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Victory Market Neutral Income Fund
  • The Fund’s objective is to generate income from equities without equity volatility and deliver:
    • An innovative solution to income generation in a low rate environment
    • An alternative income stream to fixed income
    • A risk profile similar to traditional bonds
    • Low correlation to stocks and bonds
  • The team uses a proprietary, systematic approach by investing in high-dividend securities and shorting highly correlated equity futures to help minimize equity risk and volatility
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Market Neutral Expertise

How do we pursue attractive levels of income from equities, while keeping volatility on par with bonds?

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5-Year Fund Statistics are shown for share classes with five years of performance history. For Share Classes with less than five years of history, Class I Shares statistics are displayed.

Risk Measures

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Asset Allocation

FUND OBJECTIVE 
The Fund seeks to achieve high current income. 
 
INVESTMENT STRATEGY 

The Fund utilizes a proprietary market neutral investment strategy designed to seek income from its investments while maintaining a low correlation to foreign and domestic equity and bond markets.

 

The Fund uses a multi-strategy approach. First, the Fund invests in securities of the Nasdaq Victory Volatility Weighted High Dividend Indexes. The allocation to each Nasdaq Victory Volatility Weighted High Dividend Index is equally weighted. Second, the Fund seeks to offset equity market risk by shorting high-correlating equity futures contracts, such as the S&P 500®, Russell 2000® or MSCI EAFE and Emerging Markets indexes, or ETFs that track such indices. The Fund may also allocate to a basket of options and/or futures to offset basis risk of long positions in high-dividend stocks and short positions in equity index futures.

 

The Fund's investments in foreign or domestic dividend-producing equity securities may include securities of any market capitalization size that are included in the Nasdaq Victory High Dividend Volatility Weighted Indexes.

Management Team

Mannik Dhillon
Mannik Dhillon, CFA, CAIA

President, VictoryShares and Solutions

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