Mapleridge Capital Corporation

Mapleridge Capital Corporation

October 14, 2008 07:41 ET

Mapleridge Capital Delivers Positive Gains Inverse to Wall St Losses

Fund to Soft Close January 1, 2009

TORONTO, ONTARIO--(Marketwire - Oct. 14, 2008) - Mapleridge Capital, an international, quantitative, systematic asset management firm based in Toronto, announced today that fund and management accounts will be closed to new investors as of January 1, 2009. The soft close comes at a time when, despite economic turbulence on Wall Street, Mapleridge has generated exceptional returns in the period June, 2007 (the beginning of the fallout from sub-prime) to September, 2008, exceeding 39% p.a. for investors in the class B shares of the Mapleridge fund.

"The current environment has been very beneficial to us and we believe it will continue well into 2010, allowing Mapleridge to generate a superior risk-adjusted return," says Pierre Villeneuve, Managing Director of Mapleridge Capital. "We don't want to risk the integrity and profitability of our returns by taking in too much money."

Mapleridge emphasizes short-term trading strategies without any long or short bias in approximately 36 global markets. The average holding period for an entire portfolio is approximately 2 trading days. Trading strategies are implemented virtually 24 hours per day in a disciplined and systematic manner.

Of particular interest to many investors and fund managers are the correlation of Mapleridge's investment returns to other asset classes and the low daily volatility of the company's returns. The correlation of Mapleridge's returns to many benchmarks, including other alternative investment managers, has been low to negative. Its low daily volatility stems from Mapleridge's strict risk management approach, which is fundamental to its investment process and enables the firm to limit average volatility to less than 125 basis points per day. Furthermore, the portfolio is broken down into market sectors with limits placed on the overall exposure in each sector.

Villeneuve and Managing Director Randal Selkirk have worked together since 1991. Prior to forming Mapleridge Capital Selkirk and Villeneuve co-managed the managed futures area at a Canadian hedge fund manager. Between 1991 and 1994, the Mr. Selkirk and Mr. Villeneuve worked at a major Canadian investment dealer researching and implementing systematic futures trading strategies as well as money management and portfolio management techniques.

To learn more about Mapleridge Capital, visit

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