Results as of 2023-09-22
Evovest Global Equity Strategy aims to create superior returns in CAD when compared to a passive equal weighted portfolio of the world’s largest market capitalizations over a complete market cycle.
The underlying strategy relies on the automation and enhancement of the fundamental investment process of a portfolio manager, using artificial intelligence (AI).
The Fund presents a medium risk profile through diversification by design, with a volatility similar or lower to its benchmark, by taking positions in more than 100 constituents spread across the globe, namely the USA, Canada, Europe, Japan, Hong Kong and Singapore & Australia.
| Evovest | Benchmark | |
|---|---|---|
| Annualized return | 9.8% | 5.6% |
| Alpha | 4.2% | NA |
| Annualized std | 13.4% | 14.2% |
| Reward / Risk | 0.73 | 0.39 |
| Max drawdown | -16.8% | -19.9% |
| Tracking error | 5.0% | NA |
| Beta | 0.88 | 1.00 |
| Evovest | Benchmark | |
|---|---|---|
| Last Week | -3.0% | -3.0% |
| MTD | -4.3% | -3.8% |
| QTD | -3.1% | -1.2% |
| YTD | 1.3% | 5.2% |
| TTM | 13.4% | 17.0% |
| Last 3Y Annualized | 10.1% | 6.3% |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 2.9% | 2.0% | 0.8% | -2.4% | 3.2% | 1.8% | -0.8% | 1.1% | 1.6% | 2.6% | 0.2% | 13.4% | |
| 2020 | 0.7% | -7.2% | -10.3% | 7.7% | 4.8% | 4.6% | 0.2% | 4.1% | 0.3% | -2.3% | 9.9% | 4.6% | 16.2% |
| 2021 | 0.6% | 3.8% | 1.1% | 2.5% | -0.6% | 1.8% | 0.9% | 3.6% | -2.5% | 2.7% | -0.7% | 4.0% | 18.4% |
| 2022 | -5.7% | -0.3% | 1.6% | -3.2% | -0.7% | -6.0% | 7.1% | 0.6% | -4.7% | 1.4% | 11.3% | -0.9% | -0.9% |
| 2023 | 5.8% | -1.2% | 1.4% | 1.4% | -5.0% | 2.3% | 1.9% | -0.6% | -4.3% | 1.3% |
The returns presented are in CAD and include transaction costs but exclude management and operating fees. Past performance is not indicative of future results.