Skye Fund’s performance reflects a deliberate mix of dependable blue chip leaders, selective private holdings with outsized upside potential, and active management informed by a top down global view. Diversification across sectors and industries helps manage risk, while the focus on durable, future facing themes keeps the portfolio positioned for long term compounding.
Skye Fund is constructed to perform across market cycles. We build a diversified portfolio of high quality large cap equities across sectors and industries, reducing concentration risk and avoiding dependence on any single theme, region, or outcome.
We actively manage exposures as conditions change, rotating thoughtfully and sizing positions with intention. The goal is simple: participate in the upside, protect on the downside, and manage risk through continual monitoring and diversification.
The core portfolio is anchored in blue chip companies with dominant market positions, especially in emerging technology and other disruptive arenas. Alongside these holdings, Skye includes a selective allocation to high potential private assets, access to which is typically reserved for institutions and investors with substantial minimums.
Some of the most compelling opportunities sit outside consensus, even in large cap markets. We run independent research to spot durable themes and category leaders early, then build positions in high quality blue chip businesses, plus selective private holdings like SpaceX, OpenAI, Anthropic, xAI, Perplexity, Polymarket, ScaleAI, Apptronic, Wiz, and Lambda.
Covista takes investor trust seriously. The Fund Manager is experienced, actively involved in day to day portfolio decisions, and invested alongside clients. We maintain high standards for communication, availability, and transparency, so investors understand the thinking behind the strategy and how risk is being managed.
For 28 years, Mr. Cannon has been creating and managing value portfolios for institutions and high net worth individuals. He also has extensive experience in portfolio construction and securities analysis. Rann holds an undergraduate degree in Psychology from the University of British Columbia, and is a CFA® Charterholder.
Mr. MacCosham has 30 years of experience in the investment industry, including over 12 years as Managing Director, Head of Trading at two large Canadian investment dealers, where he ran international and domestic equities and fixed income.
At these firms, he oversaw private client and proprietary trading, in addition to individually managing portfolios for institutions, municipalities, and high net worth clients. Mr. MacCosham also oversaw a team of over two dozen TSX market-makers, and created and operated internal NASDAQ Market Making operations in Canada.
Spencer has sat on and led numerous industry committees. He is past Chair of the International Trading Committee with the Security Traders Association of New York, and past Chair of the Canadian Security Traders Association.
Spencer earned an undergraduate degree in history, an international MBA with a specialization in the economies of the Americas, and obtained his Chartered Investment Manager designation.
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Founded in 2015, Covista Capital Corp. is an independent investment management company that seeks to generate alpha and minimize risk by thinking differently, acting autonomously and investing nimbly to capitalize on disruptive market value.
E: info@covistacapital.com
*This information may not be redistributed, re-transmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of Covista Capital Corp. (“Covista”). Any unauthorized use or disclosure is prohibited. This content of this page is intended for information purposes only and does not constitute an offer to buy or sell products or services of Covista Capital Corp. (Covista) nor is it intended as investment and/or financial advice on any subject matter. The information contained herein is derived from sources which are believed to be reliable but Covista makes no representation that this information is accurate or complete. Certain of the statements may contain forward looking statements, which involve known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results, performance, or achievements expressed or implied by such forward looking statements. Past performance is not indicative of future results. Results are not guaranteed. Values will fluctuate and individual returns will vary. *Skye Technology Fund Trust Class B Series 2025-01. Inception Jan 1 2025. Prior returns are from the Covista Growth Fund Trust Class B Series 2022-11. Inception Nov 1 2022. The Covista Growth Fund Trust shared the same mandate and same portfolio manager as the Skye Technology Fund Trust. Net of fees and expenses. Individual returns may vary based primarily on date of investment. Where the performance of a particular class of a fund is displayed, other classes may be available and fees and performance may differ in those other classes. Chart Sources: Quotestream; Google Finance; Pinnacle Fund Admin. Index returns do NOT assume reinvested dividends.
