TORONTO, Oct. 17, 2018 /CNW/ - Goodwood Inc. ("Goodwood") is pleased to announce that the Goodwood Milford Fund LP (the "Fund") received another award at Alternative IQ's 2018 Canadian Hedge Fund of the Year Awards hosted by KPMG LLP. This is the 7th time the Fund has been recognized for its consistent long-term and low volatility investment returns.
2018 Canadian Hedge Fund Awards - 3rd Place, Best 5 Year Annualized Return
2017 Canadian Hedge Fund Awards - 1st Place, Best 5 Year Annualized Return
2016 Canadian Hedge Fund Awards - 2nd Place, Best 5 Year Sharpe Ratio (risk adjusted)
2015 Canadian Hedge Fund Awards - 2nd Place, Best 5 Year Sharpe Ratio (risk adjusted)
2014 Canadian Hedge Fund Awards - 2nd Place, Best 5 Year Annualized Return
2012 Canadian Hedge Fund Awards - 2nd Place, Best 3 Year Sharpe Ratio (risk adjusted)
2012 Canadian Hedge Fund Awards - 2nd Place, Best 3 Year Annualized Return
Mr. Curt Cumming, President of Goodwood commented, "Chris Currie, CFA, Portfolio Manager of the Goodwood Milford Fund and Goodwood's private client Segregated Accounts Program utilizes a defensive, yield-oriented investment approach that has generated a +12.6% net annualized return since inception with very low monthly return volatility. This award serves as continued validation of this portfolio strategy and investment approach."
Mr. Chris Currie, CFA, Portfolio Manager added, "We are very pleased the Fund is being recognized again for its performance results and want to thank our unitholders for their continued support."
The Fund: The Fund's investment objective is to maximize income and capital appreciation through fundamental securities selection and portfolio diversification. The Fund uses a unique strategy of combining higher coupon corporate bonds with select use of long and short equity positions. The Fund was launched in 2006 and is available through investment advisors on the FundSERV network.
Segregated Accounts Program: Chris Currie manages segregated accounts for institutions and private clients using a similar low volatility income focused strategy as the Goodwood Milford Fund. We start our process with an in-depth discussion about your goals, investment objectives, risk tolerance, tax situation and liquidity needs. We customize solutions tailored to your unique requirements.
Goodwood is a Toronto-based independent investment management firm that has provided institutional and high-net-worth clients with alternative investment strategies for over 22 years. The firm's senior investment teams use their unique, company-specific, value-oriented investment approach, with a strong focus on equity special events and credit opportunities. Our approach is focused on the preservation of capital through extensive and rigorous investment analysis on a position and portfolio basis.
Performance and analytics are calculated for the founding Class and lead series of units for each respective Fund – Goodwood Milford Fund LP Class S Units and Goodwood SPValue Fund LP Class A units. The returns and are net of all management fees, expenses and incentive performance fees. Performance is not guarenteed, past performance is not indicative of future performance and may not be repeated
SOURCE Goodwood Inc.
For further information: Curt Cumming, President, Goodwood Inc., (416) 203-2522, [email protected], Website: www.goodwoodfunds.com