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Canadian Equity
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (02-24-2025) |
$11.24 |
|---|---|
| Change |
$0.11
(0.95%)
|
As at January 31, 2025
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Inception Return (June 27, 2022): 9.41%
| 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 | 0.62% | -0.05% | 4.22% | 0.62% | 13.52% | 6.39% | - | - | - | - | - | - | - | - |
| Benchmark | 3.48% | 6.47% | 12.11% | 3.48% | 25.19% | 14.44% | 9.97% | 13.55% | 11.45% | 12.03% | 10.30% | 9.84% | 11.29% | 8.96% |
| Category Average | 2.79% | 5.04% | 8.75% | 2.79% | 20.16% | 11.99% | 8.17% | 12.06% | 9.76% | 10.28% | 8.44% | 8.09% | 9.20% | 7.40% |
| Category Rank | 730 / 751 | 750 / 751 | 716 / 735 | 730 / 751 | 696 / 725 | 700 / 703 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - | - | - | - |
| Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.16% | 3.72% | -1.93% | 2.70% | -1.59% | 4.73% | 1.73% | 1.40% | 1.08% | 3.42% | -3.95% | 0.62% |
| Benchmark | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% | 6.37% | -3.27% | 3.48% |
7.78% (October 2022)
-5.16% (September 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | 3.98% | 13.54% |
| Benchmark | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% |
| Category Average | -6.15% | 16.46% | 6.89% | -9.47% | 19.21% | 3.42% | 23.26% | -4.82% | 9.85% | 17.87% |
| Quartile Ranking | - | - | - | - | - | - | - | - | 4 | 4 |
| Category Rank | - | - | - | - | - | - | - | - | 678/ 699 | 685/ 725 |
13.54% (2024)
3.98% (2023)
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.78% | - | - | - |
| Beta | 0.79% | - | - | - |
| Alpha | -0.05% | - | - | - |
| Rsquared | 0.86% | - | - | - |
| Sharpe | 1.01% | - | - | - |
| Sortino | 1.99% | - | - | - |
| Treynor | 0.11% | - | - | - |
| Tax Efficiency | 84.24% | - | - | - |
| Start Date | June 27, 2022 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NEC230 |
The Fund seeks to provide long term growth of capital and income by investing primarily in equity securities of Canadian issuers and to provide monthly cash distributions. The Fund will engage in covered option writing strategies to enhance the yield of the Fund’s investment portfolio.
The Fund seeks to achieve its investment objective by investing primarily in a portfolio of securities selected by Veritas, which is based upon independent equity research provided by its affiliate, Veritas Investment Research Corporation. Next Edge has retained Veritas as sub-advisor to the Fund in order to provide recommendations on the construction of the Fund Portfolio. Next Edge is ultimately responsible, however, for all final decisions in respect of security selections for the Fund.
| Portfolio Manager |
Next Edge Capital Corp.
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Next Edge Capital Corp. |
|---|---|
| Custodian |
RBC Investor Services Trust |
| Registrar |
RBC Investor Services Trust |
| Distributor |
Next Edge Capital Corp. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.26% |
|---|---|
| Management Fee | 1.80% |
| Load | Back Fee Only |
| FE Max | 3.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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