Sionna Opportunities Fund and Bridgehouse Private Client mean more options and flexibility for advisors
TORONTO, May 14, 2014 /CNW/ - Bridgehouse Asset Managers has added both a new fund and a new fund class to its slate.
Sionna Opportunities Fund
The newest member of the Bridgehouse Funds, the Sionna Opportunities Fund provides exposure to Sionna's 20 to 30 top ideas from across Canada and beyond. The Fund's clear mandate gives the portfolio manager access to the full spectrum of market capitalization, as well the flexibility to invest up to 49% in foreign equities.
"The Sionna Opportunities Fund leverages our stock selection skills to build a portfolio of our best ideas—with the goal of delivering significant alpha while carefully managing risk," explains Sionna President and CIO Kim Shannon.
"We're able to include our favourite Canadian names from across our large-cap, mid-cap and small-cap portfolios combined with attractive foreign names that we uncover in our research process," explains Portfolio Manager Teresa Lee. Lee brings 19 years of experience—11 of them at Sionna—and will leverage the full strength of the Sionna investment team.
Marriage of strategy and experience
The Fund will be managed according to Sionna's proven value approach to investing, focusing on companies that are trading at a discount to their intrinsic value estimate and demonstrate attractive risk/return attributes. While new to Canadian investors, this strategy is modelled after the Sionna High Conviction pool, which was launched in December 2008 and funded with internal capital.
Alpha for the portfolio
"The holdings will likely look different from your more typical Canadian equity mutual funds," adds Lee. "As a result, the Sionna Opportunities Fund can be a great risk-return complement to existing portfolios"
The Fund is available in Class A, AN, F and FN as well as the exclusive new Bridgehouse Private Client suite of classes (K, L and M).
Bridgehouse Private Client
Now available from Bridgehouse: with the introduction of the new Class K units and the addition of Class L and Class M across numerous Bridgehouse Funds, Bridgehouse Private Client offers an exclusive pricing structure for affluent individuals and households. Eligibility is based on a minimum investment on a per-fund basis of $100,000. A financial group (or household) with $250,000 or more across any of the Bridgehouse Funds can invest in the Private Client suite of classes without a minimum per-fund investment. Additional rebates take effect for accounts of greater than $500,000 and $1,000,000.
"The Bridgehouse Private Client suite of classes affords advisors the flexibility and sophistication required to deal with affluent investors," says Carol Lynde, President and COO of Bridgehouse Asset Managers. "Bridgehouse continues to add new tools for independent advisors to better serve their clients."
Bridgehouse Private Client delivers competitive pricing and flexible compensation options—available across all Bridgehouse Funds. Bridgehouse Asset Managers offers investors access to world-class investment solutions from three institutionally minded investment managers with 19 mutual funds spanning a variety of styles, regions and asset classes.
Bridgehouse Asset Managers, a trade name of Brandes Investment Partners & Co., offers tried-and-true investment solutions to Canadians, leveraging the expertise of three world-class investment managers. In everything we do, we consider our clients. We are committed to partnering with investment professionals to help Canadians reach their financial goals and become smarter investors.
We are defined by our:
- Independence in ownership and thinking, which enables us to truly align with clients' goals, and do the right thing for client portfolios and businesses—today and tomorrow.
- Dedication to advancing investor knowledge, demonstrated through our commitment to developing investor knowledge initiatives that help Canadians make informed decisions.
- Commitment to our community, dedicating time and financial support to charities that positively impact the lives of Canadians and make a real difference in our community.
About Sionna Investment Managers
Sionna is an independent, employee-owned investment management firm that oversees assets on behalf of its institutional and private clients. Using a disciplined value-investing process, Sionna's fundamental research identifies quality companies that are available at attractive valuations. Sionna manages portfolios using an approach that focuses on capital preservation and strives to generate value-added returns for its clients over the long-term. For more information, please visit www.sionna.ca.
Brandes Investment Partners & Co., operating as Bridgehouse Asset Managers (Bridgehouse), is the manager of the Bridgehouse Funds. Units of the Bridgehouse Funds are available through registered dealers only and not available through Bridgehouse. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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SOURCE: Bridgehouse Asset Managers
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