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Fund Description

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.

Fund Details
Strategy Micro-cap Canadian equities
FundSERV No
RSP Eligible Pending
Subscription Frequency Monthly, on the last business day of each month
Minimum Investment $50,000 initial and $10,000 subsequent (accredited investors only)
Currency Canadian dollars
Management Fee 2% per annum
Performance Fee 20%
High Water Mark Yes, no reset
Lock-up Period 12 months
Redemption Frequency Monthly, on the last business day of each month
Redemption Notice 1 month
Early Redemption Fee None
Manager/Trustee Spartan Fund Management Inc.
Prime Broker/Custodian BMO Capital Markets
Auditor Deloitte LLP
Legal Counsel McMillan LLP
Inception Date January 2, 2012


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Documents

Click on the relevant link below to download the appropriate document for the Teraz Fund:

Contact

For more information on the Teraz Fund, please contact your investment advisor.  If you do not have an investment advisor, please contact us.


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