Mavrix Fund Management Inc. recently announced the launch of two funds, Mavrix Small Companies Fund and Balanced Income and Growth Trust.

Mavrix Small Companies will invest in a diversified portfolio of small cap companies. Mavrix say the fund will focus on undiscovered, undervalued, and turnaround opportunities.

Mavrix has been manager of the Mavrix Strategic Small Cap Fund for three years, however this fund has only been available to accredited investors on a private placement basis.

Mavrix says frequent requests to make a similar fund available to retail investors has prompted it to launch the new fund. Primary responsibility for the new fund rests with Mavrix’s small company specialist Roger Dent.

Mavrix has also filed a preliminary prospectus for Mavrix
Balanced Income and Growth Trust. Units of the trust will be offered at price of $10.00 per unit.

Canaccord Capital Corp. is the lead agent of the syndicate. Other syndicate members include BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Dundee Securities Corp., HSBC Securities (Canada) Inc., Desjardins Securities Inc., First Associates Investments Inc., Raymond James Ltd., Trilon Securities Corp., Berkshire Securities Inc., GMP Securities Ltd., McFarlane Gordon Inc., Union Securities Ltd. and Wellington West Capital Inc.