heading_image

Aston Hill has cultivated a diverse suite of products spanning sectors, geographies and asset classes in order to deliver funds that meet the varying needs of our investors.

Mutual Funds

Please correct the following errors:

Minimum Investment Requirements

The Aston Hill Credit Opportunities Fund is generally available to investors that can meet a certain minimum amount of money to invest. The minimum initial investment for residents in any province or territory in accordance with applicable securities laws is set out below:

All provinces and territories $125,000 or $25,000(1)
BC, NB, NS and NL Only: $5,000(2)

Notes:

(1) A minimum purchase of $25,000 is available to residents who meet certain requirements.
(2) A minimum purchase of $5,000 is available to residents who meet certain requirements and reside in BC, NB, NS and NL by way of the prescribed OM.
Investors should contact their investment dealer or Financial Advisor for more information.

If you can comfortably invest the minimum dollar amount required in your province or territory, please accept the disclaimer below to learn more about the AHF Credit Opportunities Fund.


Disclaimer: Information pertaining to AHF Credit Opportunities Fund is not to be construed as a public offering of securities in any jurisdiction of Canada. The offering of units in the AHF Credit Opportunities Fund is made pursuant to its offering memorandum only to those investors in jurisdictions of Canada who meet certain eligibility requirements. Please read the offering memorandum carefully before investing.

Minimum Investment Requirements

The Aston Hill Opportunities Fund is generally available to investors that can meet a certain minimum amount of money to invest. The minimum initial investment for residents in any province or territory in accordance with applicable securities laws is set out below:

All provinces and territories $150,000 or $5,000(1)

Notes:

(1) A minimum purchase of $5,000 is available to residents who meet certain requirements. Investors should contact their investment dealer or Financial Advisor for more information.

If you can comfortably invest the minimum dollar amount required in your province or territory, please accept the disclaimer below to learn more about the Aston Hill Opportunities Fund.


Disclaimer: Information pertaining to Aston Hill Opportunities Fund is not to be construed as a public offering of securities in any jurisdiction of Canada. The offering of units in the Aston Hill Opportunities Fund is made pursuant to its offering memorandum only to those investors in jurisdictions of Canada who meet certain eligibility requirements. Please read the offering memorandum carefully before investing.

X


close.jpg

click-here.jpg

Markets

Oct 23, 2014 13:29 EDT

AHF-T 0.00 1.00
S&P/TSX 148.46 icon-arrow-up-green-small-dark.png 14,460.53
S&P 500 26.28 icon-arrow-up-green-small-dark.png 1,953.39
Dow Jones 245.82 icon-arrow-up-green-small-dark.png 16,707.14
NASDAQ 71.50 icon-arrow-up-green-small-dark.png 4,454.35
CAD/USD 0.00 0.89
Oil (NY) 0.94 icon-arrow-up-green-small-dark.png 81.46
Gold -16.30 icon-arrow-down-red-small.png 1,229.20
Natural Gas -0.04 icon-arrow-down-red-small.png 3.62
back-to-top.png

Liquid Alternative Education Centre

Liquid alternatives essentially offer alternative-style investment strategies in a mutual fund structure.

In terms of investment strategy, they go beyond traditional long-only portfolio management strategies to use additional tools such as short-selling, derivative strategies such as options (puts/calls) and forward contracts, and investing in private securities (see Figure _ Portfolio Management Tools for Liquid Alternatives vs. Hedge Funds). They use these techniques in moderation, in keeping with regulatory limits on their use. These additions to traditional portfolio management tools offer the potential for enhanced risk management and capital preservation, similar to traditional alternatives. Their goal is to help investors protect their assets and decrease the overall risk of a portfolio while still participating in market gains.

heading_image

As liquid alternatives expand the range of investment techniques available to investors, their format also offers advantages over hedge funds, the traditional vehicle of investors in alternatives (see Figure _ Investment Strategies for Liquid Alternatives vs. Hedge Funds).

Alternative investments used to be available only to institutional investors and ultra-high-net-worth investors because of their complex nature, limited regulations and relative lack of liquidity. Specifically, alternatives require high levels of investable assets to achieve status as a "qualified investor," impose high initial investments (typically $25,000 and up), and entail an onerous subscription process laden with paperwork. Other limitations of hedge funds include limited opportunities for purchases and redemptions, lengthy notice periods to redeem, and hefty fees, including a performance fee that gives the manager 20% of the fund's returns (on top of the hedge fund's investment management fee). Due to less regulatory oversight, hedge funds also tend to be cagey about sharing information about their strategies and sources of performance.

Packaged for the mainstream retail investor, liquid alternatives funds make alternative investments accessible to any investor who can afford their initial purchase amounts, which often run as little as $1,000. Once investors have bought into a fund, they also enjoy daily liquidity to make additional purchases or redeem their holdings. Moreover, investors in liquid alternatives don't pay performance fees; they keep all of the funds' gains. Liquid alternatives also offer the advantage of more robust reporting than hedge funds about their strategies and performance, as required by fund regulators.

These advantages mean that advisors, even those with access to hedge funds, increasingly use liquid alternatives to access alternatives.3

heading_image