Vertex One Asset Management announces the launch of the Vertex Arbitrage Fund
A low volatility, market-neutral fund that is suitable as an equity alternative to fixed income products with less interest rate risk.
VANCOUVER, Nov. 22, 2013 /CNW/ - Vertex One Asset Management Inc. proudly announces the launch of a new fund called the Vertex Arbitrage Fund. The Vertex Arbitrage Fund is suitable for individual investors and institutions seeking absolute returns with low monthly volatility.
A new type of product to the Canadian investment fund landscape, it provides an equity alternative to fixed income products with less interest rate risk. Focused on absolute returns, the fund provides lower risk than outright exposure to the equity markets by investing primarily in merger arbitrage. Merger arbitrage involves capturing a profit from the discount between the market price and the "deal" price for a target company in an announced, legally-binding merger situation. Arbitrage returns historically increase as interest rates rise reducing the interest rate risk of the fund. Additionally, with the majority of the return in the form of capital gains the fund will be a tax efficient investment vehicle.
The Vertex Arbitrage Fund joins Vertex One's suite of funds: the Vertex Fund, Vertex Managed Value Portfolio, Vertex Enhanced Income Fund, Vertex Value Fund and Vertex Growth Fund.
About Vertex One Asset Management
Founded in 1997, Vertex One Asset Management Inc. is one of Canada's leading independent asset managers with over $1.7 Billion in AUM and a proven track record of outperformance for over 15 years in the alternative and mutual fund marketplace. Vertex One offers alternative, equity and income funds to retail, institutional and high-net worth investors.
For more information visit www.vertexone.com, sign up to receive our newsletters and follow @Vertex_One on Twitter.
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SOURCE: Vertex One Asset Management Inc.
Vertex One Asset Management Inc.
1920-1177 West Hastings St.
Vancouver, BC V6E 2K3 Canada
866-681-5787
[email protected]
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