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Alternative Credit Focus
NAVPS (07-25-2024) |
$10.38 |
---|---|
Change |
$0.00
(0.04%)
|
As at June 30, 2024
As at April 30, 2024
Inception Return (September 25, 2023): 7.69%
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 | 0.81% | 1.73% | 5.85% | 5.85% | - | - | - | - | - | - | - | - | - | - |
Benchmark | 2.98% | 0.97% | -0.32% | -0.32% | 3.73% | 3.25% | -1.77% | -1.98% | -0.10% | 1.11% | 1.07% | 0.93% | 1.40% | 1.89% |
Category Average | 0.65% | 3.28% | 3.28% | 3.28% | 7.68% | 6.09% | 1.96% | 3.95% | 3.59% | - | - | - | - | - |
Category Rank | 38 / 127 | 36 / 118 | 9 / 118 | 9 / 118 | - | - | - | - | - | - | - | - | - | - |
Quartile Ranking | 2 | 2 | 1 | 1 | - | - | - | - | - | - | - | - | - | - |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | 0.03% | 0.80% | 0.90% | 1.32% | 1.48% | 1.20% | 0.62% | 0.29% | 0.81% |
Benchmark | -1.08% | -0.19% | -2.62% | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% |
1.48% (February 2024)
0.00% (September 2023)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | - | - | - | - | - | - | - |
Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
Category Average | - | - | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% |
Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
Category Rank | - | - | - | - | - | - | - | - | - | - |
-
-
Name | Percent |
---|---|
Foreign Corporate Bonds | 48.55 |
Canadian Corporate Bonds | 35.43 |
Canadian Equity | 8.60 |
Foreign Government Bonds | 5.09 |
Canadian Government Bonds | 2.18 |
Other | 0.15 |
Name | Percent |
---|---|
Fixed Income | 91.25 |
Cash and Cash Equivalent | 1.24 |
Technology | 0.13 |
Consumer Services | 0.04 |
Financial Services | 0.04 |
Other | 7.30 |
Name | Percent |
---|---|
North America | 100.01 |
Europe | 0.01 |
Other | -0.02 |
Name | Percent |
---|---|
Markit CDX North American High Yield Index 42 Swap 1.00% 20-Jun-2029 | 24.32 |
Greenfire Resources Ltd 12.00% 01-Oct-2028 | 19.10 |
NuVista Energy Ltd 7.87% 23-Jul-2026 | 18.76 |
Pembina Pipeline Corporation 4.821% Redeemable Class A Series 17 | 5.11 |
Royal Caribbean Cruises Ltd 9.25% 15-Jan-2029 | 4.64 |
Carnival Corp 4.00% 01-Aug-2028 | 4.58 |
Cineplex Inc 7.63% 31-Mar-2029 | 3.46 |
United States Treasury 4.00% 31-Jan-2029 | 3.32 |
Ferrellgas LP 5.88% 01-Apr-2029 | 2.83 |
Secure Energy Services Inc 6.75% 22-Mar-2029 | 2.47 |
Standard Deviation | - | - | - |
---|---|---|---|
Beta | - | - | - |
Alpha | - | - | - |
Rsquared | - | - | - |
Sharpe | - | - | - |
Sortino | - | - | - |
Treynor | - | - | - |
Tax Efficiency | - | - | - |
Volatility | - | - | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | - | - | - | - |
Beta | - | - | - | - |
Alpha | - | - | - | - |
Rsquared | - | - | - | - |
Sharpe | - | - | - | - |
Sortino | - | - | - | - |
Treynor | - | - | - | - |
Tax Efficiency | - | - | - | - |
Start Date | September 25, 2023 |
---|---|
Instrument Type | Mutual Fund (Alternative) |
Share Class | Commission Based Advice |
Legal Status | Trust |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | $1 |
FundServ Code | Load Code | Sales Status |
---|---|---|
DYN3136 |
The Fund seeks to generate absolute returns over a complete market cycle through long and short positions in primarily corporate debt securities. The Fund will use alternative investment strategies including the use of leverage.
To achieve the Fund’s investment objectives, the Fund will follow a comprehensive top-down and bottom-up investment process focused on the risk-reward relationship of individual credit investments inside a diversified portfolio
Name | Start Date |
---|---|
Roger Rouleau | 10-13-2023 |
Marc-André Gaudreau | 10-13-2023 |
Jeremy Lucas | 10-13-2023 |
Fund Manager | 1832 Asset Management L.P. |
---|---|
Advisor | 1832 Asset Management L.P. |
Custodian | - |
Registrar | 1832 Asset Management L.P. |
Distributor | - |
Auditor | KPMG LLP |
RSP Eligible | Yes |
---|---|
PAC Allowed | No |
PAC Initial Investment | - |
PAC Subsequent | - |
SWP Allowed | No |
SWP Min Balance | - |
SWP Min Withdrawal | - |
MER | - |
---|---|
Management Fee | 1.80% |
Load | No Load |
FE Max | - |
DSC Max | - |
Trailer Fee Max (FE) | - |
Trailer Fee Max (DSC) | - |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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