Key Takeaways
- • NCM Investments' Kipling family of alternative funds secured nine finalist nominations across the 2023 Canadian Hedge Fund Awards, spanning three distinct funds competing in credit-focused and equity-focused categories.
- • Kipling Strategic Income (Credit Focused) earned three finalist nominations: Best 5-Year Return, Best 3-Year Sharpe Ratio, and Best 5-Year Sharpe Ratio, demonstrating consistent risk-adjusted performance in fixed income investing.
- • Kipling Global Enhanced Growth Fund (Equity Focused) qualified as a finalist in three categories: Best 1-Year Return, Best 5-Year Return, and Best 5-Year Sharpe Ratio, signaling strong absolute and risk-adjusted performance metrics.
- • Kipling Global Enhanced Dividend (Equity Focused) advanced as a finalist for Best 5-Year Sharpe Ratio, highlighting disciplined risk management in equity dividend strategies.
- • The 2023 Canadian Hedge Fund Awards program evaluated 233 unique Canadian hedge funds using quantitative performance data through June 30, 2023, tabulated by Fundata Canada, with awards to be presented October 17, 2023.
Summary
NCM Investments announced on October 3, 2023, that its Kipling family of alternative funds has been named finalists for the 2023 Canadian Hedge Fund Awards, securing recognition across multiple performance and risk-management categories. The finalist selections span three funds competing in distinct investment categories, representing a broad recognition of the Kipling platform's performance consistency.
Kipling Strategic Income, a fixed income 130/30 alternative fund structure designed to seek yield while managing risk through both long and short positions, earned three finalist nominations in the Credit Focused category: Best 5-Year Return, Best 3-Year Sharpe Ratio, and Best 5-Year Sharpe Ratio. The 130/30 structure—holding 130% long positions and 30% short positions—enables the fund to pursue enhanced returns while deploying active risk management techniques within fixed income markets.
In the Equity Focused category, two funds advanced as finalists. Kipling Global Enhanced Growth Fund qualified in three categories (Best 1-Year Return, Best 5-Year Return, and Best 5-Year Sharpe Ratio), while Kipling Global Enhanced Dividend secured a finalist position for Best 5-Year Sharpe Ratio. The emphasis on Sharpe Ratio recognition across all three funds underscores their risk-adjusted return performance—a critical metric for institutional investors assessing performance relative to volatility.
Alex Sasso, CEO of NCM, stated: "I am incredibly proud of the entire Kipling investment team as this award is a reflection of our ongoing commitment to supporting advisors and creating a strong client experience." Wan Kim, Senior Vice President of National Sales & Marketing at NCM, added that Sharpe Ratio recognition reflects "disciplined risk management" across the fund family. The 2023 Canadian Hedge Fund Awards evaluated 233 unique Canadian hedge funds based on quantitative performance data through June 30, 2023, as tabulated by Fundata Canada. Awards will be presented at a gala dinner on October 17, 2023, at One King West Hotel in Toronto, following the 2023 Canadian Hedge Fund Conference.
Kipling Strategic Income, a fixed income 130/30 alternative fund structure designed to seek yield while managing risk through both long and short positions, earned three finalist nominations in the Credit Focused category: Best 5-Year Return, Best 3-Year Sharpe Ratio, and Best 5-Year Sharpe Ratio. The 130/30 structure—holding 130% long positions and 30% short positions—enables the fund to pursue enhanced returns while deploying active risk management techniques within fixed income markets.
In the Equity Focused category, two funds advanced as finalists. Kipling Global Enhanced Growth Fund qualified in three categories (Best 1-Year Return, Best 5-Year Return, and Best 5-Year Sharpe Ratio), while Kipling Global Enhanced Dividend secured a finalist position for Best 5-Year Sharpe Ratio. The emphasis on Sharpe Ratio recognition across all three funds underscores their risk-adjusted return performance—a critical metric for institutional investors assessing performance relative to volatility.
Alex Sasso, CEO of NCM, stated: "I am incredibly proud of the entire Kipling investment team as this award is a reflection of our ongoing commitment to supporting advisors and creating a strong client experience." Wan Kim, Senior Vice President of National Sales & Marketing at NCM, added that Sharpe Ratio recognition reflects "disciplined risk management" across the fund family. The 2023 Canadian Hedge Fund Awards evaluated 233 unique Canadian hedge funds based on quantitative performance data through June 30, 2023, as tabulated by Fundata Canada. Awards will be presented at a gala dinner on October 17, 2023, at One King West Hotel in Toronto, following the 2023 Canadian Hedge Fund Conference.
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