The fundamental investment objective of the Fund is to create a low to medium risk solution that provides above average risk adjusted returns. The Fund will primarily invest in Canadian and foreign securities listed on North American stock exchanges, including individual equities, bonds and exchange traded funds (“ETFs”). In addition, third party fund managers may be used through their institutional offerings to diversify management style and include hedging opportunities.
The Fund is a complete diversified portfolio solution. To create diversification from traditional equity and fixed income securities third party funds may include those that employ alternative investment management strategies and hedge funds. The individual and ETFs securities are listed exclusively on North American stock exchanges and are consistent with the Fund’s investment policies and restrictions set forth in the Offering Memorandum under “Investment Policies and Restrictions”. Investments in equity and ETF securities are not restricted by market sector, market capitalization or liquidity.
From time to time, the Manager may sell securities short, implement pairs trading strategies, invest in derivatives and may use leverage. The Fund, whether long, short or through derivatives, will primarily invest in securities of issuers listed on stock exchanges. The Fund may also hold any portion of its assets in cash or short-term money market investments as is determined necessary or advisable from time to time.