Capitalizing on the strength of valuable strategic partnerships with industry leaders as well as opportunities within Canada's high-growth technology and selected special growth sectors; Covington Strategic Capital Fund provides investors with an investment model that is unique within the retail venture capital industry. The cornerstone of the Fund's investment philosophy is the Covington Strategic Alliance Program. This established network of key influencers provides investees with enhanced distribution channels and growth opportunities while mitigating risk and increasing return potential to the Fund. Focusing on investments in technology and related industries, the Fund places a strong emphasis on investments within the enterprise software sector - a growth industry that has become an essential element in the daily operations of multi-national corporations throughout the world. Finally, complimenting the Strategic Alliance Program is Covington's significant involvement in the operations of each of its investees. Representation at the Board level on the majority of their holdings ensures that Covington is able to play a significant role in defining the long-term strategy and overall success of the Fund's investments.
Fund Information
Management Objective & Strategy
To create long-term capital appreciation driven by investments in select small to medium-sized enterprises primarily operating in Canada's technology, enterprise software and financial services related industries. Investments are made only in businesses that are considered high-growth investment opportunities largely inaccessible through the public market.
Advantages of Investment
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Strategic Alliance Program mitigates potential risk
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Access to high-growth potential of private Canadian enterprises
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Investments diversified across key industry sectors in technology and related financial services sectors
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Multiple fund and partner investments strengthen underlying investment
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20% tax credits on each annual contribution
Date of Inception
January 1, 2004
Fund Symbol
CIG 916
CIG 917
Investment Advisor
Covington Capital Corporation
Management Fee
3.25%
Tax Credits
20%
