Absolute Convertible Arbitrage Fund - Institutional Class (ARBIX)

The Absolute Convertible Arbitrage Fund (ARBIX) is a mutual fund that focuses on investing in convertible securities, which are bonds or preferred stocks that can be converted into common stock. This fund aims to generate returns by taking advantage of price discrepancies between the convertible security and its underlying stock. The Institutional Class of this fund is designed for larger investors, such as institutions and high net worth individuals, and may have lower fees and higher minimum investment requirements compared to other classes of the same fund. Overall, ARBIX offers a unique investment strategy that seeks to provide consistent returns through a combination of convertible arbitrage and risk management techniques.