Andrey Omelchak

CFA, CIM, FRM, M.Sc.

President, CEO & Chief Investment Officer

Andrey Omelchak is the President, Chief Executive Officer, and Chief Investment Officer of LionGuard Capital Management, which he founded in 2014. As President & CEO, Andrey sets the company's strategic direction, makes key hiring decisions, and ensures that the highest ethical and professional standards are upheld throughout its operations. He also manages relationships with the firm's sophisticated client base, which includes institutional investors, family offices, fund-of-funds, investment advisers, and high-net-worth individuals.

As CIO, Andrey oversees the investment strategies of the funds managed by the firm. He is responsible for asset allocation, stock selection, and implementing a rigorous risk management process. He ensures that all investment personnel adhere to LionGuard’s investment philosophy and contributes to strengthening the firm's leading fundamental research capabilities.

Before founding LionGuard, Andrey was a Portfolio Manager at Montrusco Bolton Investments, where he managed over $1.3 billion in assets. He also developed new fund offerings that were successfully marketed to the firm's institutional clientele.

Prior to his career in money management, Andrey worked in sell-side research at Dundee Securities, where he gained valuable insights that, he believes, made him a much better investor. Before Dundee, he held roles in risk management, research, trading, and operations at Bellator Fund Management. Starting his career as a risk manager, Andrey believes this experience gives him a unique perspective on downside protection and capital preservation, setting him apart from most other investors.

Andrey graduated with distinction from Concordia University in Montreal, where he earned both his Bachelor of Commerce and Master of Science degrees. His graduate thesis was published in The Journal of Portfolio Management and The Journal of Derivatives & Hedge Funds, and he presented it at several academic conferences.

In addition to holding the CFA designation from the CFA Institute, Andrey is also a certified Financial Risk Manager (FRM) through the Global Association of Risk Professionals and a Chartered Investment Manager (CIM) through the Canadian Securities Institute.

Beyond his professional achievements, Andrey is deeply committed to making a difference in the community. He actively contributes to charitable causes focused on children's health, children's education, and medical research, believing in the importance of giving back and supporting future generations.

Andrey is also a frequent guest and commentator on Bloomberg BNN (including Market Call), AIMA and CAASA panels, and regularly contributes to Reuters, the Financial Post, and other media outlets.


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Legal Disclaimer

Accredited Investor Status Questionnaire

Units of the Funds are offered to qualified investors resident in the provinces and territories of Canada (the “Offering Jurisdictions”) pursuant to applicable exemptions from the prospectus requirements of the securities laws in the Offering Jurisdictions. Qualified investors must rely on one of the following exemptions available to purchase units of the Funds:

1. ACCREDITED INVESTOR EXEMPTION:
The Funds will accept subscriptions from investors who qualify as an “accredited investor” under the meaning of National Instrument 45-106 Prospectus  Exemption ("NI 45-106") or, for Ontario residents, Section 73.3 of the Securities Act (Ontario). Some of the most common ways to qualify as an accredited investor are:

(d) a person registered under the securities legislation of a jurisdiction of Canada as an adviser or dealer;

(e) an individual registered or formerly registered under the securities legislation of a jurisdiction of Canada as a representative of a person referred to in paragraph (d);

(j) an individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that before taxes, but net of any related liabilities, exceeds $1,000,000;

(k) an individual whose net income before taxes exceeded $200,000 in each of the 2 most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the 2 most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year;

(Note: If individual accredited investors wish to purchase through wholly-owned holding companies or similar entities, such purchasing entities must qualify under section (t) below, which must be initialed.)

(l) an individual who, either alone or with a spouse, has net assets of at least $5,000,000;

(m) a person, other than an individual or investment fund, that has net assets of at least $5,000,000 as shown on its most recently prepared financial statements;

(n) an investment fund that distributes or has distributed its securities only to:

(i) a person that is or was an accredited investor at the time of the distribution,

(ii) a person that acquires or acquired securities in the circumstances referred to in sections 2.10 [Minimum amount investment] or 2.19 [Additional investment in investment funds] of NI 45- 106, or

(iii) a person described in paragraph (i) or (ii) that acquires or acquired securities under section 2.18 [Investment fund reinvestment] of NI 45-106;

(o) an investment fund that distributes or has distributed securities under a prospectus in a jurisdiction of Canada for which the regulator or, in Québec, the securities regulatory authority, has issued a receipt;

(p) a trust company or trust corporation registered or authorized to carry on business under the Trust and Loan Companies Act (Canada) or under comparable legislation in a jurisdiction of Canada or a foreign jurisdiction, acting on behalf of a fully managed account managed by the trust company or trust corporation, as the case may be;

(q) a person acting on behalf of a fully managed account managed by that person, if that person is registered or authorized to carry on business as an adviser or the equivalent under the securities legislation of a jurisdiction of Canada or a foreign jurisdiction;

(r) a registered charity under the Income Tax Act (Canada) that, in regard to the trade, has obtained advice from an eligibility adviser or an adviser registered under the securities legislation of the jurisdiction of the registered charity to give advice on the securities being traded;

(s) an entity organized in a foreign jurisdiction that is analogous to any of the entities referred to in paragraphs (a) to (d) or paragraph (i) in form and function;

(t) a person in respect of which all of the owners of interests, direct, indirect or beneficial, except the voting securities required by law to be owned by directors, are persons that are accredited investors;

(u) an investment fund that is advised by a person registered as an adviser or a person that is exempt from registration as an adviser, or;

(v) a person that is recognized or designated by the securities regulatory authority or, except in Ontario and Québec, the regulator as an accredited investor.