Seamark Asset Management Ltd. is launching its own family of mutual funds for retail investors.

“We have a successful 10-year track record as a mutual fund manager and an even longer track record as a manager of pension and other institutional assets,” says Stuart Raftus, President & CEO. “With the launch of our own family of funds, we are able to offer our expertise as an institutional manager to the Canadian mutual fund investor across a broader variety of mandates.”

Seamark North American Equity Fund selects from the best investment opportunities available in Canada and the U.S. to build a concentrated portfolio “from the bottom up”, based on Seamark’s proven approach to equity management.

The fund is offered in both a hedged series of units, for investors who want to limit their exposure to further increases in the Canadian dollar, and an unhedged series of units, for investors willing to accept full currency volatility, or who expect the Canadian dollar to weaken.

Seamark Canadian Equity Fund invests in a concentrated portfolio of Canadian equities expected to offer superior long-term investment merit based on meeting Seamark’s exacting quality criteria.

Seamark Dividend & Income Fund is designed for investors seeking a stable and recurring monthly income stream.

The fund targets a monthly distribution equivalent to approximately 200 basis points over the yield on Government of Canada 10-year bonds, to be paid from realized capital gains, dividends, other income, or a return of capital.

The funds are available for purchase by residents of each Canadian province.