Last updated: November 1, 2024
How has Wealthsimple Private Equity performed?
January | February | March | April | May | June | July | August | September | Cumulative | |
Total return | 6.3% | 6.3% | 3.6% | 1.8% | 0.8% | 6.1% | 1.2% | -1.4% | 0.50% | 28.0% |
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Wealthsimple Private Equity returned 0.50% in September 2024. Since inception, that brings the fund's total returns to 28.0%. The performance is the result of the revaluation of an asset acquired at a discount.
How is the fund positioned?
The fund invests in an underlying fund managed by LGT, which consists of 800+ companies and represents 30+ underlying managers. It is globally diversified, with a focus on resilient industries. 46% of the LGT fund consists of direct investments in companies alongside other private equity funds, and 54% consists of investments in secondaries — funds that have already deployed their investments.
Portfolio overview
Industry exposures
Information Technology | 29% |
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Industrials | 24% |
Health Care | 22% |
Financials | 9% |
Consumer Discretionary | 9% |
Consumer Staples | 3% |
Communication Services | 2% |
Geographic exposures
US | 46% |
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Europe | 41% |
Global | 5% |
Asia | 8% |
As of August 31, 2024
Disclosures: Returns shown include all applicable fund management fees and performance fees, but excludes Wealthsimple's standard management fees for its advisory services. Past performance does not guarantee future results.
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