Waypoint Investment Partners Launches All Weather Liquid Alternative Fund

Waypoint Investment Partners Launches All Weather Liquid Alternative Fund

Canada NewsWire

TORONTO, Oct. 15, 2019 /CNW/ – Waypoint Investment Partners is pleased to announce the launch of the firm’s first liquid alternative mutual fund, the Waypoint All Weather Alternative Fund (WAY301 for front-end load accounts and WAY303 for fee-based accounts), managed by Partner and Portfolio Manager, Ryan Marr and Partner and Chief Investment Officer, Bill Webb.

Waypoint (CNW Group/Waypoint Investment Partners)

The All Weather strategy is a portfolio of capital distributors and capital compounders combined with a put option overlay to reduce the impact of market drawdowns. The strategy has delivered solid returns since inception, demonstrating strong portfolio growth and capital preservation.

“The Waypoint All Weather Alternative Fund is built to limit volatility and downside versus traditional funds. As part of an asset mix, this Fund can help diversify portfolios and improve investment outcomes, regardless of market direction. While alternative funds have long been offered to retail investors in the U.S. and Europe, we are excited to offer this through investment advisors at bank-owned and independent dealers in Canada“, said Ryan Marr.

The Waypoint All Weather Alternative Fund is the only liquid alternative fund Waypoint intends to bring to market in 2019.


Waypoint Investment Partners Inc. is a Toronto-based investment manager that services high net worth individuals, family offices, investment advisors, foundations and institutional clients. With a team of 13 experienced industry professionals, Waypoint delivers unique and proprietary products and services. Waypoint is a member of the Portfolio Management Association of Canada and is registered as an Investment Fund Manager, Portfolio Manager and Exempt Market Dealer in several Canadian provinces.

SOURCE Waypoint Investment Partners

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Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for October of $0.0530 per Unit

Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for October of $0.0530 per Unit

Canada NewsWire

TSX Symbol: RIB.UN

TORONTO, Oct. 15, 2019 /CNW/ – Ridgewood Canadian Investment Grade Bond Fund is pleased to announce that a cash distribution of $0.0530 per unit has been declared. The monthly distribution equates to an annualized distribution rate of 5.30% on an initial subscription price of $12.00 per unit. The distribution is payable on November 15, 2019 to Unitholders of record at the close of business on October 31, 2019.

For more information please call John H. Simpson, CFA, Managing Director, Ridgewood Capital Asset Management Inc. at (416) 479-2751.

About Ridgewood Canadian Investment Grade Bond Fund:

The Fund will seek to achieve the following investment objectives: (i) to provide unitholders with monthly cash distributions targeted to be 5.3% per annum on the original issue price of $12.00 per unit; and (ii) to maximize total returns for unitholders while preserving capital in the long term.

About Ridgewood Capital Asset Management Inc.:

Ridgewood is an independent investment manager that manages approximately $1.2 billion in assets for a diversified client base of high net worth individuals, foundations/endowments, First Nation mandates and institutional accounts, of which approximately $990 million is invested in fixed income assets.

SOURCE Ridgewood Canadian Investment Grade Bond Fund

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TIMIA Expands Investment Portfolio with US$3M Finance Facility for US Software Company

TIMIA Expands Investment Portfolio with US$3M Finance Facility for US Software Company

Canada NewsWire

~New finance facility helps growing software company expand their product platform while resulting payments increase TIMIA’s revenue~

VANCOUVER, Oct. 15, 2019 /CNW/ – TIMIA Capital Corporation (“TIMIA” or the “Company”) (TSX-V:TCA/OTC: TIMCF) announced that it has entered into a US$3 million investment facility for a Connecticut-based software company. The financing facility includes an initial disbursement of US$1,400,000, which has been advanced, and a further US$1,600,000 to be disbursed upon certain milestones being met over the term of the agreement. For competitive reasons, the Company’s name has not been disclosed at this time.

“We’re providing growth capital to a great company looking to expand their product platform,” said Greg Smith, CIO of TIMIA. “By going with non-dilutive capital from TIMIA, they avoid the dilutive impact of equity financing and achieve their financing needs.”

TIMIA has developed a proprietary, scalable, technology-driven fintech platform targeting higher risk-adjusted returns on its finance solutions, creating value for shareholders, and leveraging its non-dilutive capital structure.

Through its fintech platform, TIMIA continuously seeks new and exciting investments in the software as a service or SaaS industry. Under TIMIA’s revenue-based financing model, TIMIA advances capital to a SaaS business with a recurring revenue stream that allows the portfolio company to make monthly payments to TIMIA that are a combination of principal and interest with a repayment schedule sculpted to the portfolio company’s revenue streams. The amounts advanced are secured and may be repaid early. The Company expects to make further investments in the coming months, in the pursuit of its business model, which is to earn a combination of monthly payments and periodic gains on investments.

About TIMIA Capital Corporation
TIMIA Capital Corporation is a specialty finance company that provides growth capital to technology companies in exchange for payments based on monthly revenue. This alternative financing option complements both debt and equity financing, while allowing entrepreneurs and existing stakeholders to retain ownership and control of their business. TIMIA’s focus is the fast growing, global, business-to-business Software-as-a-Service (or SaaS) segment. We align ourselves with entrepreneurial management teams growing their sales from $1 Million to $10 Million in Annual Recurring Revenue. For more information about TIMIA Capital Corporation, please visit www.timiacapital.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information
Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, “forward-looking statements”). Forward-looking statements normally contain words like ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’ and similar expressions, and within this news release include any statements (express or implied) respecting the anticipated revenue increase as a result of the finance facility, further disbursements upon the completion of certain milestones and expectations regarding making further investments in the coming months. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, the following assumptions: that the Company and its investee companies are able to meet their respective future objectives and priorities, assumptions concerning general economic growth and the absence of unforeseen changes in the legislative and regulatory framework for the Company. Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Timia’s business. Material risks and uncertainties applicable to the forward-looking statements set out herein include, but are not limited to, the Company having insufficient financial resources to achieve its objectives; availability of further investments that are appropriate for the Company on terms that it finds acceptable or at all; successful completion of exits from investments on terms that constitute a gain when no such exits are currently anticipated; intense competition in all aspects of business; reliance on limited management resources; general economic risks; new laws and regulations and risk of litigation. Although Timia has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Timia. Accordingly, readers should not place undue reliance on forward-looking statements. Timia undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.

SOURCE TIMIA Capital Corp.

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