The JC Clark Adaly Fund pursues long/short equity & fixed income strategies, investing primarily in publicly traded North American securities.
The Fund is focused on opportunistic investing with the objective of generating absolute returns in most market environments. It employs multiple strategies to achieve this objective, which broadly fall into the following categories: themes, sectors, special situations, and market-neutral positions.
Inception: January 1, 2000 (formerly the Adaly Opportunity Fund)
Liquidity: Monthly subscriptions and redemptions
Fees: 2% management fee + 20% performance allocation (with a high-water mark).
Hurdle Rate: 5% (Soft Hurdle)
Portfolio Manager: Martin Braun