By accessing and using this Website you acknowledge that you have read, understood, and agree to accept and be bound by the terms of the Legal Notices set out below. We may modify these Terms at any time without prior notice, by posting any changes on this Website. Your continued access or use of the services provided by this Website will mean you accept the terms of the Legal Notices including any changes made to them. If you do not accept any of the terms below, please discontinue use of this Website and any of its associated pages. This Website and its terms are governed by the laws applicable in the Province of Ontario, Canada. All disputes arising from these terms must be resolved exclusively by the courts of the Province of Ontario.
This Website does not constitute an offer or solicitation by anyone in the United States or any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. The Products described on this site are qualified for sale only to residents of Canada through registered investment advisors. Prospective investors who are NOT residents in Canada should consult with their advisor.
The Dynamic Funds, the Marquis Portfolio Solutions, the Marquis Institutional Solutions, the Dynamic Hedge Funds, the 1832 Asset Management Pooled Funds and the Dynamic Venture Opportunities Fund Ltd. (individually, a "Fund" and collectively, the "Funds") are managed by 1832 Asset Management L.P. (referred to below as "Dynamic Funds").
Each Fund has a simplified prospectus, a long form prospectus or a confidential offering memorandum (the "Offering Document") which contains important information on each Fund, including their investment objectives and strategies, purchase options, and applicable management fees and expenses. As with any investment, there are risks to investing and there is no assurance that any Fund will achieve its investment objective, maintain its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Investors may experience a gain or loss when they sell their units or shares in any Fund. Please obtain a copy of the Offering Document, read it carefully, and consult with your financial advisor before investing in a Fund.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. The indicated rates of return for the funds are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any investor that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual fund securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer.
With respect to money market funds, the performance data provided assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any investor that would have reduced returns. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated.
Risk tolerance measures the degree of uncertainty that an investor can handle regarding fluctuations in the value of their portfolio. The amount of risk associated with any particular investment depends largely on your own personal circumstances including your time horizon, liquidity needs, portfolio size, income, investment knowledge and attitude toward price fluctuations. Investors should consult their financial advisor before making a decision as to whether this Fund is a suitable investment for them.
Use of Morningstar Ratings and Rankings
Morningstar is an independent organization that groups funds with generally similar investment objectives for comparison purposes and ranks them on a historical basis. Morningstar star ratings are an objective, quantitative measure of a fund's historical risk-adjusted performance relative to other funds in its category, and are calculated from a fund's 3, 5, and 10-year returns measured against 91-day Treasury bill and peer group returns. The top 10% of the funds in a category earn five stars; the next 22.5% four stars; the following 35% three stars; the next 22.5% two stars, and the bottom 10% one star. The Overall Rating is a weighted combination of the 3, 5, and 10-year ratings. Only funds with at least a three-year track record are considered, and ratings are calculated only for categories with at least 20 funds. Morningstar quartile rankings show how well a fund has performed compared to all other funds in its peer group. Each fund within a peer group is ranked based on its performance, and these rankings are broken into quarters or quartiles. Within a group, the top 25% (or quarter) of the funds are in the first quartile, the next 25% are in the second quartile, the next group in the third quartile, and the bottom 25% of funds with the poorest relative performance are in the fourth quartile. The point in which half the funds had better performance and half had worse performance is the median. If 100 funds are being compared, there would be four quartiles of twenty-five funds each. The median would be the fiftieth fund. For more details on the calculation of Morningstar star ratings or quartile rankings please, see www.morningstar.ca. © Morningstar Inc. All Rights Reserved. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Lipper Fund Awards
Lipper Fund Awards are given by Lipper, Inc. to recognize funds that have provided superior consistency and risk-adjusted returns when compared to a group of similar funds. Awards are given to the fund with the highest value within its category for the time periods of three, five and 10 years according to the Lipper Leader ratings for Consistent Return, which reflect funds' historic returns, adjusted for volatility, relative to peers. Lipper Leader ratings change monthly. For more information, see lipperweb.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Users acknowledge that they have not relied upon any warranty, condition, guarantee, or representation made by Lipper. Any use of the data for analyzing, managing, or trading financial instruments is at the user's own risk. This is not an offer to buy or sell securities.
No Investment Advice
Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent of any funds managed by Dynamic Funds. These views are not to be considered as investment advice nor should they be considered a recommendation to buy or sell.
The contents of this Website are provided for informational and educational purposes and do not constitute specific advice regarding your personal investment situation or provide specific individual advice about investment, financial, legal, accounting, tax or similar matters. The information on this Website is subject to change without notice and Dynamic Funds will not be held liable for any inaccuracies in the information provided. Please contact your own personal advisor on your particular circumstances.
No Warrantiesor Liability
All information is provided "as is" without any warranties of any kind and Dynamic Funds and its affiliates and their respective officers, directors, employees or agents make no representations and disclaim all express and implied warranties of any kind, including, without limitation, representations, warranties or conditions regarding accuracy, timeliness, completeness, non-infringement, merchantability or fitness for any particular purpose and Dynamic Funds assumes no responsibility to you or any third party for the consequences of any errors or omissions.
Dynamic Funds is not responsible in any way for any damages (direct, indirect, special, incidental, economic, or consequential, exemplary or punitive) in respect of or in connection with the use or inability to use this Website, the information, or any action or decision made by you or anyone else in reliance on the website or the information, or any unauthorized use or reproduction of the website or the information.
Login IDs, User IDs and Passwords
If you have been issued a Login ID and/or an access code to enable you to access the non-public areas of this Website, you are solely responsible for all activities that occur in connection with your Login ID and ensuring the safety and security of the access codes. You are not permitted to use the access codes for any purposes other than to receive the particular service offered by Dynamic Funds for which the access codes were issued. You are not authorized or permitted to share the access codes with any other party. Please notify Dynamic Funds immediately if you become aware of any disclosure, loss, theft or unauthorized use of your Login ID.
When you visit this website, the following information may be recorded: your IP address, pages visited, content downloaded and cookies. A cookie is a piece of information about an Internet session that may be created when a visitor accesses a website and which is used to identify you and store certain information such as Login information when you choose "Remember my User ID," when logging onto our site. Dynamic Funds uses this information to provide a more customized user experience and to help us understand the number of people that visit this website and which sections of the Website are visited most frequently. This information may be used to determine which information is most useful, improve this website and to provide better customer service.
E-mail over the internet is not a secure medium and privacy cannot be assured. E-mail communication is not confidential, subject to possible interception or loss, and is also subject to possible alteration. Neither Dynamic Funds nor its affiliates are responsible for and will not be liable to you or anyone else for any harm or damages in connection with an e-mail containing personal or confidential information sent by you to Dynamic Funds or an e-mail by Dynamic Funds to you at your request.
Third Party Links
Links to other websites and references to third parties' goods or services are not endorsements or approval of such sites, goods or services, and are meant for convenience only. Linking to another website is at your sole risk and Dynamic Funds will not be held responsible or liable for any damages in connection with linking to such third-party websites. Dynamic Funds shall not be responsible or liable for any damages incurred to computer equipment or other types of equipment used nor for viruses that may infect the former due to the access and use of this website or the downloading of any document or materials of this website.
The Calculators found on this Website are provided for illustrative purposes only. The Calculators are educational tools and do not constitute advice with respect to investment, financial, legal, accounting, tax or similar matters.
Trademarks and Copyrights
The content of this Website is protected by applicable copyright laws. Information is provided for your personal, non-commercial use only and may be used and reproduced provided that it is not modified and that you maintain all copyright and other notices contained in the Website. Unauthorized downloading, re-transmission, storage in any medium, copying, redistribution, reproduction, or republication for any purpose is strictly prohibited.
Certain names, phrases, logos, graphics or designs or on this Website constitute trade names and registered/unregistered trademarks (collectively, the "trademarks") of their owner and its affiliates or of third parties and are used under license by us.
Errors and Omissions
Dynamic Funds may change or update the information contained in this website without notice including changes or modifications relative to the products described herein. This website may contain certain grammatical errors as well as technical discrepancies.
Dynamic Funds, a division of 1832 Asset Management L.P., is committed to providing investors with the highest standard of service. As part of our commitment, we strive to protect your privacy and the confidentiality of personal information that you provide to us. Our information handling practices comply with applicable privacy laws.
1. What is Personal Information and Why Do We Need it?
Personal information refers to information that identifies you. It may include information such as your age, marital status, employment history, social insurance number, credit history, home address, personal email address and home telephone number.
We require your personal information in order to establish a relationship with you and provide you with the best possible service. Your signature, financial history, current financial position, social insurance number, age and other similar personal information allow us to:
In addition, we require your personal information in order to allow us to meet regulatory or contractual requirements relating to the products and services provided to you.
2. How Do We Obtain Your Personal Information?
Personal information is received by us from you or from your representative with your consent. Other sources from which we may receive your information with your consent include, but are not limited to, our affiliates and other financial institutions, etc.
4. With Whom is Your Personal Information Shared?
We are not in the business of selling or distributing our client's personal information to others. Client confidentiality and privacy remains one of our fundamental principals. However, we may share your information with others outside Dynamic Funds in limited circumstances including:
5. Where is Your Personal Information Kept?
Your personal information may be kept in electronic, microfilm or paper format at the offices of Dynamic Funds, its affiliates or its third-party service providers. Your information may also be kept in secure off-site storage facilities.
6. How is Your Information Protected?
Policies, procedures, guidelines, and safeguards have been put in place to ensure your personal information is protected. Our employees and service providers have access to your personal information to enable them to perform their duties in servicing you. Personal information collected from you will only be used for the identified purposes and will be retained for as long as is necessary to fulfill the service or as required by law.
We regard confidentiality and privacy as a cornerstone to our business. As such, our internal code of ethics requires all employees of Dynamic Funds to maintain client confidentiality. Each year, our employees receive a current copy of our code of ethics and are required to certify in writing that they will comply with it.
7. What Privacy Rights Do You Have?
Upon request, we will provide you with access to your personal information. In addition, we may provide you with a list of third parties to whom your personal information was provided. If you wish to change or update your personal information, you may request to do so at any time. Please note that we may only alter that personal information required to fulfill the stated purposes. In certain circumstances, we may not be able to provide you with access to specific pieces of information. For example, (i) information containing references to other persons; (ii) information containing proprietary information confidential to Dynamic Funds or its affiliates; (iii) information that has been destroyed or may be too costly to retrieve.
You may withdraw your consent for the use of your personal information by contacting Dynamic Funds at any time subject to reasonable notice. Legal and other requirements may prevent you from withdrawing consent and your decision to withdraw personal information may also limit the services or products we are able to provide to you.
If, after speaking with our Customer Relations Center, you wish to speak with our Privacy Officer you should call 1-866-977-0477.