What does MMN mean in TORONTO STOCK EXCHANGE

A multi-manager limited partnership is a type of pooled investment structure that uses multiple asset managers to invest in different strategies. These asset managers are responsible for allocating capital on behalf of the limited partners, who are the investors in the fund. By using multiple asset managers, there is an opportunity to diversify across strategies, geographies and asset classes.

Limited partners are investors who provide capital into the fund with their intent to generate returns over time. They benefit from professional asset management by having access to experts within their chosen sector of investment as well as diversifying their risk across various portfolios and strategies.

The funds managed through this type of partnership can be invested in many different types of assets, such as stocks, bonds, commodities, real estate, private equity and venture capital. Depending on the particular fund and asset manager mandates, investments may also include alternative strategies such as derivatives or hedge funds.

Multi-manager funds are subject to comprehensive due diligence routines conducted by both the general partner and the limited partner. This process involves selecting suitable asset managers with demonstrably successful track records and extensive industry experience in order to ensure reliable performance in managing your money

A general partner (GP) is responsible for overseeing all operations within a particular fund’s structure including its day-to-day activities; they are also responsible for selecting qualified asset managers to handle investments. The GP stands between the limited partner (LP) and any other outside entities providing services or guidance related to legal matters or liability issues.

Decisions regarding what assets will be purchased or sold within a multi-manager fund are made by each individual asset manager(s). These decisions must adhere to guidelines set forth by both the LP and GP.

Changes can be made within your portfolio depending on individual circumstances but typically require approval from all involved parties like general & limited partners before any changes can occur.

Yes, certain restrictions may apply depending on which jurisdiction you are investing in. Generally speaking these include things such as age limits or accredited investor regulations that determine who can or cannot participate in certain types of investments.

Capital allocation among multiple managers varies greatly depending on the focus and objectives of each particular fund’s strategy. In some cases its allocated equally among all participating managers while other cases more weighting might be given towards higher performing strategies or regions/countries with greater potential return prospects.

Yes, it depends largely upon where you are investing from and any taxes applicable at those locations should always be considered before deciding whether an investment into a multi-manager vehicle is appropriate for you.