Atlanta-based TLC Capital Group is preparing the launch of a new option-hedged market neutral fund, the Salvus Hedged Yield Fund, which will employ the firm’s proprietary hedged yield strategy.
The strategy was developed by chief investment officer William J Taylor, a 30+ year veteran of the Chicago financial markets and original member of the CBOE.
The strategy employs the use of large- and mid-caps with historically increasing dividends and within tightly selected criterion, and utilises options combinations to mitigate downside, while employing defined leverage to achieve alpha, with liquidity and low volatility.
“The fund is designed for the preservation of capital and will offer investors the advantage of a defined market risk and a target high single digit ROR,” says Taylor. “By investing exclusively in large- and mid-cap listed equities and hedging with corresponding listed options, the fund will offer unparalleled liquidity and transparency. We feel the fund will appeal to both institutional and individual investors alike, and should be a core holding for both.”
The Salvus Hedged Yield Fund will launch later this summer with a USD250,000 minimum subscription per investor.
