Tralucent Asset Management Inc. Launches the ETF Units of the Tralucent Global Alt (Long/Short) Equity Fund

Toronto, Ontario--(Newsfile Corp. - November 16, 2023) - Tralucent Asset Management Inc. (TSX: TGAF) ("Tralucent") is proud to announce the launch of the Class E Units ("ETF") of the Tralucent Global Alt (Long/Short) Equity Fund (the "Fund"). The investment objective of the Fund, which is an alternative mutual fund, is to seek short and long-term capital growth and to exceed the growth of the MSCI world Index over a five-year period by primarily investing on a long-short basis in exchange traded securities. The Fund may use leverage through the use of cash borrowings, short sales and derivatives. If used, the aggregate amount of cash borrowing and the market value of the securities sold short will not exceed 50% of the Fund's net asset value ("NAV"), and the aggregate amount of cash borrowing, the market value of the securities sold short and the notional amount of derivatives used for non-hedging purposes will not exceed 300% of the Fund's NAV. The Fund will begin trading today on the Toronto Stock Exchange under the ticker symbol noted above. The Fund also offers conventional class A, class F, and class M mutual fund units to retail investors. Previously, the Fund was offered to qualified investors by means of an offering memorandum.

About Tralucent

Tralucent is an asset management company with over $55 million in assets under management. Tralucent's principles of investing are conservatism, thorough research, contrary thinking, and excellence at value prices. Investment at Tralucent is treated like a marathon, not a sprint. Tralucent is led by Bill Siddiqui and employs Michelle Buan and Irim Siddiqui as portfolio managers and Tyler White as an assistant portfolio manager.

For further information, please contact:
Bill Siddiqui
bill@tralucent.ca
519‐835‐7183

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