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Alternative Multi-Stratgy
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NAVPS (12-12-2024) |
$16.68 |
---|---|
Change |
-$0.03
(-0.19%)
|
As at November 30, 2024
Inception Return (April 24, 2019): 7.50%
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 | 2.25% | 3.74% | 5.91% | 10.25% | 13.62% | 7.76% | 5.27% | 7.16% | 8.48% | - | - | - | - | - |
Benchmark | 6.37% | 10.66% | 16.91% | 25.77% | 30.69% | 15.61% | 10.90% | 13.91% | 11.92% | 12.54% | 10.25% | 10.17% | 10.75% | 8.96% |
Category Average | 1.55% | 1.61% | 2.35% | 6.15% | 8.34% | 4.94% | 2.11% | 3.55% | 3.29% | - | - | - | - | - |
Category Rank | 27 / 98 | 19 / 98 | 35 / 90 | 32 / 84 | 22 / 83 | 30 / 75 | 15 / 56 | 9 / 45 | 8 / 40 | - | - | - | - | - |
Quartile Ranking | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | - | - | - | - | - |
Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 3.06% | 0.95% | 1.50% | 1.27% | 0.47% | -0.15% | 2.11% | 1.89% | -1.86% | 0.72% | 0.72% | 2.25% |
Benchmark | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% | 6.37% |
5.33% (April 2020)
-6.84% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | - | - | - | 16.52% | 8.10% | 1.04% | 5.69% |
Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
Category Average | - | - | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% |
Quartile Ranking | - | - | - | - | - | - | 1 | 3 | 2 | 2 |
Category Rank | - | - | - | - | - | - | 9/ 40 | 30/ 49 | 19/ 56 | 31/ 75 |
16.52% (2020)
1.04% (2022)
Name | Percent |
---|---|
Cash and Equivalents | 43.14 |
Canadian Equity | 21.90 |
Canadian Corporate Bonds | 21.88 |
Foreign Corporate Bonds | 6.92 |
US Equity | 4.08 |
Other | 2.08 |
Name | Percent |
---|---|
Cash and Cash Equivalent | 43.14 |
Fixed Income | 26.97 |
Technology | 9.09 |
Industrial Services | 5.84 |
Financial Services | 5.42 |
Other | 9.54 |
Name | Percent |
---|---|
North America | 96.43 |
Asia | 1.92 |
Latin America | 1.52 |
Africa and Middle East | 0.72 |
Europe | -0.54 |
Other | -0.05 |
Forge First Conservative Alternative Fund Series A
Median
Other - Alternative Multi-Stratgy
Standard Deviation | 3.71% | 5.98% | - |
---|---|---|---|
Beta | 0.07% | 0.24% | - |
Alpha | 0.04% | 0.05% | - |
Rsquared | 0.07% | 0.41% | - |
Sharpe | 0.45% | 1.01% | - |
Sortino | 1.02% | 1.46% | - |
Treynor | 0.24% | 0.25% | - |
Tax Efficiency | 98.84% | - | - |
Volatility | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 4.43% | 3.71% | 5.98% | - |
Beta | 0.17% | 0.07% | 0.24% | - |
Alpha | 0.08% | 0.04% | 0.05% | - |
Rsquared | 0.12% | 0.07% | 0.41% | - |
Sharpe | 1.90% | 0.45% | 1.01% | - |
Sortino | 4.62% | 1.02% | 1.46% | - |
Treynor | 0.49% | 0.24% | 0.25% | - |
Tax Efficiency | 98.92% | 98.84% | - | - |
Start Date | April 24, 2019 |
---|---|
Instrument Type | Mutual Fund (Alternative) |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Annual |
Assets ($mil) | $44 |
FundServ Code | Load Code | Sales Status |
---|---|---|
FOR200 |
The investment objective of the Fund is to generate consistent risk-adjusted net returns over the long term with low correlation to North American equity and credit markets.
To achieve its investment objective, the Fund utilizes equity and fixed-income security selection, an active shorting strategy, capital structure arbitrage, convertible arbitrage, merger arbitrage, fixed-income investing, preferred equity investing, pairs trading, arbitrage trading, thematic trading, and the use of derivatives for leverage and/or borrowing for investment purposes.
Name | Start Date |
---|---|
Keenan Murray | 08-08-2024 |
Fund Manager | Forge First Asset Management Inc. |
---|---|
Advisor | Forge First Asset Management Inc. |
Custodian | BMO Nesbitt Burns Inc |
Registrar | Pinnacle Fund Services Ltd. |
Distributor | - |
Auditor | Deloitte LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 500 |
PAC Subsequent | 100 |
SWP Allowed | Yes |
SWP Min Balance | 1,000 |
SWP Min Withdrawal | 0 |
MER | 2.43% |
---|---|
Management Fee | 2.00% |
Load | Back 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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