Key Takeaways
- • Goodwood Milford Fund secured 1st Place for Best 1 Year Return at the 2019 Canadian Hedge Fund Awards, marking its 8th recognition across multiple award cycles since 2012.
- • The Fund has delivered a +12.5% net annualized return since inception with notably low monthly return volatility, employing a defensive, yield-oriented investment strategy focused on fundamental securities selection and portfolio diversification.
- • The award represents the 6th consecutive year of recognition for Goodwood's fixed-income strategy, with prior accolades including 1st Place for Best 5 Year Annualized Return (2017) and multiple Sharpe Ratio placements (2012, 2015, 2016), demonstrating consistent risk-adjusted performance across market cycles.
- • Chris Currie, CFA, Portfolio Manager, leads the strategy across both the Goodwood Milford Fund and Goodwood's private client Segregated Accounts Program, emphasizing income maximization and capital appreciation through disciplined portfolio construction.
- • The Canadian Hedge Fund Awards, sponsored by KPMG LLP and Fundata and administered by Alternative IQ, are entirely quantitative and performance-based, providing institutional investors with objective peer benchmarking for hedge fund selection.
Summary
Goodwood Inc. announced that the Goodwood Milford Fund LP achieved 1st Place in the Best 1 Year Return category at Alternative IQ's 2019 Annual Canadian Hedge Fund Awards, held in Toronto and sponsored by KPMG LLP and Fundata. This marks the fund's 8th recognition since 2012, underscoring a multi-year track record of consistent performance across varying award categories and measurement periods.
The fund's investment approach centers on a defensive, yield-oriented strategy designed to maximize income and capital appreciation through fundamental securities selection and portfolio diversification. Since inception, the fund has generated a +12.5% net annualized return while maintaining notably low monthly return volatility—a characteristic increasingly valued by institutional investors seeking stability and predictable cash flows in uncertain market environments.
Curt Cumming, President of Goodwood, characterized the award as continued validation of the firm's portfolio methodology, which is also applied to Goodwood's private client Segregated Accounts Program. Chris Currie, CFA and Portfolio Manager, manages both vehicles and noted that the recognition reflects ongoing support from unitholders. The fund's broader award history includes 1st Place for Best 5 Year Annualized Return (2017), 3rd Place for Best 5 Year Annualized Return (2018), and multiple placements in risk-adjusted categories, including 2nd Place for Best 5 Year Sharpe Ratio (2015, 2016).
The Canadian Hedge Fund Awards operate on a purely quantitative framework, with performance data collected and tabulated independently, making them a relevant benchmark for hedge fund investors evaluating manager selection criteria. Goodwood's repeated success across one-year, three-year, and five-year measurement periods suggests institutional-grade consistency in both absolute returns and volatility management—factors critical for family offices and institutional allocators conducting due diligence on alternative investment managers.
The fund's investment approach centers on a defensive, yield-oriented strategy designed to maximize income and capital appreciation through fundamental securities selection and portfolio diversification. Since inception, the fund has generated a +12.5% net annualized return while maintaining notably low monthly return volatility—a characteristic increasingly valued by institutional investors seeking stability and predictable cash flows in uncertain market environments.
Curt Cumming, President of Goodwood, characterized the award as continued validation of the firm's portfolio methodology, which is also applied to Goodwood's private client Segregated Accounts Program. Chris Currie, CFA and Portfolio Manager, manages both vehicles and noted that the recognition reflects ongoing support from unitholders. The fund's broader award history includes 1st Place for Best 5 Year Annualized Return (2017), 3rd Place for Best 5 Year Annualized Return (2018), and multiple placements in risk-adjusted categories, including 2nd Place for Best 5 Year Sharpe Ratio (2015, 2016).
The Canadian Hedge Fund Awards operate on a purely quantitative framework, with performance data collected and tabulated independently, making them a relevant benchmark for hedge fund investors evaluating manager selection criteria. Goodwood's repeated success across one-year, three-year, and five-year measurement periods suggests institutional-grade consistency in both absolute returns and volatility management—factors critical for family offices and institutional allocators conducting due diligence on alternative investment managers.
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