Invico Diversified Income Fund ("IDIF") has achieved a major milestone today by reaching its ninth year of fund operations. Initially established in 2013, IDIF has continued to offer advisors and investors a differentiated alternative investment strategy proven to withstand challenging market conditions, including those facing today’s marketplace. With continuing volatility in stock and bond markets, inflation unlikely to return to the central bank’s 2% target until 2024, and the Bank of Canada continuing to hike interest rates, advisors are increasingly seeking solutions to help grow their client’s capital and generate cash flow. Today, there is a growing sentiment amongst the industry’s best that incorporating alternative investments into client portfolios can be an optimal solution for addressing these issues and benefiting from several potential advantages. In fact, over the past several years, most major Canadian endowment funds have reallocated towards private equity and private debt in recognition of this opportunity.
A private yield solution like the Invico Diversified Income Fund (“IDIF”), which offers diversified exposure to private debt and energy commodities, is well suited to help address these challenges. Now having reached its ninth anniversary, IDIF has continued its track record of never missing a redemption request or monthly distribution and earlier issued an additional distribution to unitholders of record in Q1 and Q2 2022. IDIF continues to be an ideal option for investors seeking cash flow as it offers monthly distributions and has produced a year-to-date return of 11.8% for its Class F unit as at Sept. 30, 2022, and 8.7% for its Class B unit as at June 30, 2022.