AlphaNorth Asset Management – Winner of the 1st prize for performance over 5 years


October 19, 2021 6:01 PM EDT


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Toronto, Ontario – (Newsfile Corp. – October 19, 2021) – AlphaNorth Asset Management won three awards at the 14e Annual Canadian Hedge Fund Awards. The AlphaNorth Partners fund won 1st place for the “Best annualized return over 5 years” (June 30, 2016 – June 30, 2021) for its flagship hedge fund, the AlphaNorth Partners fund. The AlphaNorth Partners Fund achieved annualized returns of 40.3% over the 5-year period against its benchmark, the S & P / TSX Growth Index, which returned 5.6% on the same period. The AlphaNorth Partners fund also received 2sd place for the “Best annualized return over 3 years” and 3rd place for “Best one-year return”.

Steve Palmer, Chief Investment Officer and Portfolio Manager of AlphaNorth, said: “It is gratifying to be recognized as the best Canadian hedge fund for its superior performance over 5 years, in addition to the outstanding performance over the shorter periods. one and three years. We take a long-term perspective and encourage our investors not to sweat the short-term volatility that can be high in the small-cap space. AlphaNorth’s investment philosophy focuses on maximizing returns for our long-term investors rather than minimizing short-term volatility.

“AlphaNorth’s success is built on investing in small caps which have historically significantly outperformed all other asset classes,” said Joey Javier, Managing Partner.

Launched in December 2007, the AlphaNorth Partners Fund is a long-term, small-cap hedge fund with a primary focus on Canadian companies. The investment objective is to achieve industry-leading long-term capital growth through superior selection of primarily Canadian securities. AlphaNorth believes that superior long-term returns can be achieved by exploiting the inefficiencies of the Canadian small-cap universe through careful stock selection on both a long and short basis. The company combines both a bottom-up and top-down strategy in selecting investments with the best risk / return characteristics. AlphaNorth uses a variety of technical analysis techniques, which have proven to be effective, to help synchronize buy / sell decisions. The AlphaNorth Partners fund is accessible to qualified investors.

To learn more about AlphaNorth Asset Management, contact [email protected] or by visiting www.alphanorthasset.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100232


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