Investment Objective
The AB Event Driven Portfolio seeks to provide long-term capital appreciation from an alternative, event driven strategy. This is achieved by using a rules-based approach to systematically capture returns from event driven sub strategies. The sub strategies included in the portfolio are broadly classified into hard catalysts (e.g., merger arbitrage) and soft catalysts (e.g., corporate, investor, and liquidity events). The strategy also seeks to access these return streams more efficiently by hedging out the equity beta associated with these types of investments and offering increased liquidity.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.5 | 0.6 | 0.3 | 0.6 | 1.0 | 0.1 | 0.6 | 0.1 | 0.7 | 0.0 | 0.2 | 0.4 | 0.6 | |
| 2023 | 0.2 | 0.3 | 0.3 | 0.6 | 0.4 | 0.3 | 0.2 | 0.9 | 0.6 | 0.7 | 0.2 | 0.0 | 0.1 |
