RAAA invests primarily in AAA rated securities through a diversified portfolio of European and U.S. CLOs (“collateralized loan obligations”) in both the primary and secondary markets. CLOs are primarily backed by loans that are senior in terms of priority relative to bonds and are secured by assets of the underlying obligator. The underlying securities are floating rate, includes AAA, AA and A rated, asset backed and may provide attractive yields over and above other Canadian HISA products (“high interest savings accounts”). Corton Capital Inc. has engaged Astra Asset Management UK Limited, based in London, UK, as the sub-advisor. RAAA hedges it’s returns to the Canadian dollar to reduce FX (“foreign exchange”) exposures.

RAAA seeks to provide Unitholders with a high level of current income by investing in a diversified portfolio European and U.S. floating rate primarily AAA rated collateralized loan obligations (CLOs), but may also include AA or A securities. RAAA will seek to hedge its non-Canadian dollar currency exposure at all times.