The Fund’s investment objective is to achieve maximum capital appreciation by investing in a diversified portfolio consisting primarily of equity and equity related securities of small and medium-sized business entities in a range of resource related industries, including mining, energy, energy alternatives, industrials, chemicals, power, agricultural, forestry and special situations.
The Portfolio will include securities which the Manager believes are undervalued and may include short positions in securities which the Manager believes are overvalued. The Manager will manage the relative weightings of the Fund’s long and short positions to achieve the Fund’s investment objective. The Fund may purchase puts, calls or combinations thereof including options to acquire additional securities or rights to sell securities of the small and medium-sized businesses in which it invests. The Fund may lend its portfolio securities and may purchase securities on margin.
With the Fund’s focus on growth-oriented companies as well as emerging new businesses, investors may look to the Fund to complement their existing exposure in the greater resource and special situations space.
|(as of 09.30.19)|
June 1, 2010
MONTHLY PERFORMANCE (%, NET OF FEES)