Private wealth
Investment management services for investment firms, investment advisors, family offices, and financial planners: corporate accounts • trusts • estates • individuals
Triasima partners with third-party wealth management firms to serve their high net worth clients. These alliances allow retail clients to benefit from Triasima’s exclusive investment approach while securing their relationship with the referring investment advisors and firms.
Strategies
Triasima Canadian Long/Short Equity
As of September 30, 2018
Investment Objective
The Triasima Canadian Long Short Strategy invests in Canadian equity securities and income trusts. Its investment objective is to generate a superior return to a performance benchmark consisting of 75% of 3- month Treasury Bill return + 25% of S&P/TSX Index return. Two secondary objectives are: 1) Outperform the S&P/TSX Composite Index over the long term (four years and longer) with less volatility than this index and a low correlation to the index and 2) Generate absolute returns over periods of eighteen months and longer.Investment Approach
Since 1998, the team of investment professionals at Triasima have employed their proprietary research process that uses a multi-disciplined methodology called the “Three Pillar Approach” to provide consistent and stable returns to their clients regardless of market conditions.| Available under | Pooled fund |
| Inception date | June 30, 2000 |
| Investment approach | Triasima Three-Pillar Approach |
| Type of holdings | Equity securities of Canadian companies |
| Number of holdings | Long positions: 35-120 Short positions: 15-80 |
| Benchmark | 75%: 3-month T-Bill plus 25%: S&P/TSX Composite Index |
As of September 30, 2018
Portfolio structure
| Number of Longs | 46 |
| Number of Shorts | 35 |
| Long Value/Market Value | 118% |
| Short Value/Market Value | 77% |
| Short/Long | 65% |
| Gross Exposure | 195% |
Sector allocation
As of September 30, 2018. Investment performance is from a composite of identical mandates.
Actual returns may differ slightly depending on the investment vehicle under which the strategy is applied.
Actual returns may differ slightly depending on the investment vehicle under which the strategy is applied.
Gross returns
| Monthly performance | Annual performance | ||||||||||||||
| YEAR | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Triasima | Indice/Index | S&P/TSX Composite |
| 2002 | 1.03 | 2.01 | 3.89 | 0.51 | 10.10 | -1.32 | -2.24 | 3.80 | -0.24 | -6.37 | -8.37 | 2.61 | 4.2 | -1.6 | -12.4 |
| 2003 | 0.77 | 2.92 | -1.11 | -1.13 | -1.74 | -1.20 | 2.40 | 3.18 | 4.23 | 5.94 | 1.65 | 2.60 | 19.8 | 8.1 | 26.7 |
| 2004 | 2.80 | 3.81 | 1.04 | -4.29 | -0.05 | 2.83 | 1.01 | 0.04 | 0.43 | 0.57 | 5.66 | 3.37 | 18.3 | 4.8 | 14.5 |
| 2005 | 0.29 | 11.23 | -2.51 | -0.57 | 0.22 | 1.44 | 6.44 | 2.69 | 0.41 | -4.93 | 0.91 | 5.82 | 22.5 | 7.2 | 24.1 |
| 2006 | 9.28 | -4.66 | 5.76 | 2.99 | -1.21 | -2.73 | -0.28 | 1.51 | -2.60 | 2.83 | 4.59 | 6.14 | 22.8 | 6.6 | 17.3 |
| 2007 | 3.26 | 4.24 | 3.27 | 0.09 | 3.76 | 0.08 | 1.13 | -3.16 | -0.21 | 5.44 | -3.29 | 1.20 | 16.5 | 5.0 | 9.8 |
| 2008 | -7.32 | 4.29 | 1.38 | 2.09 | 4.41 | 14.26 | -6.84 | -2.84 | -1.34 | 7.80 | -2.52 | -0.78 | 6.6 | -7.2 | -33.0 |
| 2009 | -0.10 | -4.82 | -2.78 | -8.46 | 0.47 | 0.60 | 0.33 | -1.06 | 1.95 | 0.19 | 4.53 | 1.56 | -7.9 | 7.8 | 35.1 |
| 2010 | -5.19 | 2.65 | 4.49 | 1.65 | -0.20 | -1.77 | -0.86 | 3.12 | -3.66 | 0.23 | 2.70 | 0.88 | 3.6 | 3.9 | 17.6 |
| 2011 | -0.94 | 4.56 | 0.92 | 0.29 | 1.46 | -0.92 | -0.92 | -0.78 | 1.21 | 0.04 | 3.35 | -1.32 | 7.0 | -2.0 | -8.7 |
| 2012 | -5.07 | 0.05 | -0.22 | -0.22 | -1.56 | -0.26 | -0.73 | -1.56 | -1.66 | 0.93 | 0.30 | -0.38 | -8.7 | 1.8 | 7.2 |
| 2013 | 3.66 | 2.79 | 1.06 | 3.96 | 1.08 | -0.13 | -0.67 | -0.28 | 4.59 | 4.40 | 4.36 | 0.46 | 29.8 | 3.2 | 13.0 |
| 2014 | -2.02 | 4.35 | 1.40 | 2.36 | -0.64 | 3.35 | -2.28 | -0.03 | -5.82 | -3.00 | -2.22 | 2.17 | -2.8 | 2.6 | 10.6 |
| 2015 | 0.37 | 1.15 | 3.07 | -3.16 | 1.55 | 0.89 | 8.19 | -0.35 | 3.87 | -3.74 | 3.23 | 1.73 | 17.5 | -2.3 | -8.3 |
| 2016 | -1.75 | -1.06 | -3.86 | 0.42 | 1.23 | 3.25 | 1.53 | -3.97 | 0.14 | -2.67 | -2.23 | -2.53 | -11.2 | 4.6 | 21.1 |
| 2017 | 0.36 | -2.88 | 2.12 | 0.27 | -1.88 | -0.67 | -1.10 | 0.49 | 0.48 | 2.16 | 5.67 | -3.07 | 1.7 | 2.0 | 9.1 |
| 2018 | 2.61 | 0.33 | -1.92 | 0.29 | 6.78 | -0.24 | -2.48 | 0.21 | -1.85 | 3.5 | 0.5 | 1.4 | |||
Annualized returns
| 3 months | YTD | 1 year | 2 years | 3 years | 5 years | 10 years | Inception | |
| Triasima | -4.1 | 3.5 | 8.3 | -1.2 | -1.9 | 3.1 | 3.0 | 9.2 |
| S&P/TSX | -0.6 | 1.4 | 5.9 | 7.5 | 9.7 | 7.8 | 6.3 | 5.1 |
Performance and Risk Statistics
| Annualized Compound return (%) | Annualized Alpha (%) | Monthly Correlation (%) | Beta | Annualized Standard Deviation (%) | Annualized Shape Ratio | Max Drawdown (%) | Worst Month (%) | Best Month (%) | |
| Triasima | 9.1 | 11.7 | 0.7 | -21.2 | -8.5 | 14.3 | |||
| Indice/Index | 2.3 | 9.0 | 9.4 | 0.33 | 3.3 | 0.4 | -11.7 | -4.1 | 3.0 |
| S&P/TSX | 5.0 | 9.4 | 8.2 | 0.07 | 13.2 | 0.3 | -43.3 | -16.7 | 11.5 |
July 2000 to September 2018
Investment performance is shown before management fees, performance fees and expenses and is annualized for periods over one year. Investment performance is from a composite of identical mandates. Future investment results will differ from past results.