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Absolute Return Fund Class D
Alternative Multi-Stratgy
|
NAVPS (03-31-2026) |
$254.63 |
|---|---|
| Change | - |
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (November 30, 2010): 6.17%
| 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 | 3.05% | 8.51% | 12.28% | 8.51% | 15.29% | 13.43% | 11.25% | 8.39% | 7.26% | 7.46% | 5.97% | 5.54% | 5.36% | 6.12% |
Monthly Return
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -4.06% | 0.79% | 0.99% | 2.84% | 0.73% | 1.51% | 3.70% | 0.97% | -1.18% | 2.19% | 3.05% | 3.05% |
Best Monthly Return Since Inception
6.70% (January 2015)
Worst Monthly Return Since Inception
-6.60% (March 2016)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.25% | -0.01% | 6.83% | -3.22% | 2.04% | 8.69% | 0.31% | 2.39% | 18.14% | 6.22% |
Best Calendar Return (Last 10 years)
18.14% (2024)
Worst Calendar Return (Last 10 years)
-3.22% (2019)
Asset Allocation
Sector Allocation
Geographic Allocation
Top Holdings
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
3 Yr Annualized
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | - | - | - | - |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | - | - | - | - |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
Fund Details
| Start Date | November 30, 2010 |
|---|---|
| Instrument Type | Exempt Product (Hedge Fund) |
| Share Class | - |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | No Distribution |
| Assets ($mil) | $11 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAC214 |
Investment Objectives
The investment objective of the Absolute Return Fund is to generate positive absolute returns under most market and economic conditions with little or no correlation to the US and Canadian stock markets.
Investment Strategy
In order to achieve its objectives, the Fund will invest in several value-added strategies managed by experienced and successful Canadian, US and UK hedge fund managers.
Portfolio Management
| Portfolio Manager |
MacNicol & Associates |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
MacNicol & Associates |
|---|---|
| Custodian |
National Bank Independent Network (NBIN) |
| Registrar |
- |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | - |
|---|---|
| Management Fee | 1.50% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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