170
The second option for investors is the UIT Alternative Health Fund. “RAM420”. This fund is actively managed, so there is a specific mandate behind it. The fund seeks to take advantage of opportunities in the alternative health care space, which is broader than marijuana but does include it. The Fund will invest in a modified capitalization weighted portfolio of 15 to 25 companies that are listed on the North American exchanges and have a business strategy focused on new and alternative health and wellness related themes. RAM420 is designed for an investor who views an investment in the cannabis sector as a timely investment, and who has a relatively short investment horizon of 18 to 24 months. This is largely because the Portfolio advisor may choose to re-organize the fund or transfer the assets of the fund to another one with a different mandate.