EdgeHill Partners announced Aug. 17 the launch of prospectus-offered "Liquid Alt" alternative mutual funds in Canada under the EHP Funds brand.
The funds use the alternative framework proposal for conventional mutual funds, offer daily liquidity, low minimum investments, transparent holdings, and are closely regulated under National Instrument 81-102 Investment Funds, says EdgeHill Partners.
"The new proposed alternative mutual fund rules, under which EHP Funds operate, expand the investing toolkit that managers have access to, and enable us to offer risk-managed solutions at a time when these strategies are most needed," says Jason Mann, Co-Founder and CIO of EHP Funds.
Six new mutual funds
Six new alternative mutual funds are now available from EHP Funds. They are: EHP Guardian Alternative Fund; EHP Advantage Alternative Fund; EHP Guardian International Alternative Fund; EHP Advantage International Alternative Fund; EHP Select Alternative Fund and EHP Global Arbitrage Alternative Fund.
"Alternative mutual funds have been offered to retail investors for years in the U.S. and Europe, and we're excited to be a leader in offering them to Canadians through IIROC advisors at bank-owned and independent dealers," adds Mann.