If the arbs get into the conventional investment trust sector it will contract, absolutely.
The Merger Fund, the oldest arb fund, has delivered a 10.8% annualized return over the past 10 years, besting the average bond fund's 7.0% return with a comparable level of volatility.
In cash deals, the arbs often just buy the target.
Definition of arb in US English:
arb
nounärb
informal
short for arbitrageur
Example sentencesExamples
If the arbs get into the conventional investment trust sector it will contract, absolutely.
In cash deals, the arbs often just buy the target.
The Merger Fund, the oldest arb fund, has delivered a 10.8% annualized return over the past 10 years, besting the average bond fund's 7.0% return with a comparable level of volatility.