CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Two Canoe Financial LP (“Canoe Financial”) Funds were recognized with a total of five awards for absolute and risk-adjusted returns at the Alternative IQ 2024 Canadian Hedge Fund Awards in Toronto.
Canoe Energy Alpha Fund LP
- 1st place 3-year return Equity Focused Fund
- 1st place 5-year return Equity Focused Fund
- 3rd place 3-year Sharpe Ratio Equity Focused Fund
Canoe Global Private Equity Fund
- 3rd place 1-year return Private Equity Fund
- 3rd place 3-year return Private Equity Fund
About Canoe Financial
Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing over $18 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.
About Alternative IQ
Alternative IQ produces the annual Canadian Hedge Fund Awards program and its presentation events held in Toronto each autumn (performance as at June 30th), the annual CHFA Winners Showcase Investor Conferences which present managers of award-winning hedge funds to investors, and various other programs and publications serving the hedge fund industry in Canada. Alternative IQ is dedicated to celebrating, supporting and expanding Canada's Hedge Fund Industry. AIQ is a division of Alliance Sales and Marketing, Inc.
The Canadian Hedge Fund Awards are based on performance up to June 30. The Canadian Hedge Fund Awards measurements for each category are: Best 3-year and 5-year returns; Best 3-year Sharpe Ratio. The Canadian Hedge Fund Awards are quantitative, based on performance data, collected and tabulated by Fundata. Eligibility requirements for hedge funds to be considered for a Canadian Hedge Fund Award are that the fund: must be domiciled in Canada; must have a track record of at least 1 year to June 30; must have a minimum $10 million in AUM; and must be in Canadian dollars. For more information, see alternativeiq.com.
Contact
Investor Relations
1–877–434–2796
info@canoefinancial.com
Canoe Energy Alpha Fund LP is offered pursuant to an offering memorandum and are only available to investors who meet certain eligibility or minimum purchase amount requirements under applicable securities legislation. The offering memorandum contains important information about the Fund, including their investment objective and strategies, purchase options, applicable management fees, performance fees, other charges and expenses, and should be read carefully before investing in the Fund. No person is authorized to give away any information or to make any representation not contained in the Offering Memorandum and any information or representation, other than that contained in the Offering Memorandum, must not be relied upon. The content herein is a summary only and should be read in conjunction with the Canoe Energy Alpha LP offering memorandum. Only the contents of the Offering Memorandum can be relied upon. The Canoe Energy Alpha Fund LP is only available for sale to investors who meet the definition of “accredited investor” or non-individuals who will be investing a minimum of $150,000 as set forth in National Instrument 45-106 Prospectus and Registration Exemptions. Investors also must be a resident of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Newfoundland or Quebec. There is a minimum subscription requirement of $25,000.
Canoe Global Private Equity Fund is a fund established as a unit trust under the laws of the Province of Alberta, formed to make private equity investments. The investment objective of the Fund is to invest in private equity funds and private companies that are diversified across geographies and industries. To this end, the Fund intends to invest substantially all its assets in Fiera Comox Global Private Equity Fund (Canada I) L.P., an Ontario limited partnership (the “Fiera Comox LP”), which holds a diversified portfolio of global corporate private equity investments, focusing on generating attractive absolute returns over the long-term while preserving capital. Although it is expected that that the Fund will invest directly in the Fiera Comox LP, some or all of the investment may be made through Fiera Global Private Equity Fund, a unit trust under the laws of the Province of Québec with the same investment objective as the Fund and which currently invests all or substantially all its assets in Fiera Comox LP. The Fund may also invest in other private equity funds, and other private securities, but is not expected to do so in the first 5 years. As a result, the Fund is intended for investors who are prepared to make a long-term commitment. The Fund is offered pursuant to an offering memorandum and is only available to investors who meet certain eligibility or minimum purchase amount requirements under applicable securities legislation. The offering memorandum contains important information about the Fund, including its investment objective and strategies, purchase options, applicable management fees, performance fees, other charges and expenses, and should be read carefully before investing in the Fund. No person is authorized to give away any information or to make any representation not contained in the Offering Memorandum and any information or representation, other than that contained in the Offering Memorandum, must not be relied upon. This presentation is a summary only and should be read in conjunction with the Canoe Global Private Equity Fund Offering Memorandum. Only the contents of the Offering Memorandum can be relied upon. Canoe Global Private Equity Fund is only available for sale to investors who meet the definition of “accredited investor” or non-individuals who will be investing a minimum of $150,000 as set forth in National Instrument 45-106 Prospectus and Registration Exemptions. There is a minimum subscription requirement of $25,000. Please contact us or consult the offering documents to determine your qualification status. Investment Advisors should consult their company’s internal policies.
