The Fund seeks to provide transparency to the institutional credit market.
The Fund invests in:
- Direct Corporate Credit: Provides income, low volatility compared to traded markets and potential capital preservation
- Institutional Credit Funds: Provides income, low correlation, and institutional access
- Traded Business Development Companies: Provides diversification and liquidity
- Structured Credit: Provides income, low correlation, and diversification
The Fund's Target Composition Range
Low volatility and low correlation as compared to the broader equity markets.
Traded BDCs are traded on the market and liquid compared to non-traded BDCs
Direct Corporate Credit – secured loans and bonds
Institutional Credit Funds – access to a diversified portfolio of high-yielding securities
Business Development Corporations – publicly traded firms that lend directly to small and medium U.S. businesses
Structured Credit – securities backed by a pool of private loans