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Caldwell North American Fund Series A

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North American Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-24-2025) 		$18.58
Change
$0.07 (0.40%)

As at June 30, 2025

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Sep 2013May 2015Jan 2017Sep 2018May 2020Jan 2022Sep 2023$10,000$15,000$11,000$12,000$13,000$14,000Period

Legend

Caldwell North American Fund Series A

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Fund Returns

Inception Return (June 25, 2012): 8.07%

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 3.37% 2.35% -0.45% -0.45% 8.45% 12.17% 12.00% 8.28% 10.66% 8.35% 7.15% 6.58% 7.32% 6.17%
Benchmark 3.56% 6.93% 5.39% 5.39% 20.56% 20.42% 19.13% 12.46% 15.94% 14.01% 12.96% 13.00% 13.20% 12.23%
Category Average 3.60% 6.24% 2.57% 2.57% 10.98% 13.77% 14.16% 6.76% 11.83% 9.84% 9.18% 9.32% 9.58% 8.26%
Category Rank 57 / 188 144 / 188 183 / 187 183 / 187 149 / 181 128 / 180 129 / 169 78 / 141 85 / 125 81 / 112 69 / 86 67 / 79 65 / 76 42 / 47
Quartile Ranking 2 4 4 4 4 3 4 3 3 3 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.52% -0.60% 1.28% 1.88% 5.97% -2.23% 4.29% -3.72% -3.14% -4.78% 3.99% 3.37%
Benchmark 4.00% 0.64% 2.69% 1.48% 6.48% -1.51% 3.47% -1.01% -3.77% -2.34% 5.72% 3.56%

Best Monthly Return Since Inception

9.75% (April 2020)

Worst Monthly Return Since Inception

-9.86% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 3.71% 6.51% 2.28% -8.41% 11.95% 6.55% 22.37% -5.65% 9.77% 20.49%
Benchmark 5.50% 14.85% 11.54% -2.58% 24.09% 10.91% 26.72% -9.17% 17.51% 28.77%
Category Average 6.38% 4.55% 10.59% -6.12% 20.45% 16.55% 18.87% -14.77% 16.96% 18.75%
Quartile Ranking 3 3 4 3 4 3 2 2 3 3
Category Rank 21/ 41 43/ 70 79/ 79 58/ 81 83/ 93 78/ 119 55/ 139 42/ 145 126/ 172 101/ 180

Best Calendar Return (Last 10 years)

22.37% (2021)

Worst Calendar Return (Last 10 years)

-8.41% (2018)

Asset Allocation

Asset Allocation
Name Percent
US Equity 45.46
Canadian Equity 39.91
Cash and Equivalents 9.88
Income Trust Units 2.45
International Equity 2.29
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 20.38
Technology 15.59
Energy 11.65
Real Estate 11.36
Cash and Cash Equivalent 9.88
Other 31.14

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.71
Europe 2.29

Top Holdings

Top Holdings
Name Percent
JPMorgan Chase & Co 5.76
Stantec Inc 5.45
Element Fleet Management Corp 5.36
Microsoft Corp 5.36
Cash and Cash Equivalents 5.13
Boston Scientific Corp 4.96
Royal Bank of Canada 4.92
Amazon.com Inc 4.88
United States Dollar 4.75
ATS Corp 4.64

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return024681012141618202224262830-20%-10%0%10%20%30%40%

Caldwell North American Fund Series A

Median

Other - North American Equity

3 Yr Annualized

Standard Deviation 10.51% 10.71% 10.79%
Beta 0.76% 0.75% 0.80%
Alpha -0.02% -0.01% -0.03%
Rsquared 0.77% 0.75% 0.81%
Sharpe 0.76% 0.77% 0.45%
Sortino 1.51% 1.23% 0.50%
Treynor 0.10% 0.11% 0.06%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 5 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 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.28% 10.51% 10.71% 10.79%
Beta 1.03% 0.76% 0.75% 0.80%
Alpha -0.11% -0.02% -0.01% -0.03%
Rsquared 0.89% 0.77% 0.75% 0.81%
Sharpe 0.45% 0.76% 0.77% 0.45%
Sortino 0.76% 1.51% 1.23% 0.50%
Treynor 0.05% 0.10% 0.11% 0.06%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A94.0​94.053.3​53.30%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A89.7​89.754.9​54.90%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A94.6​94.649.0​49.00%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A96.3​96.356.9​56.90%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date June 25, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
CWF001
CWF011
CWF101

Investment Objectives

The fundamental investment objective of the Fund is to generate long-term capital appreciation by investing primarily in the equity securities of Canadian and international companies

Investment Strategy

The portfolio advisor employs a combination of quantitative and fundamental analysis in order to seek to identify individual investments which offer attractive risk-adjusted return potential.

Portfolio Management

Portfolio Manager

Caldwell Investment Management Ltd.
Sub-Advisor

-

Management and Organization

Fund Manager

Caldwell Investment Management Ltd.
Custodian

CIBC Mellon Trust Company
Registrar

SGGG Fund Services Inc.
Distributor

Caldwell Securities Ltd.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.63%
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) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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