Auspice Celebrates Success and Stampede!

On July 10th 2023 the Auspice team hosted a Stampede party at the Wildhorse Tent with over one hundred in attendance. Thank you to all our friends, partners, and clients for being part of an incredible event and awesome journey over the past few years.

See picture gallery here.

CALGARY, Alberta, March 02, 2023 (GLOBE NEWSWIRE) -- Auspice Capital Advisors Ltd. (Auspice) today announced the launch of Auspice Diversified Trust (ADT) and Auspice One Fund Trust (AOFT) as public alternative mutual funds that can be invested in by retail investors. The funds, previously only available to institutional and accredited investors on an exempt basis, will maintain their existing track records, including the 16+ year track record of the firm’s longest standing and flagship fund, Auspice Diversified Trust.

“We are excited to launch ADT and AOFT as two publicly traded alternative mutual funds. They were both previously offered on an exempt basis and can now be bought by all retail investors. ADT and AOFT are also well positioned to generate positive returns in this environment with interest rates, inflation, and volatility no longer compressed” said Tim Pickering, President of Auspice. “While there are a number of resource equity funds, there are few funds that provide direct exposure to commodities in Canada, an even fewer managers that have the tenure and track record of Auspice.”

CI Global Asset Management is expanding the range of choice for Canadian investors once more with the introduction of three new ETFs. Among those is the CI Auspice Broad Commodity ETF (CCOM), Canada’s very first multi-commodity ETF launched in partnership with Auspice Capital.

For Tim Pickering, the founder and CIO of Auspice Capital, it’s been a long time coming. “The demand for commodity-based products on a global basis has been significant for a long time, especially in the last few years since COVID hit and inflation became a very relevant issue,” Pickering told Wealth Professional in an interview. “We think it's far, far overdue that a broad commodity product like this, especially one with a long successful track record, exists for Canadian investors in Canada.”

CI Global Asset Management (“CI GAM”) today launched three new investment options – two ESG-focused mandates offering both mutual fund and ETF series, and a commodity-focused liquid alternative ETF.

The CI Auspice Broad Commodity ETF (“CCOM”) seeks to replicate the performance of the Auspice Broad Commodity Excess Return Index (the “Index”) by investing in financial instruments, including futures contracts and derivatives. The Index uses a quantitative methodology to track a diversified portfolio of commodity futures contracts, or components, across three sectors: agriculture, energy and metals.

“This ETF launch is especially timely, given that commodities are benefiting from supply constraints combined with heightened demand driven in part by infrastructure spending and the transition to a greener and more sustainable society,” Mr. Ferreira said. “As a result, exposure to commodities holds the potential to add inflation protection to investors’ portfolios.

Auspice is proud to share that we have partnered with CI to launch the CI Auspice Broad Commodity ETF (Ticker "CCOM") with a September 27th targeted launch. See the press release here for more.

Auspice Broad Commodity is currently available via the NYSE listed Direxion Auspice Broad Commodity ("COM") ETF and has been a top performer in its category. Notably, the underlying Auspice Broad Commodity Index (ER) has outperformed benchmarks GSCI ER and BCOM by 4.0% and 3.3% annualized with roughly half the volatility and drawdown since 2010 inception. We are proud to partner with CI in bringing this top performing commodity strategy to Canadian Investors. We are also more constructive on the commodity outlook than ever, with the recent pullback potentially offering an attractive entry point for investors. See this month's blog for more.

Danielle Smith hosts Tim Pickering, Founder of Auspice Capital Advisors LTD, for an in-depth discussion on the commodities market in the wake of Russia's invasion of Ukraine.

“Canadian energy companies have demonstrated leadership in developing greener energy infrastructure.”

“LNG is not a 100 percent solution to our climate problem, but it gets us significantly closer to our goals and should be prioritized versus relying on foreign countries with higher emissions and poor track records.” - Tim Pickering, Auspice Capital President and CIO.

Paul Krake, host of Climate Transformed, chats with Brennan Basnicki, partner at Auspice Capital Advisors, about how investing in commodities fits within an ESG framework as well as whether commodities are an ideal hedge against inflation.

“People have this idea that commodities and ESG are just diametrically opposed, and we get some of that. We've always said producing commodities, particularly in the mining and extraction business, is inherently an invasive process,” Auspice Capital President and CIO Tim Pickering, told Wealth Professional. “But the question is, how do you go about gaining that commodity exposure as an investor?”

The HFM US Performance Awards 2021 took place on the evening of November 4 at the stunning Gotham Hall, New York, bringing together the US hedge fund industry to connect. The awards celebrated hedge fund, CTA and fund of hedge fund performance, encompassing the whole breadth of hedge fund strategy, from credit and equity to macro and managed futures.

We are proud to share that Auspice Diversified was selected as winner of the managed futures (CTA) under $1bn category.