Lumyna - PSAM Global Event UCITS Fund EUR A (acc)
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General Objective
The fund aims to provide shareholders with a positive return in all market conditions by exploiting pricing inefficiencies in the shares and bonds of companies involved in corporate actions or events. The fund is actively managed and not managed in reference to a benchmark.
Fund Exposure
To achieve its objective, the fund invests in securities of companies globally that are believed to be mispriced due to corporate events such as mergers, credit, and special situation activities. The fund has flexibility to invest in a wide range of instruments including shares, bonds, convertible or preferred stock, ETFs, and derivatives such as FX Forwards, swaps, and options.
Risks
The fund is exposed to risks such as event-driven risk, counterparty risk, distressed securities risk, leverage risk, and liquidity risk. Additionally, the fund faces credit risk, derivatives risk, and equity risk. These risks may lead to financial losses and increased volatility in the fund's performance.