Lycos Canadian Hedge Funds

Canadian Hedge Funds

Canadian Hedge Funds

Did you know that most hedge funds are not truly hedged? Other than the small subcategory known as absolute return funds, other funds people call hedge funds are basically funds that do not meet the various regulators' definitions of mutual funds, because they use such things as leverage, shorting or derivatives. If a fund uses such tools it is unfortunately automatically called a hedge fund. Our funds are true hedge funds:

Based on our common sense value investment philosophy the Lycos Canadian Hedge Funds aim to deliver long term capital appreciation by investing primarily in financially strong, stable businesses when the price is right, all along trying to eliminate as much as possible downside risk. Currently two hedge funds are offered to our clients and accredited investors only, both in Canada and elsewhere in the world, where securities laws allow it. (Here is the accredited investor definition in Canada. Please check with the securities regulators in your jurisdiction for information about whether you may invest in hedge funds in Canada and under what conditions, or contact us.)

Lycos Value Class O Hedge Fund

The fund's ordinary or class O units aim to deliver long term capital appreciation by investing primarily in equities, corporate bonds, and options, long and short. The main strategy is to be long stable companies, write calls out of the money on the stocks we own and use puts on the entire market for protection. We also use futures to partially hedge currency and other risks. The equity (long) portion of this hedge fund is similar to the equity portion of our Separately Managed Accounts and consists mostly of stocks in Canada and the US. The historical performance track record for the long portion of this hedge fund is similar to our performance track record of our Separately Managed Accounts. For current performance information please refer to www.fundata.com or other financial websites.

Lycos Value Class P Hedge Fund

Secured by liquid assets of the fund, the fund's preferred or class P units aim to deliver a consistent 6% return. The class P units provide preferred equity financing to the fund for the benefit of the class O unitholders. For current performance information please refer to www.fundata.com or other financial websites.

Please contact us for further information.