AlphaNorth Asset Management Announces Change in Risk Rating of AlphaNorth Growth Fund and AlphaNorth Resource Fund

TORONTO, June 13, 2018 /CNW/ - AlphaNorth Asset Management announces, as manager of AlphaNorth Growth Fund and AlphaNorth Resource Fund, that it has adopted the standardized risk classification methodology mandated by the Canadian Securities Administrators for both funds. As a result, the risk rating of AlphaNorth Growth Fund and AlphaNorth Resource Fund has changed to "High".

About AlphaNorth Asset Management

AlphaNorth Asset Management is a Toronto based investment manager.  AlphaNorth believes that superior equity returns are achievable by exploiting inefficiencies in the Canadian small cap universe through careful security selection.  The firm combines technical analysis with both a bottom-up and top-down strategy in the selection of investments offering the best reward versus risk opportunities. AlphaNorth manages the AlphaNorth Partners Fund which is a long biased small cap focused hedge fund, and two mutual funds, the AlphaNorth Growth Fund and the AlphaNorth Resource Fund.  The Funds' objectives are to achieve industry leading returns.

More details about AlphaNorth and its investment products can be found on its website www.alphanorthasset.com.

SOURCE AlphaNorth Asset Management

Media Contacts: Steven Palmer, CFA President and CIO, 416-483-4448, [email protected], 416-506-0776