Gabelli Merger Plus+ : GMP seeks to generate total return, consisting of capital appreciation and current income. The company will seek a secondary objective of the protection of capital, uncorrelated to equity and fixed income markets.
Gabelli Merger Plus+ will seek to meet its investment objective by utilizing the Gabelli Private Market Value (PMV) with a Catalyst, investment methodology, maintaining a diversified portfolio of catalyst event merger arbitrage strategies to seek to create an optimal risk/reward profile for the portfolio. “Catalyst Event Driven Merger Arbitrage” is a highly specialised active investment approach designed principally to profit from the differences between the public market price and the price achieved through corporate catalyst events. Catalysts are utilised to earn returns independent of the broad markets’ direction. This includes corporate events such as announced mergers, acquisitions, takeovers, tender offers, leveraged buyouts, restructurings, demergers and other types of reorganisations and corporate actions (“deals”).
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