The fund is invested based on a disciplined value-based philosophy that emphasizes global research
Toronto-based investment management firm IBV Capital has announced that Class F units of its IBV Capital Global Value Canadian Feeder Fund are now available on the Bank of Canada retail investment platform.
“We’re excited to be a part of the RBC retail platform,” said IBV Capital President and CEO Talbot Babineau. “We believe our Global Value Canadian Feeder Fund’s flexible, global investment mandate will greatly appeal to RBC advisors and their clients.”
The firm seeks to produce attractive long-term rates of return while preserving capital through all market conditions. The fund holds a concentrated portfolio of carefully selected investments, all chosen from opportunities that provide the greatest potential for safe capital growth.
According to the fund’s offering memorandum, its assets will be invested through a “master-feeder” fund structure in IBV Capital Global Value Fund LP, an open-ended exempted limited partnership established under the laws of the Cayman Islands. The fund is able to use a variety of investment strategies, including long and short equity investments, pair trading, and private placements and IPOs.
The memorandum says IBV seeks companies or financial instruments that have a lower market value than their intrinsic value. The firm assesses intrinsic value based on factors including a company’s business model, financial performance, growth prospects, and the dynamics and outlook of the industry it operates in, as well as the existing economic and investing climate.