Loading…
Loading…
See price against where its own fundamentals say it should trade — the shaded gap is the discount or premium, across five valuation lenses.
Click below to see what's inside, then upgrade to unlock for MERFX and 80,000+ other tickers.
See exactly how MERFX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for MERFX and 80,000+ other tickers.
This fund aims to achieve capital appreciation by implementing a merger arbitrage strategy. Under standard market conditions, the fund allocates at least 80% of its total assets primarily to common and preferred stocks, and occasionally warrants, issued by companies undergoing publicly announced corporate events. These events include a range of activities such as mergers, acquisitions, tender offers, leveraged buyouts, spin-offs, liquidations, and other forms of corporate restructuring. Merger arbitrage is a highly specialized investment method designed to profit from the successful conclusion of these types of transactions.
Invest in market-neutral funds like EMAAX, MERFX and ARGAX to hedge your portfolio amid market volatility.
Due in part to factors such as persistently high inflation, rising interest rates, the war in Ukraine, and ongoing U.S./China geopolitical tensions, among other issues, overall mergers and acquisitions activity in 2022 is somewhat lethargic relative to previous years.
Simultaneous erosion in both bonds and equities this year is prompting some investors to evaluate alternative strategies. However, market participants that are new to the world of alternatives may think this segment complex and confusing.
This year, there's been considerable talk about the death of the 60/40 portfolio structure. More recently, the chatter shifted to the notion that those 60/40 obituaries may have been penned prematurely, but the stark reality is that broad-based equity and fixed income strategies are failing investors this year.
Event-driven strategies that focus on corporate actions — usually merger arbitrage — could be increasingly appealing to investors looking for alternative asset classes and rising rates protection. The Merger Fund (MERFX) is one of the potential standouts in the field of merger arbitrage funds.