PERFORMANCE
CALENDAR RETURNS (%) As at 03/31/2024
| YTD | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| 8.6 | 13.3 | -15.3 | 25.0 | 4.9 | 27.9 | -7.1 | 23.4 | 21.3 |
COMPOUND RETURNS (%) As at 03/31/2024
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
|---|---|---|---|---|---|---|---|
| 2.7 | 8.6 | 19.9 | 23.9 | 6.3 | 9.6 | 9.9 | 6.4 |
ASSET
ALLOCATION
As at 03/31/2024
| value | holding |
|---|---|
| Common Stocks-CDN | |
| Common Stocks-US | |
| Common Stocks-Foreign | |
| Cash, Short-Term Investments & Other Net Assets | |
| Corporate Bonds - CDN |
GEOGRAPHIC
ALLOCATION
As at 03/31/2024
| value | holding |
|---|---|
| Canada | |
| United States | |
| Netherlands | |
| France | |
| United Kingdom |
SECTOR
ALLOCATION
As at 03/31/2024
| value | holding |
|---|---|
| Banks | |
| Alternative Asset Manager | |
| Insurance | |
| P&C Insurance | |
| Financial Technology | |
| Specialty | |
| Financial Exchanges | |
| Ratings Agencies | |
| Private Capital |
TOP EQUITY HOLDINGS (%)
As at 03/31/2024
| Toronto-Dominion Bank | - |
| Royal Bank of Canada | - |
| Bank of Montreal | - |
| Visa Inc., Class "A" | - |
| Bank of Nova Scotia | - |
| Apollo Global Management, Inc. | - |
| Sun Life Financial Inc. | - |
| Ares Management Corporation | - |
| Element Fleet Management Corp. | - |
| Fairfax Financial Holdings Limited, Subordinated Voting | - |
| Total allocation in top holdings | 43.5 |
HISTORICAL DISTRIBUTIONS ($/unit)
| 2024 Mar | Feb | 2024 Jan | Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.0423 | 0.0423 | 0.0423 | 0.0405 | 0.0405 | 0.0405 | 0.0405 | 0.0405 | 0.0405 | 0.0405 | 0.0405 | 0.0405 |
DYNAMIC PREFERRED PRICING
Management fee rates are applied back to dollar one
| Fund Value | % |
|---|---|
| $0K - $250K | 2.000 |
| $250K - $1M | 1.900 |
| $1M - $5M | 1.825 |
| $5M+ | 1.775 |
- 1. For the period ended 2023-06-30.
- 2. We review the amount of the distribution in January of each year.
- 3. The yield is determined by annualizing the fixed distribution rate and does not include any distributions in excess of the fixed distribution rate that may be paid at the fund’s year-end.
- 4. Risk rating measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this mutual fund is a suitable investment for them.
- 5. Not available for purchases, switches out only.
- . The benchmark used for analytics for this fund is S&P/TSX Capped Financials Index.
- . Distributions may consist of net income, dividends, net realized capital gains, and/or return of capital. Distributions are not guaranteed and investors should not confuse a fund’s distribution yield with its performance or rate of return.
- . Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.
- . The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. Investments in mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
- . Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.
- . R2 is a measurement out of 100 that shows the extent to which a portfolio’s movements can be explained by the benchmark's movements.
- . Standard deviation is a measure of volatility; it shows how broadly the Fund's returns have varied over a given time period.