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Global Neutral Balanced
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2014
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|
NAVPS (10-11-2024) |
$19.37 |
|---|---|
| Change |
$0.09
(0.47%)
|
As at September 30, 2024
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Inception Return (January 11, 2008): 5.62%
| 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 | 1.95% | 5.87% | 6.98% | 12.21% | 21.38% | 14.80% | 5.38% | 6.81% | 6.67% | 6.60% | 6.56% | 6.30% | 6.50% | 6.35% |
| Benchmark | 2.25% | 5.52% | 7.56% | 13.77% | 22.16% | 16.11% | 4.86% | 5.75% | 6.55% | 6.63% | 6.88% | 6.53% | 6.81% | 7.54% |
| Category Average | 1.80% | 6.15% | 6.15% | 10.92% | 18.92% | 12.72% | 3.80% | 5.79% | 5.42% | 5.29% | 5.18% | 5.15% | 5.35% | 5.04% |
| Category Rank | 759 / 1,737 | 352 / 1,736 | 411 / 1,705 | 577 / 1,705 | 353 / 1,681 | 328 / 1,644 | 324 / 1,498 | 392 / 1,365 | 338 / 1,294 | 276 / 1,189 | 240 / 1,061 | 238 / 955 | 220 / 858 | 209 / 742 |
| Quartile Ranking | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 2 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.56% | 5.72% | 2.89% | 0.35% | 2.38% | 2.09% | -2.16% | 2.78% | 0.50% | 3.18% | 0.64% | 1.95% |
| Benchmark | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% |
6.36% (November 2020)
-7.88% (September 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 10.37% | 6.13% | 4.95% | 7.77% | -2.16% | 14.00% | 8.79% | 10.56% | -10.47% | 11.55% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Category Rank | 152/ 661 | 294/ 784 | 417/ 887 | 357/ 972 | 374/ 1,115 | 376/ 1,229 | 481/ 1,311 | 446/ 1,396 | 722/ 1,534 | 303/ 1,652 |
14.00% (2019)
-10.47% (2022)
Tangerine Balanced Portfolio
Median
Other - Global Neutral Balanced
| Standard Deviation | 9.93% | 9.75% | 8.14% |
|---|---|---|---|
| Beta | 1.04% | 1.11% | 0.93% |
| Alpha | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.90% | 0.88% | 0.80% |
| Sharpe | 0.24% | 0.48% | 0.61% |
| Sortino | 0.41% | 0.60% | 0.64% |
| Treynor | 0.02% | 0.04% | 0.05% |
| Tax Efficiency | 88.35% | 90.38% | 89.72% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.08% | 9.93% | 9.75% | 8.14% |
| Beta | 1.11% | 1.04% | 1.11% | 0.93% |
| Alpha | -0.03% | 0.00% | 0.00% | -0.01% |
| Rsquared | 0.87% | 0.90% | 0.88% | 0.80% |
| Sharpe | 2.12% | 0.24% | 0.48% | 0.61% |
| Sortino | 6.59% | 0.41% | 0.60% | 0.64% |
| Treynor | 0.14% | 0.02% | 0.04% | 0.05% |
| Tax Efficiency | 96.54% | 88.35% | 90.38% | 89.72% |
| Start Date | January 11, 2008 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| INI120 | ||
| INI220 |
This Fund seeks to provide a balance of income and capital appreciation by investing in both fixed income and equity securities based on a prescribed allocation among four distinct asset classes: Canadian bonds, Canadian equities, U.S. equities and international equities. The Fund will remain relatively balanced between bonds and equities and between Canadian and non-Canadian securities.
The Fund will follow a strategic asset allocation strategy, with the target allocations among the four asset classes being as follows: Canadian bonds 40% Canadian equities 20% U.S. equities 20% International equities 20% Each of the four asset classes seeks to replicate as closely as possible the performance of a recognized securities index: the Canadian bond component seeks to replicate a generally recognized Canadian bond index.
| Name | Start Date |
|---|---|
| State Street Global Advisors Ltd. | 01-02-2008 |
| 1832 Asset Management L.P. | 04-01-2024 |
| Fund Manager | 1832 Asset Management L.P. |
|---|---|
| Advisor | 1832 Asset Management L.P. |
| Custodian | State Street Trust Company Canada |
| Registrar | International Financial Data Services (Canada) Ltd |
| Distributor | Tangerine Investment Funds Limited |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 0 |
| PAC Subsequent | 0 |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 0 |
| MER | 1.06% |
|---|---|
| Management Fee | 0.80% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.40% |
| Trailer Fee Max (LL) | - |
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