 | Mountainview Opportunistic Growth Fund LP |
| Mountainview Alternative Income Fund |
| Mountainview Growth Fund |
Additional Information
 | Limited Partnership Agreement |
| Subscription Agreement |
Professional Partners
| Prime Broker: | TD Securities |
| Auditor: | Silver Gold Glatt & Grosman |
| Legal Council: | Ogilvy Renault |
| Administrator: | IAS |
| Fund Code: | MAM402 |
Fund Summary
| Minimum Investment: | $25,000 |
| Management Fee: | 2.25% |
| Performance Fee: | 20% |
| Hurdle Rate: | 10% |
| Highwater Mark: | Yes |
| Subscriptions: | Weekly |
| Redemptions: | Quarterly after one year |
Statistical Summary
| Fund | |
| Total Return: | 168% |
| % of Up Weeks: | 60.5% |
| Average Up Week: | 2.1% |
| % of Down Weeks: | 39.5% |
| Average Down Week: | -1.7% |
| Correlation to Index | 0.15 |
Mountainview Opportunistic Growth Fund LP
Please note: This fund is currently closed to new investment
Monthly Performance Data
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | YTD |
| 2002 | 1.10% | 18.90% | 20.20% | ||||||||||
| 2003 | 5.57% | -3.31% | -2.69% | -3.02% | 2.85% | -0.08% | -8.66% | 24.47% | 15.96% | 11.98% | 5.75% | 3.23% | 59.57% |
| 2004 | 8.86% | 1.86% | 0.14% | -5.57% | -1.73% | -3.63% | -7.74% | -1.22% | 3.18% | 3.71% | 1.05% | 6.43% | 5.35% |
| 2005 | -1.79% | 9.29% | -2.34% | -6.99% | -1.31% | 1.01% | 2.16% | 1.70% | 4.92% | -3.24% | 0.90% | 1.83% | 5.33% |
| 2006 | 4.28% | 1.49% | 0.55% | 3.15% | -3.32% | -4.08% | -0.19% | 7.47% | -1.20% | 1.44% | 6.27% | 0.46% | 16.83% |
| 2007 | 0.67% | 2.85% | 0.36% | 1.72% | -2.28% | -1.17% | -3.06% | 11.99% | 0.68% | 0.19% | 1.34% | -6.03% | 6.45% |
| 2008 | -2.03% | 1.72% | -2.71% | -1.94% | -3.54% | -3.11% | -3.92% | 1.19% | -13.61% |
*Asset Management transferred from Jovian Investment Management Inc. to Mountainview Asset Management Inc. in September 2007.
Fund Overview
Description: Mountainview Opportunistic Growth Fund LP is an Ontario limited partnership which is structured as a long/short Canadian equity fund. This onshore fund was established in November 2002 and is offered exclusively to Canadian residents. Please note: This fund is currently closed to new investment
Strategy: The majority of company specific investments will be made in small to mid-cap companies as it is our belief that these companies are under-followed by the investment industry and therefore are often priced inefficiently.
Pricing Policies: Restricted securities are priced at a 25% discount to the underlying security. Warrants are priced at $0.00 until such time that they are exercised or sold.
Hedging Strategy: To enhance the risk-adjusted profile of the portfolio, the fund has the ability to dynamically hedge the impact of the downside risk. The purpose of shorting is to reduce the volatility in the monthly returns and thereby improve the risk return profile of the overall strategy.
Director of Investments: Andrew Ecclestone, CFA has over 18 years experience in the management of equity based portfolio's and has been responsible for the management of both Canadian and U.S. Equity portfolio's with a combined valuation in excess of $1 billion U.S.
