Mutual funds

The Teraz Fund is focused on providing investors with long term capital growth by investing in a diversified portfolio of Canadian small and micro-cap equities. The Fund is long-biased, taking long positions in early stage companies run by successful entrepreneurs, including start-ups, listed cash-rich shells, merger and acquisition candidates as well as deep fundamental value and turnaround opportunities.

Individual positions are limited to 10% of the Fund based on cost. Private companies are limited to 10% of the Fund based on cost. See Offering Memorandum for full details.

Why Invest?

The Teraz Fund is focused on providing investors with long term capital growth by investing in a diversified portfolio of Canadian small and micro-cap equities. The Fund is long-biased, taking long positions in early stage companies run by successful entrepreneurs, including start-ups, listed cash-rich shells, merger and acquisition candidates as well as deep fundamental value and turnaround opportunities.

Individual positions are limited to 10% of the Fund based on cost. Private companies are limited to 10% of the Fund based on cost. See Offering Memorandum for full details.

  • Teraz’s investment strategy is to take advantage of special situations in Canadian small-/micro-cap equities
  • The investment team conducts extensive research and due diligence to uncover early stage opportunities, merger & acquisition candidates, deep fundamental value, and turnaround opportunities
  • Teraz operates at the small-/micro-cap end of the spectrum because it believes this is where capital formation happens – which provides the opportunity for investor capital to grow exponentially.
  • Very high returns are more likely here because growth is greater in a company’s early years, and the smaller end of the market is so poorly covered by the street
  • Teraz’s performance has been recognized globally, having been named by Prequin as one of the Top Performing Hedge Funds, Top Performing Equity Strategies and Top Performing Discretionary Strategies in the world in 2016

Fund details

Strategy
Opportunistic - Special Situations (micro-cap Canadian equities)
Fundserv Code
SPA969
RSP Eligible
Yes
Subscription Frequency
Monthly, on the last business day of each month
Minimum Investment
$1,000 (accredited investors only)
Currency
Canadian dollars
Management Fee
2% per annum
Performance Fee
20%
High Water Mark
Yes, no reset
Lock-up Period
None
Redemption Frequency
Monthly, on the last business day of each month
Redemption Notice
45 Days
Early Redemption Fee
5% if redeemed within 12 months