Quantitative Canadian Equity

Strategy Updates

Formerly: Canadian Equity Low Beta

Strategy Overview

Strategy Description

Systematic investment process that focuses on identifying mid-to-large cap firms with robust attributes reflecting a balance of defensive risk traits, disciplined capital allocation and strong fundamentals through a concentrated portfolio of 35 stocks. The team works on identifying high-conviction low beta stocks that offer stability and upside potential, aiming to deliver measured equity participation while limiting exposure to downside risk, ensuring the portfolio remains defensively positioned yet responsive to emerging opportunities. Our rigorous quantitative process is designed to isolate these alpha sources using market, fundamental, behavioral and forecast factors. This active process is built to generate repeatable risk-adjusted outperformance through a disciplined and systematic process.

Key Differentiators

Close-Knit experienced quantitative team
Systematic, disciplined and robust portfolio construction process geared towards extracting repeatable risk adjusted outperformance in mid-to-large cap stocks
Aims to maximize risk adjusted returns over full market cycle
Defensive stance providing smoother returns during volatile market periods, reducing the emotional and financial stress of large portfolio swing
This strategy aims to reduce losses during adverse market conditions, preserving more capital for future growth

Highlights

								Inception Date
								December 1, 2017
							

								Assets Under Management ($M)
								$100 (As of December 31, 2025)
							

								Price
								$11.2098 (As of May 12, 2026)
							

								Last Distribution Paid ($)
								$0.0264 (March 31, 2026)
							

								Style
								Active, Quantitative factor
							

								Process
								Systematic, Bottom-Up
							

								Rebalancing
								Market-Based Selection
							

								Number of holdings
								35 to 60 stocks
							

Performance (%)

Annual Performance

	Q1 2026	YTD - 2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Canadian Equity Low Beta Composite	-0.23	-0.23	21.86	22.06	11.65	0.22	18.89	4.13	25.77	-2.61	-	-
S&P/TSX Index	3.94	3.94	31.68	21.65	11.75	-5.84	25.09	5.60	22.88	-8.89	-	-
Value Added	-4.17	-4.17	-9.82	0.41	-0.10	6.06	-6.20	-1.47	2.89	6.28	-	-

Q1 2026
	%
Canadian Equity Low Beta Composite	-0.23
S&P/TSX Index	3.94
Value Added	-4.17

YTD - 2026
	%
Canadian Equity Low Beta Composite	-0.23
S&P/TSX Index	3.94
Value Added	-4.17

2025
	%
Canadian Equity Low Beta Composite	21.86
S&P/TSX Index	31.68
Value Added	-9.82

2024
	%
Canadian Equity Low Beta Composite	22.06
S&P/TSX Index	21.65
Value Added	0.41

2023
	%
Canadian Equity Low Beta Composite	11.65
S&P/TSX Index	11.75
Value Added	-0.10

2022
	%
Canadian Equity Low Beta Composite	0.22
S&P/TSX Index	-5.84
Value Added	6.06

2021
	%
Canadian Equity Low Beta Composite	18.89
S&P/TSX Index	25.09
Value Added	-6.20

2020
	%
Canadian Equity Low Beta Composite	4.13
S&P/TSX Index	5.60
Value Added	-1.47

2019
	%
Canadian Equity Low Beta Composite	25.77
S&P/TSX Index	22.88
Value Added	2.89

2018
	%
Canadian Equity Low Beta Composite	-2.61
S&P/TSX Index	-8.89
Value Added	6.28

2017
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

2016
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

Annualized as at March 31, 2026

	1 Y	2 Y	3 Y	4 Y	5 Y	6 Y	7 Y	8 Y	9 Y	10 Y	SI
Canadian Equity Low Beta Composite	16.70	18.85	16.32	11.91	13.21	16.05	12.66	12.42	-	-	11.71
S&P/TSX Index	34.83	24.96	21.18	13.97	15.19	19.59	14.05	13.29	-	-	12.26
Value Added	-18.13	-6.11	-4.86	-2.06	-1.98	-3.54	-1.39	-0.87	-	-	-0.55

1 Y
	%
Canadian Equity Low Beta Composite	16.70
S&P/TSX Index	34.83
Value Added	-18.13

2 Y
	%
Canadian Equity Low Beta Composite	18.85
S&P/TSX Index	24.96
Value Added	-6.11

3 Y
	%
Canadian Equity Low Beta Composite	16.32
S&P/TSX Index	21.18
Value Added	-4.86

4 Y
	%
Canadian Equity Low Beta Composite	11.91
S&P/TSX Index	13.97
Value Added	-2.06

5 Y
	%
Canadian Equity Low Beta Composite	13.21
S&P/TSX Index	15.19
Value Added	-1.98

6 Y
	%
Canadian Equity Low Beta Composite	16.05
S&P/TSX Index	19.59
Value Added	-3.54

7 Y
	%
Canadian Equity Low Beta Composite	12.66
S&P/TSX Index	14.05
Value Added	-1.39

8 Y
	%
Canadian Equity Low Beta Composite	12.42
S&P/TSX Index	13.29
Value Added	-0.87

9 Y
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

10 Y
	%
Canadian Equity Low Beta Composite	-
S&P/TSX Index	-
Value Added	-

SI
	%
Canadian Equity Low Beta Composite	11.71
S&P/TSX Index	12.26
Value Added	-0.55

Past performance is not a guarantee or indicator of future results. Inherent in any investment is the risk of loss.

Composite returns, presented gross of management fees

Investment Team

Michael Lavigne MSc, FRM, CIM

Senior Managing Director, Public Markets Platform

Montreal

View profile

The SIS team combines expertise and experience in financial engineering, trading and execution to deliver superior client outcomes and service.

Documents

Strategy Profile

Disclaimer

Please read the simplified prospectus before investing. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this fund is a suitable investment for them.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns.