• NAV $10.14 20-Nov-2024
  • $0.00 / 0.03% Daily NAV change
  • MARKET PRICE 20-Nov-2024
  • $10.14   
  • Inception 01-Feb-2024
  • Aggregate exposure
    Long 98.7%
    Short -97.1%
    Net 1.6%
    Cash 98.4%
    30-Sep-2024
  • Aggregate assets
    (all series)     $59.7M
    31-Oct-2024
  • Units outstanding 200,000
    20-Nov-2024
  • Management fee 1.15%
  • MER 1.51%
    30-Jun-2024
  • Investment program DRIP
  • Distributions Annually
  • Benchmark FTSE Canada 91 Day T-Bill Index
  • Exchange Cboe CA
  • CUSIP 31623B701
  • Morningstar category Alternative Market Neutral
  • Also available through: Trust US$ and Trust CDN$
  • Get ETF Facts

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Start NAV

$10.0000

End NAV

$10.4031
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Why invest in this fund?

  • Portfolio diversifier with respect to traditional asset classes
  • Potential for downside protection in times of market stress
  • Seeks to capture alternative sources of alpha

Calendar returns

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Standard period returns

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a low to medium volatility rating

Allocation

Asset mix (%)

30-Sep-2024
Long Short Net
Canadian Equities 57.2 -34.2 23.0
Foreign Equities 41.5 -62.9 -21.4
Cash & Other 98.8 -0.4 98.4

Country mix (%)

30-Sep-2024
Long Short Net
Canada 57.2 -34.2 23.0
Israel 1.7 - 1.7
Italy - -1.0 -1.0
Argentina - -1.0 -1.0
United States 39.8 -61.3 -21.5

Sector mix (%)

30-Sep-2024
Long Short Net
Consumer Staples 14.3 -6.7 7.5
Consumer Disc. 15.5 -12.3 3.1
Materials 2.6 - 2.6
Communication Services 5.1 -3.8 1.3
Real Estate 2.7 -2.2 0.6
Utilities 2.5 -2.1 0.4
Energy 4.7 -5.9 -1.2
Financials 8.2 -9.4 -1.2
Health Care 5.8 -7.3 -1.5
Information Technology 13.4 -17.4 -4.0
Industrials 23.9 -30.0 -6.1

Top ten holdings

LONG

  1. Meta Platforms
  2. McKesson Corp.
  3. Boston Scientific
  4. Loblaw
  5. Finning International
  6. GODADDY INC CL A
  7. Waste Connections
  8. SPS Commerce
  9. Saia
  10. BEACON ROOFING SUPPLY INC
Top ten long holdings aggregate 30.3%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 30.3%
Total number of holdings 131

LONG

  1. Meta Platforms
  2. Fairfax Financial Holdings, Sub Vtg
  3. Onex
  4. Union Pacific
  5. Rogers Communication, Cl. B, Non Vtg
  6. AtkinsRéalis
  7. Loblaw
  8. Spin Master
  9. Colliers International Group
  10. ESAB Corporation
Top ten long holdings aggregate 27.7%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 27.7%
Total number of holdings 138

LONG

  1. Rogers Communication, Cl. B, Non Vtg
  2. CGI
  3. GODADDY INC CL A
  4. Colliers International Group
  5. Union Pacific
  6. Open Text
  7. SHOPIFY INC CL A (US)
  8. Shift4
  9. Fairfax Financial Holdings, Sub Vtg
  10. Boyd Group Services
Top ten long holdings aggregate 29.1%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 29.1%
Total number of holdings 128

LONG

  1. Fairfax Financial Holdings, Sub Vtg
  2. Splunk
  3. CGI
  4. RB Global
  5. Open Text
  6. Onex
  7. Finning
  8. Microsoft
  9. SPS Commerce
  10. SNC-Lavalin Group
Top ten long holdings aggregate 31.6%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 31.6%
Total number of holdings 120
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Portfolio managers