|
Fund Background |
| Category | Alternative Strategies |
| Fund Family |
Northern Rivers Capital |
| Total Assets in $millions
(2004-06-30)
|
38.600
|
| Year to Date Return |
6.0420%
|
| NAVPS (2004-07-30) |
$ 2257.1400
|
| Daily Change |
|
| 52 week high |
$ 2436.5200
|
| 52 week low |
$ 1550.0000
|
|
Objective |
| The NRIF is a specialty fund whose primary objective is to maximize absolute returns on investments through securities selection and asset allocation, while using hedging activities and asset allocation to manage market risk. The Fund focuses on achieving growth of capital through superior securities selection. |
|
Strategy |
| Primary focus on securities (equity and equity derivatives) of companies that develop innovative products, processes or services. The majority of positions will be concentrated in the technology, healthcare and resource sectors. |
| Fund Operations |
| Inception: | 8-May-2001 |
| Management Company: | Northern Rivers Capital Management Inc. |
| Managing Company since: | 8-May-2001 |
| Lead Manager: |
Hugh Cleland |
| Manager Since: | 1-May-2001 |
| Manager Tenure: |
3 years
|
|
|
| Returns (%) |
| |
3mo |
1yr avg |
3yr avg |
5yr avg |
| NRC*INN.TO |
-2.9200 |
65.5410 |
32.4400 |
|
|
| Chart |
![](alt="[one-year)
big chart [] |
| Investment Information |
| New Investment |
Open |
| Currency | CAD |
| Min Initial Investment |
$ 100000.00
|
| Min Subsequent Investment |
$ 25000.00 |
| RRSP Eligible |
No |
| RESP Eligible |
No |
| Min Initial Investment (RRSP) |
N/A
|
| Min Subsequent Investment (RRSP) |
N/A
|
| Availability | AB,BC,MB,NB,NF,
NU,NS,NT,ON,PE,
PQ,SK,YT |
| Fees & Expenses |
| Management Fee |
1.00% |
| Load or No Load |
Load |
| Choice of Front or Back Load |
No |
| Max Front End Load |
N/A |
| Max Back End Load |
N/A |
|
|
