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Friedberg Global Macro Hedge
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Fund Sponsor: Friedberg Mercantile Group Ltd.
Portfolio Manager: Friedberg Mercantile Group Ltd.
Fund Type: Open-Ended

Asset Class: Alternative Strategies
5-Star Rating:
RRSP Eligible: Yes

Inception Date: October, 2006
Total Assets: n/a
Sales Fee Type: No Load
Mgmt Expense Ratio (MER): 2.35%
Closed: No

Min. Invest (initial): $20,000.00
Subsequent: $1,000.00
Min. Invest (initial RRSP): $20,000.00
Subsequent RRSP: $1,000.00
Restricted: Yes
( Min. Investment $20,000)


Statistics


As of January 19, 2018

Current Price: $10.97
Daily Change $: $0.24
1 day: 2.22%
7 day: 0.73%
Month-to-Date: 14.17%
30 day: 22.33%
Year-to-Date: 14.17%

Returns as of December 31, 2017
Fund Group Avg Index*
1 month 4.43% 0.43% 1.20%
3 month 35.77% 2.96% 4.45%
6 month 35.28% 4.03% 8.30%
1 year 40.56% 6.87% 9.10%
3 year 10.76% 2.73% 6.59%
5 year -5.68% 5.34% 8.63%
10 year 5.76% 2.81% 4.65%
15 year n/a 6.60% 9.02%
20 year n/a 11.39% 7.03%
Since Inception 7.53% n/a n/a
3 year risk 21.41 13.77 7.35
3 year beta -0.69 0.63 1.00
* Index refers to S&P/TSX Total Return

Top Holdings as of Jun 30, 2017
Other       62.20%
Brazil 10.000% 01-Jan-2027       20.22%
Brazil 10.000% 01-Jan-2025       19.22%
Foreign Cash       6.17%
Alpha Bank SA Ord       3.45%
National Bank of Greece SA Ord       2.65%
Eurobank Ergasias SA Ord       2.45%
Piraeus Bank SA Ord       1.77%
Extras

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Fund Codes & Fees
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Fund Price History
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Investment Objectives
The Fund is a multi-strategy commodity pool whose investment objective is to seek, through the investments of Friedberg Global-Macro Hedge Fund Limited Partnership, significant total investment returns, consisting of a combination of interest income, currency gains and capital appreciation by investing in the following four discrete groups of investments: (i) long positions in fixed income securities; (ii) long and short positions in equity securities; (iii) currency forwards and futures contracts and options thereon (''Currency Futures Instruments''); and (iv) commodity forwards and futures contracts and options thereon, and other over-the-counter traded derivatives instruments (''Commodity Futures Instruments''). The Fund will employ leverage when investing in Currency Futures Instruments and Commodities Futures Instruments.

Portfolio Composition
as of Jun 30, 2017

Sector Weightings
as of Jun 30, 2017

Other 71.97% Financials 10.31%
Bond 39.44% Telecommunication Services 1.07%
Stock -11.41% Consumer Discretionary -22.79%

Portfolio Manager(s)

Albert D. Friedberg, MBA Manager
Friedberg Mercantile Group Ltd.
Start Date: October, 2006
Fund Return: 7.54%
Both the Trading Manager and FMG were founded by Albert D. Friedberg, a recognized expert of foreign currencies and commodities, who was born in Lyon, France, raised in Uruguay and educated at Johns Hopkins University and Columbia University, where he received an M.B.A. in International Banking. Mr. Friedberg served as Chairman of The Toronto Futures Exchange from March, 1985 to June, 1988. Mr. Friedberg and his family indirectly beneficially own a controlling interest in each of FMG, the Trading Manager and the General Partner.