Marret Resource Corp. ("MAR")

Key Benefits

• MAR is focused on natural resource lending
• Attractive asset class with limited accessibility for institutional and retail investors
• Fixed income investments in natural resource sectors provide attractive risk adjusted returns:
       • Lower volatility exposure to the sector
       • Equity type returns through the issuance of warrants and bonuses associated with the loans
• Hedging strategies will be utilized to protect the portfolio against risk of losses from interest rate changes and/or market declines
• TSX listed (MAR)

On July 7, 2015 MAR announced a material change to its business, including two significant redemptions of shares that would take place in July and October of 2015. Please review the press release.

Investment Strategy

MAR’s investment objective is to achieve a high level of income and potential capital gains, with an attractive risk-adjusted return and moderate volatility.

To achieve its objective, MAR will invest primarily in public and private debt securities and make term loans (including bridge and mezzanine debt) to issuers in a broad range of natural resource sectors, including but not limited to energy (including exploration and development, services and related businesses), base and precious metals, other commodities.  MAR may invest in, and may sell short, non-investment grade and investment grade corporate debt, bank loans and commitments, debt with equity warrants attached and convertible debt.  The securities may be unrated.  MAR may also purchase and sell short, common equities, preferred shares, futures, various over-the-counter credit and/or index derivatives and other securities in accordance with the investment objective and restrictions in this Policy.  MAR intends to invest primarily in North American securities, however, it may invest in other global markets should attractive opportunities arise.  MAR may also invest in government debt securities of emerging markets with resource-based economies.  MAR will invest across all market capitalization sizes, including small and medium-sized business entities and will also make use of leverage in the form of borrowings.

NAV & Performance

NAVPU (August 10, 2017): $0.888

 

Portfolio Holdings


 

Portfolio Commentary


 

Investor Documents

Financial Statements and MD&A

PDF

Annual Financials for the period ended December 31, 2017

PDF

MD&A Q4-2017

PDF

Annual Financials for the period ended December 31, 2016

PDF

MD&A Q4-2016

PDF

Interim Financials for the period ended September 30, 2016

PDF

Interim Financials for the period ended March 31, 2016

PDF

MD&A Q1-2016

PDF

Annual Financials for the period ended December 31, 2015

PDF

MD&A Q4-2015

PDF

Interim Financials for the period ended June 30, 2015

PDF

MD&A Q2-2015

PDF

Interim Financials for the period ended March 31, 2015

PDF

Annual Financials for the period ended December 31, 2014

PDF

MD&A Q1-2015

PDF

MD&A Q4-2014

PDF

Interim Financials for the period ended September 30, 2014

PDF

MD&A Q3-2014

PDF

Interim Financials for the period ended June 30, 2014

PDF

MD&A Q2-2014

PDF

Interim Financials for the period ended March 31, 2014

PDF

MD&A Q1-2014

PDF

Annual Financials for the period ended December 31, 2013

PDF

MD&A Q4-2013

PDF

Interim Financials for the period ended September 30, 2013

PDF

MD&A Q3-2013

PDF

Interim Financials for the period ended June 30, 2013

PDF

MD&A Q2-2013

PDF

Interim Financials for the period ended March 31, 2013

PDF

MD&A Q1-2013

PDF

Annual Financials for the period ended December 31, 2012

PDF

MD&A Q4-2012

PDF

Interim Financials for the period ended September 30, 2012

PDF

MD&A Q3-2012

PDF

Interim Financials for the period ended June 30, 2012

PDF

MD&A Q2-2012

PDF

Interim Financials for the period ended March 31, 2012

PDF

MD&A Q1-2012

PDF

Annual Financials for the period ended December 31, 2011

PDF

MD&A Q4-2011

PDF

Interim Financials for the period ended September 30, 2011

PDF

MD&A Q3-2011

PDF

Interim Financials for the period ended June 30, 2011

PDF

MD&A Q2-2011

PDF

Interim Financials for the period ended March 31, 2011

PDF

MD&A Q1-2011

2015 Press Releases
PDF

October 5, 2015 – Marret Resource Corp. Announces Record Date and Distribution

PDF

July 27, 2015 – Marret Resource Corp. Releases Q2 2015 Financial Statements

PDF

July 7, 2015 – Marret Resource Corp. Announces Record Date and Distribution

PDF

June 29, 2015 – Marret Resource Corp. Announces Results of Annual and Special Meeting and Approval by Shareholders of Management Proposal

PDF

May 12, 2015 – Marret Resource Corp. Announces Shareholder Proposal

Offering Documents
PDF

Short Form Prospectus dated June 23, 2011

Other Documents
PDF

Report of Organizational Actions Affecting Basis of Securities

PDF

Management Information Circular dated May 20, 2015

Dividend Reinvestment Plan
PDF

Investor Letter

PDF

Dividend Reinvestment Plan

PDF

Plan Enrollment Forms

Plan Administrator's Site (Computershare)

 

Fund Facts*

Symbol:
TSX: MAR
Fund Type:
Investment Corporation
Dividends:
N/A
Inception date:
April 21, 2011
Management fee:
1.0%
Performance fee:
15% over 5% hurdle


To be the preeminent Canadian credit manager as measured by total rate of return, superior multi-year performance, and retention of world-class employees.


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