Altema Wins in the 3-Year and 1-Year Return Market Neutral Categories at Canadian Hedge Fund Awards ('CHFA')

Toronto, Ontario--(Newsfile Corp. - October 25, 2023) - Altema Asset Management Inc. ("Altema") is proud to announce that its Fund, Altema Diversified Equity Market Neutral Fund ("Fund"), was the recipient of 2 awards at the Canadian Hedge Fund Awards in the Market Neutral Category.

Of the 264 Canadian hedge funds that participated in the 2023 Canadian Hedge Fund Awards program, the Fund won the following 2 awards:

1st Place - Market Neutral 3 Year Return
3rd Place - Market Neutral 1 Year Return

The annual Canadian Hedge Fund Awards help investors identify the best performing hedge funds by recognizing winners in 5 performance measures across 6 categories as well as the Overall Best 2023 Canadian Hedge Fund. The awards are based solely on quantitative performance data to June 30^th, which is collected and tabulated by Fundata Canada to determine the winners.

"We are delighted with the results of this year's Canadian Hedge Fund Awards, which we consider to be a reflection of the continued excellence of our portfolio management team and the success of the Fund, marking its fifth anniversary this month," said Sam Pellettieri, CEO and Chief Investment Officer. "After a record-breaking year in 2022, we are pleased that Altema has continued to deliver positive results. Altema remains a reliable solution for our unitholders to generate returns and diversify their portfolios."

Please see complete Winners List 2023 CHFA Winners.pdf (aiq.s3.amazonaws.com)

About Altema Asset Management Inc.

Altema is an emerging asset manager focused on managing alternative investment strategies and making sophisticated asset allocation strategies accessible to individual investors and to select investment advisors with expressed interest in investing in our OM based Fund. Our investment philosophy combines quantitative investing with fundamental analysis. We believe this combination creates a highly disciplined and repeatable investment process and is a key to successful investing.

For further information, visit https://altemafunds.com

Contact:
Jenna Chernetsky – VP Investment Fund Operations & Finance
jenna.chernetsky@altemafunds.com
(204) 232 9690

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185191