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Canoe Premium Yield Fund Series A

Misc - Inc&Real Property

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
(11-11-2024)
$14.42
Change
$0.01 (0.04%)

As at October 31, 2024

As at September 30, 2024

As at July 31, 2024

Period
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Legend

Canoe Premium Yield Fund Series A

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Fund Returns

Inception Return (April 07, 2010): 6.49%

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 0.02% 0.76% 2.94% 6.07% 15.23% 7.51% 3.93% 10.15% 7.01% 6.34% 5.28% 5.82% 5.84% 5.09%
Benchmark 0.85% 5.30% 12.95% 18.24% 32.06% 15.16% 8.05% 15.02% 11.33% 11.65% 9.36% 9.62% 9.96% 8.41%
Category Average 0.52% 1.14% 2.71% 3.91% 5.82% 3.63% 2.59% 4.81% 3.61% 3.99% 3.75% 3.75% 3.46% 3.40%
Category Rank 69 / 79 72 / 79 59 / 79 66 / 78 23 / 78 46 / 78 43 / 77 33 / 75 31 / 72 32 / 64 30 / 59 28 / 53 19 / 43 20 / 26
Quartile Ranking 4 4 3 4 2 3 3 2 2 2 3 3 2 4

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 5.72% 2.76% 0.65% 0.96% 3.22% -1.76% 0.83% -0.39% 1.72% 0.36% 0.38% 0.02%
Benchmark 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85%

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 5.16% 2.24% 1.46% 4.39% 0.91% 7.57% 1.50% 10.36% -0.98% 2.53%
Quartile Ranking 3 4 1 3 4 2 2 2 3 2
Category Rank 16/ 25 22/ 29 11/ 44 29/ 53 52/ 60 19/ 67 26/ 72 23/ 77 41/ 77 36/ 78

Best Calendar Return (Last 10 years)

18.55% (2021)

Worst Calendar Return (Last 10 years)

-6.50% (2018)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 83.61
Canadian Equity 13.59
Income Trust Units 1.23
US Equity 0.95
International Equity 0.63
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 83.60
Consumer Goods 3.59
Financial Services 2.97
Consumer Services 2.59
Energy 2.00
Other 5.25

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.37
Europe 0.67
Other -0.04

Top Holdings

Top Holdings
Name Percent
BANK OF MONTREAL TD 4.10% 01-Oct-2024 51.83
BANK OF MONTREAL TD 4.68% 01-Oct-2024 17.46
Cash and Cash Equivalents 11.23
US DOLLAR 3.09
Intact Financial Corp 1.69
Dollar Tree Inc 1.33
AG Growth International Inc 1.33
National Bank of Canada 1.28
TWC Enterprises Ltd 1.26
Canadian Apartment Properties REIT - Units 1.23

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 Yield Fund Series A

Median

Other - Misc - Inc&Real Property

3 Yr Annualized

Standard Deviation 9.45% 13.08% 10.50%
Beta 0.67% 0.79% 0.77%
Alpha -0.01% -0.02% -0.01%
Rsquared 0.90% 0.91% 0.87%
Sharpe 0.09% 0.41% 0.38%
Sortino 0.20% 0.48% 0.33%
Treynor 0.01% 0.07% 0.05%
Tax Efficiency 43.97% 73.18% 68.62%
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 6.75% 9.45% 13.08% 10.50%
Beta 0.63% 0.67% 0.79% 0.77%
Alpha -0.03% -0.01% -0.02% -0.01%
Rsquared 0.79% 0.90% 0.91% 0.87%
Sharpe 1.46% 0.09% 0.41% 0.38%
Sortino 5.41% 0.20% 0.48% 0.33%
Treynor 0.16% 0.01% 0.07% 0.05%
Tax Efficiency 85.11% 43.97% 73.18% 68.62%

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 primarily writing put options, investing in equity securities, and/or writing call options on these equities. The fundamental investment objectives cannot be changed without approval sof a majority of the securityholders of the Fund.

Investment Strategy

The Fund seeks to achieve its objectives by primarily writing cash covered put options on North American equities, as well as investing in a diversified portfolio of North American equities, writing covered calls, and employing other options strategies. The portfolio manager will employ bottom-up fundamental analysis to identify a list of high-quality companies trading at attractive valuations.

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 Choice of Front or No Load
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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