Covington Fund II

Covington's most conservative retail fund offering, Covington Fund II employs a diversified investment approach that focuses predominantly on later-stage opportunities within the traditional industries, technology, and life sciences sectors. Our portfolio holdings consist of innovative, high-growth enterprises that are providing novel solutions and products that are changing their respective industries. 

Structured toward investors looking to diversify their investment portfolio through alternative investment products, Fund II provides long-term capital growth return potential through investments in small-to-medium sized private enterprises. The Fund is suitable for growth-oriented investors with a medium to higher tolerance for volatility and longer-term investment horizons.

Dec. 22, 2014

This view is getting the list of Series for this fund.

CIG 912
CIG 961
SeriesFund CodeValue
Series I CIG 912 $8.73
Series II CIG 961 $8.34
Fund Code December 12, 2014December 5, 2014November 28, 2014November 14, 2014
CIG 912$8.66$8.72$8.68$8.78
CIG 961$8.27$8.33$8.30$8.39

Key Holdings:

CounterPath Provides Update on Normal Course Issuer Bid Purchases...
CounterPath Announces Contract and Strategic Channel Agreement...
Aimetis Strengthens Position in the Middle East and Surrounding...
Embotics Awarded Major Patents for Cloud Management, Security and...
BTI Systems’ Momentum Fuels Expansion in Europe: OTTAWA, ON...
AppZero Launches Partner Promotion to Jumpstart Migration to...
BTI Systems Chosen to Enable the New Interxion Cloud Connect...
BTI Systems Increases Scale and Performance for IPC's...
WireIE Survives and Thrives Through 2013-14 Winter: TORONTO,...
AppZero to Launch New Application Modernization Tool to Mitigate...

Fund II: VenGrowth/NGBE Acquisition

On September 2nd, 2011 Covington Fund II (“Fund II”) acquired the assets of the New Generation Biotech (Equity) Fund (“NGBE”) and the five retail VenGrowth Investment Funds.

The acquisition created one of the largest and most diversified retail venture capital funds in Canada.

The resulting acquisition saw former NGBE and VenGrowth investors become shareholders of Covington Fund II and receive Fund II shares in exchange for their existing fund shares.

With a portfolio of approximately 45 venture investments operating in Canada’s technology, traditional industries, and life sciences sector, the Fund is well positioned to capitalize on opportunities within each of these sectors on both a near and long-term horizon.

For additional Advisor specific information the acquisitions or any of Covington’s retail fund offerings, please access the Advisor-only portion of our website through your user name and password. Should you require a username and password, please contact your Covington representative at 1-866-244-4714 or e-mail us at

For access to the CI Client Services portal, please log-in to the following site CI Advisor Web using the username and password combination they provided to you. Should you not currently have access to the portal, please phone Covington Client Services (CI) at 1-888-746-4751.

Download the Redemption Schedule.pdf


In accordance with Provincial and federal legislation, labour sponsored funds are required to have a Sponsor. Covington is proud to have the Canadian Police Association (CPA) and the Association of Canadian Financial Officers (ACFO-ACAF) as our Co-Sponsors.

Canadian Police Association

Canadian Police Assocation logoCovington is proud of our long-standing relationship with the CPA who has sponsored the above Funds since their inception.  The CPA is the national voice for 41,000 police personnel across Canada. Membership includes police personnel serving in 200 police services across Canada, from Canada's smallest towns and villages as well as those working in Canada’s largest municipal and provincial police services, and members of the RCMP, railway police, and first nations police personnel.


Association of Canadian Financial Officers

The ACFO-ACAF is the national voice for Financial Officers across Canada. ACFO-ACAF works toward creating a competitive environment that will attract the best and brightest to want to work for the employer.