Absolute Investment Advisers, LLC ("Absolute", “we” or “us”) is an SEC-registered investment
adviser with its principal place of business located in Rosemary Beach, Florida. Absolute is a
limited liability company that began conducting business in 2004.
Absolute’s principal owner (i.e., those individuals and/or entities controlling 25% or more of the
partnership) is James P. Compson.
Mutual Fund Portfolio Management
Absolute is the investment adviser for the Absolute Convertible Arbitrage Fund, Absolute Flexible
Fund, Absolute Capital Opportunities Fund, Absolute Strategies Fund and the Absolute Select
Value ETF (together, the “Funds” or the “Absolute Funds”). Absolute serves as the investment
advisor to the Funds, and continuously manages the Absolute Fund assets based on the investment
goals and objectives as outlined in each Absolute Fund's prospectus.
Interested investors should refer to each Absolute Fund's Prospectus and Statement of Additional
Information ("SAI") for important information regarding objectives, investments, time-horizon,
risks, fees, expenses, and additional disclosures. These documents are available on-line at
www.absoluteadvisers.com.
Private Fund Portfolio Management
Absolute provides investment management services to collective investment funds that are not
registered as investment companies (the "Private Funds"). The Private Funds that are managed by
Absolute include:
Absolute Finn Investment Partners, L.P.
AIA Finn Associates GP, LLC (“General Partner”) is the General Partner to the Absolute Finn
Investment Partners L.P. (the “Partners Fund” or “Partnership”), a privately offered pooled
investment vehicle. The General Partner has appointed Absolute to serve as the Partners Fund’s
investment adviser. The General Partner is a relying adviser of Absolute and is under common
control and collectively conduct a single advisory business. Absolute is the manager of the Partners
Fund's assets, and the General Partner has no employees or other persons acting on its behalf other
than officers, directors, partners or employees of Absolute.
Separate Account Portfolio Management
Absolute provides continuous asset management of client portfolios based on the individual needs
of the client. Through discussions in which goals and objectives based on the client's particular
circumstances are established, Absolute develops the client's investment guidelines. Absolute
creates and manages a portfolio based on those guidelines.
Absolute manages these advisory accounts on a discretionary basis. Account supervision is guided
by the client's stated objectives and guidelines (e.g., maximum capital appreciation, growth,
income, or growth and income), as well as tax considerations.
Clients can impose reasonable restrictions on investing in certain securities, types of securities, or
industry sectors, or such other investment restrictions as may be agreed between a client and
Absolute, but in general management of an account is discretionary on the part of Absolute.
Amount of Managed Assets
All Absolute’s accounts are managed on a discretionary basis. As of December 31, 2023, Absolute
was managing approximately $1,625,721,283 of client assets.