Investment Objective
The MontLake Abrax Merger Arbitrage UCITS Fund is a global merger arbitrage and hard catalyst only focused investment fund managed by a highly experienced team. Through in-depth research, judicious selection of deals, active trading and disciplined risk management, the Fund is focused on late-stage M&A situations with firm merger agreements in place. The Fund only invests in developed markets, with strong regulatory frameworks. Through selection of the best risk/reward merger arbitrage deals and not taking exposure to special situations or pre-event deals, the MontLake Abrax Merger Arbitrage UCITS Fund has a targeted annual net return of 6 to 8%, with a strong focus on capital preservation with low correlation to the wider equity markets.
Reference Index
HFRF Merger Arbitrage Index
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.4 | 0.9 | 0.3 | 0.5 | 0.3 | 0.6 | 0.9 | 0.2 | 0.5 | 0.4 | 0.9 | 0.7 | 0.8 | |
| 2021 | 0.2 | 0.5 | 0.5 | 0.4 | 0.5 | 0.2 | 0.2 | 0.2 | 0.7 | 0.8 | 1.0 | 0.9 | 0.1 |
