CALGARY, Alberta, July 19, 2017 (GLOBE NEWSWIRE) -- Ross Smith Asset Management ULC (“RSAM”). is pleased to announce the launch of the first cryptocurrency hedge fund in Canada, the Ross Smith Cryptocurrency Investment Fund LP (“RSCF”).
“Similar to our existing hedge funds, which have provided our investors with exposure to unique trading strategies, we are now the first in Canada to offer accredited investors exposure to the cryptocurrency asset class,” said Christopher Preston, Chief Executive Officer of RSAM. “Utilizing superior execution, security and storage methods, we believe this is a unique way for Canadians to obtain exposure to these assets.”
About RSAM
Founded in 2007, RSAM is a Calgary-based hedge fund management firm that manages three hedge funds: (i) the Ross Smith Capital Investment Fund (“RSIF”), a systematic market neutral fund formed in 2008; (ii) the Ross Smith Opportunities Fund (“RSOF”), a low volatility, event driven fund formed in 2012; and (iii) the RSCF, a cryptocurrency-based fund formed in 2017. Neither the RSIF nor the RSOF have had a negative return year since their respective inceptions. To learn more about RSAM and its investment products, visit http://rsam.ca/.
Important information regarding the RSAM hedge funds, including conditions of purchase, investment strategy, distribution policy, management fees, and expenses, are set out in the respective offering documents relating to each hedge fund, which are available upon request from http://rsam.ca. Commissions, management fees and expenses all may be associated with hedge fund investments. Hedge funds are not guaranteed and their values change frequently. This communication is for information purposes only and is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Investors should consult with a financial advisor prior to making any investment decisions. Past returns are not indicative future returns.