Join Fund Library now and get free access to personalized features to help you manage your investments.

Starlight Global Real Estate Fund Series A

Real Estate Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(11-07-2024)
$7.98
Change
$0.05 (0.59%)

As at September 30, 2024

As at June 30, 2024

As at July 31, 2024

Period
Loading...

Legend

Starlight Global Real Estate Fund Series A

Compare Options


Fund Returns

Inception Return (October 02, 2018): 2.99%

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 3.45% 14.34% 12.55% 13.67% 19.78% 7.27% -0.52% 3.46% 1.44% - - - - -
Benchmark 2.91% 14.35% 13.15% 13.22% 29.82% 14.92% 4.08% 9.45% 2.92% 5.00% 5.45% 4.11% 5.03% 6.95%
Category Average 3.47% 15.27% 12.31% 13.20% 26.19% 11.77% 1.44% 6.38% 2.60% 4.58% 4.94% 4.13% 4.67% 5.71%
Category Rank 59 / 149 66 / 147 63 / 146 67 / 146 145 / 146 140 / 141 124 / 131 129 / 131 103 / 123 - - - - -
Quartile Ranking 2 2 2 2 4 4 4 4 4 - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -3.94% 5.61% 3.87% -1.67% 1.86% 0.84% -5.13% 2.62% 1.10% 7.52% 2.80% 3.45%
Benchmark -2.07% 8.53% 7.88% -3.79% 1.17% 2.80% -4.98% 2.73% 1.36% 6.91% 3.93% 2.91%

Best Monthly Return Since Inception

8.30% (January 2023)

Worst Monthly Return Since Inception

-16.09% (March 2020)

Calendar Return (%)

Calendar Return
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 3 3 3 4
Category Rank - - - - - 66/ 114 64/ 125 72/ 131 91/ 131 140/ 141

Best Calendar Return (Last 10 years)

28.24% (2021)

Worst Calendar Return (Last 10 years)

-23.19% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 44.89
Income Trust Units 36.46
Cash and Equivalents 4.40
Canadian Equity 0.98
Other 13.27

Sector Allocation

Sector Allocation
Name Percent
Real Estate 78.33
Mutual Fund 13.27
Cash and Cash Equivalent 4.40
Healthcare 4.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Starlight Private Global Real Estate Pool Series A 13.27
Dream Industrial REIT - Units 5.17
Prologis Inc 4.72
Cash and Cash Equivalents 4.40
Kimco Realty Corp 4.25
American Tower Corp 4.17
VICI Properties Inc 4.10
Canadian Apartment Properties REIT - Units 4.02
InterRent REIT - Units 4.00
Minto Apartment REIT - Units 3.93

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)

Starlight Global Real Estate Fund Series A

Median

Other - Real Estate Equity

3 Yr Annualized

Standard Deviation 15.89% 15.91% -
Beta 0.91% 0.85% -
Alpha -0.04% -0.01% -
Rsquared 0.91% 0.87% -
Sharpe -0.17% 0.03% -
Sortino -0.20% -0.02% -
Treynor -0.03% 0.01% -
Tax Efficiency - - -
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 -

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.78% 15.89% 15.91% -
Beta 0.78% 0.91% 0.85% -
Alpha -0.03% -0.04% -0.01% -
Rsquared 0.84% 0.91% 0.87% -
Sharpe 1.11% -0.17% 0.03% -
Sortino 2.25% -0.20% -0.02% -
Treynor 0.18% -0.03% 0.01% -
Tax Efficiency 82.02% - - -

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 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

Fund Codes

FundServ Code Load Code Sales Status
SLC101

Investment Objectives

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.

Investment Strategy

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.

Portfolio Manager(s)

Name Start Date
Dennis Mitchell 10-02-2018

Management and Organization

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

Investment Minimums

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

Fees

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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.