MacNicol Alternative Asset Trust Fund Summary
The MacNicol Alternative Asset Trust is a multi-strategy, alternative investment platform designed to generate positive and uncorrelated returns against the public stock and bond markets. The Trust, through its underlying limited partnerships, is invested in private real estate and mortgages, private equity and multi-strategy hedge funds. Combined, the Alternative Trust is invested in more than 150 separate real estate projects, mortgages, hedge funds and private securities. The advantage of combining different alternative asset classes and high yield investments into one Fund include tremendous diversification, enhanced liquidity, and a more predictable and less volatile pattern of returns when compared against the performance of the individual asset classes themselves.
(As of September 30, 2025)
Mutually Reinforcing Strategies
- Combination of Canadian and US real estate
- Objective to generate income and capital gains
- Types of real estate investments:
- Mortgages
- Apartments
- Condominiums
- Whole loans
- Developable land
- single family homes
- Target return of >10% p.a.
- Minimum investment of >$50m for Accredited Investors
MacNicol 360 Degree Real Estate Income Fund
The purpose of the Fund is to generate steady income and capital gains primarily from investments in Canadian commercial properties and U.S. residential properties and mortgage pools. The partnership will do so through a combination of direct and private fund investments in different geographies and across several strategies.
Investments or pending investments to date include partnerships or properties across Canada and the United States including properties managed by the Kingsett Capital Management of Toronto and the Prospect Properties Group of Orlando, Florida.
The 360 Degree Advantage
- Enhanced diversification and oversight
- Monthly liquidity
- Institutional level transparency and reporting
- Conservative leverage structure
- Self-liquidating portfolio of assets
- Valuations underpinned by tangible assets
- No correlation to stock or bond markets
- Local point of contact
MacNicol Emergence Fund
The investment objective of the Emergence Fund is to generate capital gains by investing in a portfolio of privately held companies. The primary objective of the Emergence Fund is to seek investments in small companies which are not widely followed by research analysts or investors. The Fund seeks opportunities where capital exit strategies are clearly defined, and are likely to occur within a three-year time frame.
- Invest in private companies
- Equity
- Convertible debt
- Warrants
- Objective of capital gains and moderate income
- Returns independent of stock market
- Investments made directly and thru Private Equity Managers
- Minimum investment > $50m for Accredited Investors
MacNicol Absolute Return Fund
The advantages of our approach to alternative assets include effective diversification, enhanced liquidity and a less volatile return profile compared to the individual asset classes themselves.
- Objective to generate consistent and positive absolute returns
- Returns are independent of public stock markets
- Invest with managers from Canada, U.S. and U.K.
- Multiple value-added trading strategies used
- Target return of 7-10% p.a. (net of fees)
- Investments can range from $50,000 – $1 million for Accredited Investors
Multi-Strategy Fund of Funds
MacNicol Safe Harbour Fund – Downside Protection
What happens to your portfolio if the market tanks? It will probably tank. The MacNicol Safe Harbour Fund could provide portfolio insurance and protect your wealth today, no matter the market conditions.
Investment Approach
MacNicol & Associates Asset Management specializes in building customized investment portfolios designed to preserve and grow wealth for high-net-worth individuals, families, and institutions. The firm combines a disciplined, fundamentals-driven approach with access to alternative asset investments that are typically not available to individual investors.
MacNicol & Associates Asset Management also offer client tail risk protection through their exclusive Safe Harbour Fund. The Safe Harbour Fund offers individuals and institutions portfolio insurance through an option strategy designed to protect portfolios from significant losses especially during “Black Swan” events or large market downturns.
By diversifying across traditional equities, fixed income, private equity, venture capital, and real assets, the firm strives to deliver consistent long-term results while managing volatility and protecting capital. MacNicol’s philosophy is rooted in fiduciary responsibility, client transparency, and delivering institutional-quality portfolio management with a personalized, boutique-level client experience.
Ideal Client
MacNicol & Associates serves individuals, families, trusts, and institutions who seek more than conventional wealth management. Their ideal client values disciplined stewardship, access to alternative investments, and a partner who can help protect wealth while pursuing meaningful long-term growth.
Household Minimum
Average Family Relationship ~ $2 MM
Fees
Sliding scale starting at 1.5% on the 1st $2 MM
On-boarding
White glove hybrid, personalized discovery and portfolio transition
Custodians
Raymond James, Interactive Brokers and others.
“Our clients entrust us with not only their wealth, but also their legacy. We take that responsibility seriously and provide solutions that balance growth, preservation, and opportunity.”
