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Sector Equity
Click for more information on Fundata’s ESG Grade
Click for more information on Fundata’s ESG Grade.
|
NAVPS (05-03-2024) |
$16.38 |
|---|---|
| Change |
$0.02
(0.10%)
|
As at March 31, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (October 23, 2014): 9.89%
| 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 | 2.88% | 10.31% | 13.35% | 10.31% | 11.72% | 6.77% | 10.52% | 9.52% | 8.44% | 9.47% | 8.33% | 8.69% | 8.00% | - |
| 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 | 1.75% | 21.53% | 21.53% | 10.46% | 26.42% | 7.93% | 5.18% | 15.21% | 11.07% | 11.30% | 11.63% | 12.17% | 10.44% | 11.78% |
| Category Rank | 31 / 198 | 76 / 197 | 134 / 193 | 76 / 197 | 133 / 177 | 90 / 159 | 41 / 144 | 98 / 138 | 75 / 127 | 67 / 119 | 68 / 94 | 63 / 94 | 50 / 87 | - |
| Quartile Ranking | 1 | 2 | 3 | 2 | 4 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.10% | -3.49% | 1.21% | -0.16% | 1.83% | -3.75% | -1.45% | 2.91% | 1.31% | 4.60% | 2.50% | 2.88% |
| 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% |
8.97% (January 2015)
-6.40% (February 2021)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 28.40% | -4.85% | 8.04% | 11.03% | 11.71% | 7.28% | 17.63% | 0.90% | -0.41% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | 17.30% | 16.21% | -0.43% | 20.39% | 1.55% | 22.37% | 29.99% | 15.34% | -25.24% | 26.53% |
| Quartile Ranking | - | 1 | 3 | 4 | 1 | 4 | 4 | 2 | 1 | 4 |
| Category Rank | - | 16/ 87 | 66/ 94 | 79/ 94 | 14/ 114 | 115/ 125 | 120/ 135 | 65/ 140 | 16/ 157 | 132/ 168 |
28.40% (2015)
-4.85% (2016)
| Name | Percent |
|---|---|
| US Equity | 72.64 |
| International Equity | 19.33 |
| Income Trust Units | 6.11 |
| Cash and Equivalents | 1.92 |
| Name | Percent |
|---|---|
| Healthcare | 92.03 |
| Consumer Services | 2.87 |
| Cash and Cash Equivalent | 1.92 |
| Mutual Fund | 1.72 |
| Real Estate | 1.45 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| North America | 80.67 |
| Europe | 19.32 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Eli Lilly and Co | 7.27 |
| Merck & Co Inc | 5.64 |
| AstraZeneca PLC | 4.86 |
| Abbvie Inc | 4.86 |
| Chartwell Retirement Residences - Units | 4.39 |
| Stryker Corp | 4.30 |
| UnitedHealth Group Inc | 4.29 |
| Johnson & Johnson | 4.27 |
| Boston Scientific Corp | 4.21 |
| Thermo Fisher Scientific Inc | 4.11 |
Middlefield Healthcare Dividend Fund Series A
Median
Other - Sector Equity
| Standard Deviation | 11.60% | 11.50% | - |
|---|---|---|---|
| Beta | 0.47% | 0.34% | - |
| Alpha | 0.06% | 0.05% | - |
| Rsquared | 0.29% | 0.22% | - |
| Sharpe | 0.70% | 0.60% | - |
| Sortino | 1.09% | 0.80% | - |
| Treynor | 0.17% | 0.20% | - |
| Tax Efficiency | 87.57% | 84.21% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.21% | 11.60% | 11.50% | - |
| Beta | 0.51% | 0.47% | 0.34% | - |
| Alpha | 0.04% | 0.06% | 0.05% | - |
| Rsquared | 0.51% | 0.29% | 0.22% | - |
| Sharpe | 0.74% | 0.70% | 0.60% | - |
| Sortino | 1.48% | 1.09% | 0.80% | - |
| Treynor | 0.13% | 0.17% | 0.20% | - |
| Tax Efficiency | 89.31% | 87.57% | 84.21% | - |
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.
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.
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.
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.
| Start Date | October 23, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MID325 | ||
| MID327 | ||
| MID330 |
The Fund’s objective is to provide holders of units with (i) stable monthly cash distributions, and (ii) long-term total returns through distributions and capital appreciation of the Fund’s portfolio. The Fund’s investment strategy focuses on investing in dividend paying securities of global issuers that derive a significant portion of their revenue or earnings from products or services related to healthcare.
In determining which individual investments to include in the portfolio the Manager will consider: a company’s balance sheet, cash flow characteristics, profitability, industry position, future growth potential and management ability. The investment strategy follows strong discipline with regard to price paid to acquire portfolio investments.
| Name | Start Date |
|---|---|
| Dean C. Orrico | 06-16-2016 |
| Robert Moffat | 06-07-2021 |
| Fund Manager | Middlefield Limited (ML) |
|---|---|
| Advisor | Middlefield Capital Corporation (MCC) |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | RBC Investor Services Trust (Canada) |
| Distributor | Middlefield Capital Corporation (MCC) |
| Auditor | Deloitte & Touche LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 100 |
| MER | 2.54% |
|---|---|
| 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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