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Matisse Discounted Closed-end Fund Strategy Institutional Class Shares (MDCEX)

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7.18 -0.01    -0.14%
07:00:00 - Delayed Data. Currency in USD
Type:  Fund
Market:  United States
Issuer:  Nottingham
Asset Class:  Equity
  • Morningstar Rating:
  • Total Assets: 49.38M
Matisse Discounted Cl-End Fd Strat Instl 7.18 -0.01 -0.14%

Matisse Discounted Closed-end Fund Strategy Institutional Class Shares Overview

 
On this page you'll find an in-depth profile of Matisse Discounted Closed-end Fund Strategy Institutional Class Shares. Learn about the key management, total assets, investment strategy and contact information of MDCEX among other information.
Category

Tactical Allocation

Total Assets

49.38M

Expenses

1.81%

Inception Date

41213

Investment Strategy

The investment seeks long-term capital appreciation and income. The fund is a "fund of funds" that seeks to achieve its investment objectives principally through investments in unaffiliated closed-end funds that pay regular periodic cash distributions, the interests of which typically trade at substantial discounts relative to their underlying net asset values. The fund's investment advisor believes this approach is capable of generating capital appreciation and income. As a matter of investment policy, the fund will invest, under normal circumstances, at least 80% of net assets, plus borrowings for investment purposes, in discounted closed-end funds.

Contact Information

Address 116 South Franklin Street, Post Office Box 4365
Rocky Mount,NC 27803-0365
United States
Phone -

Top Executives

Name Title Since Until
Bryn Torkelson Founder 2012 Now
Biography Mr. Torkelson is the founder and has been the chief investment officer of Matisse Capital since 2010. He has been in the investment business since 1981. He began his career with Smith Barney, spent 10 years at Dain Bosworth as a senior vice president, managing partner, and perennial Chairman’s Club member, founded Matisse Capital’s predecessor firm in 1997, and then started Matisse Capital in 2010. Mr. Torkelson received a Bachelor of Science in Finance from the University of Oregon.
Eric Andrew Boughton CIO (Chief Investment Officer) 2012 Now
Biography Mr. Boughton joined the predecessor firm to Matisse Capital in 2006, and has been the Portfolio Manager and Chief Analyst at Matisse Capital since 2010. Before that, Mr. Boughton was a Portfolio Manager and Analyst with 1st Source, where he co-managed a publicly traded mutual fund, created the firm’s outside mutual fund recommendation list, analyzed individual equity securities, generated investment commentary, and devised a quantitative approach to fundamentals-based security selection. Mr. Boughton received a BS degree with distinction in mathematics from the University of Houston in 1997, and is a CFA charter holder.
Gavin Morton Portfolio Analyst 2012 2013
Biography Mr. Morton serves as a Portfolio Analyst and has been with the Advisor since 2012. Prior to joining the Advisor, he had retired from an investment career culminating with Blue Sky Capital Hedge Fund in Sydney, Australia, from 2003 to 2007. His investment experience also includes nine years as a senior equity and derivatives trader in Tokyo, Japan with Credit Suisse First Boston, Nikko Smith Barney, and Morgan Stanley. Prior to that, he worked in London for Morgan Stanley, UBS, and National Westminster Bank. Mr. Morton has an accounting degree from Portsmouth University.
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