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Alternative Market Neutrl
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|
NAVPS (11-19-2024) |
$10.52 |
|---|---|
| Change |
$0.02
(0.21%)
|
As at October 31, 2024
As at October 31, 2024
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Inception Return (July 13, 2020): 1.10%
| 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 | 0.48% | 0.33% | 1.42% | 3.82% | 4.51% | 3.17% | 1.24% | 1.23% | - | - | - | - | - | - |
| 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 | 1.20% | 2.07% | 4.22% | 8.11% | 9.19% | 6.74% | 3.56% | 1.81% | 0.07% | - | - | - | - | - |
| Category Rank | 25 / 34 | 28 / 34 | 25 / 28 | 23 / 27 | 22 / 27 | 25 / 27 | 27 / 27 | 21 / 23 | - | - | - | - | - | - |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.18% | 0.49% | 0.72% | 0.50% | 0.82% | 0.30% | 0.75% | -0.08% | 0.42% | -0.05% | -0.11% | 0.48% |
| 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% |
1.04% (December 2020)
-0.65% (January 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | -0.96% | -0.91% | 1.83% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | -3.57% | -6.24% | -1.79% | 4.02% |
| Quartile Ranking | - | - | - | - | - | - | - | 4 | 3 | 4 |
| Category Rank | - | - | - | - | - | - | - | 18/ 23 | 20/ 27 | 26/ 27 |
1.83% (2023)
-0.96% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 85.19 |
| Canadian Corporate Bonds | 9.89 |
| Canadian Government Bonds | 4.45 |
| Income Trust Units | 0.92 |
| Commodities | 0.38 |
| Other | -0.83 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 85.19 |
| Fixed Income | 14.12 |
| Technology | 1.61 |
| Real Estate | 1.28 |
| Industrial Services | 1.27 |
| Other | -3.47 |
| Name | Percent |
|---|---|
| North America | 99.65 |
| Multi-National | 0.38 |
| Latin America | 0.37 |
| Africa and Middle East | 0.02 |
| Europe | -0.06 |
| Other | -0.36 |
| Name | Percent |
|---|---|
| Desjardins Alt Long/Short Equity Mkt Ne ETF (DANC) | 99.36 |
| Cash and Cash Equivalents | 0.64 |
Desjardins Alt Long/Short Equity Market Neutral ETF Fund A
Median
Other - Alternative Market Neutrl
| Standard Deviation | 1.38% | - | - |
|---|---|---|---|
| Beta | 0.00% | - | - |
| Alpha | 0.01% | - | - |
| Rsquared | 0.00% | - | - |
| Sharpe | -1.60% | - | - |
| Sortino | -1.37% | - | - |
| Treynor | 1,106.40% | - | - |
| Tax Efficiency | 100.00% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.12% | 1.38% | - | - |
| Beta | 0.02% | 0.00% | - | - |
| Alpha | 0.04% | 0.01% | - | - |
| Rsquared | 0.02% | 0.00% | - | - |
| Sharpe | -0.18% | -1.60% | - | - |
| Sortino | 2.50% | -1.37% | - | - |
| Treynor | -0.11% | 1,106.40% | - | - |
| Tax Efficiency | 100.00% | 100.00% | - | - |
| Start Date | July 13, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $23 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DJT00178 |
The objective of this Fund is to replicate the return of the Desjardins Alt Long/Short Equity Market Neutral ETF (the “Desjardins Alternative ETF”) by investing its assets primarily, directly or indirectly, in the units of the Desjardins Alternative ETF. The Desjardins Alternative ETF seeks to achieve positive returns in both positive or negative equity market conditions.
In order to achieve its investment objectives, the Fund intends to invest its assets, directly or indirectly, in units of the Desjardins Alternative ETF. The investment strategies described below are those of the Desjardins Alternative ETF. The Desjardins Alternative ETF’s investments strategy has been designed to limit the volatility of returns and to provide a low correlation to traditional asset classes.
| Name | Start Date |
|---|---|
| Desjardins Global Asset Management Inc. | 12-08-2020 |
| Fund Manager | Desjardins Investments Inc. |
|---|---|
| Advisor | Desjardins Global Asset Management Inc. |
| Custodian | Desjardins Trust Inc. |
| Registrar | Desjardins Investments Inc. |
| Distributor | Desjardins Investments Inc. |
| Auditor | PricewaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 100 |
| SWP Min Withdrawal | 1,000 |
| MER | 2.32% |
|---|---|
| Management Fee | 1.85% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.00% |
| Trailer Fee Max (LL) | - |
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