Investment Objective
The Tycho Zazove Convertible Arbitrage Fund seeks to deliver cash +4–5% with bond-like volatility. To achieve this objective the sub-investment manager, Zazove Associates, employs a dynamic approach to Convertible Arbitrage with three core return drivers: Carry, Volatility Capture/Gamma Trading, and Tactical Opportunities, complemented by a structural tail hedge and dynamic credit overlay.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.0 | 0.9 | 0.7 | 1.0 | 0.0 | 0.1 | 0.0 | 0.5 | 0.9 | 0.7 | 0.7 | 0.7 | 0.3 | |
| 2024 | 0.5 | 0.2 | 0.6 | 0.0 | 0.0 | 0.1 | 0.4 | 0.5 | 0.9 | 0.4 | 0.7 | 0.7 | 0.1 |
