Description

The Citadel Income Fund functions as a closed-end balanced mutual fund. Originally established by Artemis Investment Management Limited, its current oversight falls under Vestcap Investment Management Inc. The fund's investment strategy focuses on both public equity and fixed-income assets within the Canadian market. Regarding its fixed income investments, the fund primarily targets investment-grade securities, which are generally rated BBB or higher on average by Standard & Poor's. For its equity portfolio, the emphasis is placed on stocks of large-capitalization companies. Portfolio construction is informed by a comprehensive fundamental analysis approach. This fund, previously known as Crown Hill Fund, was launched on December 31, 2008, and is registered in Canada.