Pinnacle Wealth Brokers Launches Retail Focused Hedge Fundadmin
Pinnacle Wealth Brokers Launches Retail Focused Hedge Fund
Calgary, Alberta CANADA, February 19, 2014 /FSC/ – Pinnacle Wealth Brokers has officially launched the Niagara Access Alpha Fund, a unique offering, representing the only Canadian hedge fund of managed futures structured specifically for the retail private marketplace. “The Niagara Access Alpha Fund provides access to a product that has a demonstrated track record of performance, and we are excited to bring this offering into the marketplace for our investors,” states Rick Unrau, President and CEO of Pinnacle. “We are delighted to have been granted exclusive distribution of the fund, and look forward to working with the experienced team at Niagara Capital Partners.” The Niagara Access Alpha Fund offering was created by Niagara Capital Partners Ltd., experienced investment fund managers, to give retail investors the opportunity to invest in the Niagara Discovery Fund, which had traditionally only accepted large subscriptions from high net worth individuals and family offices. “It had to have small minimums. It had to be RRSP eligible. And it needed solid distribution,” said co-founder David Rothberg. “The quality of their agents, their wide market penetration and their high standards of compliance convinced us to go with Pinnacle as our exclusive agents.”
About Niagara Discovery Fund: The Niagara Discovery Fund is a managed futures based fund of hedge fund strategies set in a limited partnership structure, formed under the laws of the Province of Ontario. The Niagara Discovery Fund was designed to efficiently give HNW individuals and family offices, access to a professionally managed and diversified portfolio of managed futures strategies. The fund seeks to offer a return stream uncorrelated to a traditional portfolio of stocks and bonds by utilizing managed futures to trade in four asset classes: equities, fixed income, currencies and commodities. From inception in November 2006 to December 31 2013, the fund earned a compounded annual rate of return of 10.8% net of fees. Assets under management in the Discovery program were $16.7 million USD.
About Niagara Capital Partners Ltd.: Founded in 2004 by David Rothberg and Michael Grant, Toronto-based Niagara Capital Partners Ltd. is an administrative management firm, which, through its funds, offers institutional and high net worth individuals investments in liquid alternative strategies. The strategies are incorporated into multi-strategy fund formats and made available to Canadian and international investors. www.niagaracapital.ca
About Pinnacle Wealth Brokers: Pinnacle Wealth Brokers provides private market investments under National Instrument 31-103 and is registered as an Exempt Market Dealer, with registration in the provinces of AB, BC, SK, MB, ON, QB, NS, NB and NL. Pinnacle provides Private Investment opportunities to qualifying Canadians through a network of trained, Registered Representatives located throughout the country. Pinnacle has been recognized as one of the top growth companies in Canada in 2013 by Profit Magazine as well as one of the Fast 50 Growth companies for both 2013 and 2014 by Alberta Venture Magazine. Additional information on Pinnacle can be found at
To view the press release as a PDF, please click on the following link:
Source: Pinnacle Wealth Brokers
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Posted: February 19th, 2014 under FSCWIRE.