Waratah One Fund wins Best 5-Year Sharpe Ratio for Market Neutral Category at 2017 Canadian Hedge Fund Awards

Toronto, Ontario--(Newsfile Corp. - October 23, 2017) - We are pleased to announce that our flagship strategy Waratah One Fund has won the CHFA for Best 5-Year Sharpe Ratio for a Market Neutral Fund as well as 3rd place awards for both the Best 1-Year Return and Best 5-Year Return.

"At Waratah, the first priority of our market neutral strategy is to protect capital.  In practice, this means that we have rigorous processes in place to reduce volatility and minimize drawdowns. We don't want to see our own capital experience a significant drawdown and clients that are attracted to this strategy feel the same way" said Brad Dunkley Co-Founder and Portfolio Manager. We believe the Sharpe Ratio is an important statistic for any investor that cares about risk management. The Sharpe Ratio measures the units of return generated by an investment relative to the number of units of volatility. We believe market neutral strategies that offer downside protection and an uncorrelated source of returns have an important role to play in a diversified portfolio. Over the 5-year period ending June 30, 2017, the Waratah One Fund returned 6.41% compounded annually net of fees with a volatility of 3.4% and a Sharpe Ratio of 1.62.

The Waratah One Fund is a highly diversified, low net exposure long/short portfolio of North American equity securities. We use research driven stock selection, dynamic portfolio construction and active factor management to produce returns with significantly lower volatility and drawdowns than North American equity markets. We believe the current market environment makes market neutral strategies more relevant than ever.  While the equity market's long bull-run has driven valuations to levels that are above historical averages, market neutral strategies allow investors to continue to participate in equities in a way that protects against downside risk.

About Waratah Capital Advisors

Waratah Capital Advisors Ltd. is a Toronto, Canada based risk adjusted return investment manager founded by Brad Dunkley and Blair Levinsky in 2010 managing $1.2 billion in assets. With a team of 31 professionals, Waratah combines intensive research driven stock selection with a disciplined and robust risk management program. Waratah manages assets across various equity long short strategies including hedged income, market neutral, directional long/short and a concentrated best ideas portfolio. Founders and employees collectively represent 7% of the firm's assets under management with high-net-worth individuals, family offices, foundations, endowments, and public and private pension funds representing the balance of firm assets.

For more information on the Canadian Hedge Fund Awards criteria please refer to their website. Waratah One Fund Limited Partnership returns are Class F, net of fees and expenses as of June 30, 2017.

For more information please contact:

Jessica Clark
289-681-5984
jessica@waratahcap.com

Dimitri Michalopoulos
416-637-5622
dimitri@waratahcap.com