Formula Growth (FGL001)
115.26
-7.43
(-6.06%)
CAD |
Mar 31 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.82% | 174.27M | 0.41% | 43.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -8.522M | 15.43% |
Basic Info
| Investment Strategy | |
| The investment objective of the Fund is to obtain long term capital appreciation. The fund tends to invest in a highly specialized niche market in a consistent and disciplined approach. The manager of the fund believes that success in the stock market is derived from the early identification of companies exhibiting rapid and consistent growth in earnings per shares. The Fund does not restrict investments only to small companies as it is growth that is the critical ingredient in the investment philosophy. In some instances large companies experience renewed or sustained periods of rapid earnings growth which can result in good investment opportunities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | Mid Cap Growth |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US Sm&Mid Cap |
| Peer Group | U.S. Small/Mid Cap Equity |
| Global Macro | Equity North America |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Formula Growth |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
39
-96.59M
Peer Group Low
35.13M
Peer Group High
1 Year
% Rank:
45
-8.522M
-1.003B
Peer Group Low
344.03M
Peer Group High
3 Months
% Rank:
44
-313.99M
Peer Group Low
128.15M
Peer Group High
3 Years
% Rank:
66
-1.804B
Peer Group Low
923.94M
Peer Group High
6 Months
% Rank:
47
-509.99M
Peer Group Low
182.68M
Peer Group High
5 Years
% Rank:
65
-2.346B
Peer Group Low
1.014B
Peer Group High
YTD
% Rank:
44
-313.99M
Peer Group Low
128.15M
Peer Group High
10 Years
% Rank:
68
-2.346B
Peer Group Low
1.231B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 30, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 11.62% |
| Stock | 88.54% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.16% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Cash and Cash Equivalents
|
11.62% | -- | -- |
| Micron Technology, Inc. | 6.84% | 517.56 | 2.63% |
| Ryanair Holdings Plc | 3.37% | 53.93 | -0.90% |
| XPO, Inc. | 2.34% | 216.59 | -2.44% |
| SS&C Technologies Holdings, Inc. | 2.27% | 69.47 | 0.54% |
|
Fabrinet Co Ltd
|
2.18% | -- | -- |
| Axos Financial, Inc. | 1.98% | 94.95 | -3.98% |
| HCA Healthcare, Inc. | 1.75% | 434.86 | 0.68% |
| CoStar Group, Inc. | 1.71% | 34.12 | -5.12% |
| Lindblad Expeditions Holdings, Inc. | 1.69% | 17.68 | -1.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 25000.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The investment objective of the Fund is to obtain long term capital appreciation. The fund tends to invest in a highly specialized niche market in a consistent and disciplined approach. The manager of the fund believes that success in the stock market is derived from the early identification of companies exhibiting rapid and consistent growth in earnings per shares. The Fund does not restrict investments only to small companies as it is growth that is the critical ingredient in the investment philosophy. In some instances large companies experience renewed or sustained periods of rapid earnings growth which can result in good investment opportunities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | Mid Cap Growth |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US Sm&Mid Cap |
| Peer Group | U.S. Small/Mid Cap Equity |
| Global Macro | Equity North America |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Formula Growth |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (3-31-26) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 85 |
| Stock | |
| Weighted Average PE Ratio | 35.29 |
| Weighted Average Price to Sales Ratio | 4.775 |
| Weighted Average Price to Book Ratio | 5.407 |
| Weighted Median ROE | 295.1% |
| Weighted Median ROA | 3.46% |
| ROI (TTM) | 4.01% |
| Return on Investment (TTM) | 4.01% |
| Earning Yield | 0.0392 |
| LT Debt / Shareholders Equity | 2.307 |
| Number of Equity Holdings | 81 |
As of December 31, 2025
Growth Metrics
| EPS Growth (1Y) | 37.89% |
| EPS Growth (3Y) | 17.40% |
| EPS Growth (5Y) | 17.29% |
| Sales Growth (1Y) | 15.13% |
| Sales Growth (3Y) | 15.52% |
| Sales Growth (5Y) | 13.70% |
| Sales per Share Growth (1Y) | 12.28% |
| Sales per Share Growth (3Y) | 13.18% |
| Operating Cash Flow - Growth Rate (3Y) | 23.98% |
As of December 31, 2025
Fund Details
| Key Dates | |
| Launch Date | 6/1/1960 |
| Last Annual Report Date | 12/31/2024 |
| Last Prospectus Date | -- |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FGL001.TO", "name") |
| Broad Asset Class: =YCI("M:FGL001.TO", "broad_asset_class") |
| Broad Category: =YCI("M:FGL001.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:FGL001.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |