Maxam Diversified Strategies Fund
A liquid alternative equity fund.
Value, special situations, arbitrage, shorts.
Maxam Diversified Strategies Fund
Value-oriented longs, special situations, arbitrage and shorts.
The investment objective of the Maxam Diversified Strategies Fund is to maximize long term returns through multiple market cycles. We employ an active, opportunistic and flexible investment strategy with an emphasis on alternative strategies including value-oriented longs, special situations, arbitrage and shorts.
We have the flexibility to utilize alternative investment strategies to both generate returns and actively manage risk.
Why Invest In This Fund?
- Diversification & return enhancement.
- A fundamental, research-driven and predominantly value-oriented investment approach.
- Active management. Taking advantage of opportunities across the market capitalization spectrum.
Historical Performance
As at October 31, 2024 | Since Inception |
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1M | 3M | YTD | 1Y | 3Y | 4Y | 5Y | 10Y | Annualized | Cumulative |
2.8% | 6.6% | 27.1% | 36.8% | 5.8% | 14.7% | 11.9% | 7.4% | 9.5% | 301.9% |
*On August 24, 2022 Class A changed its name to Class X
As at October 31, 2024 | Since Inception |
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1M | 3M | YTD | 1Y | 3Y | 4Y | 5Y | 10Y | Annualized | Cumulative |
2.4% | 5.6% | 23.6% | 33.3% | 5.5% | 13.4% | 11.2% | 7.2% | 9.0% | 173.8% |
As at October 31, 2024 | Since Inception |
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1M | 3M | YTD | 1Y | 3Y | 4Y | 5Y | 10Y | Annualized | Cumulative |
2.3% | 5.3% | 23.2% | 32.6% | 4.6% | 12.7% | 10.4% | 6.3% | 8.4% | 158.7% |
*On August 24, 2022 Class C changed its name to Class A
Fund Statistics
MDSF vs TSX
MDSF (X) | |
Beta to TSX | 0.69 |
Alpha to TSX | 3.0% |
Correlation to TSX | 0.71 |
Upside Capture Ratio | 73.7% |
Downside Capture Ratio | 50.8% |
Fund Details
Type
Alternative Equity
Investment Risk Rating
Medium
Fund Snapshot
Fund Commentary
Fund Codes
F: MXM700
A: MXM600
Advisor Information
Unit Prices
Inception Date
June 30, 2009
Registered Plans
Yes
Eligible Provinces
All except Quebec
Pricing & Liquidity
Monthly
Management Fee
F: 1.00%
A: 2.00%
Performance Fee
20% above HWM
Minimum Investment
$1,000
Prime Broker
TD Securities
Fund Admin
SGGG
Auditor
KPMG
Legal Counsel
Borden Ladner Gervais LLP
For more detailed information on the Maxam Diversified Strategies Fund please contact us.
This information is intended to provide you with information about the Maxam Diversified Strategies Fund and is not an offer to sell or solicit. Disclosed performance is based on Class X, A and F units and is net of all fees and expenses. Inception date for Class X is June 30, 2009; Class A is December 31, 2012 and; Class F is January 31, 2013. The performance fees on Class X units are subject to a 5% annualized hurdle. Important information about the Fund is contained in the Simplified Prospectus and Fund Facts which should be read carefully before investing. Prior to August 24, 2022 this Fund was offered via Offering Memorandum only and was not a reporting issuer. Historical audited financial statements for this period are archived here. The expenses of the Fund would have been higher during such period had the Fund been subject to the additional regulatory requirements applicable to a reporting issuer. Prior to becoming a reporting issuer, the Fund was not subject to the investment restrictions and practices in NI 81-102. Important information about the Fund is contained in the Fund’s Simplified Prospectus, which should be read before investing. This presentation is neither an offer to sell securities nor a solicitation to sell securities. The securities of the Fund are sold only through IIROC registered dealers in those jurisdictions where it may be lawfully offered for sale. Accredited investors or certain other qualified investors may also purchase securities through Maxam Capital Management Ltd in reliance on certain prospectus exemptions available in National Instrument 45-106. Investors should consult with their own investment advisor and obtain a copy of our applicable Simplified Prospectus and Fund Facts documents before investing in the Fund. Investors should seek advice on the risks of investing in the Fund before investing. This document may contain forward-looking statements. These forward-looking statements are based upon the reasonable beliefs of Maxam Capital Management Ltd. at the time they are made and are not guarantees of future performance, are subject to numerous assumptions, and involve risks and uncertainties about general economic factors which may change over time. Maxam assumes no duty, and does not undertake, to update any forward-looking statement and cautions you not to place undue reliance on these statements as actual events or results may differ materially from those expressed or implied in any forward-looking statements made. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the Simplified Prospectus before investing. Any indicated rates of return are the historical annual total returns including changes in value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. This document is not intended to provide legal, accounting, tax or investment advice. Please consult an investment advisor and read the prospectus for the Maxam Diversified Strategies Fund prior to investing.