AlphaDelta launches three funds

Vancouver-based AlphaDelta Management Corp. has launched a new family of three mutual funds: AlphaDelta Canadian Prosperity Class Fund, AlphaDelta Global Value Class Fund and AlphaDelta Growth of Dividend Income Class Fund. Qwest Investment Fund Management Ltd. will manage the funds. AlphaDelta Canadian Prosperity Class Fund invests in small-cap Canadian companies with a market capitalization of $1 billion-$3 billion; this fund is subadvised by Laurus Investment Counsel Inc. AlphaDelta Global Value Class Fund focuses on large-cap companies outside Canada and is subadvised by Neosho Capital LLC. AlphaDelta Growth of Dividend Income Class fund invests in large-cap global companies that have long track records of increasing their dividends on an annual basis; this fund also employs an options-selling strategy and is subadvised by SciVest Capital Management Inc. For all three funds, advisor commissions are 0%-5% for front-end sales. There are no deferred or low-load options. Trailing commissions are 1% for both Alpha Delta Canadian Prosperity Class Fund and AlphaDelta Global Value Class Fund; and 0.5% for AlphaDelta Growth of Dividend Income Class Fund. Management fees are 2.5% for A-class units and 1.5% for F-class units for both AlphaDelta Canadian Prosperity Class Fund and AlphaDelta Global Value Class Fund; and 1.3% for A-class units and 0.8% for F-class units for AlphaDelta Growth of Dividend Income Class Fund. Minimum investment in each fund is $1,000.

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