Inflection Management Inc. today announced that the Inflection Strategic Opportunities Fund (the Fund) delivered a net return of 2.49% in September 2012 and 14.59% for the first nine months of 2012, outperforming the Fund’s benchmark indices for both periods.
“Throughout the year, the Fund has been well-positioned to benefit from prevailing trends,” said Ari Shiff, Founder and Head of Fund Research. “In September 2012, the Fund continued to benefit from core strategies like distressed bonds and corporate events, opportunistic positions like mortgage-backed securities, and from portfolio hedges such as a diversified basket of gold exposures.”
By comparison, the Fund’s most relevant benchmark, the HFN Fund of Funds-Multi Strategy Index, returned 0.61% for September 2012 and 3.25% for the first nine months of 2012. Another relevant benchmark, the Scotiabank Canadian Hedge Fund Index, gained 2.27% in September 2012 but declined by 4.32% for the first nine months of 2012.
About Inflection Management Inc.
Inflection Management Inc. is a Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer based in Vancouver BC. Inflection Management, is registered as an Exempt Market Dealer in the provinces of Ontario, Quebec, Saskatchewan, Alberta, and British Columbia. Inflection’s Founder and President, Ari Shiff, has over 20 years of experience in the financial markets with particular emphasis on hedge funds, special situations, mergers, and acquisitions.
Inflection Management’s flexible investment style and markets experience allows it to select what it believes are the most appropriate mix of strategies to suit diverse market conditions and to seek to opportunistically capitalize on near term trading opportunities.
About Inflection Strategic Opportunities Fund
The Inflection Strategic Opportunities Fund (the Fund) is a fund of hedge funds. It invests in a broad array of carefully selected and analyzed hedge funds in order to capitalize on dislocations and market opportunities. The Fund has a global mandate and focuses primarily on the Americas, Europe and Asia, providing access to the expertise of hedge fund managers in identifying what it believes are exceptional investment opportunities throughout the world. Some taxable investors may find that the Fund`s option structure has significant tax benefits.