The Investment Manager shall invest primarily in a diversified portfolio of listed transferable securities including equities and debt securities, listed money market instruments, FDIs and eligible ETFs. The Investment Manager may invest in these asset classes either directly or indirectly through UCITS Funds and/or eligible non-UCITS Funds.
The Sub-Fund may invest in corporate and/or sovereign bonds of any credit rating. The Sub-Fund may also invest a small portion of its assets in non-rated bonds. The bond portfolio of the Sub-Fund is expected to have an average duration of one (1) to seven (7) years.
The Investment Objective of the Fund is to generate absolute returns.
The Fund shall invest primarily in a diversified portfolio of listed equities whether directly or indirectly through UCITS Funds. The investment process will be based on a combination of quantitative analysis, technical analysis and fundamental analysis. The Fund may invest in listed equities of medium to large capitalisation companies (i.e. having a market capitalisation over USD 1 billion). The Fund may also limitedly invest in listed equities of small capitalisation companies (i.e. having a market capitalisation less than USD 1 billion).
ZEST NORTH AMERICA PAIRS RELATIV
Zest North America Pairs Relative seeks investment opportunities primarily in North American equity markets focusing on relative value strategies, specifically “pair trading” strategies. Long and short positions are opened mainly on “single stocks,” and residually equity indices may be used. The long-term objective of the fund is to obtain returns over those of the U.S. stock market (represented by the main U.S. stock index) by following a rigorous “stock picking” process.