Global Balanced Convertible Strategy

The Global Balanced Convertible Strategy mimics our Balanced Convertible Strategy, but with a global focus.  The Global Balanced Strategy seeks superior returns from “theoretically cheap” balanced global convertible securities with attractive risk/reward profiles offering 75-85% of the underlying equity upside, while limiting downside risk to approximately 50%.  Global Balanced will also invest in non-US dollar convertibles, on a currency hedged basis, to exploit opportunities globally.   International investments will typically comprise 25% - 60% of the Global Balanced Convertible portfolio.