Thursday, 28 May 2015
Last updated 3 hours ago
Jul 10 2014 | 12:46pm ET
Atlanta-based TLC Capital Group is readying an option-hedged market neutral fund for launch this summer.
The Salvus Hedged Yield Fund will employ a proprietary strategy developed by CIO William J. Taylor, a 30+ year veteran of the Chicago financial markets and original member of the CBOE. The strategy, currently being run within an institutional separately managed account, targets large- and mid-caps with historically increasing dividends and other specific criteria, and utilizes options combinations to mitigate downside, while employing defined leverage to achieve alpha, with liquidity and low volatility.
Taylor, in a statement, said 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...We feel the fund will appeal to both institutional and individual investors alike, and should be a core holding for both."
The fund will carry a $250,000 minimum subscription per investor.
TLC Capital Group is a partner with MVS Capital Management and is also merging operations with registered investment advisor Salvus Financial.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…