TORONTO, ONTARIO--(Marketwired - April 19, 2013) - Goodwood Inc., the manager of Goodwood Capital Fund (the "Fund"), announced today that in an ongoing effort to reduce costs for its investors in an environment of escalating fees, it will no longer charge the Fund a performance incentive fee, effective immediately. In line with their philosophy of enhancing investor value, Goodwood Inc. believes that this will provide investors in the Fund with greater certainty on the amount of fees payable by the Fund.
Goodwood Inc. (www.goodwoodfunds.com) was founded in 1996 with a value investment methodology that would be repeatable over time. Goodwood uses a bottom-up, value-oriented, active and often event-driven approach to investing with the objective to achieve above average performance by investing in companies below an estimate of their true, underlying worth.
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