|
|
 |
| |
|
Home > Financial Services > Mutual Funds > Drake Funds
Drake Funds
Drake Management is an SEC registered Investment Adviser focusing on managing fixed income portfolios for considerable investors worldwide. The firm was established in May 2001 with the objective of delivering attractive risk-adjusted returns to client portfolios by integrating the highest industry standards on a smaller, more flexible policy.
Drake manages roughly 3 billion dollars in capital. Drake operates from its state of the market facility, situated at 660 Madison Avenue on New York City’s Upper East Side.
Drake mutual funds seek to deliver attractive surplus returns over their respective benchmarks and to do so with annual standard deviation of returns similar to those of their benchmarks. Importantly, the concept of total return assumes reinvestment of dividends and capital gains distributions to achieve the highest compounded return over time. Their mutual fund assignments are calculated against broad, primarily investment grade indices.
The Drake Low Duration fund seeks total return. The fund invests at least 65 percent of its assets in a diversified portfolio of fixed-income securities of short and intermediate maturities. The fund's portfolio may include bonds, notes, convertible securities, collateralized bond obligations, collateralized debt obligations, loan participation agreements, collateralized mortgage obligations, mortgage-backed securities, asset-backed securities and money-market securities. 30 percent of assets may be invested in foreign securities. The duration for this fund is roughly 1.5 years.
Drake Total Return Drake fund seeks total return. The fund invests at least 65 percent of assets in a diversified portfolio of fixed income securities of short and intermediate maturities. The duration of the fund is around 2 years. The fund may invest in bonds, notes, collateralized bond obligations, convertible securities, collateralized debt obligations, collateralized mortgage obligations, loan participation agreements, mortgage-backed securities, asset-backed securities and money-market securities. Debt securities are rated at least by Moody's Investors Service. The fund may invest up to 30 percent in foreign securities.
The product assistance of Drake include a multi sector fixed income absolute return fund, a global opportunistic hedge fund, a low unpredictability fixed income hedge fund, and traditional separate accounts adapted to meet the specific needs of institutional investors.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Mutual Funds
|
|
|
|
|
|
|