The objective of the PvB Asset-Backed Securities Fund is to achieve attractive risk-adjusted returns with low volatility and low correlation to fi xed income markets.
The fund invests in a broadly diversified pool of asset-backed securities and
follows an absolute return strategy. Asset-Backed Securities Fund is an alternative to traditional high yield bond investments. Each security in the portfolio participates in a broadly diversified pool of securitized loans. Before each investment, a thorough due diligence of the underlying assets, the default risks and concentration of counterparties is conducted by the investment advisor. Totally, the fund participates in over 500 different loans. AUM is not provided.