CALGARY – Nov. 7, 2024 – Invico Capital Corporation (“Invico”), a Canadian investment fund management firm providing alternative investing and financing solutions in North America, is pleased to announce its signature fund, Invico Diversified Income Fund (“IDIF” or “the Fund”), was the recipient of two awards at the 2024 Canadian Hedge Fund Awards (“CHFA”).
IDIF took home third place in the Best 3-Year Return, Private Debt category, after being nominated and placing in the top-three at each of the past three CHFAs. The Fund also placed third in the Best 5-Year Return, Private Debt category. The CHFA helps investors identify Canada’s most exceptional hedge funds and are often considered the highest honour in the hedge fund industry. A total of 273 Canadian hedge funds were included in this year’s program, with winners being recognized in six categories based on return performance collected and tabulated by Fundata Canada, as well as the Overall Best 2024 Canadian Hedge Fund. No nomination process or subjective assessment exists in identifying the winning hedge funds.
“We are honoured to have received these awards and see them as a reflection of the continued excellence of our portfolio management team and success of the Fund,” said Allison Taylor, Chief Executive Officer of Invico and Portfolio Manager of IDIF. “We are pleased that IDIF has continued to produce positive results and provide our unitholders with a viable solution for generating yield through various market cycles.”
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.
For more information on Invico Capital Corporation or Invico Diversified Income Fund, please contact us directly.