Inflection Strategic Opportunities Fund Posts 18.42% Net Return For 2012, Outperforms... |
Date: Friday, March 8, 2013
Author: Press Release
Inflection Strategic Opportunities Fund
Posts 18.42% Net Return For 2012,
Outperforms Benchmark Indices
December 2012 net
return of 1.58% also outperforms Vancouver, BC – February
11, 2012 – Inflection Management Inc. today announced that the Inflection
Strategic Opportunities Fund (“Inflection” or the “Fund”) delivered a net return
of 1.58% in December 2012 and 18.42% for 2012, outperforming the Fund’s
benchmark indices for both periods. “December capped a very
strong year for our fund,” said Ari Shiff, Founder and Head of Fund Research.
“We are pleased to be able to consistently deliver these strong returns with a
portfolio of diversified alternative investments, especially at a time when so
many investors are finding it challenging to source attractive performance.” “Our strong performance
demonstrates that healthy returns do not require taking outsize risk, but can
follow from patiently seeking sources of overlooked value in global
opportunities such as securitized credit markets, sovereign debt, and other
dislocations caused by political and macroeconomic interference,” added Mr.
Shiff. “Our opportunistic strategy allows us to flexibly allocate where the
opportunities appear. Our research team works very hard at uncovering hidden
gems that investors may read about in the newspaper but would otherwise find
difficult to access. We look forward to an exciting 2013.” The Fund’s most relevant
benchmark, the HFN Fund of Funds Multi Strategy Index returned 1.01% for
December 2012 and 4.78% for 2012. Another relevant benchmark, the Scotiabank
Canadian Hedge Fund Index, lost 0.08% in December 2012 and is down 4.73% for
2012. About Inflection
Management Inc. Inflection Management
Inc. is a Portfolio Manager, Investment Fund Manager, and Exempt Market Dealer
based in Vancouver BC. Inflection Management is registered as an Exempt Market
Dealer in the provinces of Ontario, Quebec, Saskatchewan, Alberta, and British
Columbia. Inflection’s Founder and President, Ari Shiff, has over 20 years of
experience in the financial markets with particular emphasis on hedge funds,
special situations, mergers, and acquisitions. Inflection Management’s
flexible investment style and markets experience allows it to select what it
believes are the most appropriate mix of strategies to suit diverse market
conditions and to seek to opportunistically capitalize on near term trading
opportunities. About Inflection
Strategic Opportunities Fund The Inflection Strategic
Opportunities Fund (the Fund) is a fund of hedge funds. It invests in a broad
array of carefully selected and analyzed hedge funds in order to capitalize on
dislocations and market opportunities. The Fund has a global mandate and focuses
primarily on the Americas, Europe and Asia, providing access to the expertise of
hedge fund managers in identifying what it believes are exceptional investment
opportunities throughout the world. Some taxable investors may find that the
Fund`s structure has significant tax benefits. For further information,
contact: Ari Shiff Inflection Management
Inc. Tel: 604.730.9147 Fax: 604.730.9149
www.inflectionmanagement.com Disclaimers Data Source for
Index/Fund Performance: Kaufman Rossin Fund Services. Fund performance numbers
presented are net returns after investment management and performance fees which
vary by class of unit. Index returns shown above are for general information
purposes only. The returns stated reflect the most current data at the time of
issuing this communication. Returns may be amended after we have reported these
monthly numbers. These amendments may be due to repricing adjustments or receipt
of more accurate data, among other things, and are reflected in the next
period`s document. Past performance is not necessarily indicative of future
performance. The HFN Fund of Funds index contains a wide variation of
hedge funds that may limit its comparability to ISOF. FEBRUARY 2012
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