Jay Cowan
La Jolla, CA (USA)
Role(s):
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ABS Fund
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Startup
Location:
La Jolla
Industry:
Investing
Year Founded:
2009
Number Employees:
10-50 people
Description:
ABS Fund is a bond fund that was created during turmoil
and uncertainty in the US Markets in 4th quarter 2008.
ABS Fund is a top performer for any firm or investor who
is looking to secure their investment/retirement funds in a
high growth, secure, fund. The goal of ABS Fund, along
with other bond funds, is to yield a return for investors by
investing in a variety of bonds that generate a healthy and
consistent income stream. Unlike equity funds, there isn’t
a focus on capital appreciation. However, since inception,
ABS Fund has seen an increase in capital appreciation of
5.00% which in today’s markets attests to the strength
of the Fund’s management. ABS Fund is a pooled bond
fund and by that definition we do not invest in one single
bond, we are more effectively spreading the risk. ABS
Fund spreads our investors’ investment over a number
of different bonds; therefore investors are more insulated
against major losses than they would be if they invested
in the bonds themselves. This strategy allows bond funds
to attract risk adverse investors.