EHP Global Arbitrage Alternative Cl A (EHF600A)
11.38
+0.03
(+0.25%)
CAD |
Mar 23 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 3.69% | 117.93M | 0.00% | 738.7% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -50.90M | -2.85% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objective of Fund is to provide a positive total return over a market cycle, regardless of market conditions or general market direction, with low correlation to equity markets. The Fund will use alternative investment strategies including merger arbitrage, equity long/short, convertible arbitrage and credit long/short, by investing in global developed-market equities, fixed income securities, convertible securities, fixed income ETFs, equity ETFs, Special Purpose Acquisition Corps (the “SPACs”) and treasury futures derivative contracts as a part of implementing these strategies. The Fund may invest up to 100% or more of its net assets in foreign equities. The Fund will engage in physical short sales and/or borrowing for investment purposes. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | EHF600F |
| Equity Style | Small Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Equity Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Equity |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | EHP Funds |
| Prospectus Benchmark Index | |
| MSCI World NR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 4.56 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
93
-50.90M
-675.43M
Category Low
582.47M
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 23, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 23, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| IAA Inc Ordinary Shares | 5.24% | 39.89 | -0.10% |
| UTA Acquisition Corp Class A | 5.13% | 10.41 | 0.00% |
| Magnet Forensics Inc Sub Voting | 4.78% | 44.09 | 0.64% |
| Altra Industrial Motion Corp | 4.44% | 62.01 | 0.03% |
| Yamana Gold Inc | 4.34% | 8.06 | 1.00% |
| Home Capital Group Inc | 4.20% | 40.45 | -0.02% |
| Signify Health Inc Ordinary Shares - Class A | 3.99% | 28.80 | -0.35% |
|
Myovant Sciences Ltd
|
3.92% | -- | -- |
| Noranda Income Fund | 3.91% | 1.97 | -0.51% |
| ForgeRock Inc Class A | 3.78% | 20.41 | 0.69% |
Basic Info
| Investment Strategy | |
| The investment objective of Fund is to provide a positive total return over a market cycle, regardless of market conditions or general market direction, with low correlation to equity markets. The Fund will use alternative investment strategies including merger arbitrage, equity long/short, convertible arbitrage and credit long/short, by investing in global developed-market equities, fixed income securities, convertible securities, fixed income ETFs, equity ETFs, Special Purpose Acquisition Corps (the “SPACs”) and treasury futures derivative contracts as a part of implementing these strategies. The Fund may invest up to 100% or more of its net assets in foreign equities. The Fund will engage in physical short sales and/or borrowing for investment purposes. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | EHF600F |
| Equity Style | Small Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Equity Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Equity |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | EHP Funds |
| Prospectus Benchmark Index | |
| MSCI World NR CAD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Not Disclosed | 4.56 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-23-23) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | -- |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of February 28, 2023
Fund Details
| Key Dates | |
| Inception Date | 8/10/2018 |
| Last Annual Report Date | 12/31/2021 |
| Last Prospectus Date | -- |
| Share Classes | |
| EHF600F | Fee-based Advice |
| EHF600UF | Fee-based Advice |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |