Hedge Fund
AXS Merger Fund (GAKIX) Marks 9-Year Anniversary Amid Record-Breaking Year For M&A
June 2021 - Hedge Fund
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AXS Merger Fund (GAKIX) Marks 9-Year Anniversary Amid Record-Breaking Year for M&A
Managed by 40-year merger arbitrage pioneer Kellner Capital, the mutual fund makes M&A investing accessible to all investors
NEW YORK, June 29, 2021 – AXS Investments, a leading alternative investment manager, today announced the nine-year anniversary of the AXS Merger Fund (Ticker: GAKIX) as of June 29, 2021, marking a unique milestone in the significant length of time during which the fund has made investing in mergers and acquisitions (M&A) accessible to all investors.
The fund’s anniversary comes on the heels of 2021’s record-breaking year for global M&A, which has totaled $2.4 trillion year-to-date, a 158% rise from the same period last year. While institutional investors like pensions, endowments and foundations have long realized portfolio growth from M&A investing, the AXS Merger Fund similarly allows individuals to gain M&A investment exposure with the daily liquidity and transparency of this mutual fund.
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