Deer Park Total Return Credit Fund – Class I (DPFNX)

Overview

The fund is focused on investing in asset-backed debt securities, with a primary focus on those backed by mortgages on real estate. It diversifies its investment portfolio by incorporating both fixed and floating rate securities to adjust to the ever-changing market conditions and to capitalize on the most promising investment opportunities. To ensure proficient management of its portfolio, the fund's adviser has appointed a sub-adviser with specialized expertise in this area. While the fund primarily invests in asset-backed debt securities, it remains open to exploring other types of asset-backed or debt securities as secondary investment options.

Products and Services

• Asset-Backed Debt Securities Investment:

Focusing primarily on debt securities that are backed by mortgages on real estate, the fund offers investors an opportunity to partake in the potentially lucrative market of real estate-backed investments. This approach aims to provide both security and attractive returns, grounded in the tangible value of real estate assets.

• Fixed and Floating Rate Securities:

To adapt to varying market conditions and to target optimal investment outcomes, the fund includes both fixed and floating rate securities in its portfolio. This strategy allows it to balance between securing steady returns through fixed rate securities and capitalizing on the interest rate movements with floating rate securities.

• Dynamic Investment Strategy:

Understanding that market conditions are in constant flux, the fund does not adhere to a rigid investment ratio between fixed and floating rate securities. Instead, it dynamically adjusts its investment approach based on current market conditions and available investment opportunities, thus aiming for the best possible performance.

• Specialized Sub-Adviser Management:

The fund's investment strategy is enhanced by the specialized input of a sub-adviser, appointed by the fund's adviser. This collaboration ensures that the fund's portfolio is managed by professionals with specific expertise in asset-backed and real estate-backed debt securities, optimizing investment decisions and outcomes.

• Flexibility in Investment Choices:

While the fund's main focus remains on asset-backed debt securities, it maintains the flexibility to invest in a broader range of asset-backed or debt securities. This openness to diversification further mitigates risk and offers potential for balanced, stable returns across different market cycles and conditions.