(As of 6/30/2024)

NewGen Alternative Income Fund Class G

(Alternative Multi-Strategy)
Inception Return
(1/22/2019)
5.60 %
YTD Return 6.01 %
NAVPS
(7/12/2024)
$10.83
Change $0.05 / 0.46 %
Growth of $10,000 (As of June 30, 2024)
MER 2.39 %
Assets ($mil) $231.94
Rank (1Yr) 57/95
Std Dev (3Yr) 8.24 %
Volatility Ranking (3Yr) 3/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The investment objective of the Fund is to provide investors with a combination of steady long-term capital appreciation and a stable stream of income. The Portfolio Manager will place a strong emphasis on risk management and defensive market positioning in order to reduce beta (i.e., systemic risk) and preserve capital in adverse market conditions.
Fund Manager

NewGen Asset Management Limited

Portfolio Manager

David Dattels, NewGen Asset Management Limited

Chris Rowan, NewGen Asset Management Limited

Norm Chang, NewGen Asset Management Limited

Sub-Advisor
Data not available
 
Allocations
Data not available
Top 10 Holdings
Data not available

Performance Data (As of June 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.47 2.53 6.01 6.01 7.18 1.73 4.82 -   
Benchmark -1.42 -0.53 6.05 6.05 12.13 5.98 9.28 6.95
Quartile Ranking 2 1 2 2 3 3 2 -

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 0.48 -1.63 8.96 13.02 -      -      -      -      -      -     
Benchmark 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08 -8.32 10.55
Quartile Ranking 3 2 3 1 - - - - - -

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