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Details
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Inception date
Oct 11, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Tralucent Asset Management, Inc.
ISIN
CA89300V1013
CUSIP
89300V101
FIGI
BBG01K57L811
Identifiers
ISIN CA89300V1013
The fund utilizes a long/short strategy on a basket of exchange-traded securities from around the globe. The fund invests in equities, although it may also purchase other securities including bonds. On the long side, the fund may leverage up to 10% of its net assets. The fund shorts securities and writes naked calls to earn some premium income, potentially shorting up to 50% of its net assets. A fundamental, bottom-up approach is employed by the fund adviser to make investment decisions. The resulting long portfolio consists of over 100 securities, while the fund shorts dozens of names to ensure diversification. The fund has a net long exposure. The aggregate amount of cash borrowing, shorts, and derivatives used for non-hedging purposes will not exceed 300% of the fund's NAV.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stocks102.99%
Finance25.68%
Electronic Technology22.70%
Technology Services20.47%
Consumer Services7.29%
Retail Trade6.30%
Producer Manufacturing4.33%
Commercial Services3.22%
Health Technology3.10%
Transportation2.20%
Health Services1.61%
Distribution Services1.22%
Consumer Non-Durables0.64%
Consumer Durables0.56%
Process Industries0.14%
Communications0.09%
Bonds, Cash & Other−2.99%
Cash0.46%
Miscellaneous0.00%
Rights & Warrants−3.45%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
TGAF top holdings are NVIDIA Corporation and Broadcom Inc., occupying 8.30% and 7.02% of the portfolio correspondingly.
TGAF assets under management is 34.68 M CAD. It's fallen 0.78% over the last month.
TGAF fund flows account for 6.66 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, TGAF doesn't pay dividends to its holders.
TGAF shares are issued by Tralucent Asset Management, Inc. under the brand Tralucent. The ETF was launched on Oct 11, 2023, and its management style is Active.
TGAF expense ratio is 1.19% meaning you'd have to pay 1.19% of your investment to help manage the fund.
TGAF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TGAF invests in stocks.
TGAF price has fallen by −0.36% over the last month, and its yearly performance shows a 12.27% increase. See more dynamics on TGAF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.91% over the last month, have fallen by −0.91% over the last month, showed a 6.90% increase in three-month performance and has increased by 12.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.91% over the last month, have fallen by −0.91% over the last month, showed a 6.90% increase in three-month performance and has increased by 12.23% in a year.
TGAF trades at a premium (0.62%) meaning the ETF is trading at a higher price than the calculated NAV.