Yorkville Asset Management is pleased to announce the one-year anniversary of its mutual fund family – The Heritage Yorkville Mutual Fund Corporation. In addition to having reached our first anniversary of the fund group, the flagship Yorkville Enhanced Protection Class – O Series, produced a 1-year return of 9.52%. By way of comparison, the average performance of its global equity mutual fund peer group, over the same period as measured by Bloomberg, is 3.63% (Average performance of Canadian domiciled global equity mutual funds). The performance of this fund is testament to the skilled guidance of our portfolio management team and the tactics they use to generate relative outperformance while significantly reducing overall volatility. With a keen eye to reducing portfolio risk and generating opportunities looking forward, on February 1, 2013, Yorkville’s widely distributed A-Series shares of the same Yorkville Enhanced Protection Class will celebrate its own 1-year anniversary where its own specific performance number can be officially reported.
We expect big things for 2012/13 and with the help of our investors, managers and distribution partners, Yorkville Asset Management’s mutual funds are off to a fantastic start!