The Hillcore Group, a Canadian investment and advisory firm, announced July 25 that it has become a shareholder and partner in AlphaDelta Management Corp., owner of the AlphaDelta Family of Funds.

The companies say the agreement forms a strategic partnership between Hillcore and AlphaDelta which will involve the development and expansion of a suite of financial products, including: Actually Active Mutual Funds, Smart Active ETF's and Active Affluent Investor Solutions.

A track record of adding value

"Hillcore is delighted to finalize this partnership with AlphaDelta Funds," said Jean-Marc Bougie, Hillcore CEO. "Hillcore has a track record of adding value to companies in many sectors, including capital markets and the investment industry, so we are excited to have an experienced distributor of investment funds as part of our network."

AlphaDelta oversees three funds all of which have outperformed their asset class, said Victor Therrien, AlphaDelta CEO. "Our partnership with Hillcore will build on that success by developing a greater range of investment products serving all needs and levels of Investors."