Bromma Resource Canada Access Fund
The Bromma Resource Canada Access Fund (the “Fund”) is a resource-focused, predominantly equity-based fund whose investment objective is to provide shareholders with long-term capital appreciation via accessing the returns of the Cayman-domiciled Bromma Resource Fund Inc. (the “Master Fund”). The Master Fund’s investment strategy aims to provide upside capture when commodity prices are bullish while at the same time offering downside protection and return generation via short-selling when commodity prices are bearish. A majority of the Master Fund’s investments will be in public equities and will also include convertible debentures of publicly-traded resource-related businesses.
The Master Fund focuses on catalysts which encompass the following three main areas:
- Event Driven Financings – Bromma originates, and through its network, has access to financings with asymmetric risk-to-reward profiles; it also believes that it receives strong allocations on over-subscribed financings (both brokered and non-brokered) that can outperform the market
- Investing in Developers – Bromma invests in companies that are on the verge of becoming producers for the purpose of capitalizing on the “re-rate” – i.e., the increase in the valuation multiple as a company moves from the development to production stage
- Structured financings – Bromma participates in and has originated convertible debenture financings on favourable terms for companies it believes have best-in-class projects
Why Invest?
- While the Fund can serve as a vehicle for investors seeking to take advantage of the commodity boom, its deal flow should permit the Fund to make money regardless of secular trends.
- Given the long history of the Fund’s key principals in the resource extraction sector, Bromma has an edge in resource investing through its network, its superior access to deal flow, and its ability to originate financings, manage risk, and structured financing positions.
- The Fund’s principals are significant investors in the fund ensuring an important alignment of interest between manager and investors.
- Since October 2019, the Master Fund has produced net compound annualized returns to investors in excess of +24%.
Fund Details
| Class | |
| A : | SPA2000P |
| F : | SPA2002P |
| Class | |
| A : | 2.25% |
| F : | 1.25% |
| I : | 2.00% |
