TORONTO, Nov. 29, 2013 /CNW/ - Aston Hill Asset Management Inc., the manager of Aston Hill Growth & Income Fund ("the "Fund"), is pleased to celebrate the 3 year track record of Portfolio Managers Andrew LB Hamlin and Vivian Lo (the "Portfolio Managers") managing the Fund. The Portfolio Managers took responsibility for managing the Fund on November 1, 2010 and since that time have generated an annualized compound rate of return of 11.1% with volatility of just 6.5%, significantly outperforming its benchmark.*
The Portfolio Managers' current investment approach is to deliver a balanced income Fund by investing in both North American equity and high yield bonds. The Portfolio Managers benefit from the advantages of a smaller fund size and flexible investment strategy, allowing them to focus on delivering capital preservation and long-term risk-adjusted returns. To learn more about the Fund, click here.
Aston Hill Asset Management Inc., the manager of the Fund, is a wholly-owned subsidiary of Aston Hill Financial Inc. (TSX: AHF). Aston Hill Financial Inc. is a diversified asset management company with a suite of retail mutual funds, closed end funds, private equity funds, hedge funds and segregated institutional funds. Aston Hill Financial has offices in Calgary, Toronto and Halifax.
*Performance for the Fund as at October 31, 2013: 1 year = 15.4%, 5 year = 15.2%, Since Inception (Feb. 4, 2008) = 6.7%. The benchmark for the Fund is the S&P/TSX Composite Total Return Index. Performance for the benchmark since the Fund's inception is 3.3%. Since November 1, 2010, the benchmark's performance and volatility were 4.8% and 10.5%, respectively. Source: RBC IS, Bloomberg, PerTrac. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
SOURCE: Aston Hill Asset Management Inc.
For further information:
Please contact your financial advisor, call Aston Hill's Sales and Marketing support line at 416-583-2300 (toll-free at 1-800-513-3868), or visit our website at www.astonhill.ca.