This Year......
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12.38% 1 Year Return & 10.43% 3 Year Return | |
Top Quartile Ranking, Second Consecutive Year | |
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Positive Performance Since Inception | |
2 Successful Portfolio Exits in 2008 | |
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5-Star Rating | |
Full 30% Tax Credit | |
Source:www.globefund.com, January 31, 2009 |
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Top quartile return figures in 2007 & 2008 have made Covington Strategic Capital Fund ("Strategic Capital") one of the best performing funds in Canada*, not just among retail venture capital offerings, but within the mutual fund asset class as a whole. With performance more than 60%* that of the TSX Composite Index, plus an additional 30% in tax savings, an investment in Strategic Capital this RRSP season makes sense.
Covington Strategic Capital Fund vs. TSX Composite Index
Source: www.globefund.com February 17, 2009
One of only 2 retail venture capital funds opened to new subscriptions (the other Fund is also a Covington investment Fund) listed in the "Top 25 funds that beat the 3 year performance of Government of Canada 5-year bond", Strategic Capital demonstrates that technology focused investing can work and work well.
Visit our website at www.covingtonfunds.com to learn more about this top performer and read the latest news on Strategic Capital's two successful portfolio exits in 2008.
Covington Venture Fund - Capital Protected Series:
Shelter from the Storm
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Capital Protection Focus | |
Conservative Investment Strategy |
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Downside Protection | |
Full 30% Tax Credit |
With the TSX averaging -31%* over the last year and still uncertainty, still prevailing in the markets, the Covington Venture Fund - Capital Protected Series has quickly become one of the most talked about retail venture capital funds in Ontario. Give your investors the peace of mind that comes from a fund designed to mitigate downside and maximize return of capital.
Visit our website at www.covingtonfunds.com to learn more about the Capital Protected Series - a unique venture product for these uncertain times.
Important information about Covington Funds are contained in their prospectus. Please obtain a copy a prospectus from your financial advisor and read it carefully before investing. This investment may not be suitable for all investors. Some conditions apply. Commissions, trailing commissions, management fees and expenses all may be associated with this investment. Covington’s Funds are not guaranteed, their value changes frequently and there can be no assurance that the full amount of your investment will be returned to you. Tax credits subject to certain conditions and units must be held for eight years in order to keep the tax credits. Inception date for Covington Venture Fund - Capital Protected Series VIII & IX is November 2008. Prospectus amendment for Series VIII and IX is October 16, 2008. Inception date for Covington Strategic Capital Fund is January 2003. Performance data does not take into account sales, redemption, distributions or optional charges or income taxes payable by any shareholder that would have reduced returns. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends. Performance data for Covington Strategic Capital Fund Inc. as at January 31, 2009: (Series I): 1 Year 12.38%, 2 Years 12.78%, 3 Years 10.43% and Inception 6.76%. (Series II): 1 Year 12.44%, 2 Years 13.02%, 3 Years 10.35% and Inception 6.90%. Performance data for Covington Venture Fund - Capital Protected Series as at January 31, 2009: (Series VIII): 1 Year -6.52% ITD -5.65% (Series IX): 1 Year -6.46% ITD -5.60%. Performance data for CDA TSX Composite Index 1 Year -31.73% 3 Year -7.94% 5 Year 2.24% ITD 6.42%. Principal repayment is subject to venture portfolio performance and redemption proceeds of Capital Protected Series. *www.globefund.com February 17, 2009.
