Results as of 2022-12-31
Evovest International Equity Strategy aims to create superior returns in CAD when compared to a passive equal weighted portfolio of the world’s largest market capitalizations excluding the United States 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 strategy 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 Canada, Europe, Japan, Hong Kong and Singapore & Australia.
| Evovest | Benchmark | |
|---|---|---|
| Annualized return | 7.3% | 2.1% |
| Alpha | 5.2% | NA |
| Annualized std | 17.8% | 19.0% |
| Reward / Risk | 0.41 | 0.11 |
| Max drawdown | -23.0% | -29.2% |
| Tracking error | 5.7% | NA |
| Beta | 0.89 | 1.00 |
| Evovest | Benchmark | |
|---|---|---|
| QTD | 17.7% | 15.2% |
| YTD | -9.3% | -16.4% |
| TTM | -9.3% | -16.4% |
| Last 3Y Annualized | 6.1% | -1.2% |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 1.5% | -0.1% | 0.4% | -4.3% | 6.1% | 0.2% | -2.3% | 3.0% | 2.1% | 0.6% | 3.0% | 10.3% | |
| 2020 | -1.5% | -7.5% | -12.6% | 6.4% | 5.9% | 4.5% | -0.1% | 8.1% | -0.5% | -2.9% | 10.5% | 6.8% | 15.5% |
| 2021 | 0.6% | 3.6% | 2.3% | 3.5% | 1.2% | -0.8% | 0.4% | 1.8% | -2.6% | 2.4% | -3.8% | 5.0% | 14.1% |
| 2022 | -5.7% | 0.1% | 0.7% | -5.4% | 1.6% | -9.1% | 6.3% | -4.1% | -9.0% | 0.2% | 15.0% | 2.1% | -9.3% |
The returns presented are in USD and include transaction costs but exclude management and operating fees. Past performance is not indicative of future results. The returns for the Evovest international equity equity strategy are derived from the Evovest global equity strategy and constructed using custodian reports and verified with a portfolio securities-based approach while using an independent financial software.