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AlphaDelta Canadian Dividend Income Class Series A

Canadian Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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NAVPS
(04-19-2024)
$19.36
Change
$0.12 (0.63%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

AlphaDelta Canadian Dividend Income Class Series A

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Fund Returns

Inception Return (December 30, 2020): 7.38%

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 3.09% 4.52% 12.51% 4.52% 8.36% 0.87% 5.73% - - - - - - -
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 2.88% 13.24% 13.24% 5.34% 9.89% 1.74% 7.86% 13.92% 7.75% 7.60% 6.53% 7.55% 6.30% 6.18%
Category Rank 195 / 458 372 / 453 306 / 451 372 / 453 380 / 448 370 / 437 383 / 410 - - - - - - -
Quartile Ranking 2 4 3 4 4 4 4 - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.41% -3.55% 2.20% 1.36% -1.56% -3.45% -2.33% 5.09% 4.86% 0.61% 0.77% 3.09%
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%

Best Monthly Return Since Inception

5.43% (January 2023)

Worst Monthly Return Since Inception

-7.37% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 15.50% -2.14% 6.63%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking - - - - - - - 4 2 3
Category Rank - - - - - - - 402/ 408 182/ 431 306/ 442

Best Calendar Return (Last 10 years)

15.50% (2021)

Worst Calendar Return (Last 10 years)

-2.14% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 60.78
US Equity 23.41
Income Trust Units 11.70
International Equity 4.11

Sector Allocation

Sector Allocation
Name Percent
Energy 23.32
Financial Services 18.88
Industrial Goods 14.58
Healthcare 9.18
Industrial Services 6.35
Other 27.69

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.87
Latin America 8.02
Europe 4.11

Top Holdings

Top Holdings
Name Percent
Brookfield Infrastructure Partners LP - Units 5.64
Canadian Imperial Bank of Commerce 4.51
Bird Construction Inc 4.30
Enbridge Inc 3.99
Power Corp of Canada 3.59
Royal Bank of Canada 3.40
Canadian Natural Resources Ltd 3.39
Bank of Nova Scotia 3.20
Lockheed Martin Corp 3.06
Mullen Group Ltd 3.03

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

AlphaDelta Canadian Dividend Income Class Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 11.33% - -
Beta 0.80% - -
Alpha -0.01% - -
Rsquared 0.88% - -
Sharpe 0.32% - -
Sortino 0.41% - -
Treynor 0.05% - -
Tax Efficiency - - -
Volatility Volatility rating is 6 on a scale of 1 to 10 - -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.18% 11.33% - -
Beta 0.77% 0.80% - -
Alpha -0.02% -0.01% - -
Rsquared 0.93% 0.88% - -
Sharpe 0.37% 0.32% - -
Sortino 0.90% 0.41% - -
Treynor 0.05% 0.05% - -
Tax Efficiency 79.05% - - -

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 December 30, 2020
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $11

Fund Codes

FundServ Code Load Code Sales Status
QWE441

Investment Objectives

The fundamental investment objective of the Fund is to provide income and longer-term capital appreciation by investing primarily in dividend paying equity securities of Canadian and foreign companies. Any change in the fundamental investment objective of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s shareholders called for that purpose. However, the investment strategies described below may be changed by the Manager in its discretion.

Investment Strategy

The Fund will invest primarily in Canadian and foreign, dividend-paying, equity securities (including securities of unit trusts, real estate investment trusts and depository receipts) and their derivatives. Objectives of the Fund include the generation of: a steady, above benchmark annual distribution yield; a growing stream of income over time; and long-term capital appreciation.

Portfolio Manager(s)

Name Start Date
Dr. John J. Schmitz 02-21-2020
Iris Asset Management Ltd. 08-12-2022

Management and Organization

Fund Manager Qwest Investment Fund Management Ltd.
Advisor Qwest Investment Fund Management Ltd.
Custodian RBC Investor Services Trust
Registrar SGGG Fund Services Inc.
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 2.86%
Management Fee 1.70%
Load Front Fee Only
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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