Fulcra Credit Opportunities Fund

Performance

as of December 31, 2021

1M3M6MYTD1Y3Y5Y10YSince Inception
1M
0.61%
3M
0.76%
6M
2.50%
YTD
12.39%
1Y
12.39%
3Y
7.47%
5Y
6.46%
10Y
6.81%
Since Inception
7.58%

*Returns are based on class B unit. Inception July 2009

*Net of fees and includes reinvested distributions

INVESTMENT OBJECTIVES & STRATEGY

The Fulcra Credit Opportunities Fund generates consistent absolute returns through investing in bonds, loans and other fixed income securities but may hold equity and other equity-like securities. The Fund’s investment objective is to generate superior long term, risk adjusted investment returns. Our preference for bonds stems from both their seniority in the capital structure and their term certainty. Equity like returns, without equity like risks.

Our size gives us a unique opportunity to be involved with companies underneath the radar and focus of many larger funds. We believe a fairly concentrated portfolio of companies provides the best long-term results. We are ratings agnostic, non-levered and currency hedged. We manage the portfolio to a consistently short duration to avoid the negative effects of interest rate fluctuations and since we are highly opportunistic, we are rarely fully invested, keeping cash or near cash for inevitable opportunities that arise from market dislocations, ratings events or merger and acquisition situations.

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Fund Information
Fund Information
Inception Date
July 1, 2009
Fund Information
Minimum Investment
$150,000
Fund Information
Distribution
DRIP Quarterly, Cash Optional
Fund Information
Subscription Options
FundSERV, Direct Investment
Fund Information
Offering Document
Offering Memorandum
Fund Information
RSP/TFSA Eligibility
Yes
Fund Information
Pricing/Redemption
Monthly
Fund Information
Lockup
No
Fund ClassABCD
Fund Class
FundSERV Code
A
FAM 100
B
FAM 200
C
FAM 300
D
FAM 400
Fund Class
Management Fee
A
1.5%
B
0.75%
C
1.5%
D
0.75%
Fund Class
Performance Fee
A
-
B
15%
C
-
D
15%
Fund Class
Hurdle Rate
A
-
B
5%
C
-
D
5%
Fund Class
High Water Mark
A
-
B
Yes
C
-
D
Yes
Fund Class
Advisor Trailer Fee
A
-
B
-
C
Yes
D
Yes
SERVICE PROVIDERS
SERVICE PROVIDERS
Custodian
CIBC Mellon
SERVICE PROVIDERS
Prime Broker
BMO Capital Markets
SERVICE PROVIDERS
Auditor
KPMG LLP
SERVICE PROVIDERS
Valuation Administrator
SS&C CommonWealth