Goodwood Milford Fund Continues Success at Canadian Hedge Fund Awards

TORONTO, Oct. 19, 2016 /CNW/ - Goodwood Inc. is pleased to announce that the Goodwood Milford Fund (the "Fund") received an award at Alternative IQ's 2016 Canadian Hedge Fund of the Year Awards hosted by KPMG LLP.  The Fund received the award for the second consecutive year in the category of Best 5-Year Sharpe Ratio.  The Sharpe Ratio is an industry standard measurement for calculating risk-adjusted returns. This is the Fund's fifth award since 2012:

  • 2012 – Best 3-year Annualized Return category;
  • 2012 – Best 3-Year Annualized Sharpe Ratio category;
  • 2014 – Best 5-Year Return category;
  • 2015 – Best 5-Year Sharpe Ratio category;
  • 2016 – Best 5-Year Sharpe Ratio category

Mr. Curt Cumming, President of Goodwood Inc. commented, "Chris Currie, Portfolio Manager of the Goodwood Milford Fund and Goodwood's Private Client segregated accounts uses a defensive, yield-oriented approach that has generated a 14.5% annualized return since inception in the Fund (10-year plus performance history) with low volatility.  This fifth award serves as continued validation for the 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."

About Goodwood Milford Fund:

The Fund's investment objective is to maximize income and capital appreciation through fundamental securities selection while offering investors a flexible investment style with significant portfolio diversification. The Fund uses a unique strategy of combining higher coupon corporate bonds with long and short equity positions. The Fund was launched in 2006 and is available to investors through investment advisors on the FundSERV network.

About Goodwood's Private Client Segregated Accounts:

Goodwood manages segregated accounts for 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.

SOURCE Goodwood Inc.

Image with caption: "Goodwood Inc. (CNW Group/Goodwood Inc.)". Image available at: https://photos.newswire.ca/images/download/20161019_C5606_PHOTO_EN_799474.jpg

For further information: on the Goodwood Milford Fund or Segregated Managed Accounts, please contact: Curt Cumming, President, Goodwood Inc., Direct: (416) 203-2522, cscumming@goodwoodfunds.com,www.goodwoodfunds.com

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