Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Turtle Creek Investment Fund Class B Series 1 - 860
North American Equity
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-29-2026) |
$78.38 |
|---|---|
| Change | - |
As at May 31, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (March 31, 2016): 7.63%
| 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 | 0.63% | -1.54% | 9.96% | 3.37% | 5.15% | -1.02% | 3.41% | 5.04% | 2.10% | 10.06% | 6.79% | 6.58% | 7.68% | 7.35% |
| Benchmark | 4.56% | 6.73% | 11.12% | 11.43% | 33.31% | 25.37% | 24.57% | 19.08% | 16.40% | 18.30% | 16.51% | 15.11% | 14.39% | 14.61% |
| Category Average | 2.60% | 3.21% | 8.41% | 7.06% | 17.45% | 12.85% | 15.32% | 11.80% | 8.55% | 12.30% | 10.90% | 9.85% | 9.55% | 9.80% |
| Category Rank | 64 / 90 | 37 / 86 | 44 / 81 | 47 / 81 | 42 / 79 | 38 / 61 | 35 / 54 | 32 / 50 | 29 / 48 | 19 / 39 | 20 / 37 | 14 / 34 | 13 / 33 | 9 / 26 |
| Quartile Ranking | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 2 | 2 | 2 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.34% | 4.44% | 1.93% | -5.62% | -1.21% | -7.66% | 6.38% | -0.24% | 5.23% | -8.97% | 7.49% | 0.63% |
| Benchmark | 3.56% | 2.72% | 3.12% | 5.20% | 2.01% | 1.91% | -0.28% | 0.61% | 3.77% | -3.61% | 5.90% | 4.56% |
Best Monthly Return Since Inception
19.92% (April 2020)
Worst Monthly Return Since Inception
-30.44% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 4.31% | -8.43% | 26.71% | 11.70% | 30.10% | -18.93% | 30.90% | 3.70% | -11.77% |
| Benchmark | 14.85% | 11.54% | -2.58% | 24.09% | 10.91% | 26.72% | -9.17% | 17.51% | 28.77% | 21.74% |
| Category Average | 4.55% | 10.59% | -6.12% | 20.45% | 16.55% | 18.87% | -14.77% | 16.96% | 18.75% | 8.61% |
| Quartile Ranking | - | 4 | 3 | 2 | 2 | 1 | 3 | 1 | 3 | 3 |
| Category Rank | - | 22/ 26 | 18/ 34 | 9/ 35 | 18/ 39 | 10/ 42 | 33/ 49 | 11/ 52 | 35/ 56 | 46/ 69 |
Best Calendar Return (Last 10 years)
30.90% (2023)
Worst Calendar Return (Last 10 years)
-18.93% (2022)
Asset Allocation
Sector Allocation
Geographic Allocation
Top Holdings
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Turtle Creek Investment Fund Class B Series 1 - 860
Median
Other - North American Equity
3 Yr Annualized
| Standard Deviation | 22.32% | 21.34% | 22.39% |
|---|---|---|---|
| Beta | 1.61 | 1.31 | 1.49 |
| Alpha | -0.31 | -0.17 | -0.12 |
| Rsquared | 0.55% | 0.55% | 0.65% |
| Sharpe | 0.10 | 0.07 | 0.35 |
| Sortino | 0.18 | 0.09 | 0.43 |
| Treynor | 0.01 | 0.01 | 0.05 |
| Tax Efficiency | 100.00% | 100.00% | - |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 19.12% | 22.32% | 21.34% | 22.39% |
| Beta | 0.90 | 1.61 | 1.31 | 1.49 |
| Alpha | -0.20 | -0.31 | -0.17 | -0.12 |
| Rsquared | 0.18% | 0.55% | 0.55% | 0.65% |
| Sharpe | 0.23 | 0.10 | 0.07 | 0.35 |
| Sortino | 0.27 | 0.18 | 0.09 | 0.43 |
| Treynor | 0.05 | 0.01 | 0.01 | 0.05 |
| Tax Efficiency | 100.00% | 100.00% | 100.00% | - |
Fund Details
| Start Date | March 31, 2016 |
|---|---|
| Instrument Type | Exempt Product (Pooled Fund) |
| Share Class | - |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $391 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| TUR860 |
Investment Objectives
Turtle Creek Investment Fund ("TCIF") seeks to provide long term capital growth by investing in the equity of companies. The Fund's mandate also includes the ability to make private company investments and the ability to establish short positions. Risk is minimized through a deep understanding of each company's management team, its business and the industry in which it operates.
Investment Strategy
The Manager's investment process starts by choosing what it believes are the right companies. The single most important decision the Manager makes is which of the companies among the thousands of public companies deserve the Manager's ongoing time and attention. The Manager strives to select good companies - sound businesses with strong management that drive their intrinsic value higher.
Portfolio Management
| Portfolio Manager |
Turtle Creek Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Turtle Creek Asset Management Inc. |
|---|---|
| Custodian |
Scotia Capital Inc. |
| 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 | - |
|---|---|
| Management Fee | 1.00% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.00% |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
