StoneCastle Cannabis Growth Fund

The StoneCastle Cannabis Growth Fund invests primarily in equity securities of North American publicly listed companies that operate in, or derive a meaningful portion of their revenue or earnings from, the cannabis industry or related industries, such as cannabis production and distribution, biopharmaceuticals and other ancillary businesses including edible and infused cannabis products, nutraceuticals, real estate, technology, security solutions, financing, delivery systems and retail distribution.

Current Monthly Report

Why Invest?

  • Interested in gaining exposure to the growing cannabis industry

  • Active management in an area that is dominated by ETFs

  • Investment team has experience investing in the cannabis sector since 2013

  • Performance fees only paid if fund beats index

Fund Details

Strategy
Actively managed North American cannabis fund
Fundserv Code
Class
A: SPA1301
D: SPA1303 (discount brokers only)
F: SPA1305 (fee-based advisors only)
RSP Eligible
Yes
Subscription Frequency
Weekly, on the last business day of each week
Minimum Investment
C$500 initial and C$100 thereafter
Currency
Canadian dollars
Management Fee
Class
A: 2.00% per annum (incl. 1.00% pa trailer fee to advisors)
D: 1.25% per annum (incl. 0.25% pa trailer fee to discount brokers)
F: 1.00% per annum (fee-based advisors only)
Performance Fee
20% of the return in excess of the return on the North American Marijuana Index, crystallized quarterly
High Water Mark
Perpetual
Lock-up Period
None
Redemption Frequency
Weekly, on the last business day of each week
Redemption Notice
1 business day
Early Redemption Fee
2% if redeemed within 30 days

Documents