Multi Asset Fund
The Abbey Capital Multi Asset Fund (the "Fund") combines an allocation to a multi-manager managed futures strategy with a managed long US equity strategy. The remaining cash is invested in a short-dated fixed income strategy.
Multi-manager Managed Futures strategy
As equities have come under pressure in 2020 due to the spread of COVID-19, investor focus has again returned to examining which assets and strategies can deliver diversification in.
Managed long US Equity strategy
Returns for gold have been stronger since the aggressive intervention from the Federal Reserve (“Fed”) on March 23rd 2020 which has produced a decline in bond yields
Fixed Income strategy
it sold off in October 2008 during the height of the market stress, as investors liquidated assets to raise cash. Returns for gold have been stronger since.
Futures strategies have exhibited a different return profile. Short-term traders generated positive performance in JanuaryLearn More
One of the features of managed futures is that managers have the ability to size positions in relation.Learn More
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Non-Predecessor Fund performance would have been lower without fee waivers in effect. The Total Expense Ratio for Class I is 2.45%. The Net Expense Ratio for Class I is 1.79%. The Adviser has contractually agreed to waive and/or reimburse certain fees and expenses until 31 December 2021. In addition, the Adviser may recoup certain amounts for the first three years if it does not cause the fund to exceed expense limitations. The Fund commenced operations as a series of The RBB Fund, Inc. on 11 April 2018, when all of the assets of Abbey Global LP (the “Predecessor Fund”) transferred to Class I Shares of the Fund. The Fund’s objectives, policies, guidelines and restrictions are in all material respects equivalent to the Predecessor Fund. The Predecessor Fund was not registered under the Investment Company Act of 1940, as amended (“1940 Act”), and thus was not subject to certain investment and operational restrictions that are imposed by the 1940 Act. If the Predecessor Fund had been registered under the 1940 Act, its performance may have been adversely affected. Accordingly, future Fund performance may be different than the Predecessor Fund’s past performance. After-tax performance returns are not included for the Predecessor Fund. Performance of the Predecessor Fund is not an indicator of future Fund results. Abbey Global LP was launched on 14 May 2002. From May 2002 until April 2014 Abbey Global LP invested approximately 100% of its assets in a passively managed portfolio participating in the U.S and international equity market and approximately 50% of its assets in a private placement fund managed by Abbey Capital. From April 2014 to April 2018, Abbey Global LP invested approximately 50% of its assets in a passively managed portfolio participating in the U.S. equity market and approximately 50% of its assets in a private placement fund managed by Abbey Capital Limited. The performance from April 2014 represents proprietary performance as the only investors for that period were Abbey Capital Limited and its officers. The Fund may invest in derivatives (futures, options, swaps) and commodities. Investing in managed futures may not be suitable for all investors given its speculative nature and the high level of risk involved. The Fund is appropriate only for investors who can understand and bear the risks associated with product. Click here for further risk considerations. Investors should consider the investment objectives, risks, charges and expenses of the Abbey Capital Multi Asset Fund carefully before investing. A prospectus with this and other information about the fund including returns current to most recent month-end may be obtained by calling (US Toll Free) 1-844-261-6484, international callers call + 1-414-203-9540, or by clicking here. The prospectus should be read carefully before investing. The Abbey Capital Multi Asset Fund is distributed by Quasar Distributors, LLC. Correlation Correlation is a statistical measure which quantifies the extent to which two assets, or securities, move in relation to each other. The correlation coefficient between two assets can vary from between -1 and +1, with a positive correlation indicating a tendency to rise and fall together, and a negative correlation indicating a tendency to move in opposite directions. Short Duration Abbey Capital defines “Short Duration ” as securities with a duration of 6 months or less.