Cumberland Private Wealth is pleased to announce that the Kipling family of funds have been nominated 14 times for the 2024 Canadian Hedge Fund Awards. The winners will be announced at an awards gala to be held in Toronto on November 5, 2024.
Here are the awards for which the Kipling Funds are nominated:
Kipling Strategic Income in the Credit Focused category
Best 1 year return
Best 3 year return
Best 5 year return
Best 3 year Sharpe ratio
Best 5 year Sharpe ratio
Kipling Global Enhanced Dividend in the Equity Focused category
Best 1 year return
Best 3 year return
Best 3 year Sharpe ratio
Best 5 year Sharpe ratio
Kipling Global Enhanced Growth in the Equity Focused category
Best 1 year return
Best 3 year return
Best 5 year return
Best 3 year Sharpe ratio
Best 5 year Sharpe ratio
Shawnalynn Perron, Portfolio Manager on the Perron & Partners team at Cumberland Private Wealth Management, said, “We are proud of the positive results that our team has continued to deliver for investors. The Kipling Funds provide exposure to the world’s largest, most diverse and liquid equity markets, emphasizing growth, dividends and income. As these awards attest, our strategy has been successful in both positive and negative market environments.”
A total of 264 hedge funds were analyzed for the 2024 Canadian Hedge Fund Awards using quantitative measures based on performance data to June 30 of this year that was provided to and tabulated by Fundata Canada.
Jason Isaac, CFA, a Portfolio Manager for the Kipling Funds said, “The strong long-term performance of the funds is a testament to our repeatable process. As investors may know, the Sharpe Ratio measures returns on a risk-adjusted basis, so having numerous nominations in that category is a reflection of our highly disciplined risk management.”
About the Kipling funds
Kipling Strategic Income is a fixed income 130/30 alternative fund. This structure enables the fund to seek yield, pursue returns and manage risk. This fund provides a steady stream of income through fixed income investing. It focuses on capital preservation while mitigating risk exposure from both an interest rate risk and credit risk perspective.
Kipling Global Enhanced Dividend is a global equity 130/30 alternative fund. This structure enables the fund to hedge risk and potentially reduce downside volatility. This fund focuses on dividend growth, profitability and balance sheet flexibility, emphasizing cash flows to shareholders. It offers geographic and sector diversification beyond the domestic market in areas such as Technology, Health Care, Industrials, and Consumer Discretionary.
Kipling Global Enhanced Growth Fund is a global equity 130/30 alternative fund. This structure enables the fund to achieve high active share which is correlated with performance outcomes. This fund offers exposure to the world’s largest, most diverse, and most liquid equity markets. It emphasizes high growth sectors, such as healthcare and technology and focuses on companies that can reinvest in opportunities with high rates of return.
If you have any questions about the Hedge Fund Awards nomination or the Kipling Funds, please speak to your Cumberland Portfolio Manager.
The Kipling Funds are owned and administered by NCM Asset Management Ltd. (“NCM”). Cumberland Investment Counsel Inc. (“CIC”) is the sub-advisor of these funds and Jason Isaac is a Portfolio Manager at Cumberland Investment Counsel Inc. . Cumberland Private Wealth Management Inc., CIC and NCM are affiliated companies under the common ownership of Cumberland Partners Limited. The manager believes these are reasonable assumptions, the portfolio manager cannot assure that actual results will be consistent with these forward-looking statements. NCM Asset Management Ltd. as investment fund manager and portfolio manager of the Kipling Funds may engage one or more sub advisors to provide investment management services to certain Funds, including its affiliate, Cumberland Investment Counsel Inc. Cumberland Private Wealth is the registered trade name of Cumberland Investment Counsel Inc. and Cumberland Private Wealth Management Inc.
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