Investment Objective
The investment objective of the fund is to deliver attractive risk-adjusted returns with low volatility and low correlation to equity markets. The fund’s investment strategy concentrates on identifying and exploiting arbitrage opportunities across a range of asset classes. The fund’s portfolio will be constructed using four underlying arbitrage strategies focused on the convertible bond, equity, credit and volatility markets. Generally, each of these strategies individually exhibits low correlation to equity markets, which should enable the fund to generate a stable return stream through diversification.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.9 | 0.8 | 0.1 | 0.3 | 0.1 | 0.7 | 0.4 | 0.2 | 1.0 | 0.3 | 0.1 | 0.3 | 1.0 | |
| 2019 | 0.2 | 0.1 | 0.6 | 0.8 | 0.4 | 0.7 | 0.7 | 0.2 | 0.7 | 0.2 | 0.0 | 0.2 | 0.1 |
