| |
Quarterly Update - June 30, 2010
Overview
In early March, Covington announced the completion of a $2.5 million investment in Waterloo-based Aimetis Corp. as part of a total financing round of $5 million.
Established in 2003, Aimetis is a software company offering integrated intelligent video management solutions for security surveillance and business intelligence applications. The company is a global leader in intelligent video technology and is propelling the adoption of video analytics as an integral component of video management solutions. Aimetis products are based on innovative, open technologies that provide customers with a single platform for migrating from analog to video to intelligent IP video solutions. The company's technology is extremely valuable for both small and large scal enterprises requiring flexible, efficient, and reliable surveillance systems.
Fund Performance*
As at June 30, 2010
|
Fund |
6 Months |
1 Year |
3 Years |
5 Years |
Since Inception |
| Series I |
-10.35% |
-23.83% |
0.18% |
2.46%
|
1.15% |
| Series II |
-10.24% |
-23.54% |
0.57% |
2.73%
|
1.39% |
*Source: Globefund.com
Strategic Capital Fund - One of the "Top 25 Funds that Beat the 3- Year Performance of Government of Canada 5- Year Bond"
Feature Investee Profile
NexGen Financial Limited Partnership
|
|
Total Investment: $500,000
Initial Investment Date: May 2006
Location: Toronto, Ontario
Sector: Financial Services
Investment Structure: Equity
Investor Status: Board Seat
Web: http://www.nexgenfinancial.ca |
NexGen is an independent financial services firm founded by James Hunter in 2005 to develop value added investment solutions for financial advisors and their clients. The firm is focused on the creation of innovative investment products and services that meet the needs of Canadians seeking more tax efficient investment opportunities and greater control over the tax treatment of their investments. Managed by strong investment professionals, NexGen's unique Registered and Tax Managed Fund offerings are well positioned as attractive investment opportunities for Canadians looking to alleviate the tax costs associated with traditional investment solutions.
| |
|
