The AlphaDelta Tactical Growth Class Fund is a growth fund seeking superior capital gains with reasonable volatility through the active management of concentrated positions.
Recipient of the Globefund “Five star” rating, the Fundata “A” rating, and was the number one performer on Morningstar in the North American Equity category.
The Fund is suitable for investors:
| Series | Closing price* | $ daily change | % daily change |
|---|---|---|---|
| A | $12.98 | $0.07 | -0.56% |
| F | $13.57 | $0.08 | -0.56% |
* As of June 30, 2020. Note: Calculated and posted by Qwest Investment Fund Management Ltd.
| Series | Inception date | 12-Mth Dist’n Yield** | 6 Month | 1 Year | 2 Year | 2020 Ytd | 2019 Year | Since Inception | Standard Deviation | Active Share*** |
|---|---|---|---|---|---|---|---|---|---|---|
| F | 28-Feb-15 | 0.3% | 0.5% | 4.0% | 1.5% | 1.6% | -0.8% | 6.8% | 11.8% | 95.9% |
| A | 28-Feb-15 | 0.3% | 0.0% | 2.9% | 0.4% | 1.2% | -1.8% | 5.6% | 11.8% | 95.9% |
*As of May 31 , 2020
The returns shown above are annualized compound returns, calculated on a money weighted basis, net of all fund-level fees and expenses. The returns assume a reinvestment of all fund distributions and do not take into account sales, redemption, distribution or optional charges or income taxes. These historic returns are provided for general information purposes only and may not be indicative of the future returns.
| Series | Income | Capital gains | Total |
|---|---|---|---|
| A | $0.0000 | $0.0000 | $0.0000 |
| F | $0.0000 | $0.0000 | $0.0000 |
The fund believes that a successful philosophy must possess two things:
AVENTINE MANAGEMENT GROUP
An independent, partner-owned investment firm with a focus on capital preservation and long term growth managing two equity-oriented investment funds. The investment approach we employ is active, concentrated and very mindful of downside risk. Our objective is to deliver consistently positive returns with relatively low volatility.
The security selection process requires that new positions taken in the Fund come from top performing sectors of the market.
The sell discipline is hard-wired, emotionless and based on a combination of technical factors. We tend to average up our positions and not average down.
Option overlays are used to reduce crash risk.
Amanda O’Reilly began her career in the Financial Services Sector in 2008 working in the cage at RBC Dominion Securities and quickly moved up to Branch Administrator in 2009. With an excitement for growth Amanda made the move to work for Barry in 2011 as he launched his first fund. Amanda is co-manager of the AlphaDelta Tactical Growth Fund. Amanda is a CFA® charterholder, passing all three levels consecutively, and is a member of the Vancouver CFA® Society.
The objective of the Fund is to provide long-term capital appreciation by investing primarily in equity (and equity equivalent) securities of individual companies, as well as exchange trade funds (“ETFs”), listed on securities exchanges in North America. In addition the Fund may, on occasion, partially or completely exit individual equities, and the stock market in general, in favour of cash and/or short-term money market securities. When fully invested in individual company equities, the portfolio advisor expects to generally hold securities of between 15 and 30 issuers. The tactical and technical nature of some of the strategies implemented by the portfolio advisor may result in the Fund undergoing relatively quick shifts in industry and sector allocations, as well as overall asset allocation into and out of equities.
| Fund Series | FundServ Codes | Mgmt Fee | Trailer Fee | Current Admin Fee – Fee Cap | Projected Approx. MER w/ Current Cap | Minimum Initial Investment | Minimum Additional Investment | CIFSC Strategy Category (Risk Rating) |
|---|---|---|---|---|---|---|---|---|
| Series A | QWE 321 | 2.50% | 1.00% | 0.90% | 3.40% | $1,000 | $100 | North American Equity (Medium) |
| Series F1 | QWE 322 | 1.50% | 0.90% | 2.40% | $1,000 | $100 |
1 The Series F funds are intended for Dealer Fee Based Account Investors only.
The information provided herein is for general information purposes only and is not intended to be a solicitation for the purchase of fund units.
Important information regarding the fund is set out the simplified prospectus and in other documents made publicly available, which should be reviewed prior to investment. The returns shown above are annualized compound returns, calculated on a money weighted basis, net of all fund-level fees and expenses. The returns assume a reinvestment of all fund distributions and do not take into account sales, redemption, distribution or optional charges or income taxes. These historic returns are provided for general information purposes only and may not be indicative of the future returns.”
Qwest Investment Fund Management Ltd. Is the Investment Fund Manager of the fund. Qwest Investment Fund Management Ltd is a Portfolio Manager, Investment Fund Manager and Exempt Market Dealer registered in the provinces of Alberta, British Columbia, Nova Scotia, Quebec, Saskatchewan and Ontario. The firm is also registered solely as an IFM in the provinces of Newfoundland.
Manager commentaries provided above have been obtained from third party managers and do not necessarily reflect views of AlphaDelta. AlphaDelta has not taken any steps to verify the accuracy or completeness of the information presented herein.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.