Investment Objective
Laffitte Risk Arbitrage Ucits is an absolute performance fund dedicated to Merger Arbitrage on announced deals in Europe and in the United States. In practice, the position is to buy or sell the stocks which are the targets of a takeover deal (in cash, stocks or mixed cash and stocks) at a price below the implied value of the offer (merger spread).
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2022 | 0.2 | 0.0 | 0.2 | 0.3 | 0.4 | 0.1 | 0.5 | 0.3 | 0.3 | 1.0 | 0.4 | 0.8 | 0.2 | |
2021 | 0.2 | 0.0 | 0.3 | 0.3 | 0.6 | 0.5 | 0.3 | 0.4 | 0.9 | 1.0 | 0.9 | 0.3 | 1.0 |