• NAV $9.54 27-Mar-2026
  • $0.14 / 1.45% Daily NAV change
  • 11.55% YTD return
  • MARKET PRICE 27-Mar-2026
  • $9.52   
  • Inception 01-Feb-2024
  • Aggregate exposure
    Long 106.3%
    Short -46.7%
    Net 59.6%
    Cash 40.4%
    28-Feb-2026
  • Aggregate assets
    (all series)     $1.534B
    28-Feb-2026
  • Units outstanding 6,135,000
    30-Mar-2026
  • Management fee 1.15%
  • MER 1.50%
    31-Dec-2025
  • Investment program DRIP
  • Distributions Annually
  • Benchmark MSCI World Index
  • Exchange Cboe CA
  • CUSIP 31623A828
  • Morningstar category Alternative Equity Focused
  • Also available through: Trust US$, Trust CDN$ and Trust T-Series S5
  • Get ETF Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Why invest in this fund?

  • Seeks to exploit mispricing of value oriented stocks
  • Utilizes a combination of long and short positions
  • Potential complement to traditional portfolios.

Calendar returns (%) 28-Feb-2026

YTD 2026 2025
ETF (NAV) 10.36 8.46
ETF (Market price) 10.89 8.38

Standard period returns (%) 28-Feb-2026

1 mo 3 mo 6 mo 1 yr Inception†
ETF (NAV) 7.26 11.80 9.39 10.56 -2.77
ETF (Market price) 7.74 12.74 9.61 11.02 -2.18

Risk measures (%) 28-Feb-2026

Fund
Annualized standard deviation 24.52
Beta -1.52
R² 0.33

Risk classification

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

This fund has a high volatility rating

Allocation

Asset mix (%)

28-Feb-2026
Long Short Net
Foreign Equities 94.2 -44.0 50.2
Canadian Equities 12.1 -2.8 9.4
Cash & Other 41.7 -1.3 40.4

Country mix (%)

28-Feb-2026
Long Short Net
United States 94.6 -41.6 53.0
United Kingdom 14.2 - 14.2
Canada 12.1 -2.8 9.4
France 6.6 - 6.6
Netherlands 3.6 - 3.6
China 3.2 - 3.2
Switzerland 2.6 - 2.6
South Korea 1.8 - 1.8
Japan 1.4 - 1.4
Multinational - - -
Australia - - -
Sweden - -0.6 -0.6
Germany - -0.7 -0.7
South Africa - -1.1 -1.1

Sector mix (%)

28-Feb-2026
Long Short Net
Consumer Staples 36.9 -0.7 36.2
Health Care 20.8 - 20.8
Communication Services 8.7 -2.7 6.0
Real Estate 2.9 -0.6 2.3
Materials 1.9 -1.1 0.8
Industrials 6.9 -6.4 0.5
Information Technology 20.1 -20.3 -0.2
Consumer Disc. 5.2 -5.3 -0.2
Utilities - -1.2 -1.2
Energy - -1.4 -1.4
Financials 2.9 -7.0 -4.1

Top ten holdings

  1. British American Tobacco
  2. Imperial Brands
  3. Metro
  4. Diageo
  5. Target
  6. Pernod-Ricard
  7. Pfizer
  8. CIDARA THERAPEUTICS INC
  9. Hologic
  1. Palantir Technologies Inc. (SHORT)
Top ten long holdings aggregate 34.5%
Top ten short holdings aggregate -21.1%
Total number of holdings 114
  1. Imperial Brands
  2. Bayer
  3. British American Tobacco
  4. Diageo
  5. Pernod-Ricard
  6. Metro
  7. Pfizer
  8. Johnson & Johnson
  1. Palantir Technologies Inc. (SHORT)
  2. D-Wave Quantum Inc. (SHORT)
Top ten long holdings aggregate 38.0%
Top ten short holdings aggregate -27.7%
Total number of holdings 95
  1. British American Tobacco
  2. Imperial Brands
  3. Bayer
  4. Diageo
  5. Metro
  6. Target
  7. Pernod-Ricard
  8. Nestlé (Reg.)
  1. Palantir Technologies Inc. (SHORT)
  2. Carvana (SHORT)
Top ten long holdings aggregate 40.1%
Top ten short holdings aggregate -27.5%
Total number of holdings 99
  1. Imperial Brands
  2. British American Tobacco
  3. Bayer
  4. Diageo
  5. Nestlé (Reg.)
  6. Ambev
  7. Metro
  8. Dollar Tree
  9. Johnson & Johnson
  10. Pernod-Ricard
Top ten long holdings aggregate 34.9%
Top ten short holdings aggregate -19.8%
Total number of holdings 103
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