Investment Objective
The objective of the GAMCO Merger Arbitrage Fund is to achieve long-term capital growth by investing primarily in announced equity merger and acquisition transactions while maintaining a diversified portfolio. The Fund utilises a highly specialised investment approach designed principally to profit from the successful completion of proposed mergers, takeovers, tender offers, leveraged buyouts and other types of corporate reorganisations.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.1 | 0.3 | 0.9 | 0.8 | 0.7 | 0.6 | 0.5 | 0.6 | 0.7 | 0.2 | 0.5 | 0.5 | 0.2 | |
| 2022 | 0.2 | 0.1 | 0.8 | 0.2 | 0.1 | 0.3 | 0.5 | 0.8 | 0.7 | 0.7 | 0.2 | 0.4 | 0.3 |
