Overview
The objective of the fund is to provide a positive net total return, regardless of market conditions or general market direction, with low correlation to North American equity and credit markets. The Fund uses alternative investment strategies, such as equity long/short, pairs trading, arbitrage trading, thematic trading, the use of derivatives for leverage and/or borrowing for investment purposes, and seeks to achieve its objectives by investing primarily in equities, ETFs, fixed income and listed options in North American markets. During normal market conditions, the Fund’s expected range of aggregate gross exposure is 100% to 150% times its net asset value.
Unique Attributes
Diversified North American securities of issuers of varying sizes of market capitalization
Long/short strategy using leverage and shorting to improve risk/return
Utilizes predominantly fundamental investment methodologies to identify and assess the investment merits of a given security, on an absolute basis and relative to the rest of the portfolio.
Fund Fact Sheet
Quick Facts
| Fund Type | Long/Short Equity |
| Start Date | Series A: April 24, 2019 Series F: April 24, 2019 |
| Fund Codes |
Series A: FOR100 Series F: FOR110 |
| Management Fees | Series A: 2.00% Series F: 1.00% |
| Performance Fee | 20% of net profit above the High-Water Mark no reset |
| Risk Level | Medium |
| Minimum Investment | $500 |
| Subsequent Investment | $100 |
| Systematic Purchases | $100 |
Disclaimer
Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. 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 security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The rate of return shown in the "Value of $10,000 investment" graph is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or returns on investment in the investment fund.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The information about the performance of the funds is not, and should not be construed to be, an indication about the future performance of the funds or any other portfolio advised by us. This information is presented solely for illustrative purposes and should not be construed as a forecast or projection. No assurance can be given that any portfolio advised by us will maintain similar performance as that depicted. References to market or composite indices, benchmarks, or other measures of relative market performance over a specified period of time are provided for your information only.
Alternative funds can only be purchased through a CIRO registered dealer and are available only in those jurisdictions where they may be lawfully offered for sale. This document is not intended to provide legal, accounting, tax or investment advice.