Investment Objective
The Amundi Sand Grove Event Driven Fund will have a global exposure with an edge in Europe, and will consist of two sub-strategies: merger arbitrage & equity special situations with an average allocation split of 75%/25% respectively. The Fund seeks to capitalize on mispricings in corporate events such as takeovers, mergers, exchange offers, restructurings and liquidations. ·Seek less-followed, more complex situations, across the market cap spectrum.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.9 | 0.9 | 0.8 | 0.8 | 0.9 | 0.5 | 0.1 | 0.9 | 0.7 | 0.2 | 0.9 | 0.3 | 0.9 | |
| 2021 | 0.8 | 0.0 | 0.3 | 0.3 | 0.1 | 0.7 | 0.4 | 0.6 | 0.6 | 0.4 | 0.0 | 0.5 | 1.0 |
