Founders Fund 2024-10-01T14:39:26-04:00

Mandate:

North American long/short equity

Inception Date:

March 1, 2006

Fund Codes:

Class F: VCM 410/411
Class A: VCM 400/401

Management Fee:

Class F: 1.0%
Class A: 2.0%

Performance Fee:

20%

High Water Mark:

Permanent

Minimum Investment:

$150,000

Minimum Follow-On:

$50,000

Distributions:

Not Applicable

Registered Accounts:

Not Eligible

Liquidity:

Monthly

VENATOR FOUNDERS FUND is a North American long/short equity strategy which strives to capitalize on exceptional investment opportunities.  The Fund focuses on business fundamentals with a bottom-up investment approach in order to identify high growth companies that are undiscovered (or unappreciated) by the market; as well as out of favour companies trading at low valuations that do not reflect ‘hidden assets’, intermediate business prospects, reversing business trends, or changing managerial philosophies.

Please Note: Fund performance data is net of fees, however, it is not indicative of future performance, and should not be relied upon when evaluating the merits of a potential investment in the Fund. Performance data relating to market indices such as the S&P/TSX total return, the S&P 500 total return, the Russell 2000, the S&P Toronto Small Cap index, and the Merrill Lynch high yield index have been provided for information purposes only. A comparison of Fund performance to said indices is of limited use due to factors such as portfolio concentration and the potential use of leverage in the Fund.