Alternative IQ Announces The Top Contenders For The 2025 Canadian Hedge Fund Awards

(MENAFN- Newsfile Corp) Toronto, Ontario--(Newsfile Corp. - September 30, 2025) - Alternative IQ today announced the Top Contenders for the 2025 Canadian Hedge Fund Awards, the highest honour in Canada's hedge fund industry. Winners will be announced on Tuesday, October 28^th at the Gala Awards Dinner at One King West Hotel in Toronto.

The annual Canadian Hedge Fund Awards program helps investors and their advisors identify the best performing hedge funds by recognizing winners in 7 performance measures across 7 categories as well as the Overall Best 2025 Canadian Hedge Fund. The awards are based solely on quantitative performance data to June 30^th, which is collected and tabulated by Fundata Canada to determine the winners.

NEW for 2025 is the addition of 10-year performance metrics which provides a good comparison of Canada's largest, most successful hedge funds against their peers. We have also added a new category to the annual CHFA program: Mortgage Funds to broaden the scope to include more alternative strategies.

A total of 291 Canadian Hedge Funds - the highest number ever - were considered for a 2025 Canadian Hedge Fund Award. For the full Directory of Canadian Hedge Funds, check here: where you will also see a chart as at June 30, 2025 of Average Performance by Hedge Fund Category.

In alphabetical order, the Top Contenders for 2025 Canadian Hedge Fund Awards are:

Overall Best 2025 Canadian Hedge Fund:

(based on 10 year best combined annualized return and Sharpe ratio).

Canoe Energy Alpha Fund LP

AIP Convertible Private Debt Fund LP

HGC Fund LP (The)

Kipling Global Enhanced Growth Fund

Lumen Long Short Equity Fund

Pathfinder Partners' Fund

Polar Multi-Strategy Fund (Canada)

Portland Focused Plus Fund LP

SMI Defensive LP

SMI Opportunities LP

2025 CHFAwards - Top Contenders - Equity Focused:

Best 1 Year Return	Best 3 Year Return
DKAM Capital Ideas Fund Dynamic Global Growth Opportunities Fund Lynwood Opportunities Fund Optimist Fund Palos-Mitchell Alpha Fund Pathfinder Resource Fund Portland Focused Plus Fund LP Primevestfund ROMC Fund Viking Global Value Fund	Agilith North American Diversified Fund Bedford Park Opportunities Fund DKAM Capital Ideas Fund Focus International Equity Fund Kipling Global Enhanced Growth Fund Oasis Growth Fund Optimist Fund Palos-Mitchell Alpha Fund ROMC Fund Viking Global Value Fund
Best 5 Year Return	Best 10 year Return
Agilith North American Diversified Fund Bedford Park Opportunities Fund Calrossie Partners Fund Canoe Energy Alpha Fund LP MMCap Canadian Fund Palos-Mitchell Alpha Fund ROMC Fund Viking Global Value Fund Wealhouse Lions Bay Fund XIB Fund	Calrossie Partners Fund Canoe Energy Alpha Fund LP GFI Good Opportunities Fund Groundlayer Alpha Fund LP Kipling Global Enhanced Growth Fund Lumen Long Short Equity Fund Pathfinder Partners' Fund Portland Focused Plus Fund LP Primevestfund ROMC Fund
Best 3 Year Sharpe Ratio	Best 5 Year Sharpe Ratio
Agilith North American Diversified Fund Focus International Equity Fund Groundlayer Alpha Fund LP Kipling Global Enhanced Growth Fund Lumen Long Short Equity Fund Optimist Fund Pathfinder Conviction Fund PICTON Long Short Equity Fund ROMC Fund SMI Defensive LP	Calrossie Partners Fund Canoe Energy Alpha Fund LP Kipling Global Enhanced Growth Fund Lumen Long Short Equity Fund PICTON Long Short Equity Fund ROMC Fund SMI Defensive LP Timelo Strategic Opportunities Fund Viking Global Value Fund Wealhouse Lions Bay Fund
Best 10 Year Sharpe Ratio
Canoe Energy Alpha Fund LP Forge First Long Short LP Groundlayer Alpha Fund LP Kipling Global Enhanced Dividend Fund Kipling Global Enhanced Growth Fund Lumen Long Short Equity Fund Pathfinder Partners' Fund PICTON Long Short Equity Fund SMI Defensive LP Waratah Performance

2025 CHFAwards - Top Contenders - Credit Focused:

Best 1 Year Return	Best 3 Year Return
Algonquin Debt Strategies Fund LP BMO AM Global Absolute Return Bond Fund Celernus Credit Opportunities Fund East Coast Strategic Credit Trust Focus Credit Opportunities Fund Goodwood Milford Fund Kipling Strategic Income Fund PICTON Credit Opportunities Fund Purpose Credit Opportunities Fund Wealhouse Amplus Credit Income Fund	Algonquin Debt Strategies Fund LP Davis Rea Enhanced Income Fund East Coast Strategic Credit Trust Ewing Morris Flexible Fixed Income Fund LP Focus Credit Opportunities Fund Kipling Strategic Income Fund RP Debt Opportunities Fund RP Select Opportunities Fund Wealhouse Amplus Credit Income Fund YTM Capital Credit Opportunities Fund
Best 5 Year Return	Best 10 year Return
Algonquin Debt Strategies Fund LP East Coast Strategic Credit Trust Focus Credit Opportunities Fund Goodwood Milford Fund Kipling Strategic Income Fund PICTON Credit Opportunities Fund Purpose Credit Opportunities Fund RP Debt Opportunities Fund RP Select Opportunities Fund Wealhouse Amplus Credit Income Fund	Algonquin Debt Strategies Fund LP Davis Rea Enhanced Income Fund East Coast Strategic Credit Trust Goodwood Milford Fund Ninepoint Credit Income Opportunities Fund PICTON Long Short Income Fund Purpose Credit Opportunities Fund RP Debt Opportunities Fund RP Select Opportunities Fund YTM Capital Credit Opportunities Fund
Best 3 Year Sharpe Ratio	Best 5 Year Sharpe Ratio
Access Private Income Fund Algonquin Debt Strategies Fund LP East Coast Strategic Credit Trust Focus Credit Opportunities Fund Kipling Strategic Income Fund PICTON Credit Opportunities Fund RP Debt Opportunities Fund RP Select Opportunities Fund Wealhouse Amplus Credit Income Fund YTM Capital Credit Opportunities Fund	Algonquin Debt Strategies Fund LP East Coast Strategic Credit Trust Focus Credit Opportunities Fund Kipling Strategic Income Fund PICTON Credit Opportunities Fund Purpose Credit Opportunities Fund RP Debt Opportunities Fund RP Select Opportunities Fund Wealhouse Amplus Credit Income Fund YTM Capital Credit Opportunities Fund
Best 10 Year Sharpe Ratio
Algonquin Debt Strategies Fund LP Davis Rea Enhanced Income Fund East Coast Strategic Credit Trust Goodwood Milford Fund Ninepoint Credit Income Opportunities Fund PICTON Long Short Income Fund Purpose Credit Opportunities Fund RP Debt Opportunities Fund RP Select Opportunities Fund YTM Capital Credit Opportunities Fund

2025 CHFAwards - Top Contenders - Market Neutral:

Best 1 Year Return	Best 3 Year Return
Caravel Capital (Canada) Fund CC&L Diversified Market Neutral Fund CC&L Global Market Neutral Formula Growth Alpha Fund HGC Fund LP (The) PCJ Absolute Return PICTON Arbitrage Fund PICTON Arbitrage Plus Fund PICTON Market Neutral Equity Fund Waratah One	Caravel Capital (Canada) Fund CC&L Diversified Market Neutral Fund CC&L Global Market Neutral CC&L Market Neutral Fund HGC Fund LP (The) PCJ Absolute Return PICTON Arbitrage Fund PICTON Arbitrage Plus Fund PICTON Market Neutral Equity Fund Waratah One X
Best 5 Year Return	Best 10 year Return
Altema Diversified Equity Market Neutral Fund Caravel Capital (Canada) Fund CC&L Diversified Market Neutral Fund CC&L Global Market Neutral HGC Fund LP (The) PCJ Absolute Return PICTON Arbitrage Fund PICTON Arbitrage Plus Fund PICTON Market Neutral Equity Fund Waratah One X	CC&L Diversified Market Neutral Fund CC&L Market Neutral Fund Formula Growth Alpha Fund HGC Fund LP (The) PCJ Absolute Return PICTON Arbitrage Fund PICTON Market Neutral Equity Fund Waratah One
Best 3 Year Sharpe Ratio	Best 5 Year Sharpe Ratio
Caravel Capital (Canada) Fund CC&L Diversified Market Neutral Fund CC&L Global Market Neutral CC&L Market Neutral Fund Formula Growth Alpha Fund HGC Fund LP (The) PCJ Absolute Return PICTON Arbitrage Plus Fund PICTON Market Neutral Equity Fund Waratah One X	Caravel Capital (Canada) Fund CC&L Diversified Market Neutral Fund CC&L Global Market Neutral HGC Fund LP (The) PCJ Absolute Return PICTON Arbitrage Fund PICTON Arbitrage Plus Fund PICTON Market Neutral Equity Fund Waratah One Waratah One X
Best 10 Year Sharpe Ratio
CC&L Diversified Market Neutral Fund CC&L Market Neutral Fund Formula Growth Alpha Fund HGC Fund LP (The) PCJ Absolute Return PICTON Arbitrage Fund PICTON Market Neutral Equity Fund Waratah One

2025 CHFAwards - Top Contenders - Global Macro/Managed Futures/Multi-Strategy:

Best 1 Year Return	Best 3 Year Return
CC&L Absolute Return Fund Fieldhouse Global Managed Futures Forge First Multi Strategy LP K2 Principal Fund LP (The) Meckelborg MFG Diversified Strategy Fund MFG Alternative Strategies Fund Palos Income Fund, LP PICTON Multi-Strategy Alpha Fund SIA ML Global Tactical Pool SMI Opportunities LP	CC&L Absolute Return Fund Forge First Multi Strategy LP Level 3 Total Return Opportunities Fund Meckelborg MFG Diversified Strategy Fund MFG Alternative Strategies Fund Palos Income Fund, LP PH&N Absolute Return Fund PICTON Multi-Strategy Alpha Fund Viewpoint Enhanced Global Multi-Asset Viewpoint Global Multi-Asset Trust
Best 5 Year Return	Best 10 year Return
CC&L Absolute Return Fund Fieldhouse Enhanced Pension Plus Forge First Multi Strategy LP Level 3 Total Return Opportunities Fund Meckelborg MFG Diversified Strategy Fund Palos Income Fund, LP PH&N Absolute Return Fund SIA ML Global Tactical Pool SMI Opportunities LP Westcourt Performance Portfolio	AIP Convertible Private Debt Fund LP CC&L Absolute Return Fund Forge First Multi Strategy LP K2 Principal Fund LP (The) Meckelborg MFG Diversified Strategy Fund Palos Income Fund, LP PH&N Absolute Return Fund Polar Multi-Strategy Fund (Canada) RBC Multi-Strategy Alpha Fund SMI Opportunities LP
Best 3 Year Sharpe Ratio	Best 5 Year Sharpe Ratio
CC&L Absolute Return Fund Forge First Multi Strategy LP IP Alternative Strategies Fund Level 3 Total Return Opportunities Fund Meckelborg MFG Diversified Strategy Fund PH&N Absolute Return Fund PICTON Multi-Strategy Alpha Fund Polar Multi-Strategy Fund (Canada) RBC Multi-Strategy Alpha Fund Westcourt Performance Portfolio	CC&L Absolute Return Fund Fieldhouse Enhanced Pension Plus Forge First Multi Strategy LP Level 3 Total Return Opportunities Fund Northfront Alternative Asset Fund PH&N Absolute Return Fund Polar Multi-Strategy Fund (Canada) RBC Multi-Strategy Alpha Fund SMI Opportunities LP Westcourt Performance Portfolio
Best 10 Year Sharpe Ratio
AIP Convertible Private Debt Fund LP Capstone Non-Traditional Equity Pool Fund CC&L Absolute Return Fund Forge First Multi Strategy LP K2 Principal Fund LP (The) Meckelborg MFG Diversified Strategy Fund Palos Income Fund, LP Polar Multi-Strategy Fund (Canada) RBC Multi-Strategy Alpha Fund SMI Opportunities LP

2025 CHFAwards – Top Contneders - Private Debt:

Best 1 Year Return	Best 3 Year Return
AGF SAF Private Credit LP Celernus Pivot Private Credit Fund Evergreen GAP Debt LP KIWI Business Credit Fund LP Merchant Opportunities Fund LP Nicola Private Debt Fund Vault High Yield Credit Fund Westbridge Capital Partners Income Trust Westmount Alternative Income Fund Yorkville Private Lending LP	Celernus Pivot Private Credit Fund Cortland Credit Strategies LP Evergreen GAP Debt LP Kinsted Strategic Income Pool KIWI Business Credit Fund LP Merchant Opportunities Fund LP Nicola Private Debt Fund Westbridge Capital Partners Income Trust Westmount Alternative Income Fund Yorkville Private Lending LP
Best 5 Year Return	Best 10 year Return
Bridgeport Alternative Income Fund Celernus Pivot Private Credit Fund Cortland Credit Strategies LP Invico Diversified Income Fund Kinsted Strategic Income Pool Merchant Opportunities Fund LP Nicola Private Debt Fund Ninepoint TEC Private Credit Fund Portland Private Income Fund Westbridge Capital Partners Income Trust	Cortland Credit Strategies LP Invico Diversified Income Fund Merchant Opportunities Fund LP Portland Private Income Fund

2025 CHFAwards - Top Contenders - Private Equity

Best 1 Year Return	Best 3 Year Return
Bridgeport Private Equity Opportunities Fund Caldwell Growth Opportunities Fund Canoe Global Private Equity Fund Kinsted Strategic Growth Pool MacNicol & Associates Emergence Fund Morningside Vintage Secondary 2022 LP Morningside Vintage Secondary 2023 LP Portland Global Sustainable Evergreen LP Starlight Global Private Equity Pool TURN8 Opportunity Fund LP	Bridgeport Private Equity Opportunities Fund Caldwell Growth Opportunities Fund Canoe Global Private Equity Fund Kensington Private Equity Fund Kinsted Strategic Growth Pool MacNicol & Associates Emergence Fund Morningside Vintage Secondary 2022 LP Portland Global Sustainable Evergreen LP Yorkville Pre-IPO Equity LP
Best 5 Year Return	Best 10 year Return
Caldwell Growth Opportunities Fund Kensington Private Equity Fund Kinsted Strategic Growth Pool MacNicol & Associates Emergence Fund Portland Global Sustainable Evergreen LP	Caldwell Growth Opportunities Fund Kensington Private Equity Fund MacNicol & Associates Emergence Fund

2025 CHFAwards - Top Contenders - Mortgage Funds

Best 1 Year Return	Best 3 Year Return
Antrim Balanced Mortgage Fund Cameron Stephens High Yield Mortgage Trust Capital Direct 1 Income Trust Capstone First Mortgage Fund LP Celernus Mortgage and Income Trust Fund CMLS Mortgage Fund Sterling Mortgage Income Fund Vault Commercial Mortgage Fund Vault Real Property Secured Debt Fund Westboro Mortgage Investment Fund	Antrim Balanced Mortgage Fund Cameron Stephens High Yield Mortgage Trust Capital Direct 1 Income Trust Capstone First Mortgage Fund LP Celernus Mortgage and Income Trust Fund CMLS Mortgage Fund Sterling Mortgage Income Fund Vault Commercial Mortgage Fund Vault Real Property Secured Debt Fund Westboro Mortgage Investment Fund
Best 5 Year Return	Best 10 year Return
Antrim Balanced Mortgage Fund Cameron Stephens High Yield Mortgage Trust Capital Direct 1 Income Trust Capstone First Mortgage Fund LP Capstone Mortgage Pool Celernus Mortgage and Income Trust Fund CMLS Mortgage Fund Sterling Mortgage Income Fund Vault Real Property Secured Debt Fund Westboro Mortgage Investment Fund	ACM Commercial Mortgage Fund Alitis Private Mortgage Fund Antrim Balanced Mortgage Fund Capital Direct 1 Income Trust Capstone Mortgage Opportunities Fund LP Capstone Mortgage Pool Celernus Mortgage and Income Trust Fund Romspen Mortgage Investment Fund Westboro Mortgage Investment Fund YTM Capital Mortgage Income Fund

The 18 ^th Annual Canadian Hedge Fund Awards Gala Dinner will be held on Tuesday, October 28, 2025 in the Grand Banking Hall at One King West Hotel, Toronto

The 2025 Canadian Hedge Fund Awards will be announced, and trophies presented to the Winners, at the Annual Gala Awards Dinner. A networking Cocktail Reception begins at 5:00pm. The dinner will commence at 6:30pm with a Keynote Address by Jay Bala, CEO & Senior Portfolio Manager, and John Cooper, Advisor & Director, of AIP Asset Management. AIP received the 2024 Best Overall Canadian Hedge Fund Award.

Fundata Canada is the Principal Sponsor of the 2025 Canadian Hedge Fund Awards program. This year's CHFA Program and its Gala Awards Dinner would simply not be possible without their generous support and that of all the sponsors and event partners including National Bank, Newsfile, SGGG Fund Services and TD Securities.

Interested fund managers, investors, and industry experts can find out more information and purchase tickets here: , or contact:

MENAFN30092025004218003983ID1110129934