Aston Hill Financial has reported that portfolio advisory services will be provided to the funds through its wholly owned subsidiary Catapult Financial Management led by Ben Cheng and Joanne Hruska. Sales and marketing support as well as administrative services for the funds will be provided by Ark.
According to Aston Hill Financial the Ark Aston Hill Monthly Income Class distributes a tax-efficient, fixed monthly distribution of five cents. This fund will invest in dividend paying equities, income and royalty trusts and fixed income securities, having a flexible mandate in security selection, sector exposure and asset allocation. The Ark Aston Hill Opportunities Class will invest in predominantly Canadian equities with no restriction on capitalization or sector exposure.
Ms Hruska, president of Catapult Financial and vice president of Aston Hill is lead portfolio manager for the Ark Aston Hill Energy Class. The Ark Aston Hill Energy Class will focus on investment in the energy sector and will invest in companies across the capitalization spectrum.
