(As of 12/31/2021)

Middlefield Global Real Estate Class Series A

(Real Estate Equity)






FundGrade A+® Rating recipient
For more information about
FundGrade click here
Inception Return
(6/16/2011)
10.79 %
YTD Return 34.26 %
NAVPS
(1/27/2022)
$16.28
Change ($0.07) / -0.41 %
Growth of $10,000 (As of December 31, 2021)
MER 2.29 %
Assets ($mil) $17.43
Rank (1Yr) 17/141
Std Dev (3Yr) 13.09 %
Volatility Ranking (3Yr) 6/10
RRSP Eligibility Yes
Load Choice of Front or Back
Max Front End 5.00 %
Max Back End 6.00 %
Sales Status Open
 
Objective
The fund's objectives are to: (i) provide a stable level of income; and (ii) outperform the S&P/TSX Capped REIT Index on a total return basis, through an investment strategy which combines indexing and active portfolio management and entails investing primarily in securities of issuers in the Canadian real estate sector.
Fund Manager

Middlefield Limited (ML)

Portfolio Manager

Dean C. Orrico, Middlefield Capital Corporation (MCC)

Robert Moffat, Middlefield Capital Corporation (MCC)

Sub-Advisor
Data not available
 
Asset Allocation
(As of December 31, 2021)
Sector Allocation
(As of December 31, 2021)
Geographic Allocation
(As of December 31, 2021)
Top 10 Holdings
NameAssetSectorGeographicPercent
Chartwell Retirement Residences - UnitsIncome Trust UnitsHealthcareCanada5.05%
Duke Realty CorpUS EquityReal EstateUnited States3.94%
Granite REIT - UnitsIncome Trust UnitsReal EstateCanada3.75%
Summit Industrial Income REIT - UnitsIncome Trust UnitsReal EstateCanada3.63%
Colliers International Group IncCanadian EquityReal EstateCanada3.58%
Crombie REIT - UnitsIncome Trust UnitsReal EstateCanada3.54%
Prologis IncUS EquityReal EstateUnited States3.53%
Tricon Residential IncCanadian EquityReal EstateCanada3.45%
H&R REIT - UnitsIncome Trust UnitsReal EstateCanada3.28%
First Capital REIT - UnitsIncome Trust UnitsReal EstateCanada3.13%

Performance Data (As of December 31, 2021)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 6.35 11.45 16.18 34.26 34.26 15.05 12.15 10.86
Benchmark 6.24 11.96 14.35 30.68 30.68 10.30 6.93 11.90
Quartile Ranking 2 2 1 1 1 1 1 2

Calendar Return (%) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund 34.26 -5.36 19.85 3.29 12.82 -6.36 15.90 17.09 4.71 18.78
Benchmark 30.68 -11.04 15.42 2.74 1.40 1.59 21.00 30.89 10.93 23.39
Quartile Ranking 1 2 2 1 1 4 3 4 3 4

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
BofA Merill Lynch Indices used with permission.
© 2022 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.