Investment Objective
The JM Catalyst Fund LP (“Fund”) is a long biased, multi-strategy hedge fund. The investment objective of the Fund is to provide long-term capital growth through superior securities selection by taking both long and short investment positions in equity, debt and option securities and through strategic trading. The allocation of long and short positions will vary depending on the opportunities the Manager believes have the best reward per unit of risk.
Fund Details
Portfolio Manager: Jan Mizrahi, CFA
Fund Auditor: KPMG LLP
Legal: Stikeman Elliott LLP
Fund Valuation/Administrator: SGGG Fund Services Inc. (FSI)
Independent 3rd party Fund Valuation & Accounting and Unitholder Record Keeping & Transfer Agency administration. FSI has greater than $7 Billion in Assets Under Administration (AUA) and services more than 260 fund products.
Prime Broker/Custodian: National Bank Financial
Currency: Canadian dollars ($CAD)
Minimum Investment: $150,000 or $25,000 (Accredited Investors)
Management Fee: 2% for Class A
Profit Allocation: 20%, with perpetual high watermark (no reset)
Subscriptions: Monthly
Redemptions: Monthly, with 35 days’ notice
Early Redemption Fee: 2% if invested for less than 12 months
Fund Codes:
FundSERV JMF 300 (purchase) / JMF 301 (settlement) – Class A
FundSERV JMF 310 (purchase) / JMF 311 (settlement) – Class F
Investment Process: You can purchase directly from us (Ontario residents only) or through certain investment firms and/or dealers. Please contact us for further information and/or to receive the Fund’s Offering Memorandum and Subscription Agreement.
Reporting: Monthly performance updates, semi-annual and annual letter to investors, semi-annual financial statements (listing all investments, cost and market value of each) and annual audited financial statements (listing all investments, cost and market value of each), and an end of year investment tax package.
Awards
Winner: Best Opportunistic Hedge Fund, 2012 Morningstar Canadian Investment Awards
1st Place: Canadian Hedge Fund Awards Best 3-Year Annualized Sharpe Ratio (2012)
1st Place: Canadian Hedge Fund Awards Best 3-Year Annualized Sharpe Ratio (2011)
