The Celernus Credit Opportunities Fund (CCOF) is a fixed income fund that is principally focused on investing in the corporate and high yield credit market. The Fund's investment objective is to generate positive returns with an emphasis on capital preservation.
The fund will invest both long and short in public and privately issued bonds, debentures, convertible debentures, and other debt vehicles. The fund may from time to time invest in other securities such as money market instruments, equities, or derivatives. Fund returns are expected to exhibit some leverage to both prevailing bond yields as well as the dynamics of credit spreads. Certain event-driven strategies, including pending maturities and arbitrage situations associated with corporate actions will be undertaken to augment returns and reduce fund correlations vis-à-vis fixed income and equity indices.Fund Files