(As of 4/30/2024)

Dynamic Financial Services Fund Series A

(Financial Services Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2020
2019
2018
2017



Inception Return
(3/31/1997)
8.40 %
YTD Return 5.72 %
NAVPS
(5/24/2024)
$27.57
Change $0.14 / 0.51 %
Growth of $10,000 (As of April 30, 2024)
MER 2.45 %
Assets ($mil) $314.58
Rank (1Yr) 32/71
Std Dev (3Yr) 15.18 %
Volatility Ranking (3Yr) 9/10
RRSP Eligibility Yes
Load Choice of Front or No Load
Max Front End 5.00 %
Max Back End 6.00 %
Sales Status Open
 
Objective
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
Fund Manager

1832 Asset Management L.P.

Portfolio Manager

Nick Stogdill, 1832 Asset Management L.P.

Bill McLeod, 1832 Asset Management L.P.

Sub-Advisor
Data not available
 
Asset Allocation
(As of February 29, 2024)
Sector Allocation
(As of February 29, 2024)
Geographic Allocation
(As of February 29, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Royal Bank of CanadaCanadian EquityFinancial ServicesCanada5.79%
Toronto-Dominion BankCanadian EquityFinancial ServicesCanada5.75%
Bank of MontrealCanadian EquityFinancial ServicesCanada4.50%
Visa Inc Cl AUS EquityFinancial ServicesUnited States4.48%
Sun Life Financial IncCanadian EquityFinancial ServicesCanada4.03%
Apollo Global Management IncUS EquityFinancial ServicesUnited States3.73%
John Hancock Lfe Insrnc Co USA 7.38% 15-Feb-2024Cash and EquivalentsCash and Cash EquivalentUnited States3.73%
Bank of Nova ScotiaCanadian EquityFinancial ServicesCanada3.73%
Ares Management Corp Cl AUS EquityFinancial ServicesUnited States3.68%
Fiserv IncUS EquityIndustrial ServicesUnited States3.39%

Performance Data (As of April 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -2.66 3.78 20.24 5.72 18.19 3.54 7.98 9.67
Benchmark -1.77 6.54 20.24 7.93 19.37 8.25 7.04 8.83
Quartile Ranking 2 2 3 2 2 3 2 2

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 13.27 -15.27 25.02 4.88 28.02 -7.09 23.46 21.13 -1.91 9.50
Benchmark 13.41 -5.68 22.05 -5.24 19.43 -4.99 15.24 6.34 14.20 14.35
Quartile Ranking 2 4 4 1 1 1 1 2 3 4

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