Aston Hill Financial Inc., along with Ark Fund Management Ltd. launched three new mutual funds today.

The funds are: Ark Aston Hill Monthly Income Class, Ark Aston Hill Opportunities Class and the Ark Aston Hill Energy Class.

Portfolio advisory services will be provided through Aston Hill’s wholly owned subsidiary, Catapult Financial Management Inc., led by Ben Cheng and Joanne Hruska. Ark will provide sales and marketing support, as well as administrative services for the funds.

Ben Cheng, president, Aston Hill and vice-president, Catapult Financial is lead portfolio manager to the Ark Aston Hill Monthly Income Class and Ark Aston Hill Opportunities Class. The Ark Aston Hill Monthly Income Class 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.

Joanne Hruska, president, Catapult Financial and vice-president, Aston Hill is lead portfolio manager for the Ark Aston Hill Energy Class and has investment expertise dating back to 1994 in the Canadian junior oil and gas sector. The Ark Aston Hill Energy Class will focus on investment in the energy sector and will invest in companies across the capitalization spectrum.