Join Fund Library now and get free access to personalized features to help you manage your investments.
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (10-11-2024) |
$25.21 |
|---|---|
| Change |
$0.18
(0.71%)
|
As at September 30, 2024
As at September 30, 2024
Loading...
Inception Return (March 18, 2008): 8.41%
| 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 | 2.20% | 3.42% | 2.60% | 6.37% | 6.04% | 1.05% | 2.21% | 9.08% | 9.45% | 7.87% | 8.12% | 7.13% | 6.53% | 6.51% |
| Benchmark | 3.15% | 10.54% | 9.96% | 17.24% | 26.74% | 17.83% | 9.52% | 13.87% | 10.95% | 10.29% | 9.65% | 9.59% | 10.09% | 8.09% |
| Category Average | 1.73% | 6.01% | 6.01% | 14.81% | 20.48% | 11.52% | 5.93% | 9.59% | 7.73% | - | - | - | - | - |
| Category Rank | 85 / 211 | 102 / 207 | 131 / 192 | 119 / 168 | 119 / 164 | 121 / 144 | 102 / 125 | 38 / 84 | 23 / 64 | 8 / 37 | 6 / 22 | 10 / 21 | 10 / 19 | 7 / 13 |
| Quartile Ranking | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 1 | 2 | 2 | 3 | 3 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.23% | 0.09% | -0.63% | 1.65% | 0.00% | 1.99% | 0.31% | 0.25% | -1.35% | 1.46% | -0.26% | 2.20% |
| Benchmark | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% |
8.24% (November 2020)
-8.40% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.32% | 6.04% | -0.52% | 6.07% | -6.52% | 15.40% | 24.22% | 17.24% | 1.49% | -3.00% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% |
| Quartile Ranking | - | 2 | 4 | 3 | 3 | 1 | 1 | 2 | 1 | 4 |
| Category Rank | - | 5/ 13 | 16/ 21 | 15/ 22 | 13/ 22 | 7/ 48 | 16/ 66 | 50/ 101 | 24/ 126 | 131/ 153 |
24.22% (2020)
-6.52% (2018)
| Name | Percent |
|---|---|
| Canadian Equity | 44.63 |
| Cash and Equivalents | 44.25 |
| US Equity | 6.60 |
| Income Trust Units | 3.72 |
| International Equity | 2.52 |
| Other | -1.72 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 44.25 |
| Utilities | 12.96 |
| Energy | 12.58 |
| Basic Materials | 8.11 |
| Healthcare | 6.68 |
| Other | 15.42 |
| Name | Percent |
|---|---|
| North America | 94.60 |
| Latin America | 2.61 |
| Europe | 1.35 |
| Asia | 1.14 |
| Africa and Middle East | -0.11 |
| Other | 0.41 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 43.98 |
| TransAlta Corp | 3.65 |
| Secure Energy Services Inc | 3.57 |
| Capital Power Corp | 3.52 |
| Cineplex Inc | 2.64 |
| Brookfield Renewable Partners LP - Units | 2.52 |
| California Resources Corp | 2.46 |
| K-Bro Linen Inc | 2.22 |
| Sienna Senior Living Inc | 2.13 |
| Boralex Inc Cl A | 2.11 |
Arrow Long/Short Alternative Fund Series A
Median
Other - Alternative Equity Focus
| Standard Deviation | 4.39% | 8.38% | 7.35% |
|---|---|---|---|
| Beta | 0.01% | 0.30% | 0.33% |
| Alpha | 0.02% | 0.06% | 0.04% |
| Rsquared | 0.00% | 0.31% | 0.32% |
| Sharpe | -0.24% | 0.86% | 0.68% |
| Sortino | -0.23% | 1.35% | 0.78% |
| Treynor | -0.95% | 0.24% | 0.15% |
| Tax Efficiency | 20.66% | 79.89% | 81.94% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.80% | 4.39% | 8.38% | 7.35% |
| Beta | 0.10% | 0.01% | 0.30% | 0.33% |
| Alpha | 0.03% | 0.02% | 0.06% | 0.04% |
| Rsquared | 0.09% | 0.00% | 0.31% | 0.32% |
| Sharpe | 0.32% | -0.24% | 0.86% | 0.68% |
| Sortino | 1.53% | -0.23% | 1.35% | 0.78% |
| Treynor | 0.12% | -0.95% | 0.24% | 0.15% |
| Tax Efficiency | 65.58% | 20.66% | 79.89% | 81.94% |
| Start Date | March 18, 2008 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $36 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| AHP4000 |
The investment objective of Arrow Long/Short Alternative Fund is to achieve superior capital appreciation over both short and long term horizons primarily through the selection and management of a concentrated group of long and short positions in Canadian equity securities and equity derivative securities. The Fund will use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts.
Equities. The Fund will invest its assets primarily in publicly listed Canadian equity securities, although the Fund will also invest in companies domiciled outside of Canada. The Portfolio Advisor will have a variable bias and will generally look to include both long and short positions in the Fund’s portfolio. Equity market exposure may be achieved by investing in general market indices.
| Name | Start Date |
|---|---|
| Arrow Capital Management Inc. | 03-18-2008 |
| Fund Manager | Arrow Capital Management Inc. |
|---|---|
| Advisor | Arrow Capital Management Inc. |
| Custodian | - |
| Registrar | - |
| Distributor | - |
| Auditor | - |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.17% |
|---|---|
| Management Fee | - |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
