Profile
Investment Approach
Aston Hill’s goal is to achieve superior long-term returns by owning securities of financially strong, well-managed companies at prices below our assessment of the securities’ underlying valuations. Our belief is that superior long-term results can be achieved through a focus on income generation and capital preservation.
We analyze balance sheets for where we believe the best risk adjusted returns reside; our approach gives us the flexibility to invest in, and switch between, the equity, preferred shares, and debt of a company. We also seek to preserve our clients’ capital by selling securities when their market prices have moved beyond our estimation of their intrinsic value.
We employ a research-intensive analytic process in searching for investment opportunities around the globe. Our disciplined approach also means that while we prefer to be fully invested, we are not averse to holding significant amounts of cash when market conditions warrant.
Proxy Votes:
National Instrument 81-106 - Investment Fund Continuous Disclosure, which came into effect on June 1, 2005, requires disclosure of the proxy voting record on an annual basis for the period ending on June 30 of each year. The proxy voting record must be posted on the website no later than August 31 of each year.
National Instrument 81-106 provides that the manager of the investment funds (Aston Hill Financial Inc. ("Aston Hill")), acting on behalf of the investment funds, has the right and obligation to vote proxies relating to the investment fund's portfolio securities. As a practical matter, Aston Hill delegates this function to the applicable portfolio manager, as part of the portfolio manager's general management of the investment fund assets, subject to oversight by Aston Hill. Aston Hill generally requires that applicable portfolio managers vote all proxies in the best interest of Aston Hill's funds and their securityholders, as determined solely by the portfolio manager and subject to Aston Hill's proxy voting policy, the guidelines applicable to the individual portfolio manager, and applicable legislation. Portfolio managers are generally expected to vote on any matter for which the investment fund receives proxy materials for a meeting of securityholders of an issuer.
For Fund proxy votes, please click on either of the following links:
Link 1:
Link 2: