PORTFOLIO MANAGEMENT
LITERATURE
CALENDAR RETURNS (%) As at 07/31/2025
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| 7.1 | 12.3 | -1.4 | -14.4 | 21.0 | -8.8 | 29.2 | -2.4 | 11.2 | 13.2 |
COMPOUND RETURNS (%) As at 07/31/2025
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 10 years | Inception |
|---|---|---|---|---|---|---|---|
| -0.9 | 3.6 | 6.2 | 11.3 | 2.8 | 6.2 | 6.0 | 9.2 |
REPRESENTATIVE LONG POSITIONS (%)
As at 06/30/2025
| Chartwell Retirement Residences | - |
| Granite Real Estate Investment Trust | - |
| Enbridge Inc. | - |
| Sienna Senior Living Inc. | - |
| Crombie Real Estate Investment Trust | - |
| Canadian Apartment Properties Real Estate Investment Trust | - |
| Choice Properties Real Estate Investment Trust | - |
| Ventas, Inc. | - |
| National Grid PLC | - |
| Dream Industrial Real Estate Investment Trust | - |
| Total allocation to top holdings | 36.2 |
DYNAMIC PREFERRED PRICING
Management fee rates are applied back to dollar one
| Fund Value | % |
|---|---|
| $0K - $250K | 2.000 |
| $250K - $1M | 1.900 |
| $1M - $5M | 1.825 |
| $5M+ | 1.775 |
- 1. For the period ended 2024-06-30.
- 2. This Monthly distribution is fixed but not guaranteed and may be adjusted from time to time at the discretion of the fund manager.
- 3. The yield is determined by annualizing the fixed distribution rate and does not include any distributions in excess of the fixed distribution rate that may be paid at the fund’s year-end.
- 4. Not available for purchases, switches out only.
- 5. Borrowed cash represents 7.90%.
- . The benchmark used for analytics for this fund is 50% S&P Global Infrastructure Index (C$), 35% FTSE EPRA NAREIT Canada Index (C$), 15% FTSE EPRA NAREIT US Index (C$).
- . Distributions may consist of net income, dividends, net realized capital gains, and/or return of capital. Distributions are not guaranteed and investors should not confuse a fund’s distribution yield with its performance or rate of return.
- . Information pertaining to the Dynamic Hedge Funds (the “Funds”) is not to be construed as a public offering of securities in any jurisdiction of Canada. The offering of units of each of the Funds is made pursuant to its respective Confidential Offering Memorandum only to those investors in jurisdictions of Canada who meet certain eligibility and/or minimum purchase requirements. Important information about each of the Funds, including a statement of their fundamental investment objectives, is contained in their respective Confidential Offering Memorandums, copies of which may be obtained from your investment advisor. Eligible investors should read the Funds’ Confidential Offering Memorandums carefully before deciding to purchase units.
- . The indicated rates of return are the historical annual compounded total returns including changes in units [share] value and reinvestment of all distributions [dividends] and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. Investments in mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
- . Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.
- . R2 is a measurement out of 100 that shows the extent to which a portfolio’s movements can be explained by the benchmark's movements.
- . Standard deviation is a measure of volatility; it shows how broadly the Fund's returns have varied over a given time period.