Maxam Arbitrage Fund Class F
NAVPS
NAVPS:$11.28
Change
$0.04 (0.31%)
Maxam Arbitrage Fund Class F
Compare to:
Inception Return
(09-30-2020)
5.19%
YTD Return
1.28%
NAVPS
(03-31-2023)
$11.28
$0.04
(0.31%)
MER
2.12%
Assets ($mil)
$12
1 Yr Return
3.37%
Registered Plan Eligible
Yes
Load
No Load
CIFSC Category
Alternative Equity Focus
Share Class
Fee Based Advice
Fund Codes
MXM105(NL)
FUNDGRADE
Classification
Mutual
Legal Status
Trust
Sales Status
Open
Currency
CAD
Start Date
September 30, 2020
Distribution Frequency
Annual
The fundamental investment objective of the Fund is to generate consistent, positive returns, while minimizing volatility and correlation with equity markets by investing in publicly traded securities in Canada, the United States and other foreign jurisdictions.
We employ an active and opportunistic investment strategy. Our focus is on merger arbitrage and other event-driven hedged opportunities. These typically include profiting from the successful completion of mergers, take-overs, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. We also plan to profit from debt, equity, sub-receipt or rights offerings as well as capital structure arbitrage and other idiosyncratic mispricing opportunities.
Inception Return
(09-30-2020)
5.19%
YTD Return
1.28%
FundGrade
NAVPS (03-31-2023)
$11.28
$0.04
/
0.31%
Best Month
2.37%
Worst Month
-0.56%
