• NAV $10.35 03-Jan-2025
  • $0.07 / 0.69% Daily NAV change
  • 0.67% YTD return
  • MARKET PRICE 03-Jan-2025
  • $10.31   
  • Inception 01-Feb-2024
  • Aggregate exposure
    Long 99.5%
    Short -96.6%
    Net 2.9%
    Cash 97.1%
    30-Nov-2024
  • Aggregate assets
    (all series)     $55.0M
    31-Dec-2024
  • Units outstanding 210,000
    06-Jan-2025
  • Management fee 1.15%
  • MER 1.51%
    30-Jun-2024
  • Investment program DRIP
  • Distributions Annually
  • Benchmark FTSE Canada 91 Day T-Bill Index
  • Exchange Cboe CA
  • CUSIP 31623B701
  • Morningstar category Alternative Market Neutral
  • Also available through: Trust US$ 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
Choose a predefined chart period
to:

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-Nov-2024
Long Short Net
Canadian Equities 60.9 -45.1 15.7
Foreign Equities 38.6 -51.5 -12.9
Cash & Other 97.8 -0.7 97.1

Country mix (%)

30-Nov-2024
Long Short Net
Canada 60.9 -44.3 16.6
Israel 2.3 - 2.3
Netherlands - -0.9 -0.9
Italy - -0.9 -0.9
United States 36.3 -51.2 -14.9

Sector mix (%)

30-Nov-2024
Long Short Net
Information Technology 14.8 -11.5 3.3
Consumer Staples 10.6 -8.1 2.5
Materials 2.0 - 2.0
Financials 11.3 -9.6 1.6
Energy 6.9 -5.9 1.1
Consumer Disc. 12.5 -11.8 0.6
Real Estate 2.5 -2.4 0.1
Utilities 4.1 -4.4 -0.3
Health Care 6.0 -6.9 -0.9
Communication Services - -2.7 -2.7
Industrials 28.8 -33.3 -4.4

Top ten holdings

LONG

  1. FLOOR & DECOR HOLDING INC CL A
  2. FTAI Aviation
  3. Aritzia
  4. PULTEGROUP INC
  5. Saia
  6. Fairfax Financial Holdings, Sub Vtg
  7. Fiserv
  8. Empire Company
  9. Colliers International Group
  10. Loblaw
Top ten long holdings aggregate 28.4%
Top ten short holdings aggregate 0.0%
Top ten holdings aggregate 28.4%
Total number of holdings 136

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
View all

Portfolio managers