Industry description
The investment seeks to track the price and yield performance, before fees and expenses, of the Gapstow Private Credit and Alternative Income Index.
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in constituents of the index and/or investments that have economic characteristics that are substantially similar to the economic characteristics of such constituents. The index is provided by Gapstow Capital Partners, L.P. (the “index provider”) and is designed to provide diversified exposure to private credit and other alternative credit investments. The fund is non-diversified.