Liquid Alternative Event-Driven / Merger Arbitrage Sub-Advisor: NexPoint

Oak Hill NexPoint Global Merger Arbitrage Fund

The fundamental investment objective of the Oak Hill NexPoint Global Merger Arbitrage Fund (the “Fund”) is to generate consistent, positive absolute returns, with low volatility and low correlation to equity markets by investing in securities in Canada, the United States and in other foreign jurisdictions.

StructureAlternative mutual fund
LiquidityDaily
Min. investment$500
InceptionMay 2023
AUM$60.7M (Feb 28, 2026)

Investment objective

The fundamental investment objective of the Oak Hill NexPoint Global Merger Arbitrage Fund (the “Fund”) is to generate consistent, positive absolute returns, with low volatility and low correlation to equity markets by investing in securities in Canada, the United States and in other foreign jurisdictions.

Why investors consider this strategy

  • Absolute-return objective with low targeted correlation to equity markets
  • Highly specialized, event-driven strategy focused on announced transactions
  • Daily liquidity in CAD and USD series
  • Eligible for registered tax plans

Investment strategy

To achieve its investment objectives, the Fund will primarily focus on merger arbitrage by investing in securities of companies that are involved in publicly announced mergers (including mergers through takeovers and tender offers). Merger arbitrage is a highly specialized investment approach generally designed to profit from the successful completion of merger transactions.

The simplest form of merger arbitrage activity involves purchasing the shares of an announced acquisition target at a discount to their expected value upon completion of the acquisition. The size of this discount, known as the arbitrage “spread,” may represent the potential profit on such an investment.

The merger arbitrage strategy is designed to provide performance that NexPoint believes will normally have a relatively low correlation with the overall performance of stock markets.

Key risks and considerations

The value of the Fund can go down as well as up, and returns are not guaranteed. Each strategy involves its own risks, described in the Fund’s offering documents.

Read the offering documents ↓

Key facts

As of February 28, 2026
StructureAlternative mutual fund (liquid alternative)
AUM$60.7 million (Feb 28, 2026)
DistributionsAnnually
Registered plan statusEligible
Purchases / redemptions / valuationsDaily
Performance fee15%
Minimum investment$500 initial, $50 additional

Performance

As of February 28, 2026 · net of fees
Series1M3MYTD1Y3Y5YSince inception
Series F-0.59%-0.34%-0.37%4.05%n/an/a4.94%
Series X-0.56%-0.27%-0.32%4.31%n/an/a4.86%

Performance is net of investment management fees and expenses. Past performance is no guarantee of results.

Portfolio holdings

Oak Hill does not currently publish holdings on its website. If approved holdings or portfolio-characteristic data become available, this section presents them with the reporting date and required disclosures.

Fund codes & series

NAV as of February 28, 2026.

SeriesFund codeManagement feeNAV / inception
Series FOHF 1031.00%$10.9718 NAV · inception 12/06/2023
Series AOHF 1012.00%$10.5696 NAV · inception 24/05/2023
Series XOHF 1050.75%$10.3624 NAV · inception 01/05/2023
Series F USDOHF 103U1.00%$10.6743 NAV · inception 12/06/2023
Series A USDOHF 101U2.00%$10.5664 NAV · inception 6/11/2023

Distributions

Distributions, if any, are paid annually. Distribution amounts are not guaranteed and may vary. Year-end distribution reports are published as fund documents when available.

Year End Distributions (2025)
Distribution frequencyAnnually
Registered plan statusEligible

Questions about this fund?

Our team supports advisors and investors across Canada with fund documents, series availability and strategy education.

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Important information

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Investors should carefully consider a fund’s investment objectives and strategies, risks, fees and expenses before investing. Please read the offering documents before investing. Investment funds are not guaranteed. Fund values change frequently and past performance may not be repeated.

This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice.