- An Authentic Alternative -
The portfolio has an event-driven focus, wherein catalysts are identified that will likely have an impact on a company’s stock price or capital structure. Throughout an economic cycle, different strategies will provide more favourable risk/reward tradeoffs, permitting opportunities for reallocating capital. Fundamental analysis is the cornerstone of the team’s skill set, but the investment strategies include: merger arbitrage, convertible arbitrage, high yield debt, capital structure arbitrage, fundamental longs, shorts, options and other special situations.
The principal objective is the growth of capital in excess of benchmarks and to preserve capital throughout an economic cycle. The management team takes an opportunistic approach while employing a broad range of strategies to diversify the portfolio and drive results on a consistent basis.
John Thiessen, CFA - Mr. John Thiessen is a founding partner and director of Vertex One Asset Management. Mr. Thiessen has overall responsibility for the investment and trading decisions affecting the Vertex Fund and Vertex Growth Fund. He has operated as the lead manager of the Vertex Fund since its inception on February 6, 1998. Mr. Thiessen has significant investment experience with 23 years of equity, fixed income and arbitrage investing. He began his career with the Alberta Treasury Investment Management Division, after which he became an Investment Officer with National Trust. He was a Portfolio Manager with HSBC Asset Management before co-founding Vertex One Asset Management. Mr. Thiessen holds the professional designation of Chartered Financial Analyst (CFA) and is a member of the Institute of Chartered Financial Analysts.
- Class F (NL) : VRT 301
- Class B (FEL) : VRT 302
- Minimum Investment :
- $25,000 for accredited investors
First Quarter Report, 2019 - The Vertex Fund (Class A) returned 4.26% and the Vertex Growth Fund (Class F) returned 7.69%. After the beating our equity funds took in the fourth quarter of 2018, our phones have not been this busy since the financial crisis of 2008. As long-time investors might recall, the Vertex Fund’s 2008 Q4 Report was aptly titled Annus Horribilis. It once again seems appropriate to quote...
All Vertex Funds
- aVertex Fund
- aVertex Managed Value Portfolio
- aVertex Arbitrage Fund
- aVertex Arbitrage Fund Plus
- aVertex Enhanced Income Fund
- aVertex Growth Fund
- aVertex Value Fund
- aVertex Liquid Alternative Fund
- aVertex Liquid Alternative Fund Plus
- aVertex Canadian Equity Alpha Fund
- aVertex U.S. Equity Alpha Fund
- aVertex Bond Alpha Fund