Convertible Advantage

Convertible securities are interest bearing, hybrid securities that participate in equity 
upswings while enjoying bond-like yields that protect against falling markets. Convertibles 
deliver asymmetric returns; they tend to enjoy two thirds of the gains generated by a broad 
market advance while experiencing only one third of market declines. Klocke Capital Group 
specializes in constructing diversified portfolios of high yielding, risk averse convertible securities.