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Mutual Funds

Aston Hill Energy Growth ClassFebruary 29, 2016

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On January 29, 2016, Aston Hill announced its intention to terminate Aston Hill Energy Growth Infrastructure Class, a class of shares of Aston Hill Corporate Funds Inc., on or about March 30, 2016. The Fund will not accept subscriptions from new investors as of January 29, 2016.  Subscriptions from existing investors will no longer be accepted as of February 16, 2016. To read the press release, click here. For further information, please contact your financial advisor or contact Aston Hill Sales and Marketing support at 1-800-513-3868 | funds@astonhill.ca.

Investment Objectives

The Fund's investment objective is to achieve long-term capital appreciation by investing, directly or indirectly, primarily in equity securities of Canadian energy and resource issuers.  The Fund seeks to achieve its investment objective by investing in shares of resource issuers engaged in oil and gas or mining exploration, development or production or energy production, including alternative energy production such as from wind, and that (i) have experienced management; (ii) have a strong exploration program in place; (iii) may require time to mature; and (iv) offer potential for future growth.

Why Buy This Fund?

  • Preservation of capital is top priority
  • Provides diversification outside of Canada and access to a broader array of energy companies (refiners and offshore drillers) and alternative energy companies (solar and wind energy producers)
  • Use of options, shorts, cash, and currency to decrease volatility
  • Aims to avoid concentration risk; top 10 < 40%, no large weight in one security

Performance Review

Monthly Performance (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2016-3.8-3.6          -7.3
2015-18.37.5-3.3-0.95.3-11.1-5.4-1.9-2.2-0.1-1.2-5.4-33.3
2014  0.57.5-1.48.1-7.21.2-6.2-18.7-10.9-20.7-41.7

Performance is for Series A of the Fund. The Fund's portfolio manager started managing the Fund in February 2015. The Fund's benchmark is the S&P/TSX Capped Energy Total Return Index.  Total returns in local currency. Source: RBC IS, Bloomberg, PerTrac.

Compound Returns (%)

Fund/Index1 mo3 mo6 mo1 yrInception
Energy Growth-3.6-12.3-15.4-29.5-64.0
Benchmark*-3.1-12.8-14.5-28.3-23.8
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Risk/Reward Analysis

FundBenchmark*
Annualized Compound ROR-64.0%-23.8%
Annualized Std. Deviation27.1%21.5%
Winning Months25.0%29.2%
Average Monthly Gain5.0%5.9%
Average Monthly Loss-6.8%-5.3%
Sharpe Ratio (1.5%)-1.8-1.2
Correlation0.6-
Alpha-2.4%-
Beta0.7-
*Benchmark is the S&P/TSX Capped Energy TR Index

Portfolio Review

Asset Allocation

Cash, Equivalents & Other Net Assets
78.1%
Equities
21.4%
Fixed Income
0.5%

Geographic Allocation

United States
39.1%
Canada
37.4%
International
23.6%

Sector Allocation

Cash & Equivalents
78.1%
Energy
19.7%
Utilities
2.2%

Top Holdings

TransCanada Corp.4.5%
EOG Resources Inc.2.7%
Pioneer Natural Resources Co.2.5%
Northland Power Inc.1.7%
Cimarex Energy Co.1.7%
Phillips 661.6%
Euronav1.2%
BP Plc1.2%
Scorpio Tankers Inc.1.0%
Tenaris S.A.0.9%

Fund Facts

CIFSC Category:Energy Equity
Inception:March 24, 2014
NAV:$0.81
AUM:$0.7 million
Minimum Purchase:$2,000 Initial, $50 Subsequent

Fund Codes

CAD  
Series A (FE) AHF915  

Risk Rating

When you invest in a fund, the value of your investment can go down as well as up. Aston Hill Asset Management Inc. has rated this Fund’s risk as medium.
For a description of the specific risks of this Fund, see the Fund’s simplified prospectus.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Please correct the following errors:

Minimum Investment Requirements

The AHF 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)
BC, NB, NS and NL Only: $5,000(2)

Notes:

(1) A minimum purchase of $5,000 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 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.

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