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Ridgewood Tactical Yield Fund Series A

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Multi-Sector Fixed Income

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

NAVPS
(05-27-2025) 		$9.02
Change
$0.04 (0.46%)

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$20,000$7,500$12,500$15,000$17,500$9,000$9,500$10,500$11,000$11,500$12,000Period

Legend

Ridgewood Tactical Yield Fund Series A

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Fund Returns

Inception Return (March 31, 2011): 4.30%

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 -1.18% -0.30% 2.42% 0.50% 11.50% 7.93% 4.87% 3.80% 5.37% 4.12% 4.54% 4.31% 5.09% 4.48%
Benchmark -1.88% -0.51% 2.54% 0.89% 9.88% 5.80% 5.50% 1.57% 0.32% 1.49% 2.31% 1.70% 2.65% 3.09%
Category Average -0.17% 0.32% 1.22% 1.06% 6.03% 4.29% - - - - - - - -
Category Rank 252 / 327 181 / 327 29 / 321 175 / 322 2 / 307 32 / 298 57 / 287 32 / 274 36 / 259 31 / 239 27 / 214 23 / 187 21 / 149 17 / 126
Quartile Ranking 4 3 1 3 1 1 1 1 1 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.77% 1.49% 2.20% 0.55% 2.34% 0.23% 1.83% 0.08% 0.80% 1.24% -0.34% -1.18%
Benchmark 0.36% 1.11% 3.56% -0.33% 1.97% 0.33% 0.96% 0.67% 1.41% 1.02% 0.37% -1.88%

Best Monthly Return Since Inception

4.26% (April 2020)

Worst Monthly Return Since Inception

-13.51% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 3.20% 6.58% 6.02% 2.33% 12.30% 3.61% 7.50% -10.31% 8.01% 11.05%
Benchmark 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25% 9.76%
Category Average - - - - - - - - - 3.89%
Quartile Ranking 2 3 1 1 1 3 1 3 2 1
Category Rank 32/ 120 73/ 138 29/ 185 28/ 211 15/ 233 181/ 255 30/ 271 198/ 280 82/ 298 27/ 307

Best Calendar Return (Last 10 years)

12.30% (2019)

Worst Calendar Return (Last 10 years)

-10.31% (2022)

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

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 Return345678910111213-4%-2%0%2%4%6%8%10%

Ridgewood Tactical Yield Fund Series A

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 5.38% 5.11% 6.28%
Beta 0.72% 0.52% 0.40%
Alpha 0.01% 0.05% 0.03%
Rsquared 0.55% 0.40% 0.17%
Sharpe 0.18% 0.58% 0.46%
Sortino 0.60% 0.76% 0.32%
Treynor 0.01% 0.06% 0.07%
Tax Efficiency 60.52% 65.31% 56.51%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.76% 5.38% 5.11% 6.28%
Beta 0.65% 0.72% 0.52% 0.40%
Alpha 0.05% 0.01% 0.05% 0.03%
Rsquared 0.61% 0.55% 0.40% 0.17%
Sharpe 1.94% 0.18% 0.58% 0.46%
Sortino 5.14% 0.60% 0.76% 0.32%
Treynor 0.11% 0.01% 0.06% 0.07%
Tax Efficiency 81.77% 60.52% 65.31% 56.51%

Fund Details

Start Date March 31, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
MWM401

Investment Objectives

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.

Investment Strategy

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.

Portfolio Management

Portfolio Manager

Ridgewood Capital Asset Management Inc.

  • Mark Carpani
  • Eddie Wong
Sub-Advisor

-

Management and Organization

Fund Manager

Ridgewood Capital Asset Management Inc.
Custodian

RBC Investor Services Trust
Registrar

-
Distributor

-

Investment Minimums

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

Fees

MER 1.42%
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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