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Alternative Multi-Stratgy
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2022
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|
NAVPS (11-19-2024) |
$16.50 |
|---|---|
| Change |
$0.02
(0.14%)
|
As at October 31, 2024
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Inception Return (April 24, 2019): 7.18%
| 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 | 0.72% | -0.44% | 3.42% | 7.82% | 11.88% | 7.60% | 4.19% | 7.92% | 8.21% | - | - | - | - | - |
| Benchmark | 0.85% | 5.30% | 12.95% | 18.24% | 32.06% | 15.16% | 8.05% | 15.02% | 11.33% | 11.65% | 9.36% | 9.62% | 9.96% | 8.41% |
| Category Average | -1.34% | -0.17% | 1.99% | 4.54% | 8.71% | 5.17% | 1.39% | 3.81% | 3.05% | - | - | - | - | - |
| Category Rank | 17 / 102 | 57 / 94 | 48 / 93 | 38 / 88 | 38 / 87 | 37 / 69 | 18 / 56 | 8 / 45 | 8 / 40 | - | - | - | - | - |
| Quartile Ranking | 1 | 3 | 3 | 2 | 2 | 3 | 2 | 1 | 1 | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.69% | 3.06% | 0.95% | 1.50% | 1.27% | 0.47% | -0.15% | 2.11% | 1.89% | -1.86% | 0.72% | 0.72% |
| Benchmark | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% |
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 | 21/ 58 | 31/ 77 |
16.52% (2020)
1.04% (2022)
| Name | Percent |
|---|---|
| Cash and Equivalents | 43.19 |
| Canadian Equity | 22.46 |
| Canadian Corporate Bonds | 21.81 |
| Foreign Corporate Bonds | 7.40 |
| US Equity | 3.60 |
| Other | 1.54 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 43.19 |
| Fixed Income | 28.44 |
| Technology | 6.36 |
| Financial Services | 5.63 |
| Industrial Services | 5.60 |
| Other | 10.78 |
| Name | Percent |
|---|---|
| North America | 97.14 |
| Asia | 1.88 |
| Africa and Middle East | 0.76 |
| Latin America | 0.55 |
| Europe | -0.31 |
| Other | -0.02 |
Forge First Conservative Alternative Fund Series A
Median
Other - Alternative Multi-Stratgy
| Standard Deviation | 3.63% | 5.94% | - |
|---|---|---|---|
| Beta | 0.06% | 0.24% | - |
| Alpha | 0.04% | 0.05% | - |
| Rsquared | 0.05% | 0.41% | - |
| Sharpe | 0.20% | 0.98% | - |
| Sortino | 0.52% | 1.39% | - |
| Treynor | 0.12% | 0.24% | - |
| Tax Efficiency | 98.54% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.25% | 3.63% | 5.94% | - |
| Beta | 0.07% | 0.06% | 0.24% | - |
| Alpha | 0.09% | 0.04% | 0.05% | - |
| Rsquared | 0.03% | 0.05% | 0.41% | - |
| Sharpe | 1.58% | 0.20% | 0.98% | - |
| Sortino | 3.89% | 0.52% | 1.39% | - |
| Treynor | 0.93% | 0.12% | 0.24% | - |
| Tax Efficiency | 98.75% | 98.54% | - | - |
| 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) | $42 |
| 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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