The Fund applies a multi-strategy approach to investing and seeks to achieve risk-adjusted absolute returns by exploiting relative value volatility, event driven and credit opportunities. The Fund may allocate to multiple sub-strategies including: volatility arbitrage, capital structure arbitrage, event-driven opportunities and fundamental credit investing. Advent is agnostic to any single sub-strategy and is committed to the most optimal implementation of its views seeking to generate uncorrelated returns by investing in credit and volatility markets with an event-driven bias.
The investment team employs bottom up fundamental research combined with quantitative analysis to construct a portfolio with attractive risk/reward characteristics. Advent’s applies a dynamic approach to monetizing mispriced idiosyncratic volatility while capitalizing on market dislocations using straight bonds, convertibles, CDS, equities, and equity options to exploit relative value opportunities. The Fund also invests in catalyst-driven opportunities created by significant idiosyncratic events such as spin-offs, mergers and acquisitions, industry consolidations, liquidations, reorganisations, bankruptcies, recapitalisations and share buybacks and other extraordinary corporate restructurings. Advent seeks to capture the price difference between current market price of the security in which the Fund is investing and the anticipated price that is expected to come from the successful completion of an event. The investment team will also invest in convertible securities it believes have favourable credit and/or equity fundamentals as well as significant positive asymmetry. These investments are positioned to have “structural alpha”, i.e. the convertible security has a built-in ability to outperform comparable non-convertible bond/debt instrument or preferred shares that are issued by the same company.
A disciplined relative value approach to volatility and credit investing with an event driven bias.
Exploiting mispriced idiosyncratic volatility while capitalizing on market dislocations.
Rigorous fundamental research coupled with a robust trading platform to capture compelling asymmetric opportunities.
Seeks to generate uncorrelated returns with a globally diversified portfolio investing in volatility and credit markets.
MontLake Asset Management Ltd, 23 St. Stephen's Green, Dublin 2, D02 AR55, Ireland is licensed to provide Investment Management services to Professional Clients (including Collective Investment Schemes) by the Central Bank of Ireland.
MontLake UCITS Platform ICAV is an umbrella open-ended Irish collective asset-management vehicle with segregated liability between Funds formed in Ireland under the Irish Collective Asset-management Vehicles Act 2015 and authorised by the Central Bank as a UCITS pursuant to the UCITS Regulations.
The Manager of MontLake UCITS Platform ICAV is MontLake Management Ltd, a company regulated by the Central Bank of Ireland.
This website is directed mainly for professional and institutional clients who possess the necessary experience, knowledge and expertise to make their own investment decisions and properly assess the risk that it incurs.
Information on this website was obtained from various sources and the company does not guarantee its accuracy. The information is for your private use and discussion purposes only and expressed views and opinions may change.
The Performance figures quoted refer to the past and past performance is not a guarantee of future performance or a reliable guide to future performance. The value of your investment and their income may go down as well as up.
Your investment may also be subject to currency, interest rate, as well as market fluctuations. Consequently the Investor may not get back a sum equal to that he / she originally invested.
Investors should note that an investment in those Sub-Funds which may invest in emerging markets should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Sub-Funds may invest in Over the Counter as well as Exchange Traded derivative instruments to enhance return or hedge against fluctuations in security prices or market rates as well as to short sell a security through the use of a derivative instrument. Transactions in derivative instruments involve a risk of loss or depreciation of capital due to adverse changes in security prices, exchange rates or interest rates or in the case of OTC instruments default of Counterparty. This investment may not be suitable for all types of investors. It is therefore recommended that you consult your investment advisor.
A commission or sales fee may be charged at the time of the initial purchase for an investment and may be deducted from the invested amount therefore lowering the size of your investment. The Investment Manager will be entitled to receive a performance fee as well as a management fee, calculated on a daily basis and paid quarterly by the sub-funds.
The Levels and bases of taxation are dependent on individual circumstances and subject to change and therefore it is highly recommended that you consult a professional tax advisor.