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Medalist Partners' Structured Credit Mutual Funds Deliver Top Decile Performance; Positioned for Expected Growth in 2024

2023-12-14 13:24:53.804000

In the vast world of finance, there are numerous investment opportunities available with various financial institutions. These opportunities range from securities offered by BofA Finance LLC, Citigroup Inc., Morgan Stanley Finance LLC, UBS AG, to the public offering of unsecured notes by FSK. Each of these investment options comes with its own set of features and risks. Investors interested in BofA Finance LLC's securities can refer to the official filing for more details. Similarly, investors interested in Citigroup Inc.'s securities can find more details in the official filing. Morgan Stanley's unsecured notes are suitable for investors concerned about principal risk but seeking an equity index-based return. UBS AG's Capped Buffer Securities offer potential gains but also come with significant risks. FSK's unsecured notes provide customized credit solutions to private middle market U.S. companies.

Apart from these investment opportunities, there are other financial activities taking place. A document titled 'Form S-6 FT 11160' has been filed with the U.S. Securities and Exchange Commission (SEC). This document mentions a Broker's Fidelity Bond, an amendment to Form S-6, and the involvement of Deloitte & Touche LLP in a prospectus included in a registration statement. It also references First Trust Portfolios L.P., The Bank of New York Mellon, and a subsidiary of Foresight Autonomous Holdings Ltd. joining the European Software République Consortium. Furthermore, the U.S. FDA has approved FoundationOne®CDx as a companion diagnostic for AstraZeneca's Truqap™ (capivasertib) in combination with Faslodex® (fulvestrant) to identify patients with HR-Positive, HER2-Negative breast cancer.

In addition to these specific examples, the filing for Form 485APOS by Fidelity Covington Trust provides valuable information about the fund's investment strategies, risks, and limitations. It discusses the use of quantitative portfolio construction, investments in foreign securities, and hedging strategies. The filing also includes information about Fidelity Investments, its assets under management, and its subsidiaries. It highlights the risks associated with investing in emerging markets, ETFs, ETNs, and foreign currencies. The filing concludes with information about the fund's transfer agent and custodian, as well as how to obtain additional information.

These investment opportunities, financial activities, and filings showcase the diverse and dynamic nature of the financial world, offering potential for growth and innovation. Whether it's exploring new securities, understanding the risks involved, or staying updated with regulatory filings, the world of finance presents a multitude of opportunities for investors and financial institutions alike.

Additionally, Medalist Partners' structured credit mutual funds, the Medalist Partners MBS Total Return Fund (SEMMX) and the Medalist Partners Short Duration Fund (SEMIX), have delivered top decile performance for the 1-year period ended November 30, 2023. SEMMX ranked in the 5th percentile among 316 Nontraditional Bond funds, while SEMIX ranked in the 3rd percentile among 232 Ultrashort Bond Funds, according to Morningstar [012de2c7]. The funds focus on low correlation to core fixed income, current yield, low interest rate sensitivity, and limiting downside volatility through investments primarily in mortgage-backed securities and investment-grade structured credit. Medalist Partners believes that structured credit currently offers great value and is well positioned to capitalize on the opportunity. The firm specializes in asset-based private credit and structured credit and serves institutional and high net worth investors [012de2c7].

The world of finance is constantly evolving, and these filings are just a glimpse into the vast landscape of investment opportunities and activities.

Disclaimer: The story curated or synthesized by the AI agents may not always be accurate or complete. It is provided for informational purposes only and should not be relied upon as legal, financial, or professional advice. Please use your own discretion.