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Globevest Capital Alternative Growth A2

GVC201
9.77
+0.01
+0.06%
2017-10-16
5 Years
  • Previous Close

    9.76

  • Net Assets

    3.32M

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    -

  • Category

    Miscellaneous – Income and Real Property

  • Morningstar Risk

    -

  • Morningstar Rating -
Profile

Name of Issuer

Globevest Capital

Fund Style

Open

Fund Manager

Patrick Proulx

Investment Style

-

The Fund consists solely of put option writing secured by a portfolio of short duration bonds. The strategy does not utilize leverage. It targets an average annual return of 6% to 12% on a period of 3 years or more if the stock market delivers an average annual return of -10% or better, thus greatly reducing risk versus equities, preferred shares and high yield bonds. This approach generates an optimal risk-return ratio in a volatile or stagnant market. It benefits from market volatility and provides a sector diversification in line with the S&P 500. It targets an initial minimum downside buffer of 10% against a decline of the underlying asset. The options are sold with a 5 to 18 months maturity. Bonds, which serve as collateral for this strategy, are largely government issues and have short maturities.

Purchase Information

Initial Purchase 100,000
Initial Purchase: IRA 100,000
Initial Purchase: AIP NA

Inception

2012-02-01

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