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Teraz Fund

Teraz invests 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.

Current Monthly Report

 

Why Invest?

  • The Fund is research-focused on the most under-followed & inefficient segment of public markets, one that has the potential for outsized returns

  • Long positions in early stage companies run by successful entrepreneurs including start-ups, listed cash-rich shells, RTO’s

  • Opportunistic – special situations, deep fundamental value, turnarounds, merger & acquisition candidates

  • Material commitment of investment team and senior management

  • Suitable for investors seeking long-term growth who can tolerate very high volatility

Fund Details

Legal structure
Trust
Strategy
Opportunistic - Special Situations (micro-cap Canadian equities)
 
Fundserv Code
Class
A: SPA967
F: SPA973
I: SPA969
RSP Eligible
Yes
Subscription Frequency
Monthly, on the last business day of each month
Minimum Investment (accredited investors only)
$25,000 (Class F requires an aggregate minimum investment of C$2million per Investment Advisor)
Currency
Canadian dollars
Management Fee
Class
A: 2% per annum
F: 1% per annum
I: 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

Documents

Offering Memorandum Subscription Agreement Fund Setup Sheet Financial Statements