Invico Capital Corporation’s signature fund, Invico Diversified Income Fund (IDIF), placed second in both the Best 3-Year Return, Private Debt, and Best 5-Year Return, Private Debt, categories at the 2021 Canadian Hedge Fund Awards (CHFA).
This marks the second time IDIF has been recognized at the CHFA, which placed second in the Best 5-Year Return, Private Debt, and third in the Best 3-Year Return, Private Debt, categories in 2019.
“We are pleased to have achieved these returns over a challenging year,” said Jason Brooks, President of Invico. “With over $124 million of transactions completed since the onset of the pandemic, IDIF is well-positioned to see continued strong returns, particularly in our energy allocation, over the next several years. We want to congratulate this year’s contenders and thank our investment management, energy, accounting, and back-office teams for their hard work and acknowledge the support of over 7,000 IDIF unitholders.”
The CHFA helps investors identify Canada’s most exceptional hedge funds by recognizing winners across five categories and is considered the highest honor in the hedge fund industry. 226 Canadian hedge funds were included in the 2021 CHFA program, with winners being selected based on quantitative performance data managed by Fundata Canada. No nomination process or subjective assessment exists in identifying the winning hedge funds. For more details, please read the press release issued by AlternativeIQ, the host organization of the CHFA.