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Marquest Explorer Series Fund Series A/Rollover
Natural Resources Equity
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FundGrade D
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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|
NAVPS (05-13-2026) |
$1.25 |
|---|---|
| Change |
-$0.01
(-0.43%)
|
As at April 30, 2026
As at April 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (March 31, 2005): -9.29%
| 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 | 2.43% | -16.63% | 13.25% | 2.30% | 87.29% | 50.86% | 22.34% | 7.31% | -2.79% | 19.91% | 14.91% | 10.31% | 7.74% | 10.30% |
| Benchmark | -1.66% | 8.01% | 29.63% | 18.49% | 66.29% | 37.93% | 26.06% | 18.25% | 21.63% | 20.68% | 16.47% | 14.01% | 11.67% | 11.08% |
| Category Average | 0.91% | 7.24% | 30.26% | 18.57% | 70.97% | 29.98% | 22.38% | 16.31% | 19.89% | 24.84% | 16.88% | 12.66% | 11.57% | 11.02% |
| Category Rank | 21 / 114 | 113 / 114 | 110 / 113 | 112 / 114 | 17 / 112 | 8 / 108 | 61 / 107 | 105 / 106 | 101 / 102 | 78 / 100 | 75 / 100 | 86 / 98 | 86 / 90 | 65 / 87 |
| Quartile Ranking | 1 | 4 | 4 | 4 | 1 | 1 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 3 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.07% | 9.60% | 3.82% | 13.22% | 19.68% | 7.19% | 3.03% | 7.45% | 22.71% | 9.37% | -25.58% | 2.43% |
| Benchmark | 3.24% | 3.09% | 1.31% | 9.67% | 11.75% | -2.92% | 9.29% | 0.11% | 9.70% | 15.01% | -4.50% | -1.66% |
Best Monthly Return Since Inception
44.71% (February 2021)
Worst Monthly Return Since Inception
-29.30% (September 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 56.68% | 21.05% | -26.66% | -6.74% | 116.96% | 11.41% | -38.57% | -33.77% | 27.90% | 118.97% |
| Benchmark | 36.74% | -1.69% | -15.86% | 20.06% | -7.01% | 21.57% | 12.86% | -0.78% | 19.24% | 51.44% |
| Category Average | 40.92% | -2.18% | -21.77% | 9.95% | 5.03% | 32.84% | 13.19% | 2.62% | 7.76% | 44.14% |
| Quartile Ranking | 1 | 1 | 4 | 4 | 1 | 4 | 4 | 4 | 1 | 1 |
| Category Rank | 5/ 83 | 6/ 88 | 87/ 98 | 99/ 100 | 2/ 100 | 92/ 101 | 101/ 103 | 106/ 107 | 5/ 108 | 4/ 110 |
Best Calendar Return (Last 10 years)
118.97% (2025)
Worst Calendar Return (Last 10 years)
-38.57% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 97.55 |
| Cash and Equivalents | 2.45 |
Sector Allocation
| Name | Percent |
|---|---|
| Basic Materials | 88.10 |
| Cash and Cash Equivalent | 2.45 |
| Other | 9.45 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Trident Resources Corp | 6.77 |
| Lundin Mining Corp | 6.55 |
| Hudbay Minerals Inc | 5.48 |
| Iamgold Corp | 5.37 |
| Kinross Gold Corp | 5.04 |
| Sitka Gold Corp | 4.91 |
| B2Gold Corp | 4.82 |
| First Quantum Minerals Ltd | 4.82 |
| Cameco Corp | 4.67 |
| Barrick Mining Corp | 4.63 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Marquest Explorer Series Fund Series A/Rollover
Median
Other - Natural Resources Equity
3 Yr Annualized
| Standard Deviation | 35.24% | 30.60% | 33.92% |
|---|---|---|---|
| Beta | 1.13 | 0.93 | 0.73 |
| Alpha | -0.02 | -0.18 | 0.06 |
| Rsquared | 0.35% | 0.31% | 0.16% |
| Sharpe | 0.65 | -0.03 | 0.39 |
| Sortino | 1.01 | -0.05 | 0.67 |
| Treynor | 0.20 | -0.01 | 0.18 |
| Tax Efficiency | 100.00% | - | 100.00% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 41.85% | 35.24% | 30.60% | 33.92% |
| Beta | 1.22 | 1.13 | 0.93 | 0.73 |
| Alpha | 0.07 | -0.02 | -0.18 | 0.06 |
| Rsquared | 0.41% | 0.35% | 0.31% | 0.16% |
| Sharpe | 1.69 | 0.65 | -0.03 | 0.39 |
| Sortino | 2.71 | 1.01 | -0.05 | 0.67 |
| Treynor | 0.58 | 0.20 | -0.01 | 0.18 |
| Tax Efficiency | 100.00% | 100.00% | - | 100.00% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | March 31, 2005 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MAV7001 |
Investment Objectives
The fundamental investment objective of the Explorer Series Fund is to seek long-term capital growth by investing in a diversified portfolio of primarily equity securities of Canadian mineral exploration and mining companies. Any change in the Explorer Series Fund’s fundamental investment objectives (that do not require a change to the Multi Series Fund constating documents) must be approved by a majority of the votes cast by holders of Explorer Series Shares at a meeting to consider the change.
Investment Strategy
In order to achieve the above investment objectives, the Manager, as manager of the Explorer Series Fund, may employ some or all of the following investment strategies: analyze financial information of each potential investment to identify under-valued companies with improving fundamentals and high potential for price appreciation; review economic data, market trends, stock valuations, interest rate levels, monetary policy and other factors to identify business cycle and commodity sector trends.
Portfolio Management
| Portfolio Manager |
Marquest Asset Management Inc.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Marquest Asset Management Inc. |
|---|---|
| Custodian |
RBC Investor Services Trust (Canada) |
| Registrar |
Marquest Asset Management Inc. |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | 0 |
| SWP Min Withdrawal | 0 |
Fees
| MER | 6.55% |
|---|---|
| Management Fee | 2.00% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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