AXQ - Allco Max Securities & Mortgage Trust is an income growth fund that will engage in credit arbitrage. AXQ will invest in a portfolio of secure asset-backed loans and short term securities and cash and make loans originated by Allco to high credit quality, investment-graded rated counterparties. Only fund of it's type that has AAA rating.
Was trading at $1.00 with a NTA of 90c six months ago.
Is trading at $0.78 with a NTA of 90c now. Go figure!
AXQ
allco max securities and mortgage trust
great potential for future capital gain from an in
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