as of Febryary 28, 2013 (based on 24 Month Hedge Fund Report Card)
| Rank | Hedge Fund | Fund Name | Score | Grade | 1 Yr Change |
|---|---|---|---|---|---|
| 1 | Curvature | Curvature Fund LP | 84.5% | A | up 6 % |
| 2 | GFI Investment Counsel | Good Opportunities Fund | 83.5% | A | up 1 % |
| 3 | Broadview Capital | Dark Horse Fund | 82.0% | A | up 6 % |
| 4 | Ross Smith | Capital Investment Fund | 80.5% | A | down 1 % |
| 5 | Venator Capital | Venator Income Fund | 79.5% | B+ | up 9 % |
| 6 | Vantage Asset Management | Vantage Fund | 76.5% | B | up 13 % |
| 7 | Jemekk Capital Management | Total Return Fund | 75.0% | B | up 4 % |
| 8 | Silvercove Capital | Hard Asset Fund LP | 74.0% | B | up 2 % |
| 9 | Kaiog Capital Partners | Kaiog Capital Partner LP | 73.5% | B- | up 4 % |
| 10 | SW8 | SW8 | 73.0% | B- | down 1 % |
| 11 | Periscope Capital | Periscope Fund LP | 72.5% | B- | down 3 % |
| 12 | Seven Seas | Capital Appreciation Fund | 72.5% | B- | - |
| 13 | Waratah Advisors | One Fund | 71.0% | B- | down 3 % |
| 14 | Picton Mahoney | Mkt Neutral Fund | 70.5% | B- | down 4 % |
| 15 | Vertex One | Vertex Fund | 70.5% | B- | up 17 % |
| 16 | East West | Canada Fund LP | 70.0% | B- | - |
| 17 | Anson Group | Master Fund LP | 68.5% | C | down 13 % |
| 18 | Picton Mahoney | Long Short Equity Fund | 68.5% | C | up 1 % |
| 19 | Genuity Fund Man. | Genuity Mkt Neutral | 67.5% | C | down 4 % |
| 20 | GMP Investments | GMP Diversified Alpha Fund | 67.5% | C | up 2 % |
| 21 | Red Sky | Partners Fund | 67.5% | C | down 5 % |
| 22 | Waratah | Performance Fund | 67.5% | C | down 7 % |
| 23 | Donville Kent | Capital Ideas Fund | 67.0% | C | down 2 % |
| 24 | Waratah Advisors | Income Fund | 66.5% | C | down 1 % |
| 25 | Blackheath Fund Man. | Blackheath Volatility Arbitrage Fund LP | 65.0% | C | up 4 % |
| 26 | Venator Capital | Venator Founders Fund | 64.5% | C | - |
| 27 | BluMont Capital | Hirsch Performance Fund | 64.5% | C | - |
| 28 | Sherpa Asset Management | Diversified Returns Fund | 62.0% | C- | up 2 % |
| 29 | Spartan Fund Management | Scale Opportunities Fund | 62.0% | C- | - |
| 30 | Garrison Hill Capital | Garrison Hill Multi-Strategy LP | 59.5% | D | down 5 % |
| 31 | Sherpa Asset Management | Market Neutral Income Fund | 58.5% | D | up 1 % |
| 32 | Sprott Asset Management | Sprott Small Cap Hedge Fund | 57.5% | D | down 8 % |
| 33 | Equilibrium Capital | King & Victoria Fund LP | 55.5% | D | up 4 % |
| 34 | Fiera Capital | Market Neutral Equity Fund | 54.5% | D | up 4 % |
| 35 | Spartan Fund Man. | Multi Strategy Fund | 54.5% | D | down 8 % |
| 36 | MMCAP | MMCAP Fund | 54.0% | D | down 27 % |
| 37 | Jemekk Capital Management | Long Short Fund | 54.0% | D | down 1 % |
| 38 | Auspice Capital | Auspice Diversified Program | 47.0% | F | down 9 % |
| 39 | Primevest Capital | Primevest Fund | 38.5% | F | down 8 % |
| 40 | K2 & Associates Inv. | The K2 Principal Fund LP | 37.0% | F | down 22 % |
| 41 | Genuity Fund Man. | Genuity 30/130 | 33.0% | F | down 14 % |
| 42 | Rosalind Advisors | Rosalind Capital Partners LP | 30.5% | F | - |
| 43 | Niagra Capital | Discovery Fund | 29.5% | F | - |
| 44 | Rosseau Asset Management | Rosseau LP | 28.5% | F | - |
| 45 | Aurion Capital | Aurion II Equity Fund | 23.0% | F | - |
| 46 | Triumph Asset Mngt. | Capital Appreciation | 20.0% | F | - |
| 47 | Sprott Asset Management | Sprott Hedge Fund LP II | 9.0% | F | - |
J.M.O. Research Limited | 2 Bloor Street West, Suite 1503 | 416-831-0105