NFO alert! WhiteOak Capital Mutual Fund launches ‘WhiteOak Capital Special Opportunities Fund’
WhiteOak Capital Mutual Fund on May 14 announced the launch of their new fund offer (NFO) – WhiteOak Capital Special Opportunities Fund.
WhiteOak Capital Special Opportunities Fund is an open-ended equity scheme that will be following special situations theme. The NFO will open on May 15 and close on May 29, 2024.
WhiteOak Capital Special Opportunities Fund investment objective is to generate long-term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, including mergers and acquisitions; government policy and regulatory changes; technology-led disruption and innovation; new trends; new and emerging sectors; companies and sectors going through temporary unique challenges; and other similar instances. The scheme is benchmarked against S&P BSE 500 TRI Index.
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The fund will focus on being ahead of the curve i.e. identifying Special Situations well in advance and capitalizing on them before the market fully factors in the outcome.
It adopts a bottom-up approach of investing, carefully selecting stocks and maintaining a diversified portfolio within the theme, ensuring a balanced investment strategy, by focussing on specific news, events, incidence that can impact a particular stock, sector or economy.
The risk-reward profile makes this fund an attractive option for those who understand and are comfortable with the potential volatility.
Speaking on the new fund offer, Aashish Somaiyaa, CEO of WhiteOak Capital Asset Management Limited, said, “Winston Churchill once has said that ‘Never let a good crisis go to waste’. While this principle is at the heart of our Special
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