Fund Description

A multi-strategy fund, launched in March 2016, is the firm’s 2nd flagship fund. The Fund maintains a consistent investment approach with a focus on liquidity, low directional exposure to equity or credit markets. The Fund has three core investment strategies: credit, income-producing utility and growth-at-a-reasonable-price equity. Each underlying strategy aims to exploit inefficiencies primarily in the US markets. Since the Fund’s inception, a disciplined approach to managing the investment process and portfolio risk, combined with a policy of stable strategy biases, has ensured that the Fund has produced solid compounded returns. Those returns exhibit low volatility as well as a low beta to equity and credit markets and have provided meaningful downside protection in difficult market environments.