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Dynamic Dividend Advantage Fund Series A

Canadian Div & Inc Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-16-2024)
$12.29
Change
$0.03 (0.26%)

As at April 30, 2024

As at February 29, 2024

As at February 29, 2024

Period
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Legend

Dynamic Dividend Advantage Fund Series A

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Fund Returns

Inception Return (April 07, 1993): 8.04%

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 -2.73% 0.99% 14.31% 1.43% 1.81% 3.29% 6.33% 13.63% 8.15% 7.87% 5.89% 6.75% 5.31% 5.33%
Benchmark -1.82% 4.10% 16.91% 4.68% 8.73% 5.66% 7.59% 13.51% 8.86% 8.98% 8.12% 8.95% 7.25% 7.22%
Category Average -2.45% 13.81% 13.81% 2.76% 4.34% 2.34% 6.15% 11.60% 6.62% 6.96% 6.02% 7.02% 5.79% 5.72%
Category Rank 335 / 457 393 / 454 198 / 449 386 / 449 395 / 444 191 / 433 238 / 407 110 / 392 98 / 384 138 / 356 214 / 337 230 / 313 193 / 264 184 / 252
Quartile Ranking 3 4 2 4 4 2 3 2 2 2 3 3 3 3

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -4.14% 2.96% 1.82% -3.12% -3.91% -4.79% 7.64% 4.70% 0.44% 1.74% 2.05% -2.73%
Benchmark -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82%

Best Monthly Return Since Inception

12.82% (November 2020)

Worst Monthly Return Since Inception

-15.43% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 10.11% -5.09% 14.04% 1.61% -9.90% 18.86% -0.25% 30.18% -1.03% 7.51%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 8.23% -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17%
Quartile Ranking 2 3 3 4 4 2 2 1 1 3
Category Rank 115/ 240 157/ 263 215/ 299 315/ 330 295/ 355 173/ 377 165/ 392 90/ 404 103/ 427 230/ 438

Best Calendar Return (Last 10 years)

30.18% (2021)

Worst Calendar Return (Last 10 years)

-9.90% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 79.56
US Equity 8.75
International Equity 7.21
Cash and Equivalents 2.38
Income Trust Units 2.10

Sector Allocation

Sector Allocation
Name Percent
Financial Services 26.89
Energy 13.98
Basic Materials 12.99
Industrial Services 11.06
Telecommunications 9.29
Other 25.79

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.79
Europe 7.21

Top Holdings

Top Holdings
Name Percent
Enerflex Ltd 5.92
Northland Power Inc 5.15
Toronto-Dominion Bank 4.90
Royal Bank of Canada 4.68
Enbridge Inc 4.44
Rogers Communications Inc Cl B 4.27
Power Corp of Canada 3.85
TC Energy Corp 3.62
Eurofins Scientific SE 3.50
Bank of Montreal 3.25

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)

Dynamic Dividend Advantage Fund Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 12.57% 14.91% 11.95%
Beta 0.90% 0.90% 0.88%
Alpha 0.00% 0.00% -0.01%
Rsquared 0.92% 0.89% 0.87%
Sharpe 0.33% 0.47% 0.38%
Sortino 0.49% 0.60% 0.36%
Treynor 0.05% 0.08% 0.05%
Tax Efficiency 53.91% 63.55% 40.75%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.70% 12.57% 14.91% 11.95%
Beta 1.03% 0.90% 0.90% 0.88%
Alpha -0.07% 0.00% 0.00% -0.01%
Rsquared 0.94% 0.92% 0.89% 0.87%
Sharpe -0.16% 0.33% 0.47% 0.38%
Sortino -0.04% 0.49% 0.60% 0.36%
Treynor -0.02% 0.05% 0.08% 0.05%
Tax Efficiency - 53.91% 63.55% 40.75%

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 April 07, 1993
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $569

Fund Codes

FundServ Code Load Code Sales Status
DYN054
DYN056
DYN3354
DYN3454
DYN3554
DYN434
DYN554
DYN654
DYN7073

Investment Objectives

Dynamic Dividend Advantage Fund seeks to provide income and long-term capital growth by investing primarily in equity securities of Canadian businesses that pay a dividend or distribution. Before a fundamental change is made to the investment objective of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders

Investment Strategy

The Fund invests primarily in Canadian dividend paying equity securities and, to a lesser extent, in other securities (including fixed income securities) deemed desirable for dividend income, growth or capital preservation. Investment analysis for this Fund follows a bottom-up approach, which emphasizes careful company specific analysis.

Portfolio Manager(s)

Name Start Date
Rory Ronan 04-17-2018
Eric Mencke 04-17-2018
Don Simpson 04-17-2018

Management and Organization

Fund Manager 1832 Asset Management L.P.
Advisor 1832 Asset Management L.P.
Custodian State Street Trust Company Canada
Registrar 1832 Asset Management L.P.
Distributor 1832 Asset Management L.P.
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.58%
Management Fee 1.25%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 6.00%
Trailer Fee Max (FE) 0.60%
Trailer Fee Max (DSC) 0.25%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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