Lightwater Partners

Minimize Directional Risk

We don’t make big ‘calls’ on the market or a commodity or sector.

Absolute Returns

Returns irrespective of market performance.

Lower Correlation and Volatility

Risk mitigation in highly volatile times.

Why Choose Lightwater?

  1. Track Record as Canadian Long/Short Manager

    Lightwater Partners was founded in 2007 and has a 9 year track record managing long short strategies. Since inception, the Lightwater Long Short Fund has outperformed the TSX index while taking half the level of market risk (net exposure).


  2. Canadian Mid-Cap Specialists

    Our focus is Canadian mid-cap stocks, on both the long and short side on the ledger. There are approximately 450 mid-caps in Canada.


  3. Lower Volatility

    The Lightwater Long Short Fund has historically exhibited only 2/3 of the volatility compared to the TSX index.


  4. Lower Correlation

    The Lightwater Long Short Fund has exhibited 0.28 correlation with the TSX index since incption1. The Nimble Fund has exhibited negative 0.13 correlation with the TSX index since inception1.


  5. Performance in Down Markets

    Hedging strategies are in place in all market conditions. Lightwater was one of the few hedge fund managers to earn a positive return in 2008. The Lightwater Long Short Fund has outperformed the TSX index 74% of the time when the TSX index has a down month1.


1As of February 29 2016