The investment seeks to achieve capital growth. The fund normally invests at least 80% of assets in the securities of companies which are undergoing a corporate 'event' such as merger arbitrage, capital structure arbitrage, and distressed securities investments. It invests in the securities of companies of any size and uses derivatives both as a substitute for investing in the underlying securities, as well as for hedging purposes. The fund is nondiversified.
0.01 (0.08%) 