JC Clark Yield Trust is a North American fixed income Fund that seeks to generate consistent income, while at the same time preserving capital.
The Fund focuses on corporate debt securities (both investment and non-investment grade), while tactically investing in preferred shares, convertible debentures, dividend paying equities and government debt. The Fund may also utilize other financial instruments, including exchange traded funds and credit and/or index derivatives.
JC Clark Yield Trust may take both long and short positions in portfolio securities, and may also use leverage as part of its overall investment strategy. The Fund will utilize JC Clark's disciplined equity investment philosophy and value investing principles, however, it will move up the capital structure to generate consistent income.
With a rigorous process of 'bottom up' fundamental analysis at the core of its investment approach, the Fund will strive to achieve a target return of 5% (annualized, net of fees) with low volatility.