Any content presented is for informational purposes only. It does not provide financial, legal, accounting, tax, investment or other advice, and should not be acted or relied upon in that regard without seeking the appropriate professional advice. The information is drawn from sources believed to be reliable, but the accuracy or completeness of the information is not guaranteed, nor in providing it does RP Investment Advisors LP (“RPIA”) assume any responsibility or liability whatsoever. The information provided may be subject to change and RPIA does not undertake any obligation to communicate revisions or updates to the information presented. Unless otherwise stated, the source for all information is RPIA.
The information presented does not form the basis of any offer or solicitation for the purchase or sale of securities. Products and services of RPIA are only available in jurisdictions where they may be lawfully offered and to investors who qualify under applicable regulation. Products and services offered by RPIA, including investment funds and separately managed accounts are subject to the terms of relevant agreements and/or fund offering documentation.
“Forward-Looking statements” are based on RPIA’s views and opinions of current and possible future events pertaining to, but not limited to, financial markets, economic conditions and world events and are subject to a number of mitigating factors. Economic and market conditions may change, which may materially impact actual future events and as a result RPIA’s views, the success of RPIA’s intended actions as well as its actual course of conduct.
RPIA managed funds and strategies carry the risk of financial loss. Performance is not guaranteed and past performance may not be repeated.
RPIA Investment Funds
As is a registered Investment Fund Manager under applicable Canadian securities legislation, RPIA manages private pooled funds and publicly offered mutual funds as described in this website. As applicable, units of these funds are distributed through registered investment dealers and mutual fund dealers. Units of applicable funds are also distributed by RPIA pursuant to its registration as an Exempt Market Dealer and subject to relevant prospectus exemptions contained in NI 45-106
1. Private Pooled Funds
Units of RP Debt Opportunities Fund Trust, RP Select Opportunities Fund, RP Fixed Income Plus Fund and RP Corporate Index Plus Fund are offered to eligible Canadian investors pursuant to available prospectus exemption under National Instrument 45-106. RPIA managed funds and strategies carry the risk of financial loss. Performance is not guaranteed and past performance may not be repeated. The historical performance presented for each fund within this website represents its respective strategy level returns.
RPIA Pooled Strategies
Information pertaining to RP Debt Opportunities, RP Select Opportunities, RP Fixed Income Plus and RP Corporate Index Plus investment strategies are presented for illustrative purposes. RPIA managed investment strategies may be offered in Canada to eligible investors pursuant to applicable Canadian securities regulation and relevant investment management agreements and/or fund offering documents. Certain strategies may also utilize master-feeder fund structures, including ones domiciled outside of Canada. The characteristics and performance of strategies described herein may differ from the related investment funds or managed accounts offered.
Strategy Performance Presentations
The performance presented herein reflects the applicable strategy level returns since the strategy inception for RP Debt Opportunities, RP Select Opportunities, RP Fixed Income Plus and RP Corporate Index Plus respectively. Strategy level returns are presented for illustrative purposes only and actual returns may vary from one investor to the next in accordance with the terms of the governing documents of the relevant entities.
The strategy returns presented may also differ from the returns of the classes of investment funds offered by RPIA. Unless indicated otherwise, all returns are presented as of the last calendar day of the stated month, in Canadian dollars and net
of applicable fees and expenses, and returns presented for periods greater than one year are annualized while returns for time periods of one year or less are cumulative figures and are not annualized.
The RP Debt Opportunities strategy derives its economic exposure and related returns for its entities via its master-feeder structure. RP Debt Opportunities strategy returns are based on composite returns of RP Debt Opportunities Fund LP Class A and RP Debt Opportunities Fund Ltd. Class A, from October 2009 to July 2011 and RP Debt Opportunities Fund Ltd. Class A from August 2011 onwards.
The RP Select Opportunities strategy derives its economic exposure and related returns for its entities via its master-feeder structure. RP Select Opportunities strategy returns are based on the weighted-average composite return of a separately managed account utilizing a similar strategy from inception in April 2014 to May2014, and then linked to the returns of RP Select Opportunities Cayman Fund Ltd. Class C Lead thereafter.
RP Fixed Income Plus strategy returns are based on the weighted-average composite return of separately managed accounts utilizing a similar strategy from inception in July 2010 to April 2013 and linked to the returns of the RP Fixed Income Plus Fund Class A thereafter.
RP Corporate Index Plus strategy returns are based on historical returns of RP Corporate Index Plus Fund, Class A1.
2. Mutual Funds
Units of RP Strategic Income Plus Fund and RP Alternative Global Bond Fund are offered pursuant to a simplified prospectus in all Canadian jurisdictions. RP Alternative Global Bond Fund meets the regulatory definition of an Alternative Mutual Fund and may also be referred to a “liquid alternative” or “liquid alt” fund.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Mutual Fund Performance
Indicated rates of return include changes in share or unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Returns for time periods of more than one year are historical annual compounded total returns while returns for time periods of one year or less are cumulative figures and are not annualized. Class F units of the indicated fund does not include embedded sales commissions, which results in higher performance relative to Class A units of the fund. Performance data is calculated and presented in accordance with NI 81-102.
Additional Fund and Strategy Information
RPIA private pooled fund offerings have objectives, strategies, risks, and constraints that could differ significantly from the mutual funds managed by RPIA. Private pooled funds also operate under different a regulatory framework to publicly offered mutual funds. Information and data presented for private pooled funds is for informational purposes only and must not be viewed as being representative of the characteristics, risk, and performance of RP Strategic Income Plus Fund or RP Alternative Global Bond Fund.
“Return Objectives” and “Target Returns” represent RPIA’s annualized investment return objective for each applicable strategy or fund, does not imply actual future performance and may be revised at the discretion of RPIA and without prior notice.
“Liquidity” refers to the purchase and redemption frequency of units of applicable investment funds offered in Canada. Trade examples are presented for illustrative purposes and does not necessarily reflect a trade or current holding in any particular RPIA strategy or fund.
Information pertaining to securities should not be considered a recommendation to buy or sell a particular security. Specific securities including trade examples noted are for illustrative purposes only and do not necessarily reflect a trade,
historical or current holding in any particular RPIA strategy or fund. Strategies or funds may purchase and sell securities at any time and securities held may increase or decrease in value after the date presented. Growth charts are used to illustrate the effects of a compound growth rate and is not intended to reflect future values of any RPIA fund or strategy. Portfolio characteristics presented, including risk measures and/or holdings based data reflects that of the indicated RPIA fund or strategy. The payment of distributions is not guaranteed, may fluctuate, and does not infer performance, rate of return, or internal yield of the Fund.
Portfolio yield is a forward-looking measure of the expected annualized interest the portfolio would receive with respect to the current holdings and should not be viewed as a representation of actual returns.
The index performance comparisons presented are intended to illustrate the historical performance of the indicated fund or strategy compared with that of a specified market index or blend of indices over the indicated time period. The comparison is for illustrative purposes only and does not imply future performance. There are various differences between an index and an investment strategy or fund that could affect the performance and risk characteristics of each. Market indices are not directly investable and index performance does not account for fees, expense and taxes that might be applicable to an investment strategy or fund.