The Merger Fund - Class A (MERFX)

This fund aims to achieve capital appreciation by implementing a merger arbitrage strategy. Under standard market conditions, the fund allocates at least 80% of its total assets primarily to common and preferred stocks, and occasionally warrants, issued by companies undergoing publicly announced corporate events. These events include a range of activities such as mergers, acquisitions, tender offers, leveraged buyouts, spin-offs, liquidations, and other forms of corporate restructuring. Merger arbitrage is a highly specialized investment method designed to profit from the successful conclusion of these types of transactions.