
JC Clark
JC Clark High Income Opportunities Fund
The investment objective of the Fund is to seek a combination of income and long-term capital appreciation by investing primarily in distribution-paying Canadian and U.S. equity securities, as well as equity and fixed income securities that produce attractive dividend/income yields.
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Overview
Investment PhilosophyThis Fund has a unique place in the Canadian Investment Universe. It focuses on investing in high income generating North American securities backed by a value approach with the flexibility to manage risk through active hedging. This combination accomplishes several things:
- A value approach focuses on buying quality businesses at a discount to intrinsic value
- Buying at value prices = higher yields and opportunity to generate strong returns
- Risk mitigation:
- Buying at low prices
- Focus on cash flowing securities which tend to be more stable than growth-oriented securities
- Diverse group of asset classes means we will very rarely be 100% invested in the equity markets
- Short selling and options overlay aim to provide downside protection
Unique Attributes- Focus on inefficient segments of market (Preferred Shares, Mortgage Investments, Publicly Traded Private Credit (BDCs), REITs, Structured Notes, Small Cap Dividend Payers, etc.)
- Use options with an aim to enhance portfolio yield and improve position entry/exit
- Selectively employ leverage to enhance overall yield
- Strong cash flow of underlying investments allows for a higher target distribution yield (7%) than traditional portfolios
Why Use this Fund?- Unique strategy – high income focused alternative fund provides an ideal compliment to the “core portfolios” of most top advisors
- Aims to enhance overall portfolio yield
- Diverse asset classes and investments add diversification to traditional portfolios
- Offers attractive cash flow to fund retirement needs
Fund FrameworkAlternative Mutual Fund (Simplified Prospectus)Fund StrategyAlternative Equity FocusedInception DateJanuary 30, 2025FundSERV CodesFounders Series A- JCC401AFounders Series F- JCC401FManagement FeeClass A - 1.75%Class F - 0.75%Performance Fee20%Hurdle Rate5%High Water MarkPerpetual, no resetRisk LevelMediumMinimum Initial Investment$1,000DistributionsMonthlySubscriptions/RedemptionsDaily (T +2 settlement)Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with alternative mutual fund investments. Please read the prospectus before investing. Alternative mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Alternative funds can only be purchased through a CIRO registered dealer and are available only in those jurisdictions where they may be lawfully offered for sale. This document is not intended to provide legal, accounting, tax or investment advice.
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Documents
Title Description Date added Download Simplified Prospectus Fund Documents 18-02-2025 DownloadPreview Fund Facts Fund Documents 18-02-2025 DownloadPreview Fund FrameworkAlternative Mutual Fund (Simplified Prospectus)Fund StrategyAlternative Equity FocusedInception DateJanuary 30, 2025FundSERV CodesFounders Series A- JCC401AFounders Series F- JCC401FManagement FeeClass A - 1.75%Class F - 0.75%Performance Fee20%Hurdle Rate5%High Water MarkPerpetual, no resetRisk LevelMediumMinimum Initial Investment$1,000DistributionsMonthlySubscriptions/RedemptionsDaily (T +2 settlement)Commissions, trailing commissions, management fees, performance fees and expenses all may be associated with alternative mutual fund investments. Please read the prospectus before investing. Alternative mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Alternative funds can only be purchased through a CIRO registered dealer and are available only in those jurisdictions where they may be lawfully offered for sale. This document is not intended to provide legal, accounting, tax or investment advice.