Shannon Doyle
We are pleased to announce the official launch of the Southbridge Health Care Fund, an open-ended mutual fund trust that is focused on acquiring and redeveloping long-term care homes in Ontario. The launch of this Fund has been a two year project between Yorkville Asset Management Inc. and Southbridge Capital Inc. and we are very excited to have it officially available for investors.
There has been significant interest in this newly launched fund which is of interest to investors because it provides an opportunity for stable returns. This fund focuses on acquiring older homes and redeveloping them into new, modern, Class A facilities, and so really improving the quality of care for our elderly as well. It brings together like minded investors who wish to gain access to investing in the long-term care sector in Ontario, a sector that has historically been a difficult one to gain access to due to the heavily regulated nature of the industry.
The launch of the Fund is making an impact on local communities in Southern Ontario and is detailed in a recent news article in The Record. To read this article click here.
For further information on this fund and how to purchase, please contact Jillian Wade at 647-776-2007 or jwade@yorkvilleasset.com or visit www.southbridgefunds.com.
On Tuesday, September 11th, Yorkville Asset Management Inc. (Yorkville) officially celebrated the first anniversary of its mutual fund family with a golf tournament at Copper Creek Golf and Country Club in Kleinburg Ontario. Together with over 80 advisors, from both IIROC and MFDA firms, Yorkville's managers were on hand to share the story of an excellent year of achievements in their funds. The days events also help to raise $3,400 for The Toronto Rehab Foundation and $500 in support of our special surprise guest - Miss Canada and for her Teddy Bears of Hope initiative.
Yorkville would like to acknowledge the support of many suppliers who were keen to join the fun and meet directly with our clients. We'd like to thank: Southbridge Health Care Fund, Scotiabank, National Bank of Canada, Canadian Western Trust, RBC Investor Services, Garfinkle -Biderman LLP, B2B Bank and Borden Ladner Gervais LLP
It was a brilliant and fun day for all as we together celebrated a strong year in Yorkville's mutual funds.
Yorkville Asset Management is pleased to announce the one-year anniversary of its mutual fund family – The Heritage Yorkville Mutual Fund Corporation. In addition to having reached our first anniversary of the fund group, the flagship Yorkville Enhanced Protection Class – O Series, produced a 1-year return of 9.52%. By way of comparison, the average performance of its global equity mutual fund peer group, over the same period as measured by Bloomberg, is 3.63% (Average performance of Canadian domiciled global equity mutual funds). The performance of this fund is testament to the skilled guidance of our portfolio management team and the tactics they use to generate relative outperformance while significantly reducing overall volatility. With a keen eye to reducing portfolio risk and generating opportunities looking forward, on February 1, 2013, Yorkville’s widely distributed A-Series shares of the same Yorkville Enhanced Protection Class will celebrate its own 1-year anniversary where its own specific performance number can be officially reported.
We expect big things for 2012/13 and with the help of our investors, managers and distribution partners, Yorkville Asset Management’s mutual funds are off to a fantastic start!
On September 14, 2012, Yorkville published an inaugural Structured Solutions Newsletter - This newsletter is the first in a series designed to advance a greater working knowledge and understanding of the benefits and advantages of structured solutions.
This newsletter has five sections:
1) About Yorkville
2) What are structured solutions
3) Yorkville’s approach to structured solutions
4) How structured solutions are used by Yorkville’s private and institutional clients
5) Case Study – a comprehensive look at portfolio construction and structuring considerations.
As the newsletters series continues, we will provide more in depth information on structured solutions which we hope will advance the understanding and appreciation for an asset class which is often misused, misunderstood or overlooked.
Yorkville is recognized as the Canadian market leader in the provision of advice, design and discretionary management services for structured solutions.
For more information or to request a copy of this newsletter, please contact Paul Hansen (Managing Director, Structuring & Sales) at phansen@yorkvilleasset.com.
On Wednesday, September 12th, Yorkville sponsored the University of Ottawa Heart Institute's First Annual Heart and Sole: Walk, Talk, Taste & Awe. This event, supporting the establishment of the Canadian Women's Heart Health Centre at the University of Ottawa Heart Institute, integrated a walk along the lovely Marshes Golf Course, education on women's heart health, a delicious sampler feast and a spectacular fireworks extravaganza.
The University of Ottawa Heart Institute Foundation is building a $100 million endowment fund for cardiovascular research—one of the largest of its kind—for the Institute. The endowment will allow the Heart Institute to remain at the forefront of cardiovascular research and contribute to the advancement of patient care here and around the world.
For more information on The University of Ottawa Heart Institute Foundation and ways to give, please visit http://www.ottawaheart.ca/about_us/our-foundation.htm.
On Wednesday, July 4th, Yorkville sponsored West Lincoln Memorial Hospital Foundation's Annual Drinks on the Links Golf Classic. Yorkville's sponsorship included Tournament Sponsor, Drinks on the Links Sponsor, and also having the very enjoyable task of manning a wine and cheese table at Hole 10.
The West Lincoln Memorial Hospital Foundation operates exclusively as a non-profit, charitable foundation, raising funds to support the hospital’s medical programs and health services. Their goal is to enable West Lincoln Memorial Hospital to provide quality healthcare services to the 65,000 residents of west Niagara and to meet west Niagara’s changing health care needs now and in the future.
For more information on this foundation and ways to donate, please visit http://www.wlmhfoundation.ca/index.html.
On June 28th, 2012, Yorkville hosted an informational event for prospective investors for the upcoming launch of the Southbridge Health Care Fund.
The event was hosted by Ralph Desando, Managing Director of Yorkville Asset Management and Mike Petersen, CEO of Southbridge Capital. A presentation outlining the Southbridge Health Care Fund, the positive demographics, ongoing government funding coupled with the chronic shortages of supply was delivered. In addition, the presentation outlined the parameters of the investment, including a proposed 8% annual distribution, and a committed investment by the sponsor of $20 million.
For further information, please feel free to contact Ralph Desando at rdesando@yorkvilleasset.com.
On Wednesday, May 9th, Yorkville helped sponsor The Pinehurst Club in holding its 5th Annual Breakfast with Silken Laumann as keynote speaker.
Sleeping Children Around the World (SCAW) donations provide bedkits to children of any race and/or religion who will benefit the most; typically being located in underdeveloped and developing countries.
No portion of a bedkit donation is spent on administration — 100% reaches a needy child. Each *$35 donation (Canadian funds) provides a bedkit that consists of a mat or mattress, pillow, sheet, blanket, mosquito net (if applicable), clothes outfit, and school supplies. Bedkit contents vary from country to country depending upon local needs.
For more information on this charity and for information on how to donate, please visit http://www.scaw.org/.
Jillian Wade is an Associate Portfolio Manager and Trader at Yorkville Asset Management Inc. She has an active role in both public and private investments and is a member of the Investment Committee and Portfolio Management team. Jillian graduated from University of Victoria with a Bachelor of Science and a Minor in Business. Upon graduation she worked at Canaccord Genuity Inc. in Boston. She has passed Level I of the CFA program.
On Thursday, March 22, Yorkville Asset Management Inc. (Yorkville) held its Second Annual Spring Investment Forecast in the Rooftop Salon of the Park Hyatt hotel in downtown Toronto.
The night displayed an excellent balance between education and entertainment – Toronto vocalist, Candice Chantrell, brought guests through the opening reception with covers of contemporary and classical music – While Mike Petersen (President & CEO – Southbridge Capital Inc.) introduced the Southbridge Health Care Fund and Hussein Amad (President & CEO – Yorkville Asset Management Inc.) shared his market expertise throughout dinner. The night concluded with Andrew Cairns, Yorkville’s National Director of Sales, hosting the ‘Observations & Details Trivia’ – where guests were quizzed on details from the night and current events. Prizes were handed out to the top seven by the two lovely hostesses of the evening, Danielle Jackson & Chanel Beckenlehner.
We feel the night was a grand success and we are looking forward to hosting next year's Third Annual Spring Investment Forecast.
For questions on any information presented throughout the evening, please contact Shannon Doyle at sdoyle@yorkvilleasset.com or 647-776-8163.
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