(As of 10/31/2024)

NewGen Focused Alpha Fund Class G

(Alternative Equity Focused)
Inception Return
(3/30/2021)
13.69 %
YTD Return 19.50 %
NAVPS
(12/6/2024)
$15.09
Change $0.04 / 0.27 %
Growth of $10,000 (As of October 31, 2024)
MER 4.56 %
Assets ($mil) $66.16
Rank (1Yr) 59/167
Std Dev (3Yr) -
Volatility Ranking (3Yr) 6/10
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 long-term capital gains. The Fund may use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts. The aggregate gross exposure of the Fund shall not exceed the limits on the use of leverage or as otherwise permitted under applicable securities legislation. The Fund may also employ derivative strategies to seek to manage market volatility.
Fund Manager

NewGen Asset Management Limited

Portfolio Manager

NewGen Asset Management Limited

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

Performance Data (As of October 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 6.17 8.89 12.37 19.50 28.48 10.38 -    -   
Benchmark 0.85 5.30 12.95 18.24 32.06 8.05 11.33 8.41
Quartile Ranking 1 1 2 2 2 1 - -

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 11.67 -3.05 -      -      -      -      -      -      -      -     
Benchmark 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08 -8.32 10.55
Quartile Ranking 2 2 - - - - - - - -

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