Fund Detail - Fund Library

NAVPS (12-04-2025)	$28.46
Change	$1.41 (5.19%)

Growth of $10,000 (As at 10-31-2025)
NAVPS

Period

Legend

Portland Replacement of Fossil Fuels Alternative Fund Series A

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Fund Returns

Inception Return (April 28, 2023): 60.97%

Fund Returns
Row Heading	Return				Annualized Return
Row Heading	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	18.60%	35.64%	147.79%	141.77%	130.08%	83.89%	-	-	-	-	-	-	-	-
Benchmark	0.97%	11.70%	23.39%	25.13%	28.75%	30.39%	19.52%	12.89%	17.64%	14.06%	13.94%	11.61%	11.60%	11.71%
Category Average	1.50%	5.86%	16.30%	14.19%	15.34%	19.51%	11.63%	7.98%	11.08%	9.05%	-	-	-	-
Category Rank	3 / 247	6 / 234	4 / 223	2 / 203	2 / 190	2 / 144	-	-	-	-	-	-	-	-
Quartile Ranking	1	1	1	1	1	1	-	-	-	-	-	-	-	-

Monthly Return

Monthly Return
Return %	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct
Fund	9.34%	-12.96%	16.92%	-9.18%	-13.29%	5.96%	37.09%	20.29%	10.78%	-4.71%	20.01%	18.60%
Benchmark	6.37%	-3.27%	3.48%	-0.40%	-1.51%	-0.10%	5.56%	2.91%	1.69%	4.96%	5.40%	0.97%

Best Monthly Return Since Inception

37.09% (May 2025)

Worst Monthly Return Since Inception

-13.29% (March 2025)

Calendar Return (%)

Calendar Return
Return %	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Fund	-	-	-	-	-	-	-	-	-	34.05%
Benchmark	-8.32%	21.08%	9.10%	-8.89%	22.88%	5.60%	25.09%	-5.84%	11.75%	21.65%
Category Average	-	-	-	-	-	5.11%	17.27%	-5.96%	6.54%	16.58%
Quartile Ranking	-	-	-	-	-	-	-	-	-	1
Category Rank	-	-	-	-	-	-	-	-	-	18/ 148

Best Calendar Return (Last 10 years)

34.05% (2024)

Worst Calendar Return (Last 10 years)

34.05% (2024)

Asset Allocation

Asset Allocation
Name	Percent
US Equity	56.47
International Equity	21.78
Canadian Equity	8.85
Foreign Government Bonds	6.34
Cash and Equivalents	5.16
Other	1.40

Sector Allocation

Sector Allocation
Name	Percent
Basic Materials	24.78
Utilities	24.10
Industrial Goods	19.61
Energy	9.74
Fixed Income	6.34
Other	15.43

Geographic Allocation

Geographic Allocation
Name	Percent
North America	78.16
Asia	16.19
Europe	5.68

Top Holdings

Top Holdings
Name	Percent
Centrus Energy Corp Cl A	14.92
AltC Acquisition Corp Cl A	11.98
SPDR Bloomberg 1-3 Month T-Bill ETF (BIL)	9.36
Cameco Corp	8.85
Bloom Energy Corp Cl A	8.59
Silex Systems Ltd	8.50
Nuscale Power Corp Cl A	7.29
Doosan Heavy Inds Construction Co Ltd	5.62
BWX Technologies Inc	5.40
Constellation Energy Corp	4.63

Equity Style

Fixed Income Style

Risk vs Return (3 Yr)

No data available

3 Yr Annualized

Standard Deviation	-	-	-
Beta	-	-	-
Alpha	-	-	-
Rsquared	-	-	-
Sharpe	-	-	-
Sortino	-	-	-
Treynor	-	-	-
Tax Efficiency	-	-	-
Volatility	-	-	-

Risk Rating

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio	1 Yr	3 Yr	5 Yr	10 Yr
Standard Deviation	54.23%	-	-	-
Beta	3.35%	-	-	-
Alpha	0.12%	-	-	-
Rsquared	0.44%	-	-	-
Sharpe	1.77%	-	-	-
Sortino	4.42%	-	-	-
Treynor	0.29%	-	-	-
Tax Efficiency	100.00%	-	-	-

No data available

Fund Details

Start Date	April 28, 2023
Instrument Type	Mutual Fund (Alternative, Responsible Investment)
Share Class	Commission Based Advice
Legal Status	Trust
Sales Status	Open
Currency	CAD
Distribution Frequency	Annual
Assets ($mil)	$39

Fund Codes

FundServ Code	Load Code	Sales Status
PTL220
PTL225
PTL230

Investment Objectives

The Fund objective is to provide positive long-term total returns by investing primarily in a portfolio of securities focused on businesses active in industries which will drive the transition from traditional energy (primarily based in fossil fuels) to sustainable energy sources, which will include the area of nuclear energy.

Investment Strategy

The Fund’s investments currently focus on the area of nuclear energy. To meet its investment objectives the Manager will seek to invest in businesses that are active in industries that drive the transition from traditional to sustainable energy sources.

Portfolio Management

Portfolio Manager	Portland Investment Counsel Inc. Michael Lee-Chin Dragos Berbecel
Sub-Advisor	-

Management and Organization

Fund Manager	Portland Investment Counsel Inc.
Custodian	-
Registrar	-
Distributor	-

Investment Minimums

RSP Eligible	Yes
PAC Allowed	Yes
PAC Initial Investment	50
PAC Subsequent	50
SWP Allowed	Yes
SWP Min Balance	5,000
SWP Min Withdrawal	50

Fees

MER	8.52%
Management Fee	1.75%
Load	Back Fee Only
FE Max	6.00%
DSC Max	-
Trailer Fee Max (FE)	1.00%
Trailer Fee Max (DSC)	-
Trailer Fee Max (NL)	-
Trailer Fee Max (LL)	-

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