COVISTA VALUE FUND LIMITED PARTNERSHIP
The principals launched the Covista Value Fund Limited Partnership in 2015 as a means of investing in a pooled portfolio alongside their clients. The Portfolio Manager seeks to realize long-term capital appreciation by acquiring positions in companies trading below intrinsic value.
We seek to accumulate shares of companies with little or no analyst coverage, strong balance sheets, and competent management teams aligned with investor interests.
Risk is reduced through sector and industry diversification.
Low risk long-term capital appreciation.
Active bottom-up fundamental value.
Rann Cannon is the portfolio manager of the Covista Value Fund Limited Partnership. For over 20 years, Mr. Cannon has worked within the Canadian and US investment industry, creating and managing portfolios for institutions and high net worth individuals. He also has extensive experience in securities analysis.
Mr. Cannon is a Chartered Financial Analyst®
To discuss your eligibility to invest in the Covista Value Fund Limited Partnership, please contact us.
Portfolio Manager: Rann Cannon
Prime Broker: TD Securities
RSP & TFSA eligible: Yes
Valuation & Liquidity: Monthly
Incentive Distribution: 20%
Minimum Investment: $25,000
Management Fee: 2%
Early Redemption Fee: Y1: 6%, Y2: 4%, Y3: 2%
Strategy: Deep Value
High Water Mark: Yes