The fund invests in a diversified set of strategies at a bottom-up level, including convertible arb, event driven, price pressure, risk transfer and equity market neutral, combined with a top-down protection strategy, with the aim to provide a positive (absolute) return, regardless of market conditions, over any 12 month period. A positive return is not guaranteed over this or any other time period, and particularly over the shorter term the Fund may experience periods of negative returns. Consequently your capital is at risk. Please refer to the Fund fact sheet and Prospectus for detailed information.
Performance target: To outperform the Euro Main Refinancing Rate by 7% per annum, before the deduction of charges, over any 3 year period.
Euro Base Rate (Euro Main Refinancing Rate)