The current market volatility in the non-agency RMBS market and in other areas of structured credit has created a timely opportunity for investors to invest new capital. The Axonic investment team is led by founder, managing partner and CIO Clayton DeGiacinto, along with partners and co-heads of credit Jamshed Engineer and Matthew Weinstein. In addition, the firm has partnered with Skypoint Capital Partners and Foreside Distributors LLC, as the fund’s third party wholesale marketing agent.
“While we share caution and concern in this unprecedented global health and financial crisis, we also recognize the emerging opportunity for investors given the current market conditions. Our focus is on harnessing these opportunities for our clients to create enhanced long-term risk-adjusted returns within the scope of our disciplined investment approach and risk framework,” says DeGiacinto. “The current market volatility has created opportunities not seen in some time for investors in structured credit. Our specialization across all areas of this asset class makes our value proposition unique to the retail market.”
The fund seeks to maximize total return, through a combination of current income and capital appreciation by investing in structured credit securities that, according to its prospectus, that may include mortgage-backed securities (MBS), residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS) and collateralized debt, loan and mortgage obligations. The fund additionally plans to invest in REITs and other income-producing investments, including corporate and bank-issued bonds.
An investor should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. To obtain a prospectus containing this and other information, please call (212) 259-0430 or download the file from www.AxonicFunds.com. Please read the prospectus carefully before you invest. Investing involves risks, including loss of principal. The fund is newly organized with limited operational history. For more information about the funds’ risks, please refer to the prospectuses which can be found at www.AxonicFunds.com.
ALPS Distributors, Inc. is the distributor of the Axonic Strategic Income Fund (ALPS Distributors, Inc. 1290 Broadway, Suite 1000, Denver, CO 80203). Axonic Capital LLC and ALPS are not affiliated.
Founded in 2010, Axonic Capital also offers commercial and residential real estate strategies, systematic fixed income and commercial lending strategies along with its structure credit expertise. As of March 1, 2020, the firm and its 47 employees managed $3.1B in AUM.