The YCG Enhanced Fund (YCGEX) seeks to achieve high risk-adjusted returns using a concentrated, long-term approach. We search for securities that are trading at prices that we believe will produce attractive long-term compound annualized returns with reasonable investment risk. Generally, we gravitate towards high quality businesses that are low in capital intensity and cyclicality and that are managed with shareholders in mind. The Fund may also write put options and covered call options on a substantial portion of the Fund's long equity portfolio with the goal of generating additional income and to enter and exit positions. The Fund will not use this strategy as a means of generating implicit leverage. In other words, if all put options were to be exercised, the Fund will generally have enough cash on hand to purchase the assigned shares.
The Fund’s investment adviser is YCG, LLC (“YCG”). YCG is an investment advisory firm based in Austin, Texas. In addition to serving as the investment adviser to the YCG Enhanced Fund, YCG offers professional investment management services to individuals, investment advisers, and institutions through separate account management. YCG is wholly owned by its Principals Brian Yacktman (President , Chief Investment Officer, and Portfolio Manager), Will Kruger (Senior Vice President and Chief Executive Officer), and Elliott Savage (Senior Vice President and Portfolio Manager).
Holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security. Click here for holdings. Opinions expressed are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice.
Basis Points - one hundredth of one percent, used chiefly in expressing differences of interest rates.
- We invest alongside you
- We focus on risk-adjusted forward rates of return
- We employ a distinctive "option enhancement" component
- We seek high quality businesses
- We implement a concentrated investment approach
- We invest for the long-term