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Alternative IQ Announces Winners of the 2020 Canadian Hedge Fund Awards
October 20, 2020 3:15 PM EDT | Source: Alternative IQ
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* | |||||
| Category | 1Yr Return | 3Yr Return | 5Yr Return | 3Yr Sharpe Ratio | 5Yr Sharpe Ratio |
| Equity Focused | -0.55 | 2.32 | 2.84 | 0.18 | 0.25 |
| Credit Focused | -0.93 | 2.06 | 4.80 | 0.24 | 0.64 |
| Market Neutral | 4.17 | 2.53 | 2.59 | 0.29 | 0.42 |
| Global Macro/Managed Futures/Multi-Strategy | -0.26 | 1.33 | 3.50 | 0.19 | 0.32 |
| Private Debt | 5.50 | 8.56 | 9.33 | n/a | n/a |
| Total | 0.00 | 2.11 | 3.25 | 0.21 | 0.34 |
* 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).
| Place | Fund Name | 10 Year Return | 10 Year Sharpe |
| 1 | GFI Good Opportunities Fund | 16.04 | 1.35 |
| 2 | WARATAH Performance | 11.05 | 1.35 |
| 3 | JM Catalyst Fund | 8.11 | 1.23 |
Equity Focused Category
| 1 Year Return | ||
| Place | Fund Name | Return |
| 1 | Lynwood Opportunities Fund | 46.29 |
| 2 | AlphaNorth Partners Fund | 39.97 |
| 3 | Pathfinder Resource Fund | 35.62 |
| | ||
| | | |
| 3 Year Return | ||
| Place | Fund Name | Return |
| 1 | Dynamic Global Growth Opportunities Fund | 28.51 |
| 2 | Tempered Global Value Fund | 20.33 |
| 3 | Peregrine Investment Management Fund LP | 17.42 |
| | ||
| | ||
| 5 Year Return | ||
| Place | Fund Name | Return |
| 1 | Dynamic Global Growth Opportunities Fund | 18.74 |
| 2 | GFI Good Opportunities Fund | 15.14 |
| 3 | Portland Focused Plus Fund LP | 15.12 |
| | ||
| | ||
| 3 Year Sharpe Ratio | ||
| Place | Fund Name | Sharpe |
| 1 | WARATAH Performance | 1.45 |
| 2 | NewGen Equity Long-Short Fund LP | 1.25 |
| 3 | Dynamic Global Growth Opportunities Fund | 1.24 |
| | ||
| | ||
| 5 Year Sharpe Ratio | ||
| Place | Fund Name | Sharpe |
| 1 | GFI Good Opportunities Fund | 1.04 |
| 2 | WARATAH Performance | 1.03 |
| 3 | Lumen Long Short Equity Fund | 1.02 |
| | ||
Credit Focused Category:
| 1 Year Return | ||
| Place | Fund Name | Return |
| 1 | Marret Diversified Opportunities Fund | 14.16 |
| 2 | Picton Mahoney Special Situations Fund | 9.73 |
| 3 | Marret Investment Grade Hedged Strategies Fund | 8.59 |
| | ||
| | ||
| 3 Year Return | ||
| Place | Fund Name | Return |
| 1 | Purpose Credit Opportunities Fund | 6.06 |
| 2 | East Coast Investment Grade Fund II (Arrow) | 5.45 |
| 3 | East Coast Performance Fund LP | 5.37 |
| | ||
| | ||
| 5 Year Return | ||
| Place | Fund Name | Return |
| 1 | Algonquin Debt Strategies Fund LP | 8.07 |
| 2 | YTM Capital Credit Opportunities Fund | 7.50 |
| 3 | East Coast Performance Fund LP | 6.91 |
| | ||
| | ||
| 3 Year Sharpe Ratio | ||
| Place | Fund Name | Sharpe |
| 1 | Marret Enhanced Tactical Fixed Income Fund | 1.31 |
| 2 | Purpose Credit Opportunities Fund | 0.59 |
| 3 | Marret Investment Grade Hedged Strategies Fund | 0.55 |
| | ||
| | ||
| 5 Year Sharpe Ratio | ||
| Place | Fund Name | Sharpe |
| 1 | Marret Enhanced Tactical Fixed Income Fund | 1.93 |
| 2 | YTM Capital Credit Opportunities Fund | 1.18 |
| 3 | Algonquin Debt Strategies Fund LP | 0.82 |
| | ||
Market Neutral Category:
| 1 Year Return | ||
| Place | Fund Name | Return |
| 1 | CC&L Market Neutral Fund | 17.31 |
| 2 | HGC Arbitrage Fund LP | 16.52 |
| 3 | Picton Mahoney Arbitrage Plus Fund | 12.88 |
| | ||
| | ||
| 3 Year Return | ||
| Place | Fund Name | Return |
| 1 | HGC Arbitrage Fund LP | 10.54 |
| 2 | Picton Mahoney Arbitrage Plus Fund | 7.19 |
| 3 | Galliant Market Neutral Fund | 5.19 |
| | ||
| | ||
| 5 Year Return | ||
| Place | Fund Name | Return |
| 1 | HGC Arbitrage Fund LP | 10.12 |
| 2 | Picton Mahoney Arbitrage Fund | 4.22 |
| 3 | WARATAH One | 3.95 |
| | ||
| | ||
| 3 Year Sharpe Ratio | ||
| Place | Fund Name | Sharpe |
| 1 | HGC Arbitrage Fund LP | 1.43 |
| 2 | Picton Mahoney Arbitrage Plus Fund | 0.95 |
| 3 | Picton Mahoney Arbitrage Fund | 0.76 |
| | ||
| | ||
| 5 Year Sharpe Ratio | ||
| Place | Fund Name | Sharpe |
| 1 | HGC Arbitrage Fund LP | 1.79 |
| 2 | Picton Mahoney Arbitrage Fund | 1.24 |
| 3 | EHP Foundation Fund | 0.77 |
| | ||
Global Macro/Managed Futures/Multi-Strategy Category:
| 1 Year Return | ||
| Place | Fund Name | Return |
| 1 | CC&L Absolute Return Fund | 16.03 |
| 2 | AIP Convertible Private Debt Fund LP | 14.42 |
| 3 | MacNicol & Associates Alternative Asset Trust | 7.40 |
| | ||
| | ||
| 3 Year Return | ||
| Place | Fund Name | Return |
| 1 | AIP Convertible Private Debt Fund LP | 23.72 |
| 2 | MacNicol & Associates Alternative Asset Trust | 6.66 |
| 3 | CC&L Absolute Return Fund | 5.98 |
| | ||
| | ||
| 5 Year Return | ||
| Place | Fund Name | Return |
| 1 | AIP Convertible Private Debt Fund LP | 34.31 |
| 2 | CC&L Absolute Return Fund | 5.23 |
| 3 | Arrow Global Advantage Fund | 4.94 |
| | ||
| | ||
| 3 Year Sharpe Ratio | ||
| Place | Fund Name | Sharpe |
| 1 | AIP Convertible Private Debt Fund LP | 1.80 |
| 2 | TURN8 Alternative Growth Fund | 1.76 |
| 3 | MacNicol & Associates Alternative Asset Trust | 1.06 |
| | ||
| | ||
| 5 Year Sharpe Ratio | ||
| Place | Fund Name | Sharpe |
| 1 | Capstone Non-Traditional Equity Pool Fund | 1.42 |
| 2 | AIP Convertible Private Debt Fund LP | 1.38 |
| 3 | Kensington Alternative Strategies Fund | 0.94 |
| | ||
Private Debt
| 1 Year Return | ||
| Place | Fund Name | Return |
| 1 | Westbridge Capital Partners Income Trust | 11.63 |
| 2 | Bridging Indigenous Impact Fund | 10.19 |
| 3 | Celernus Pivot Private Credit Fund | 9.26 |
| | ||
| | ||
| 3 Year Return | ||
| Place | Fund Name | Return |
| 1 | Bloom Burton Healthcare Lending Trust | 24.63 |
| 2 | Westbridge Capital Partners Income Trust | 11.00 |
| 3 | Bridging Private Debt Institutional Fund LP | 9.64 |
| | ||
| | ||
| 5 Year Return | ||
| Place | Fund Name | Return |
| 1 | Bloom Burton Healthcare Lending Trust | 14.27 |
| 2 | Bridging Private Debt Institutional Fund LP | 9.09 |
| 3 | Portland Private Income Fund | 7.94 |
| | ||
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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