Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Here are some additional clarifications:
1. A syndicate can be a group of borrowers and/or a group of lenders; there is even a loan syndication association which created rules on how to manage a syndication : https://www.lsta.org/
2. Repo, Rever…
Yes, I have invested in this fund and before I did I called up the fund, asked them questions and they explained it all to me and gave me a lot of info on this Repo and Securities lending industry
For example:
iShares, which is one of the biggest…
As the name of the counterparties clearly states these are SYNDICATIONS which the Fund can participates in as either a borrower in order to REMOVES liquidity or PROVIDES liquidity into these syndications.
The REMOVE LIQUIDITY and ADD LIQUIDITY acti…
Here are some additional clarifying facts that appear on the fund’s website that provide an answer to your question:
The Fund creates a higher return by conducting Securities lending, Repurchase & Reverse Repurchase agreements ; this clarificat…
