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Canoe Premium Yield Fund Series A

Misc - Inc&Real Property

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(01-03-2025)
$13.64
Change
$0.03 (0.24%)

As at November 30, 2024

As at November 30, 2024

As at July 31, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
End of interactive chart.

Legend

Canoe Premium Yield Fund Series A

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Fund Returns

Inception Return (April 07, 2010): 6.55%

Fund Returns
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 1.37% 1.78% 3.49% 7.53% 10.49% 6.20% 5.46% 8.21% 6.72% 6.77% 5.35% 5.81% 5.96% 5.22%
Benchmark 6.37% 10.66% 16.91% 25.77% 30.69% 15.61% 10.90% 13.91% 11.92% 12.54% 10.25% 10.17% 10.75% 8.96%
Category Average 0.91% 2.04% 3.02% 4.84% 5.09% 3.11% 2.85% 4.38% 3.68% 4.06% 3.77% 3.86% 3.57% 3.43%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -1.8232 to 6.3704.
End of interactive chart.
Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 2.76% 0.65% 0.96% 3.22% -1.76% 0.83% -0.39% 1.72% 0.36% 0.38% 0.02% 1.37%
Benchmark 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37%

Best Monthly Return Since Inception

9.11% (April 2020)

Worst Monthly Return Since Inception

-17.35% (March 2020)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -8.886067 to 25.091046.
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Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.11% -2.09% 13.19% 6.17% -6.50% 11.75% 1.90% 18.55% -1.62% 7.42%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 5.16% 2.24% 1.46% 4.39% 0.91% 7.57% 1.50% 10.36% -0.98% 2.53%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

18.55% (2021)

Worst Calendar Return (Last 10 years)

-6.50% (2018)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 87.40
Canadian Equity 10.47
International Equity 0.82
Income Trust Units 0.74
US Equity 0.57

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 87.40
Financial Services 2.25
Consumer Services 1.91
Consumer Goods 1.85
Energy 1.70
Other 4.89

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.18
Europe 0.82

Top Holdings

Top Holdings
Name Percent
BANK OF MONTREAL TD 3.60% 02-Dec-2024 60.40
BANK OF MONTREAL TD 4.43% 02-Dec-2024 13.99
Cash and Cash Equivalents 10.38
US DOLLAR 2.62
Rogers Communications Inc Cl B 1.55
Intact Financial Corp 1.25
ATKINSREALIS GROUP INC COM NPV 1.05
Dollar Tree Inc 1.01
National Bank of Canada 1.00
ARC Resources Ltd 0.97

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from 0.2897 to 19.6382.
The chart has 1 Y axis displaying Return. Data ranges from -5.31914 to 14.503439.
End of interactive chart.

Canoe Premium Yield Fund Series A

Median

Other - Misc - Inc&Real Property

3 Yr Annualized

Standard Deviation 9.25% 13.05% 10.50%
Beta 0.63% 0.78% 0.76%
Alpha -0.01% -0.02% -0.02%
Rsquared 0.88% 0.90% 0.86%
Sharpe 0.24% 0.39% 0.39%
Sortino 0.43% 0.45% 0.35%
Treynor 0.03% 0.07% 0.05%
Tax Efficiency 59.24% 71.81% 69.17%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.65% 9.25% 13.05% 10.50%
Beta 0.40% 0.63% 0.78% 0.76%
Alpha -0.01% -0.01% -0.02% -0.02%
Rsquared 0.60% 0.88% 0.90% 0.86%
Sharpe 1.21% 0.24% 0.39% 0.39%
Sortino 3.36% 0.43% 0.45% 0.35%
Treynor 0.14% 0.03% 0.07% 0.05%
Tax Efficiency 78.44% 59.24% 71.81% 69.17%

Fundata ESG Metrics

Fundata ESG Score

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Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 35.618008 to 41.589075.
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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.

Fundata E Score

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Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 43.254918 to 60.273122.
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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.

Fundata S Score

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 26.908752 to 35.234801.
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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.

Fundata G Score

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 36.566842 to 46.275605.
End of interactive chart.

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.

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Fund Details

Start Date April 07, 2010
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
GOC3301
GOC3331

Investment Objectives

The Fund aims to generate income and long-term capital growth by primarily writing put options, investing in equity securities, and/or writing call options on these equities. The fundamental investment objectives cannot be changed without approval sof a majority of the securityholders of the Fund.

Investment Strategy

The Fund seeks to achieve its objectives by primarily writing cash covered put options on North American equities, as well as investing in a diversified portfolio of North American equities, writing covered calls, and employing other options strategies. The portfolio manager will employ bottom-up fundamental analysis to identify a list of high-quality companies trading at attractive valuations.

Portfolio Manager(s)

Name Start Date
Steve DiGregorio 12-16-2009

Management and Organization

Fund Manager Canoe Financial LP
Advisor Canoe Financial LP
Custodian CIBC Mellon Trust Company
Registrar International Financial Data Services (Canada) Ltd
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 1,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.43%
Management Fee 2.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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