Formula Growth (2 strategies invested in: Long & Long/Short)

Formula Growth (2 strategies invested in: Long & Long/Short)

Name of Investment/
Investment Strategy
Formula Growth (2 strategies invested in: Long & Long/Short)
New Category Domestic
Investment Manager Formula Growth
Fund Status
Archive No
Custodian Formula Growth Hedge Fund
Jurisdiction Canadian Trust that invests in Class A & F units offered in USD
T1135 Reporting No 
Currency USD
Tax Slip T Slips (T3/T5). It's a T3 (2014) - Risk - if charitable foundation client has over certain % invested tax implications could occur
Please note realized gain/loss reports will also need to be requested in order to ensure all transactions are captured. T slips provide data at the fund level but if a client triggers a sale or purchase it would not be captured in the T slip
Receiver
of Tax Receipt
RFO/Client
Tax Slips Expected

 
Statements Expected

Quarterly
Accounting
Treatment
Per T Slip. Distribution received recorded as deferred income and reallocate per T slip at year-end.
Tax Memo/
Tax Treatment
Per T Slip
US Tax Return Required No
Type Mutual fund Trust
Nature
of Investment
FG has a deep experience in the small and mid-cap growth stock market. The investment team seeks to uncover high conviction investment ideas in this large, inefficient and often less understood segment of the market.
Notes