Welcome to CanadianHedgeWatch.com
Saturday, April 20, 2024

Acuity Launches New Alpha Managed Portfolios


Date: Tuesday, September 11, 2007
Author: Acuity press release

Managed portfolio program combines multiple Acuity mandates within each new portfolio.

TORONTO, September 11, 2007 – Acuity Funds Ltd. has added a managed portfolio program to its existing family of mutual funds and pooled funds.

“Acuity is widely recognized for exceptional performance across our individual investment mandates. With the launch of Alpha Portfolios, we’re giving retail investors access to a sophisticated blend of Acuity mandates within a single core portfolio solution,” said Ian Ihnatowycz, President and CEO.

Alpha Portfolios are designed to offer private investors institutional-style diversification and investment acumen. Each of the five new portfolios contains multiple underlying Acuity funds with exposure to a range of asset classes, market capitalizations, industry sectors and geographic regions. In addition, one of the new portfolios is highly unique in offering four of Acuity’s pioneering Social Values and Clean Environment funds within a single portfolio.

Alpha Portfolios offer several benefits to investment advisors and their clients:

>        Award-winning Acuity portfolio managers

>        Strategic asset allocation

>        Innovative “see-through” client reporting

>        Optional 8% annualized tax-efficient monthly distribution

According to Stephen Crawford, Senior Vice President, National Sales, Acuity’s investment team is perhaps the most compelling reason to invest in Alpha Portfolios. “Our portfolio managers and analysts manage the underlying funds and also collaborate to optimize each Alpha Portfolio. We don’t outsource our decision-making. We are active money managers who add value through a combination of top-down and bottom-up investing. Our in-house expertise allows us to anticipate opportunities and manage risk more efficiently than other portfolio programs.”

Alpha Portfolios are offered as mutual funds with a minimum investment of $10,000, and as low-cost pooled funds for accredited investors with a $50,000 minimum, and non-accredited investors with a $150,000 minimum.

About Acuity:

Acuity was formed in 1990 and currently has assets under management of approximately $8.7 billion on behalf of mutual funds, pooled funds, closed-end funds and private and institutional clients.

For more information about Acuity Funds, please call your Acuity at 1.800.461.4570