SG U.S. Market Neutral Fund


Fund Strategy

The Fund seeks to maximize risk-adjusted returns with downside protection through a fundamental market neutral approach. The Fund invests primarily in US small to mid cap companies on an event-driven basis.


Investment Process

The Fund has a unique edge that resembles that of an event- or catalyst-driven strategy. The Fund’s short-term investment horizon allows it to capture positive returns from the volatility surrounding a company's earnings announcements. The Fund has a flexible mandate and can be long or short based on investment opportunities. Options are used opportunistically to protect against significant losses in any one security.


Investor Profile

  • Equity investors looking for a conservative U.S.-focused fund.
  • Investors looking to complement a long-only U.S. growth fund.

Monthly Commentaries

 

Portfolio Managers

Kenneth Grossman

Partner, SG Capital Management, LLC

Glen Schneider, CFA

Partner, SG Capital Management, LLC

How to Invest

Alternative Solutions

Fund Overview

Fund Overview: 

Fund Performance

Fund Performance: 
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2017 1.67 0.17 1.45 0.31 -1.62 - - - - - - - -
2016 -2.85 2.54 0.47 -0.68 2.41 -2.52 1.78 0.47 0.88 -0.21 2.06 -2.40 1.76
2015 -0.96 1.07 0.73 -1.44 -0.41 2.13 -0.18 -1.01 0.39 3.11 -0.96 -0.81 1.56
2014 1.57 1.06 0.13 0.42 -3.31 0.71 -0.54 1.71 0.77 2.02 -0.38 0.12 4.25
2013 1.43 0.99 -0.61 -0.11 0.40 -0.39 1.57 -1.69 0.81 -0.22 0.62 1.82 4.66
2012 1.18 -0.34 1.73 0.17 -0.80 -0.06 -0.51 0.89 -0.28 1.03 1.21 0.43 4.72
2011 2.16 0.94 0.90 0.59 -0.79 -0.29 0.10 -1.69 1.13 2.07 1.88 0.51 7.68
2010 0.46 -1.64 -0.03 1.21 -0.50 -0.09 -1.18 -2.09 0.67 1.26 0.12 1.38 -0.49
2009 1.47 -1.79 -0.23 -2.53 2.14 0.40 -0.39 -2.05 -1.70 2.41 -4.28 0.89 -5.72
2008 0.37 1.95 2.37 1.60 3.76 3.92 0.36 0.41 -0.78 2.31 -0.32 -0.33 16.64
2007 - 0.43 1.75 -0.92 1.99 1.30 -2.32 -0.38 1.68 1.37 0.30 3.20 8.60

Growth of $100,000

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Risk Bar Description: 
Risk Rating

Portfolio Details

Fund Codes
A Class: AHP 410
F Class: AHP 418
U Class: AHP 416
G Class: AHP 417


Management Fee
A Class: 2.5%
F Class: 1.5%
U Class: 2.5%
G Class: 1.5%


Incentive Fee/Allocation
20%


Purchases
Weekly

Liquidity
Monthly with 10 business days notice


Prime Broker
Wells Fargo


Auditor
PricewaterhouseCoopers


Administrator
RBC Investor & Treasury Services


^ Minimum Investment for accredited investors is $25,000
^ Minimum Investment for non-accredited corporate purchases is $150,000

 

Source: Arrow Capital Management Inc./Morningstar, 2017

The Fund was originally advised by Tetra Capital Management until the advisor was replaced in December 2010 by SG Capital Management. The Fund was formerly called the Tetra U.S. Long/Short Fund.

Fund inception date is January 1, 2007.

Commissions, trailing commissions, management, performance and other fees may be associated with this investment. Investors should read the offering memorandum before investing. Unless otherwise stipulated returns are for Class F units in Canadian funds. Except as otherwise noted returns are historical compounded total returns including changes in the unit value and reinvestment of all dividends or distributions and do not take into account the sales, redemption, distributions or optional charges or income tax payable by the investor that may affect the compound growth rate and are not intended to reflect the future value of the fund. Past performance may not be repeated. Offering of units in this fund are made pursuant to the Confidential Offering Memorandum (OM) only to those investors who meet certain eligibility or minimum purchase requirements. Important information, including this fund’s fundamental investment objective is contained in the OM which may be obtained from Arrow Capital Management Inc.