COVINGTON VENTURE NEW GEN BIOTECH BAL V

 (MUTF_CA:CIG460)   Watch this mutual fund  
Find more results for Kelly Covington

Performance

Trailing returns

1 day   +3.94%
   
1 week   +3.94%
   
4 week
   
-27.96%  
3 month
   
-26.20%  
YTD
   
-27.70%  
1 year
   
-44.44%  
3 years*
   
-10.51%  
5 years*
   
-7.02%  
*annualized
Best 3 month return+44.85%  
Worst 3 month return-28.75%  

Morningstar statistics

Morningstar category: Retail Venture Capital

Key statistics

Total assets5.55M 
Front load-  
Deferred load-  
Expense ratio-  
Management fee1.15%  
Fund familyCovington Group of Funds 

Asset allocation

Cash0.42%  
Stocks18.33%  
Bonds62.91%  
Preferred18.33%  
Other0.00%  

Purchase information

InitialCA$500  
AdditionalCA$50  
IRA InitialCA$500  
4.67+0.18(3.94%)
May 23, 4:30PM EDT

Description

Creation of long-term capital appreciation driven by investments in select small to medium-sized Canadian enterprises. Investments are made only in businesses that are considered high-growth investment opportunities primarily inaccessible through the public market. These investments are primarily done via equity and convertible structures in order to maximize long-term potential. In addition, the investment objective of the Fund is to return investors' capital by paying to them an amount equal to the subscription price paid for the Class A shares on or about December 30th, 2011.
Asset managers:
Kelly Holman (Started: Mar 1, 2001)
Kent Plumley (Started: Mar 1, 2001)
Damian Lamb (Started: Mar 1, 2001)
Advisor Company:
Covington Capital Corporation
200 Front Street West, Suite 3003, PO Box 1
416 365 9822 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -43.32 -6.43 -3.10 -6.34
Beta* -0.43 -0.27 -0.10 -0.09
Mean annual return -4.32 -0.48 -0.33 -0.43
R-squared* 1.33 1.52 0.33 0.75
Standard deviation 33.53 32.64 26.12 19.36
Sharpe ratio -1.57 -0.20 -0.18 -0.36
* Against standard index

Top 10 holdings

Security Net Assets  
Toronto Dominion Bk 62.91%  
Disc. Dist. Biotech Cl A 18.33%  
Ottawa Biotechnology 18.33%