Alternative IQ Announces Winners of the 2020 Canadian Hedge Fund Awards

Toronto, Ontario--(Newsfile Corp. - October 20, 2020) - The 2020 Canadian Hedge Fund Awards, the highest honour in Canada's hedge fund industry, were presented this afternoon at its first ever virtual event.

The Canadian Hedge Fund Awards help investors identify the most exceptional hedge funds, recognizing winners in 5 categories as well as the Overall Best 2020 Canadian Hedge Fund.

A total of 221 Canadian Hedge Funds were included in the 2020 CHFA program. The awards are based solely on quantitative performance data to June 30th, with Fundata Canada managing the collection and tabulation of the data to determine the winners. There is no nomination process or subjective assessment in identifying the winning hedge funds.

For the full Directory of Canadian Hedge Funds, check here: http://alternativeiq.com/hf-directory/.

Average Performance as of June 30, 2020*
Category1Yr Return3Yr Return5Yr Return3Yr Sharpe Ratio5Yr Sharpe Ratio
Equity Focused-0.552.322.840.180.25
Credit Focused-0.932.064.800.240.64
Market Neutral4.172.532.590.290.42
Global Macro/Managed Futures/Multi-Strategy-0.261.333.500.190.32
Private Debt5.508.569.33n/an/a
Total0.002.113.250.210.34

 

* of all 221 Canadian Hedge Funds in the Alternative IQ Directory

The 2020 Canadian Hedge Fund Award winners are:

Overall Best 2020 Canadian Hedge Fund:
(based on best combined 10 year annualized return and Sharpe ratio).

PlaceFund Name10 Year Return10 Year Sharpe
1GFI Good Opportunities Fund16.041.35
2WARATAH Performance11.051.35
3JM Catalyst Fund8.111.23

 

Equity Focused Category

1 Year Return
PlaceFund NameReturn
1Lynwood Opportunities Fund46.29
2AlphaNorth Partners Fund39.97
3Pathfinder Resource Fund35.62

 

  
 

3 Year Return
PlaceFund NameReturn
1Dynamic Global Growth Opportunities Fund28.51
2Tempered Global Value Fund20.33
3Peregrine Investment Management Fund LP17.42
  


  


5 Year Return
PlaceFund NameReturn
1Dynamic Global Growth Opportunities Fund18.74
2GFI Good Opportunities Fund15.14
3Portland Focused Plus Fund LP15.12
  


  


3 Year Sharpe Ratio
PlaceFund NameSharpe
1WARATAH Performance1.45
2NewGen Equity Long-Short Fund LP1.25
3Dynamic Global Growth Opportunities Fund1.24
  


  


5 Year Sharpe Ratio
PlaceFund NameSharpe
1GFI Good Opportunities Fund1.04
2WARATAH Performance1.03
3Lumen Long Short Equity Fund1.02
  


 

Credit Focused Category:

1 Year Return
PlaceFund NameReturn
1Marret Diversified Opportunities Fund14.16
2Picton Mahoney Special Situations Fund9.73
3Marret Investment Grade Hedged Strategies Fund8.59
 


  


3 Year Return
PlaceFund NameReturn
1Purpose Credit Opportunities Fund6.06
2East Coast Investment Grade Fund II (Arrow)5.45
3East Coast Performance Fund LP5.37
 


  


5 Year Return
PlaceFund NameReturn
1Algonquin Debt Strategies Fund LP8.07
2YTM Capital Credit Opportunities Fund7.50
3East Coast Performance Fund LP6.91
 


  


3 Year Sharpe Ratio
PlaceFund NameSharpe
1Marret Enhanced Tactical Fixed Income Fund1.31
2Purpose Credit Opportunities Fund0.59
3Marret Investment Grade Hedged Strategies Fund0.55
  


 


5 Year Sharpe Ratio
PlaceFund NameSharpe
1Marret Enhanced Tactical Fixed Income Fund1.93
2YTM Capital Credit Opportunities Fund1.18
3Algonquin Debt Strategies Fund LP0.82
  


 

Market Neutral Category:

1 Year Return
PlaceFund NameReturn
1CC&L Market Neutral Fund17.31
2HGC Arbitrage Fund LP16.52
3Picton Mahoney Arbitrage Plus Fund12.88
 


  


3 Year Return
PlaceFund NameReturn
1HGC Arbitrage Fund LP10.54
2Picton Mahoney Arbitrage Plus Fund7.19
3Galliant Market Neutral Fund5.19
 


  


5 Year Return
PlaceFund NameReturn
1HGC Arbitrage Fund LP10.12
2Picton Mahoney Arbitrage Fund4.22
3WARATAH One3.95
 


 


3 Year Sharpe Ratio
PlaceFund NameSharpe
1HGC Arbitrage Fund LP1.43
2Picton Mahoney Arbitrage Plus Fund0.95
3Picton Mahoney Arbitrage Fund0.76
 


   


5 Year Sharpe Ratio
PlaceFund NameSharpe
1HGC Arbitrage Fund LP1.79
2Picton Mahoney Arbitrage Fund1.24
3EHP Foundation Fund0.77
  


 

Global Macro/Managed Futures/Multi-Strategy Category:

1 Year Return
PlaceFund NameReturn
1CC&L Absolute Return Fund16.03
2AIP Convertible Private Debt Fund LP14.42
3MacNicol & Associates Alternative Asset Trust7.40
 


  


3 Year Return
PlaceFund NameReturn
1AIP Convertible Private Debt Fund LP23.72
2MacNicol & Associates Alternative Asset Trust6.66
3CC&L Absolute Return Fund5.98
  


   


5 Year Return
PlaceFund NameReturn
1AIP Convertible Private Debt Fund LP34.31
2CC&L Absolute Return Fund5.23
3Arrow Global Advantage Fund4.94
 


 


3 Year Sharpe Ratio
PlaceFund NameSharpe
1AIP Convertible Private Debt Fund LP1.80
2TURN8 Alternative Growth Fund1.76
3MacNicol & Associates Alternative Asset Trust1.06
  


  


5 Year Sharpe Ratio
PlaceFund NameSharpe
1Capstone Non-Traditional Equity Pool Fund 1.42
2AIP Convertible Private Debt Fund LP1.38
3Kensington Alternative Strategies Fund0.94
   


 

Private Debt

1 Year Return
PlaceFund NameReturn
1Westbridge Capital Partners Income Trust11.63
2Bridging Indigenous Impact Fund10.19
3Celernus Pivot Private Credit Fund9.26
  


  


3 Year Return
PlaceFund NameReturn
1Bloom Burton Healthcare Lending Trust24.63
2Westbridge Capital Partners Income Trust11.00
3Bridging Private Debt Institutional Fund LP 9.64
 


  


5 Year Return
PlaceFund NameReturn
1Bloom Burton Healthcare Lending Trust14.27
2Bridging Private Debt Institutional Fund LP 9.09
3Portland Private Income Fund7.94
 


 

The 13th Annual Canadian Hedge Fund Awards and 1st Ever Virtual Event:

In addition to the announcement of the Winners of 2020 Canadian Hedge Fund Awards, online guests heard from industry thought leaders on a range of topics.

The Keynote Address was delivered by David Picton, President, CEO and Portfolio Manager at Picton Mahoney Asset Management. Other speakers included Jessica Clark Barrow, EVP at Waratah Capital Advisors; Tim Elliott, President of Connor, Clark & Lunn Funds; and Jeannine LiChong, EVP and Portfolio Manager at Waratah Capital Advisors.

The 2020 Canadian Hedge Fund Awards program would not have been possible without the generous support of its Sponsors:

  • Principal Sponsor: Fundata Canada
  • Contributing Presenters: Connor Clark & Lunn Financial Group, Picton Mahoney Asset Management and Waratah Capital Advisors
  • Other Supporters: HGC Investment Management
  • Associate Sponsors: Alliance Sales and Marketing, Introduction Capital, KPMG, RBC Capital Markets, Scotiabank, SGGG Fund Services, Sigma Sandbox, and WaveLength Media
  • Media Partner: Newsfile

Help for Children was the Chosen Charity Partner for the 2020 Canadian Hedge Fund Awards program.

For more information about the annual CHFA program, go to: www.alternativeiq.com or call:

Julie Makepeace
Managing Director, Alternative IQ; and
President, Alliance Sales and Marketing, Inc.
jmakepeace@alliancesalesandmarketing.com
416-906-3782

About Alternative IQ: Alternative IQ produces the annual Canadian Hedge Fund Awards, held in Toronto each October (performance as at June 30th), the annual CHFA Winners Showcase Investor Conferences which present managers of award-winning hedge funds to investors, and various other programs and publications serving the hedge fund industry in Canada. Alternative IQ is dedicated to celebrating, supporting and expanding Canada's Hedge Fund Industry. AIQ is a division of Alliance Sales and Marketing, Inc.

About the Annual Canadian Hedge Fund Awards: The Annual Canadian Hedge Fund Awards were first held in 2008 and have a two-fold objective: First, to celebrate the talent and accomplishments of Canada's hedge fund industry, and second, to draw attention to Canada's hedge funds by raising the awareness of that expertise in the media and among the wider investment community.

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