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Canadian Fixed Income
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|
NAVPS (10-16-2024) |
$9.05 |
|---|---|
| Change |
$0.03
(0.32%)
|
As at September 30, 2024
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Inception Return (June 29, 2018): 4.35%
| 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 | 2.34% | 5.17% | 7.61% | 8.73% | 17.06% | 7.80% | 2.70% | 4.21% | 3.39% | 4.61% | - | - | - | - |
| Benchmark | 1.82% | 4.54% | 5.56% | 4.21% | 12.78% | 5.31% | -0.07% | -1.04% | 0.55% | 2.05% | 2.01% | 1.33% | 1.88% | 2.23% |
| Category Average | 1.80% | 5.19% | 5.19% | 4.02% | 12.41% | 5.32% | -0.66% | -1.18% | 0.24% | 1.46% | 1.32% | 0.83% | 1.29% | 1.40% |
| Category Rank | 2 / 660 | 14 / 647 | 1 / 635 | 7 / 631 | 6 / 626 | 9 / 605 | 1 / 584 | 1 / 550 | 3 / 519 | 2 / 480 | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.36% | 3.81% | 4.09% | -0.45% | 0.61% | 0.87% | -0.93% | 1.77% | 1.49% | 2.20% | 0.55% | 2.34% |
| Benchmark | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% | 1.82% |
4.26% (April 2020)
-13.51% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 12.13% | 3.77% | 7.50% | -10.31% | 8.01% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | - | - | - | - | - | 1 | 4 | 1 | 1 | 1 |
| Category Rank | - | - | - | - | - | 1/ 500 | 530/ 530 | 1/ 561 | 56/ 590 | 30/ 606 |
12.13% (2019)
-10.31% (2022)
Ridgewood Tactical Yield Fund Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 5.83% | 8.27% | - |
|---|---|---|---|
| Beta | 0.74% | 0.89% | - |
| Alpha | 0.03% | 0.03% | - |
| Rsquared | 0.80% | 0.48% | - |
| Sharpe | -0.09% | 0.18% | - |
| Sortino | -0.04% | 0.10% | - |
| Treynor | -0.01% | 0.02% | - |
| Tax Efficiency | 31.21% | 46.98% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.56% | 5.83% | 8.27% | - |
| Beta | 0.74% | 0.74% | 0.89% | - |
| Alpha | 0.07% | 0.03% | 0.03% | - |
| Rsquared | 0.78% | 0.80% | 0.48% | - |
| Sharpe | 2.03% | -0.09% | 0.18% | - |
| Sortino | 8.63% | -0.04% | 0.10% | - |
| Treynor | 0.15% | -0.01% | 0.02% | - |
| Tax Efficiency | 87.58% | 31.21% | 46.98% | - |
| Start Date | June 29, 2018 |
|---|---|
| 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 |
|---|---|---|
| MWM401 |
This fund seeks to achieve a high level of income and capital gains from an actively managed portfolio comprised primarily of securities of Canadian issuers, including preferred shares, investment grade bonds, convertible bonds, real estate investment trusts (“REITs”) and high yield bonds. The fund may also invest in comparable securities of foreign issuers.
The portfolio manager uses the following investment strategies to achieve the fund’s objectives: • managing the portfolio to take advantage of changing levels of interest rates to capitalize on yield disparities between different issuers or sectors • choosing many different investment terms based on the interest rate outlook • hedging the currency if necessary.
| Name | Start Date |
|---|---|
| Mark Carpani | 03-31-2011 |
| Eddie Wong | 03-31-2011 |
| Fund Manager | Ridgewood Capital Asset Management Inc. |
|---|---|
| Advisor | Ridgewood Capital Asset Management Inc. |
| Custodian | RBC Investor Services Trust |
| Registrar | - |
| Distributor | - |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.28% |
|---|---|
| Management Fee | 1.25% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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