The investment objective of the Fund is to provide a stable source of income through an actively managed, diversified portfolio of predominately North American fixed income, debt, debt-like and preferred share securities.
The Fund’s portfolio is designed to preserve capital by primarily being invested in investment-grade issuers
What is the investment objective of the KJH Technology & Growth Fund?
What does the KJH Technology & Growth Fund invest in?
The Fund invests predominantly in equities, mostly on the long side, although strategic shorts may be used to generate alpha. The Fund will have some derivatives exposure from time to time as well. It will invest in companies outside of the traditional technology sector, as well as within it. The Fund is agnostic regarding enterprise value and market capitalization.
Why this asset mix?
Markets are generally quick to price technological advances, but they are not as quick to consider the implications of these technological advances, particularly in companies not traditionally associated with the tech sector.
What is the role of the KJH Technology & Growth Fund in a portfolio?
This Fund is intended to add value relative to a broad-based equity portfolio. In the KJH suite of Funds, this is the investment mandate that is most likely to take a position in some of the early-stage companies that grow quickly, and make up a disproportionate share of the overall market growth. The intention is that the Fund shows a low correlation to broad-market returns.
The Fund is available to clients of Harbourfront Wealth Management Inc. (“Harbourfront”), as outlined in the fund regulation documents. Harbourfront is an affiliate of Willoughby Asset Management Inc. (the “Fund Manager”), the principal selling agent of The Fund and receives fees for its advisory services as detailed in the Fund Regulation document. Investors may purchase The Fund through Harbourfront or other third-party selling agents retained by the Fund Manager. The Fund Manager is responsible for the KJH Technology & Growth Fund (“The Fund”) regulatory compliance, fund operations, business and administrative matters. The Portfolio Managers (“The PMs”) for The Fund, are part of a wealth management team at Harbourfront called KJH Investors. The PMs are responsible for investment decisions for The Fund, including but not limited to, investment strategy, portfolio construction, security selection, asset allocation, performance reporting and benchmark selection.
This information transmitted is intended to provide general guidance on matters of interest for the personal use of the reader who accepts full responsibility for its use, and is not to be considered a definitive analysis of the law and factual situation of any particular individual or entity. As such, it should not be used as a substitute for consultation with a professional accounting, tax, legal or other professional advisor. Laws and regulations are continually changing and their application and impact can vary widely based on the specific facts involved and will vary based on the particular situation of an individual or entity. Prior to making any decision or taking any action, you should consult with a professional advisor. The comments and information pertaining to The Fund are not to be construed as a public offering of securities in any jurisdiction of Canada. The offering of units of The Fund is made pursuant to the Fund Regulation document and only to investors who qualify as accredited investors as defined under National Instrument 45-106. Important information about The Fund is contained in the Fund Regulation document available through the Fund Manager. Management fees, performance fees and expenses all may be associated with investments in The Fund. Investments in The Fund are not guaranteed, the values change frequently and past performance may not be repeated. Unit values and investment returns will fluctuate and there is no assurance that The Fund can maintain a specific net asset value. Harbourfront has relationships with related and /or connected issuers, which may include the securities or funds discussed in this document and are disclosed in the Harbourfront Relationship Disclosure document and the Statement of Policies Regarding Related and Connected Issuers, which can be accessed at harbourfrontwealth.com.