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Real Estate Equity
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|
NAVPS (11-19-2024) |
$8.00 |
|---|---|
| Change |
-$0.01
(-0.08%)
|
As at October 31, 2024
As at July 31, 2024
As at July 31, 2024
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Inception Return (October 02, 2018): 2.35%
| 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 | -3.48% | 2.64% | 14.50% | 9.72% | 20.35% | 4.90% | -3.18% | 3.11% | 0.39% | 2.84% | - | - | - | - |
| Benchmark | -1.89% | 4.94% | 16.82% | 11.07% | 30.05% | 12.04% | 2.18% | 9.85% | 2.21% | 5.00% | 4.78% | 4.36% | 4.36% | 5.92% |
| Category Average | -3.74% | 3.43% | 14.66% | 8.97% | 25.60% | 9.09% | -1.22% | 6.18% | 1.49% | 4.38% | 3.99% | 4.07% | 3.85% | 4.70% |
| Category Rank | 97 / 145 | 128 / 144 | 86 / 142 | 66 / 142 | 141 / 142 | 136 / 137 | 114 / 127 | 125 / 127 | 103 / 119 | 103 / 111 | - | - | - | - |
| Quartile Ranking | 3 | 4 | 3 | 2 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.61% | 3.87% | -1.67% | 1.86% | 0.84% | -5.13% | 2.62% | 1.10% | 7.52% | 2.80% | 3.45% | -3.48% |
| Benchmark | 8.53% | 7.88% | -3.79% | 1.17% | 2.80% | -4.98% | 2.73% | 1.36% | 6.91% | 3.93% | 2.91% | -1.89% |
8.30% (January 2023)
-16.09% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 19.55% | -6.16% | 28.24% | -23.19% | 0.02% |
| Benchmark | 30.89% | 21.00% | 1.59% | 1.40% | 2.74% | 15.42% | -11.04% | 30.68% | -19.44% | 10.39% |
| Category Average | 20.48% | 11.96% | 1.20% | 5.38% | 0.16% | 19.52% | -6.93% | 27.77% | -21.53% | 6.48% |
| Quartile Ranking | - | - | - | - | - | 3 | 2 | 3 | 3 | 4 |
| Category Rank | - | - | - | - | - | 66/ 111 | 60/ 121 | 68/ 127 | 91/ 127 | 136/ 137 |
28.24% (2021)
-23.19% (2022)
| Name | Percent |
|---|---|
| US Equity | 42.50 |
| Income Trust Units | 37.14 |
| Cash and Equivalents | 5.23 |
| Canadian Equity | 2.47 |
| Other | 12.66 |
| Name | Percent |
|---|---|
| Real Estate | 76.65 |
| Mutual Fund | 12.66 |
| Healthcare | 5.46 |
| Cash and Cash Equivalent | 5.23 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Starlight Private Global Real Estate Pool Series A | 12.66 |
| Cash and Cash Equivalents | 5.23 |
| Granite REIT - Units | 4.53 |
| Dream Industrial REIT - Units | 4.36 |
| SBA Communications Corp Cl A | 4.19 |
| VICI Properties Inc | 4.19 |
| Canadian Apartment Properties REIT - Units | 4.03 |
| Prologis Inc | 4.02 |
| InterRent REIT - Units | 3.97 |
| Minto Apartment REIT - Units | 3.91 |
Starlight Global Real Estate Fund Series A
Median
Other - Real Estate Equity
| Standard Deviation | 15.77% | 15.98% | - |
|---|---|---|---|
| Beta | 0.90% | 0.86% | - |
| Alpha | -0.05% | -0.02% | - |
| Rsquared | 0.91% | 0.87% | - |
| Sharpe | -0.35% | -0.04% | - |
| Sortino | -0.43% | -0.11% | - |
| Treynor | -0.06% | -0.01% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 12.57% | 15.77% | 15.98% | - |
| Beta | 0.78% | 0.90% | 0.86% | - |
| Alpha | -0.02% | -0.05% | -0.02% | - |
| Rsquared | 0.85% | 0.91% | 0.87% | - |
| Sharpe | 1.17% | -0.35% | -0.04% | - |
| Sortino | 2.40% | -0.43% | -0.11% | - |
| Treynor | 0.19% | -0.06% | -0.01% | - |
| Tax Efficiency | 82.06% | - | - | - |
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 02, 2018 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $18 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| SLC101 |
The Fund’s investment objective is to provide regular current income by investing globally primarily in real estate investment trust (REITs) and equity securities of corporations participating in the residential and commercial real estate sector. We will not make a change to the Fund’s fundamental investment objective without first convening a meeting of the Fund’s Unitholders for that purpose. No change will be made unless approved by a majority of the votes cast at that meeting.
Techniques such as fundamental analysis may be used to assess growth and value potential, with attention paid to both upside potential and downside risk. This means evaluating the financial condition and management of each company, its industry and the overall economy. As part of this evaluation, the Portfolio Manager may: • analyze financial data and other information sources; • assess the quality of management; and • conduct company interviews, where possible.
| Name | Start Date |
|---|---|
| Dennis Mitchell | 10-02-2018 |
| Fund Manager | Starlight Investments Capital LP |
|---|---|
| Advisor | Starlight Investments Capital LP |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | RBC Investor Services Trust (Canada) |
| Distributor | - |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.39% |
|---|---|
| Management Fee | 1.90% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 5.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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