VANCOUVER, April 4, 2016 /CNW/ - AlphaDelta Funds is pleased to announce the launch of their newest investment product – AlphaDelta Tactical Growth Class Fund. This is the third mutual fund launch from AlphaDelta as they fulfill their mission to "Discover Great Investors" for Canadians.
The AlphaDelta Tactical Growth Class Fund is a non-traditional investment fund that seeks to provide exposure to mid-to-larger capitalization companies in North America. This fund will be managed by 23 year investment industry veteran Barry Hirowatari of Aventine Management Group. Mr. Hirowatari employs a proprietary tactical momentum strategy for selecting securities, as well as for setting sector and asset class weights. Applied rigorously, Mr. Hirowatari has a "hard wired" sell discipline to protect against periods of unusual volatility in the equity markets. Mr. Hirowatari has been managing this tactical growth strategy for 5 years.
The new fund joins two previous launches from AlphaDelta: The AlphaDelta Canadian Prosperity Class Fund, launched February 2015 and sub-advised by Chris Page of Laurus Investment Counsel, that promptly out performed its benchmark by more than 11% in its first 12 months; and the AlphaDelta Growth of Dividend Income Class Fund sub-advised by award-winning Dr. John Schmitz, CFA of SciVest Capital Management. Dr. Schmitz's focus is on investments that provide a "growing" annual dividend income stream opposed to the typically constrained fixed income investment.
"We are really excited to be adding Barry and the fund he sub-advises to our line-up," said Victor Therrien, CEO of AlphaDelta. "That's the real coup here – a proven manager, a proven strategy and no one else is offering it as a mutual fund choice for Canadian investors."
AlphaDelta was started in 2014 by global mutual fund veteran Victor Therrien - a dyed-in-the-wool proponent of the value of actively managed investment funds who has spent the better part of his 30 year career focused on identifying best-in-class mutual fund managers around the world. He started AlphaDelta with the vision of bringing top quality, actively managed investment fund choices to Canadians. "Every Manager and every Fund will have a sweet spot in its evolution; our job is to find the Managers, create the Funds when they're in that sweet spot and then manage it effectively."
AlphaDelta has at least 3 more fund launches planned for 2016 and 2017.
About AlphaDelta Funds
AlphaDelta Funds with our affiliate partner Qwest Investment Fund Management Ltd. is headquartered in Vancouver, BC and operates throughout Canada. We believe in the value of actively managed investment portfolios. Our mission is simple: we are driven to Discover Great Investors for our clients.
Let us introduce you to some of our Great Investors. For Details about our funds and investment managers go to www.alphadelta.com or call our sales and customer service.
SOURCE AlphaDelta Funds
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For further information: www.alphadelta.com, AlphaDelta Sales 1.866 602-1142, Media Inquiries- Victor Therrien, Chief Executive Officer, AlphaDelta Funds, (778) 987-6417, firstname.lastname@example.org