Fund Description
The Everest Absolute Return Fund III1 (Fund) was launched in September 2006. The Fund enables investors to gain exposure to a diversified portfolio of leading international absolute return funds (Investment Portfolio). The Investment Portfolio comprises a mix of managers and investment strategies including long/short equity, distressed securities, multi-strategy, managed futures, global macro and arbitrage.
The Fund’s investment objective is to generate strong, risk-adjusted, absolute investment returns over the long term and in all market conditions. The return and risk philosophy of the Investment Portfolio differs from that of many traditional fund managers. Risk is regarded as the potential loss of invested capital as opposed to the deviation from a market index. Performance is thought of in absolute return terms, rather than being assessed relative to an index.
1 Formerly Everest Babcock & Brown Absolute Return Fund III
The Fund is closed to new and existing investors.
Fund Description
The Everest Absolute Return Fund III1 (Fund) was launched in September 2006. The Fund enables investors to gain exposure to a diversified portfolio of leading international absolute return funds (Investment Portfolio). The Investment Portfolio comprises a mix of managers and investment strategies including long/short equity, distressed securities, multi-strategy, managed futures, global macro and arbitrage.
The Fund’s investment objective is to generate strong, risk-adjusted, absolute investment returns over the long term and in all market conditions. The return and risk philosophy of the Investment Portfolio differs from that of many traditional fund managers. Risk is regarded as the potential loss of invested capital as opposed to the deviation from a market index. Performance is thought of in absolute return terms, rather than being assessed relative to an index.
1 Formerly Everest Babcock & Brown Absolute Return Fund III
The Fund is closed to new and existing investors.