Alma Platinum MidOcean Absolute Return Credit

Investment Objective

DB Platinum MidOcean Absolute Return Credit is an open-ended UCITS compliant fund that seeks capital appreciation by generating stable, absolute returns. with a relatively high Sharpe ratio and low drawdowns over the long term. To achieve this objective, the Strategy employs a long/short corporate credit approach focusing on US companies: the Fund primarily invests in liquid short-dated corporate bonds, with a core focus on callable securities and credit default swaps, the combination of relative value positions with outright long or short credit holdings will typically produce a low duration and diversified portfolio. The Strategy utilises fundamental analysis to seek alpha opportunities primarily in short duration callable bonds, particularly in the 'crossover seam' between high yield and investment grade. Portfolio construction is performed with strict constraints on sector and industry exposure and the portfolio seeks to be as close to credit risk and market risk neutrality as possible.