|
Fund Background |
| Category | Alternative Strategies |
| Fund Family |
Horizons Funds |
| Total Assets in $millions
(2004-06-30)
|
1.142
|
| Year to Date Return |
3.1680%
|
| NAVPS (2004-08-10) |
$ 10.2832
|
| Daily Change |
$ -0.0407
|
| 52 week high |
$ 10.6558
|
| 52 week low |
$ 9.6146
|
|
Objective |
| The investment objective of the Fund is to provide superior returns through investment in a diversified portfolio of derivatives as well as Government Securities. The derivatives traded will initially consist of global fixed income & currency. |
|
Strategy |
| The Horizons Tactical Hedge Fund uses a combination of systematic strategies in the Global Fixed Income & Currency Markets to achieve stable returns which are non-correlated to equity & fixed income markets. Each of the two advisors manage 50% of the portfolio using strict risk management tools to protect the capital under management. |
| Fund Operations |
| Inception: | 29-July-2003 |
| Management Company: | IIU Asset Strategies Ltd. |
| Managing Company since: | 30-April-2004 |
| Lead Manager: |
Cornerstone Trading Co |
| Manager Since: | 15-July-2004 |
| Manager Tenure: |
0 years
|
|
|
| Returns (%) |
| |
3mo |
1yr avg |
3yr avg |
5yr avg |
| PP*THF.TO |
6.7710 |
2.9410 |
|
|
|
| Chart |
![](alt="[one-year)
big chart [] |
| Investment Information |
| New Investment |
Open |
| Currency | CAD |
| Min Initial Investment |
$ 5000.00
|
| Min Subsequent Investment |
$ 30.00 |
| RRSP Eligible |
Yes |
| RESP Eligible |
Yes |
| Min Initial Investment (RRSP) |
$ 5000.00
|
| Min Subsequent Investment (RRSP) |
$ 30.00
|
| Availability | AB,BC,MB,NB,NF,
NU,NS,NT,ON,PE,
SK,YT |
| Fees & Expenses |
| Management Fee |
2.00% |
| Load or No Load |
Load |
| Choice of Front or Back Load |
Yes |
| Max Front End Load |
6.00% |
| Max Back End Load |
4.50% |
|
|
