|By Marketwired .||
|April 23, 2014 11:16 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/23/14 -- Inflection Management Inc. today announced that the Inflection Strategic Opportunities Fund ("Inflection" or the "Fund") has been approved for purchase on the MD Fund platform managed by MD Physician Services Inc. (MD), a Canadian Medical Association (CMA)-owned wealth management organization with more than $35 billion in assets under administration. MD provides Canada's physicians and their families with personalized, expert advice and best-in-class solutions to meet their total wealth management needs. As a result of MD's decision to include Inflection on its list of available funds, CMA members will now be able to invest directly through MD in the Inflection Strategic Opportunities Fund upon request.
Inflection invests actively in a portfolio of global hedge funds on the basis of current opportunity, manager tenure and the ability to manage downside risk. Recent opportunities include post-bankruptcy distressed asset sales, sovereign debt crises, European economic dispersion and the ongoing merger arbitrage boom. Inflection generally seeks to produce returns that are unrelated to traditional Canadian equity and bond investments. Net blended total return since inception in October 2010 is 32.43%. Inflection was the worldwide top-performing fund of hedge funds within the HFN Multi-strategy Leveraged USD category in 2012.
"MD's decision gives physicians all across Canada direct access to an opportunistic portfolio of some of the world's leading hedge funds, and to global investment opportunities that are typically unavailable to individual Canadian investors," said Ari Shiff, Founder and Head of Fund Research. "The Canadian markets typically go up and down with the natural resource sector, which is strongly influenced by world demand and therefore largely beyond our control. Inflection's unique portfolio provides investors the potential to improve their domestic portfolios' overall returns by tapping into world economic currents beyond Canada's borders and diversifying their Canadian holdings with generally less correlated sources of return."
Inflection's portfolio includes hedge funds with a robust history of investment performance and whose teams have demonstrated an expertise in exploiting current opportunities within their strategy. Typically these types of hedge funds each have investment minimums of USD 1 million or more, but Inflection's structure allows qualified investors access to the entire portfolio for USD 100,000. Combining hedge funds also allows investors to diversify their exposure to strategies such as corporate mergers and acquisitions, post-bankruptcy and work-out scenarios, broadly diversified asset-backed securities, fundamental deep value dislocations and quantitative behavioral-based trading strategies, among others. Inflection continuously monitors and reviews its hedge fund holdings and opportunities as part of its efforts to produce optimal portfolio returns for investors.
About Inflection Management Inc.
Inflection Management Inc. is a Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer based in Vancouver BC. Inflection Management is registered as an Exempt Market Dealer in the provinces of Ontario, Quebec, Saskatchewan, Alberta, and British Columbia. Inflection's Founder and President, Ari Shiff, has over 25 years of experience in the financial markets with particular emphasis on hedge funds, special situations, mergers, and acquisitions. Trevor Giles, Inflection's VP Investments, has over 24 years of investment experience including hedge funds, private equity, foreign bonds, derivatives and publicly traded investments.
Inflection Management's flexible investment style and markets experience allows it to select what it believes are the most appropriate mix of strategies to suit diverse market conditions and to seek to opportunistically capitalize on near term and long term trading opportunities.
About Inflection Strategic Opportunities Fund
The Inflection Strategic Opportunities Fund (the Fund) is a fund of hedge funds. It invests in a broad array of carefully selected and analyzed hedge funds in order to capitalize on dislocations and market opportunities. The Fund has a global mandate and focuses primarily on the Americas, Europe and Asia, providing access to the expertise of hedge fund managers in identifying what it believes are exceptional investment opportunities throughout the world. Some taxable investors may find that the Fund`s structure has significant tax benefits.
Data Source for Index/Fund Performance: Kaufman Rossin Fund Services. Fund performance numbers presented are blended net returns after investment management and performance fees which vary by class of unit. Index returns shown above are for general information purposes only. The returns stated reflect the most current data at the time of issuing this communication. Returns may be amended after we have reported these monthly numbers. These amendments may be due to repricing adjustments or receipt of more accurate data, among other things, and are reflected in the next period`s document. Past performance is not necessarily indicative of future performance. The HFN Fund of Funds index contains a wide variation of hedge funds that may limit its comparability to ISOF. ISOF is only available to Canadian resident investors who are Accredited Investors or meet certain other criteria. Please refer to ISOF's Confidential Information Memorandum for further information. Please seek professional investment advice before making any investment.