1798 Credit Convexity Fund Ltd

The 1798 Credit Convexity Fund is a discretionary relative value fund that seeks to capture investment opportunities arising from price inefficiencies across the credit, equity and derivatives markets, with a strong focus on convexity at the trade level and a limited carry. The fund aims to benefit from security repricing and is biased towards being long liquid securities versus short less liquid ones, and long high quality versus short lower quality instruments. The fund is focused predominantly on developed markets, particularly on the US, but could have some exposure in Europe. The investment team has the ability to innovate and brings a wealth of cross-market relative value experience, which is essential to successfully identifying and investing in mispriced securities. Risk management is integrated in portfolio construction process, with a substantial amount of research time being spent on trade structuring using all available instruments to optimize the risk profile of every trade. A key feature of the investment process is that each trade must be attractive as a stand-alone investment, enabling us to select the best investment ideas for the portfolio. It is intended that the fund will be highly diversified and avoids factor accumulation.