Vertex One launches new fund
Vertex One Asset Management announces the launch of the Vertex Arbitrage Fund
A low volatility, market-neutral fund that is suitable as an equity alternative to fixed income products with less interest rate risk.
VANCOUVER, Nov. 22, 2013 /CNW/ – Vertex One Asset Management Inc. proudly announces the launch of a new fund called the Vertex Arbitrage Fund. The Vertex Arbitrage Fund is suitable for individual investors and institutions seeking absolute returns with low monthly volatility.
A new type of product to the Canadian investment fund landscape, it provides an equity alternative to fixed income products with less interest rate risk. Focused on absolute returns, the fund provides lower risk than outright exposure to the equity markets by investing primarily in merger arbitrage. Merger arbitrage involves capturing a profit from the discount between the market price and the “deal” price for a target company in an announced, legally-binding merger situation. Arbitrage returns historically increase as interest rates rise reducing the interest rate risk of the fund. Additionally, with the majority of the return in the form of capital gains the fund will be a tax efficient investment vehicle.
The Vertex Arbitrage Fund joins Vertex One’s suite of funds: the Vertex Fund, Vertex Managed Value Portfolio, Vertex Enhanced Income Fund, Vertex Value Fund and Vertex Growth Fund.
About Vertex One Asset Management
Founded in 1997, Vertex One Asset Management Inc. is one of Canada’s leading independent asset managers with over $1.7 Billion in AUM and a proven track record of outperformance for over 15 years in the alternative and mutual fund marketplace. Vertex One offers alternative, equity and income funds to retail, institutional and high-net worth investors.
INTEGRITY • SERVICE • PERFORMANCE • INDEPENENCE
SOURCE Vertex One Asset Management Inc.
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For further information:
- Financial Post: Vertex Fund 15-Year Return is #5 Overall
- Vertex One Feature in Canadian Business Journal
- Vertex One launches new fund
- Steadyhand Investments writes about Live From the Desk
- The Globe & Mail – Why volatility doesn’t always equal risk
- Stock Market Superstars
- Globe & Mail
- Morning Coffee
- Bloomberg – #1 Top Non-US Event Driven Fund 2006
- Bloomberg – #2 Top Non-Us Event Driven Fund 2005
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