MLIS Enhanced Equity Volatility Premium
|Fund Strategy||Volatility Arbitrage|
|Investment Advisor||Union Investment Institutional|
|Fund AUM (GBP)||£136m|
|Fund AUM as of||22 August 2019|
|Fund Inception||27 November 2013|
|Fund Indices||AH Volatility Arbitrage UCITS Index|
The fund’s investment objective is to achieve capital appreciation from capturing relative value between the implied and realized volatility of the EURO STOXX 50 Index, Europe's leading Blue-chip index for the Eurozone, providing a Blue-chip representation of supersector leaders in the Eurozone, whilst maintaining low volatility of returns as well as limited correlation to the equity markets. To achieve its investment objective, the Fund will implement the Enhanced Volatility Premium Strategy, a proprietary, systematic and quantitative strategy developed by Merrill Lynch International.