Invico Diversified Income Fund (“IDIF”) has been named a Top Contender in two categories at the 2024 Canadian Hedge Fund Awards (CHFA). Alternative IQ released the names of the top candidates in several categories, including IDIF, which has been selected as one of the top funds in the Best 3-Year Return and Best 5-Year Return, Private Debt categories. The winners in each category will be announced during a live awards presentation on November 5, 2024, in Toronto, ON.
The CHFA helps investors identify Canada’s most exceptional hedge funds by recognizing winners across seven categories based on quantitative performance data managed by Fundata Canada. The awards are often considered the highest honour in the hedge fund industry and are based on return performance rather than nominations or subjective assessments.
This marks the fifth time IDIF has been recognized as one of Canada’s leading private debt funds. In 2023, IDIF won the Best 3-Year Return, placed second in the Best 5-Year Return and placed third in the Best 1-Year Return, Private Debt categories. Prior, IDIF placed first in the Best 1-Year Return and second in the Best 3-Year Return and Best 5-Year Return, Private Debt categories at the 2022 CHFA. In 2021, IDIF placed second in the Best 3-Year Return and Best 5-Year Return, Private Debt categories, and placed second in the Best 5-Year Return and third in the Best 3-Year Return, Private Debt categories in 2019.
See a complete list of this year’s Top Contenders.