excerpt from Seeking Alpha article
If there’s one clear outlier here it’s that Canada and biotech are two niche segments that funds like these are focusing on right now. The simple fact that so much of the investment dollars are weighted toward these ultimately begs the question of why not start paying attention. Right now there are other publicly traded companies that have taken the “fund approach” without forming into a formal ETF. Take, for instance, Rockshield Capital Corp (OTCPK:CRUOF).
It was founded in 2007 and has recently found itself investing into some of Canada’s emerging small cap companies including several public and pre-IPO businesses. The company has made a total of 20 investments so far with a “cash and investments” value of $15 million.
The company’s most recent investments include companies in the cryptocurrency & blockchain, neuro-science, and cannabis industries. The majority of their recent investments, however has much more of a focus on cannabis companies.