Returns
The tables below show the after-fee returns of our Dynamic and Defensive strategies.
DYNAMIc
Defensive
Annualized Returns as of June 30, 2026
| 1 yr | 2 yrs | 3 yrs | 4 yrs | 5 yrs | |
|---|---|---|---|---|---|
| Dynamic Strategy | 65.5% | 42.5% | 32.4% | 27.5% | 21.2% |
| Benchmark (2/3 S&P 500 + 1/3 S&P TSX) | 29.3% | 23.8% | 23.6% | 22.3% | 16.1% |
| Added Value | 36.2% | 18.7% | 8.8% | 5.2% | 5.1% |
| 1 yr | 2 yrs | 3 yrs | 4 yrs | 4.5 yrs | |
|---|---|---|---|---|---|
| Defensive Strategy | 21.0% | 21.7% | 21.8% | 20.0% | 15.1% |
| Benchmark (MSCI World – Net) | 26.2% | 20.9% | 22.0% | 21.9% | 13.9% |
| Added Value | -5.1% | 0.8% | -0.3% | -1.9% | 1.3% |
Calendar Year Returns
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Dynamic Strategy | 39.4% | 23.2% | 37.9% | 2.0% | 3.4% | 31.8% |
| Benchmark | 13.2% | 18.6% | 31.4% | 19.2% | -10.0% | 27.2% |
| Added Value | 26.2% | 4.7% | 6.5% | -17.2% | 13.5% | 4.6% |
| 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Defensive Strategy | 9.4% | 15.8% | 35.1% | 16.3% | -5.3% |
| Benchmark | 13.5% | 15.4% | 29.4% | 20.5% | -12.2% |
| Added Value | -4.1% | 0.4% | 5.7% | -4.2% | 6.9% |
Investment returns presented above are provided in Canadian $ and are calculated net of management fees and transaction costs. Returns are annualized for periods longer than one year and are calculated on a total return basis which includes income and capital gains (losses). Returns do not factor any income taxes payable by the client. Past performance is no indication of future.