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Canoe Defensive U.S. Equity Portfolio Class Series A
U.S. Equity
Click for more information on Fundata’s FundGrade
FundGrade D
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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FundGrade A+® Rating Recipient
2023
Click for more information on Fundata’s FundGrade
|
NAVPS (06-23-2026) |
$24.42 |
|---|---|
| Change |
-$0.07
(-0.27%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Fund Returns
Inception Return (November 19, 2013): 9.85%
| 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 | -0.50% | -0.80% | -3.10% | 0.27% | 4.69% | 4.05% | 7.00% | 7.99% | 7.36% | 8.22% | 9.21% | 8.91% | 8.40% | 9.04% |
| Benchmark | 6.61% | 11.78% | 9.89% | 12.01% | 30.16% | 22.09% | 24.20% | 20.67% | 17.24% | 18.16% | 17.70% | 16.50% | 15.73% | 16.24% |
| Category Average | 5.39% | 8.95% | 7.75% | 9.30% | 23.05% | 16.04% | 18.97% | 15.39% | 11.84% | 14.12% | 13.39% | 12.21% | 11.82% | 12.19% |
| Category Rank | 1,358 / 1,401 | 1,289 / 1,391 | 1,336 / 1,376 | 1,306 / 1,379 | 1,274 / 1,320 | 1,237 / 1,247 | 1,184 / 1,187 | 1,079 / 1,136 | 973 / 1,073 | 979 / 1,014 | 850 / 951 | 790 / 882 | 738 / 826 | 658 / 749 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.09% | 2.75% | 2.16% | 1.98% | -0.47% | 0.31% | -3.37% | 1.20% | -0.12% | -4.95% | 4.89% | -0.50% |
| Benchmark | 4.21% | 3.75% | 1.28% | 5.00% | 3.05% | -0.03% | -1.89% | 0.38% | -0.17% | -2.91% | 8.00% | 6.61% |
Best Monthly Return Since Inception
6.69% (April 2020)
Worst Monthly Return Since Inception
-7.88% (April 2025)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.80% | 7.52% | 1.04% | 15.60% | 15.01% | 27.66% | -8.65% | 13.34% | 16.45% | -3.55% |
| Benchmark | 8.65% | 13.80% | 3.98% | 25.18% | 16.07% | 28.16% | -12.52% | 23.32% | 36.01% | 12.28% |
| Category Average | 6.16% | 13.43% | -2.19% | 22.72% | 13.97% | 23.22% | -14.41% | 18.85% | 26.98% | 8.65% |
| Quartile Ranking | 1 | 4 | 2 | 4 | 3 | 1 | 1 | 4 | 4 | 4 |
| Category Rank | 158/ 693 | 714/ 771 | 382/ 856 | 874/ 919 | 532/ 986 | 165/ 1,051 | 211/ 1,094 | 940/ 1,149 | 1,117/ 1,229 | 1,260/ 1,272 |
Best Calendar Return (Last 10 years)
27.66% (2021)
Worst Calendar Return (Last 10 years)
-8.65% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 97.05 |
| International Equity | 3.82 |
| Cash and Equivalents | -0.88 |
| Other | 0.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 28.29 |
| Financial Services | 22.05 |
| Consumer Services | 16.70 |
| Consumer Goods | 12.06 |
| Industrial Goods | 9.24 |
| Other | 11.66 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.18 |
| Europe | 3.82 |
Top Holdings
| Name | Percent |
|---|---|
| Alphabet Inc Cl A | 11.09 |
| Microsoft Corp | 8.44 |
| Moody's Corp | 6.98 |
| Amazon.com Inc | 6.69 |
| Mastercard Inc Cl A | 5.65 |
| Analog Devices Inc | 5.35 |
| Autozone Inc | 4.92 |
| CME Group Inc Cl A | 4.42 |
| Linde PLC | 3.82 |
| MSCI Inc | 3.77 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Canoe Defensive U.S. Equity Portfolio Class Series A
Median
Other - U.S. Equity
3 Yr Annualized
| Standard Deviation | 10.08% | 10.88% | 10.39% |
|---|---|---|---|
| Beta | 0.69 | 0.65 | 0.70 |
| Alpha | -0.08 | -0.03 | -0.02 |
| Rsquared | 0.69% | 0.68% | 0.74% |
| Sharpe | 0.37 | 0.44 | 0.70 |
| Sortino | 0.59 | 0.64 | 0.93 |
| Treynor | 0.05 | 0.07 | 0.10 |
| Tax Efficiency | 96.57% | 93.10% | 91.93% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.17% | 10.08% | 10.88% | 10.39% |
| Beta | 0.57 | 0.69 | 0.65 | 0.70 |
| Alpha | -0.11 | -0.08 | -0.03 | -0.02 |
| Rsquared | 0.53% | 0.69% | 0.68% | 0.74% |
| Sharpe | 0.29 | 0.37 | 0.44 | 0.70 |
| Sortino | 0.31 | 0.59 | 0.64 | 0.93 |
| Treynor | 0.05 | 0.05 | 0.07 | 0.10 |
| Tax Efficiency | 87.53% | 96.57% | 93.10% | 91.93% |
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 | November 19, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| GOC1101 | ||
| GOC1102 |
Investment Objectives
? Current income and long term capital appreciation The Fund aims to provide current income and long term capital appreciation by investing, indirectly through the Partnership, primarily in equity securities of U.S. issuers. The fundamental investment objectives cannot be changed without approval of a majority of the shareholders of the Fund.
Investment Strategy
The Fund invests, indirectly through the Partnership, primarily in equity securities of U.S. corporations, including common stocks and preferred stock convertible to common stock. To achieve the Fund’s objective, when buying and selling equity securities, the sub-advisor: invests in a concentrated (yet diversified) portfolio of high quality companies with the view of holding these companies for a long period of time; selects investments based on fundamental research and analysis.
Portfolio Management
| Portfolio Manager |
Canoe Financial LP |
|---|---|
| Sub-Advisor |
PineStone Asset Management Inc
Nalmont Capital
|
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 | 2.35% |
|---|---|
| Management Fee | 2.20% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 3.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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