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Financial Services Equity
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2021, 2020, 2019, 2018, 2017
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|
NAVPS (04-22-2024) |
$26.71 |
|---|---|
| Change |
$0.21
(0.81%)
|
As at March 31, 2024
As at January 31, 2024
As at February 29, 2024
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Inception Return (March 31, 1997): 8.54%
| 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 | 2.70% | 8.61% | 19.94% | 8.61% | 23.87% | 3.45% | 6.30% | 12.44% | 9.65% | 8.45% | 9.37% | 11.43% | 9.90% | 9.88% |
| Benchmark | 3.76% | 9.87% | 21.36% | 9.87% | 25.68% | 9.80% | 9.79% | 15.54% | 8.54% | 7.15% | 7.88% | 9.74% | 7.73% | 8.93% |
| Category Average | 5.09% | 20.74% | 20.74% | 8.28% | 21.50% | 4.12% | 6.40% | 16.72% | 8.69% | 6.85% | 7.60% | 9.48% | 7.82% | 8.14% |
| Category Rank | 75 / 77 | 35 / 76 | 30 / 76 | 35 / 76 | 33 / 71 | 26 / 60 | 33 / 57 | 45 / 52 | 20 / 52 | 17 / 47 | 10 / 42 | 11 / 34 | 13 / 34 | 13 / 32 |
| Quartile Ranking | 4 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 2 | 2 | 1 | 2 | 2 | 2 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.02% | -2.97% | 4.82% | 2.91% | -1.55% | -1.75% | -2.90% | 9.26% | 4.09% | 1.87% | 3.81% | 2.70% |
| Benchmark | 3.42% | -3.87% | 2.93% | 4.62% | -0.85% | -2.45% | -0.85% | 7.51% | 3.63% | 1.30% | 4.53% | 3.76% |
15.47% (October 1998)
-22.21% (August 1998)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.50% | -1.91% | 21.13% | 23.46% | -7.09% | 28.02% | 4.88% | 25.02% | -15.27% | 13.27% |
| Benchmark | 14.35% | 14.20% | 6.34% | 15.24% | -4.99% | 19.43% | -5.24% | 22.05% | -5.68% | 13.41% |
| Category Average | 10.01% | 6.19% | 11.10% | 15.65% | -8.72% | 20.37% | 0.17% | 28.60% | -10.67% | 9.26% |
| Quartile Ranking | 4 | 3 | 2 | 1 | 2 | 1 | 1 | 4 | 4 | 2 |
| Category Rank | 30/ 31 | 24/ 34 | 14/ 34 | 5/ 42 | 13/ 46 | 10/ 50 | 12/ 52 | 43/ 57 | 45/ 57 | 20/ 66 |
28.02% (2019)
-15.27% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 44.04 |
| US Equity | 40.40 |
| Cash and Equivalents | 12.20 |
| International Equity | 1.75 |
| Income Trust Units | 1.05 |
| Other | 0.56 |
| Name | Percent |
|---|---|
| Financial Services | 81.61 |
| Cash and Cash Equivalent | 12.19 |
| Industrial Services | 4.58 |
| Real Estate | 1.05 |
| Mutual Fund | 0.57 |
| Name | Percent |
|---|---|
| North America | 96.64 |
| Europe | 1.75 |
| Latin America | 1.05 |
| Multi-National | 0.57 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Toronto-Dominion Bank | 5.88 |
| Royal Bank of Canada | 5.88 |
| Bank of Montreal | 4.73 |
| Visa Inc Cl A | 4.36 |
| Sun Life Financial Inc | 3.98 |
| John Hancock Lfe Insrnc Co USA 7.38% 15-Feb-2024 | 3.81 |
| Bank of Nova Scotia | 3.48 |
| Brookfield Corp Cl A | 3.42 |
| Ares Management Corp Cl A | 3.39 |
| Apollo Global Management Inc | 3.38 |
Dynamic Financial Services Fund Series A
Median
Other - Financial Services Equity
| Standard Deviation | 16.81% | 16.91% | 13.79% |
|---|---|---|---|
| Beta | 1.18% | 0.98% | 0.87% |
| Alpha | -0.05% | 0.01% | 0.02% |
| Rsquared | 0.88% | 0.84% | 0.72% |
| Sharpe | 0.29% | 0.52% | 0.65% |
| Sortino | 0.38% | 0.66% | 0.78% |
| Treynor | 0.04% | 0.09% | 0.10% |
| Tax Efficiency | 74.84% | 85.01% | 82.42% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 12.57% | 16.81% | 16.91% | 13.79% |
| Beta | 1.01% | 1.18% | 0.98% | 0.87% |
| Alpha | -0.02% | -0.05% | 0.01% | 0.02% |
| Rsquared | 0.86% | 0.88% | 0.84% | 0.72% |
| Sharpe | 1.40% | 0.29% | 0.52% | 0.65% |
| Sortino | 3.68% | 0.38% | 0.66% | 0.78% |
| Treynor | 0.17% | 0.04% | 0.09% | 0.10% |
| Tax Efficiency | 96.38% | 74.84% | 85.01% | 82.42% |
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.
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.
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.
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.
| Start Date | March 31, 1997 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $326 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DYN201 | ||
| DYN211 | ||
| DYN301 | ||
| DYN311 | ||
| DYN3311 | ||
| DYN3411 | ||
| DYN3511 | ||
| DYN7112 |
Dynamic Financial Services Fund seeks to maximize return over the long-term in a manner consistent with the preservation of capital through investments primarily in Canadian companies that are involved in the financial services and wealth management sectors. 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
The Fund emphasizes investments in shares of Canadian and select international companies that are involved in the financial services and wealth management industries, including banks, asset managers and insurance companies. The Fund seeks to maximize long-term returns by investing in quality companies with strong earnings growth prospects at attractive valuations. In-depth fundamental analysis, based on specialized industry knowledge, is performed to identify appropriate investment opportunities
| Name | Start Date |
|---|---|
| Nick Stogdill | 05-26-2022 |
| Bill McLeod | 12-31-2022 |
| 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 |
| 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 |
| MER | 2.45% |
|---|---|
| Management Fee | 2.00% |
| Load | Choice of Front or Back |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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