Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

Canoe Enhanced Income Portfolio Class Series A

Canadian Fix Inc Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(04-04-2025)
$8.12
Change
-$0.12 (-1.50%)

As at February 28, 2025

As at February 28, 2025

Period
Loading...

Legend

Canoe Enhanced Income Portfolio Class Series A

Compare Options


Fund Returns

Inception Return (January 10, 2012): 3.74%

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 1.45% 0.85% 3.88% 2.76% 9.63% 7.44% 3.75% 4.05% 3.84% 4.19% 3.90% 3.53% 3.99% 3.15%
Benchmark 0.76% 1.25% 5.61% 2.48% 11.83% 8.40% 3.57% 3.41% 3.51% 4.33% 4.37% 4.02% 4.32% 3.51%
Category Average 0.52% 1.32% 4.90% 2.40% 10.43% 8.07% 3.51% 3.06% 3.41% 3.77% 3.50% 3.30% 3.70% 2.88%
Category Rank 5 / 409 370 / 409 365 / 407 73 / 409 298 / 407 311 / 403 217 / 389 99 / 365 149 / 342 152 / 325 134 / 292 146 / 275 139 / 259 126 / 242
Quartile Ranking 1 4 4 1 3 4 3 2 2 2 2 3 3 3

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 1.68% -1.63% 1.13% 0.34% 2.80% 1.15% 1.14% -0.52% 2.38% -1.86% 1.29% 1.45%
Benchmark 1.39% -1.91% 0.69% 1.88% 3.07% 0.70% 2.15% -0.59% 2.72% -1.20% 1.71% 0.76%

Best Monthly Return Since Inception

4.65% (April 2020)

Worst Monthly Return Since Inception

-4.71% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.90% 4.47% 4.11% -0.86% 6.46% 5.83% 5.00% -5.01% 4.87% 7.56%
Benchmark 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79% 8.33%
Category Average 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21% 8.35%
Quartile Ranking 4 3 3 2 4 3 2 1 4 3
Category Rank 197/ 242 137/ 252 149/ 275 79/ 288 300/ 312 250/ 341 132/ 364 10/ 380 400/ 402 294/ 406

Best Calendar Return (Last 10 years)

7.56% (2024)

Worst Calendar Return (Last 10 years)

-5.01% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 23.54
Cash and Equivalents 21.53
Foreign Government Bonds 16.67
Canadian Equity 13.88
US Equity 12.40
Other 11.98

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 50.01
Cash and Cash Equivalent 21.53
Financial Services 8.39
Energy 4.76
Consumer Services 2.74
Other 12.57

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.18
Europe 2.33
Latin America 0.50
Other -0.01

Top Holdings

Top Holdings
Name Percent
Canoe Enhanced Income Fund Series A 99.65
Cash and Cash Equivalents 0.35

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Canoe Enhanced Income Portfolio Class Series A

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 7.21% 6.66% 5.26%
Beta 0.88% 0.83% 0.82%
Alpha 0.01% 0.01% 0.00%
Rsquared 0.90% 0.91% 0.88%
Sharpe 0.02% 0.24% 0.30%
Sortino 0.19% 0.22% 0.07%
Treynor 0.00% 0.02% 0.02%
Tax Efficiency 45.67% 49.25% 35.42%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.03% 7.21% 6.66% 5.26%
Beta 0.85% 0.88% 0.83% 0.82%
Alpha 0.00% 0.01% 0.01% 0.00%
Rsquared 0.81% 0.90% 0.91% 0.88%
Sharpe 1.05% 0.02% 0.24% 0.30%
Sortino 2.17% 0.19% 0.22% 0.07%
Treynor 0.06% 0.00% 0.02% 0.02%
Tax Efficiency 79.00% 45.67% 49.25% 35.42%

Fund Details

Start Date January 10, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
GOC901
GOC902

Investment Objectives

The Fund aims to provide a return that is similar to the return of Canoe Enhanced Income Fund (the Underlying Fund), a fixed income balanced mutual fund managed by the Manager, or by an affiliate or associate of the Manager. The Fund invests indirectly through the Partnership primarily in securities of the Underlying Fund and/or it may invest some or all of its net assets indirectly through the Partnership in securities similar to those held by the Underlying Fund.

Investment Strategy

Currently, the Fund seeks to achieve its investment objectives by investing substantially all of its net assets indirectly through the Partnership in units of the Underlying Fund. The Fund may also invest indirectly through the Partnership in securities similar to those held by the Underlying Fund.

Portfolio Management

Portfolio Manager

Canoe Financial LP

  • Marc Goldfried
Sub-Advisor

-

Management and Organization

Fund Manager

Canoe Financial LP

Custodian

CIBC Mellon Trust Company

Registrar

International Financial Data Services (Canada) Ltd

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.98%
Management Fee 1.60%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) 0.75%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports