with Eric Hage, Portfolio Manager
Absolute Convertible Arbitrage Fund
Dakota CIO Chris O’Grady speaks with Eric Hage, Portfolio Manager of the Absolute Convertible Arbitrage Fund
Reflecting On Q1 2020:
6 minute mark
9 and 21:15 minute marks
Total Return Credit Strategy:
15:30 minute mark
Low Interest Rate Sensitivity:
25 minute mark
Convertible Bond Market Is Healthy:
29 minute mark
Best Fund, Alternative Equity Market Neutral Funds, over 3 Years
REFINITIV LIPPER FUND AWARDS:
Ranked #1 of 19 funds for the 3-year award period in the Alternative Equity Market Neutral Funds Classification for the United States, 2021 (as of March 11, 2021)
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Refinitiv Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Refinitiv Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see www.lipperfundawards.com. Although Refinitiv makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv. © 2021 Refinitiv. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited).
Best Convertible Arbitrage Fund, 2018 Hedgeweek USA
HEDGEWEEK USA AWARD:
Nominated by institutional and high net worth investors as well as managers and other industry professionals at fund administrators, prime brokers, custodians and advisers – as ‘best in class’ in a series of categories. The firms with the most votes are subject to a final review by Hedgeweek’s Senior Editorial team.
* The Fund has not received this award since 2018
Fund Risks & Disclosure
Past performance does not guarantee future results. The Fund’s net asset value and investment return will fluctuate based upon changes in the value of its portfolio securities. There is no assurance that the Fund will achieve its investment objective, and an investment in the Fund is not by itself a complete or balanced investment program. For a complete description of the Fund’s principal investment risks please refer to the prospectus.
Asset allocation decisions may not always be correct and may adversely affect Fund performance. The value of a convertible security is influenced by changes in interest rates, with investment value declining as interest rates increase and increasing as interest rates decline. The credit standing of the issuer and other factors also may have an effect on a convertible security’s investment value. Debt securities have interest rate, inflation and credit risks and are subject to prepayment and default risk. High yield and junk securities involve greater risk and tend to be more sensitive to economic conditions and credit risk. Short sales may be considered speculative and it may be difficult to purchase securities to meet delivery obligations. The Fund may leverage transactions which include selling securities short as well as borrowing for other than temporary or emergency purposes. Leverage creates the risk of magnified capital losses. Diversification does not prevent loss or enhance returns. Foreign investments present additional risk due to currency fluctuations, economic and political factors, government regulations, differences in accounting standards and other factors. Investments in emerging markets involve even greater risks. Small, mid and large cap stocks are subject to substantial risks such as market, business, size volatility, management experience, product diversification, financial resource, competitive strength, liquidity, and potential to fall out of favor that may cause their prices to fluctuate over time, sometimes rapidly and unpredictably. The Fund is actively managed and may experience high turnover. This may cause higher fees, expenses and taxes, which could detract from Fund performance. The Fund is new and has a limited history of operations.
These views are subject to change at any time based on market and other conditions, and Absolute Investment Advisers disclaims any responsibility to update such views. No forecasts can be guaranteed. These views may not be relied upon as investment advice or as an indication of trading intent on behalf of any Absolute Investment Advised investment product.
Alpha is the excess return on an investment after adjusting for market-related volatility. It is often considered to represent the value that a portfolio manager adds to or subtracts from a fund’s return.
For Financial Professional Use Only-Not For Retail Use
There can be no guarantee that any strategy (risk management or otherwise) will be successful. All investing involves risk, including potential loss of principal