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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.

Nearly four in five investors globally would take safety over performance if forced to choose. It’s time to look beyond the traditional 60—40 allocation to stocks and bonds and incorporate investments that can improve the outcome of your portfolio. 
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Mutual Funds

Aston Hill High Income Fund & ClassFebruary 28, 2017

Fund Manager(s): Barry Morrison, Sandy Liang, President, LOGiQ Capital Partners Inc.
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Investment Objectives

The investment objectives of the Fund are to generate a high level of income and long-term capital growth by investing primarily in a mix of income-producing securities, including but not limited to, equity securities, common and preferred shares, real estate investment trusts (REITs), convertible securities, investment grade fixed income securities, higher yielding, lower quality fixed income securities, floating rate debt instruments and asset-backed securities and mortgage-backed securities, which may be located anywhere in the world.

Why Buy This Fund?

  • Award winning manager with strong income investing track record
  • Total flexibility between asset class, geography and sector based on manager’s outlook
  • High conviction portfolio (20 - 30 equity positions & 30 - 40 fixed income positions)
  • Use of liquid alternative strategies to reduce volatility (options, shorting)
  • Pays a monthly distribution of $0.042/unit (~ 4.9% yield per annum)

Performance Review

Monthly Performance (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
20170.91.9          2.8
2016-2.3-0.62.81.81.61.01.50.70.6-0.2-1.71.97.1

Compound Returns (%)

Compound Returns1-mo3-mo6-mo1-yr3-yrInception
High Income1.94.73.313.4-7.7

Risk/Reward Analysis

FundBenchmark*
Annualized Std. Deviation4.7%-
Winning Months68.8%-
Average Monthly Gain1.4%-
Average Monthly Loss-1.0%-
Sharpe Ratio1.3-
*

Portfolio Review

Asset Allocation

Equities
53.0%
Fixed Income
30.0%
Preferred Shares
13.0%
Privates
1.0%
Cash, Equivalents & Other Net Assets
3.0%

Geographic Allocation

United States
%
Canada
%
International
%

Sector Allocation

REITS
22.0%
Financials
15.0%
Energy
19.0%
Utilities
14.0%
Consumer Staples
8.0%
Industrials
6.0%
Consumer Discretionary
9.0%
Cash & Equivalents
3.0%
Technology
2.0%
Telecommunication
0.0%
Materials
0.3%
Health
1.7%

Top Holdings

(Top Equities) 
Northland Power Inc.6.9%
Mainstreet Health Investments Inc.4.3%
Park Lawn Corp.3.1%
Slate European Real Estate3.0%
Slate Retail REIT2.5%
Alerian MLP ETF2.2%
WPT Industrial Real Estate Investment2.2%
Brookfield Renewable Partners LP2.1%
Storagevault Canada Inc.2.1%
Pembina Pipeline Corp.1.9%

Fund Facts

CIFSC Category:Global Neutral Balanced
NAVPS:$10.29(Fund, Series A)
Inception:August 28, 2015 (Series A)
AUM (Feb. 28, 2016):$169.0 million
Distribution*:$0.042/unit
Yield:~5.0% per annum
MER (Jun. 30, 2016):2.25% (Fund, Series A)
Minimum Purchase:$2,000 Initial, $50 Subsequent

Fund Codes

CADCorporate Class 
Series A (FE) AHF440Series A (FE) AHF470 
Series A (LSC) AHF441Series A (LSC) AHF471 
Series F AHF442Series F AHF472 
T-Series units available  

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 low to medium.
For a description of the specific risks of this Fund, see the Fund’s simplified prospectus.

*Units of the Corporate Class do not pay a distribution.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. 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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