Investment Objective
Alma MidOcean Absolute Return Credit is an open-ended UCITS compliant fund that employs an absolute return long/short approach to investing in liquid performing high-yield bonds. To achieve this, the strategy is designed to capitalise on structural and technical inefficiencies in liquid credit markets, especially on the short-end of the credit curve.
The investment objective is to generate stable, absolute returns from a well-diversified portfolio of long and short corporate credit investments. The investment manager seeks to identify long and short credit-driven instruments of corporate issuers, and applies relative value asset selection and fundamental credit analysis principles when evaluating investments.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.6 | 0.1 | 0.8 | 0.2 | 0.1 | 0.2 | 0.8 | 0.2 | 0.2 | 0.5 | 0.4 | 0.4 | 0.0 | |
| 2023 | 0.3 | 0.0 | 0.6 | 0.3 | 0.1 | 0.7 | 0.1 | 0.6 | 0.7 | 0.3 | 0.6 | 0.6 | 0.7 |
