MO-AMC has launched a highly differentiated Multi Asset Omni FoF, which remains true to the fund house’s high conviction high alpha seeking DNA, now wrapped into a multi asset fund of funds product.
This omni FoF will likely have equity allocations in the 60-75% range, precious metals around 15% and the balance in debt and REITs.
While the SID gives this fund access to the entire range of active and passive equity funds of the AMC, the strategy will be to take concentrated positions in 3-5 of the AMC’s top performing active funds where the conviction on performance is the highest over the near to medium term.
At present, these could include some of the newer strategies that are already performing well and which are investing in newer high growth areas of the market – such as its Innovation Fund, Active Momentum Fund, Special Situations Fund and so on.
These offbeat funds don’t easily find their way into traditional equity portfolios that focus on dynamic cap size management (large vs mid vs small caps) as they are cap size agnostic in their quest for higher alpha.
Wrapping these high performing funds into a MAAF wrapper enables MOAMC to participate in the growing multi asset space, but with its trademark high alpha focused style.
At launch, one should expect around 70% allocation to just a handful of their best performing equity funds, around 15% allocation to gold (no silver for now) and the balance 15% in accrual based debt strategies.