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Dynamic Financial Services Fund Series A
Financial Services Equity
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2021, 2020, 2019, 2018, 2017
Click for more information on Fundata’s FundGrade
|
NAVPS (05-13-2026) |
$33.61 |
|---|---|
| Change |
-$0.29
(-0.84%)
|
As at April 30, 2026
As at February 28, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (March 31, 1997): 9.20%
| 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 | 5.95% | 0.44% | 2.82% | -1.85% | 15.37% | 20.65% | 19.83% | 13.30% | 10.07% | 13.75% | 11.46% | 11.15% | 11.28% | 12.69% |
| Benchmark | 4.92% | 0.24% | 4.30% | 0.76% | 19.15% | 22.13% | 21.21% | 16.76% | 13.60% | 16.31% | 11.15% | 10.41% | 10.21% | 11.97% |
| Category Average | 8.09% | 4.95% | 12.13% | 4.62% | 34.30% | 27.29% | 23.04% | 16.29% | 12.73% | 18.24% | 12.31% | 11.26% | 11.17% | 12.37% |
| Category Rank | 61 / 81 | 55 / 79 | 63 / 79 | 63 / 79 | 59 / 75 | 53 / 69 | 52 / 66 | 41 / 53 | 38 / 50 | 40 / 45 | 27 / 45 | 24 / 42 | 21 / 37 | 15 / 33 |
| Quartile Ranking | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.90% | 4.23% | 0.48% | 1.38% | 1.10% | -0.35% | 1.75% | 2.95% | -2.28% | -1.56% | -3.70% | 5.95% |
| Benchmark | 4.60% | 2.54% | 2.04% | 2.63% | 2.45% | -0.72% | 1.94% | 1.54% | 0.52% | 0.70% | -5.11% | 4.92% |
Best Monthly Return Since Inception
15.47% (October 1998)
Worst Monthly Return Since Inception
-22.21% (August 1998)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 21.13% | 23.46% | -7.09% | 28.02% | 4.88% | 25.02% | -15.27% | 13.27% | 30.15% | 20.48% |
| Benchmark | 6.34% | 15.24% | -4.99% | 19.43% | -5.24% | 22.05% | -5.68% | 13.41% | 31.42% | 21.57% |
| Category Average | 11.10% | 15.65% | -8.72% | 20.37% | 0.17% | 28.60% | -10.67% | 9.26% | 27.44% | 27.70% |
| Quartile Ranking | 3 | 1 | 1 | 1 | 1 | 4 | 4 | 2 | 2 | 3 |
| Category Rank | 15/ 29 | 6/ 37 | 10/ 41 | 10/ 43 | 11/ 45 | 38/ 50 | 43/ 50 | 21/ 59 | 28/ 68 | 47/ 71 |
Best Calendar Return (Last 10 years)
30.15% (2024)
Worst Calendar Return (Last 10 years)
-15.27% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 53.80 |
| US Equity | 24.51 |
| International Equity | 17.12 |
| Cash and Equivalents | 4.43 |
| Derivatives | 0.01 |
| Other | 0.13 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 80.87 |
| Industrial Services | 10.63 |
| Cash and Cash Equivalent | 4.43 |
| Technology | 1.58 |
| Real Estate | 1.32 |
| Other | 1.17 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 82.75 |
| Europe | 17.12 |
| Multi-National | 0.13 |
Top Holdings
| Name | Percent |
|---|---|
| Ald SA | 6.89 |
| Toronto-Dominion Bank | 5.73 |
| Royal Bank of Canada | 4.64 |
| Intact Financial Corp | 4.02 |
| National Bank of Canada | 3.94 |
| Element Fleet Management Corp | 3.61 |
| Bank of Nova Scotia | 3.31 |
| Fairfax Financial Holdings Ltd | 3.26 |
| Manulife Financial Corp | 3.21 |
| Brookfield Corp Cl A | 3.17 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Dynamic Financial Services Fund Series A
Median
Other - Financial Services Equity
3 Yr Annualized
| Standard Deviation | 11.31% | 14.56% | 13.98% |
|---|---|---|---|
| Beta | 0.95 | 1.10 | 0.95 |
| Alpha | 0.00 | -0.04 | 0.01 |
| Rsquared | 0.80% | 0.85% | 0.80% |
| Sharpe | 1.34 | 0.54 | 0.79 |
| Sortino | 3.16 | 0.80 | 1.07 |
| Treynor | 0.16 | 0.07 | 0.12 |
| Tax Efficiency | 90.60% | 82.67% | 85.24% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 10.21% | 11.31% | 14.56% | 13.98% |
| Beta | 0.96 | 0.95 | 1.10 | 0.95 |
| Alpha | -0.02 | 0.00 | -0.04 | 0.01 |
| Rsquared | 0.73% | 0.80% | 0.85% | 0.80% |
| Sharpe | 1.22 | 1.34 | 0.54 | 0.79 |
| Sortino | 2.34 | 3.16 | 0.80 | 1.07 |
| Treynor | 0.13 | 0.16 | 0.07 | 0.12 |
| Tax Efficiency | 79.62% | 90.60% | 82.67% | 85.24% |
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, 1997 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $402 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| DYN201 | ||
| DYN211 | ||
| DYN301 | ||
| DYN311 | ||
| DYN3311 | ||
| DYN3411 | ||
| DYN3511 | ||
| DYN7112 |
Investment Objectives
Dynamic Financial Services Fund seeks to maximize return over the long-term in a manner consistent with the preservation of capital through investments primarily in Canadian companies that are involved in the financial services and wealth management sectors. Before a fundamental change is made to the investment objective of the Fund, the prior approval of unitholders is required. This approval must be given by a resolution passed by a majority of the votes cast at a meeting of unitholders
Investment Strategy
The Fund emphasizes investments in shares of Canadian and select international companies that are involved in the financial services and wealth management industries, including banks, asset managers and insurance companies. The Fund seeks to maximize long-term returns by investing in quality companies with strong earnings growth prospects at attractive valuations. In-depth fundamental analysis, based on specialized industry knowledge, is performed to identify appropriate investment opportunities
Portfolio Management
| Portfolio Manager |
1832 Asset Management L.P.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
1832 Asset Management L.P. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
1832 Asset Management L.P. |
| Distributor |
1832 Asset Management L.P. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 100 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 2.45% |
|---|---|
| Management Fee | 2.00% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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