Investment Objective
The investment objective of the Fund is to generate returns. The Fund seeks to achieve this objective through selective investment in a global portfolio of catastrophe bonds (“CAT Bonds”). CAT Bonds are debt securities that transfer the risk of catastrophic events from insurance companies, reinsurance companies, corporations, governments, etc. to the capital markets.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.4 | 0.9 | 0.6 | 0.8 | 0.0 | 0.8 | 0.9 | 0.8 | 0.7 | 0.3 | 0.5 | 0.7 | 1.0 | |
| 2023 | 0.6 | 0.3 | 1.0 | 0.9 | 0.2 | 0.0 | 0.4 | 0.3 | 0.4 | 0.0 | 0.8 | 0.2 | 0.2 |
