asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: AIB
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
Aurora Global Income Trust (AIB) aims to achieve absolute returns (i.e. positive returns in both rising and falling equity markets) by using a number of different global investment strategies that allows the performance of the Trust to have very little correlation to the performance of global equity market indexes. The focus on ‘absolute returns’ differs from traditional funds in that the Trust aims to produce positive returns regardless of equity market conditions. The Trust seeks to take advantage of companies that are expected to increase in value relative to the market around the announcement of their quarterly, half-yearly and yearly earnings results, while hedging their market and currency exposure.
- The Trust may use derivatives for risk management as well as to create new positions.
- It may opportunistically short sell securities that are considered to be overpriced in the anticipation of purchasing them later at lower prices for a profit and/or to reduce risk on the overall portfolio.
- Leverage may be used to enhance returns by allowing the Trust to participate in short term opportunities which provide attractive risk-return propositions.
- Accordingly, the Trust invests in opportunities that it considers to offer attractive risk return characteristics with a focus on potential catalysts that seeks to generate a profitable return regardless of the market direction.