12.95
Basic Materials 7.24
Healthcare 6.21
Other 34.90

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
BANK OF MONTREAL TD 4.85% 01-Feb-2024 12.65
BANK OF MONTREAL TD 5.18% 01-Feb-2024 6.15
Toronto-Dominion Bank 3.84
Royal Bank of Canada 3.81
Canadian Pacific Kansas City Ltd 2.69
SNC-Lavalin Group Inc 2.67
TWC Enterprises Ltd 2.47
ARC Resources Ltd 2.46
Rogers Communications Inc Cl B 2.46
Agnico Eagle Mines Ltd 2.43

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)

Canoe Premium Income Fund Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 9.60% 13.14% 10.62%
Beta 0.70% 0.81% 0.79%
Alpha 0.00% -0.01% -0.01%
Rsquared 0.93% 0.92% 0.88%
Sharpe 0.43% 0.40% 0.43%
Sortino 0.57% 0.43% 0.37%
Treynor 0.06% 0.07% 0.06%
Tax Efficiency 69.17% 73.83% 72.11%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.85% 9.60% 13.14% 10.62%
Beta 0.77% 0.70% 0.81% 0.79%
Alpha 0.00% 0.00% -0.01% -0.01%
Rsquared 0.99% 0.93% 0.92% 0.88%
Sharpe 0.58% 0.43% 0.40% 0.43%
Sortino 1.30% 0.57% 0.43% 0.37%
Treynor 0.07% 0.06% 0.07% 0.06%
Tax Efficiency 83.60% 69.17% 73.83% 72.11%

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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.

Fund Details

Start Date April 07, 2010
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
GOC3301
GOC3331

Investment Objectives

The Fund aims to generate income and long term capital growth by investing primarily in a portfolio of publicly-traded dividend paying common and preferred shares and income trust units of mid and large-cap issuers domiciled in Canada.

Investment Strategy

The Fund invests primarily in publicly-traded dividend paying common shares, preferred shares and income trust units of mid and large-cap Canadian issuers. Up to 30% of the Fund’s assets may be invested in foreign securities.

Portfolio Manager(s)

Name Start Date
Steve DiGregorio 12-16-2009

Management and Organization

Fund Manager Canoe Financial LP
Advisor Canoe Financial LP
Custodian CIBC Mellon Trust Company
Registrar International Financial Data Services (Canada) Ltd
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.43%
Management Fee 2.00%
Load Front Fee Only
FE Max 1.00%
DSC Max 1.00%
LL Max 1.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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