Sell: Floaters   

http://cmoderivatives.org

Contact: 1-917-536-2552

FOR IMMEDIATE RELEASE

                                Udo Long/Short Synthetic Fund                                   Helps Boost Pension Returns through Agency Mortgage Derivatives   New York, New York – January, 29, 2008 — In an effort to help portfolio managers understand the values and risks inherent in mortgage-backed securities, Udo Onwuachi, New York City-based bond expert and mortgage securities trader, has launched the Udo Long/Short Synthetic Fund.  The Udo Long/Short Synthetic Fund is a synthetic fund comprised of trust and structured PO bonds. The fund’s specialty is agency mortgage derivatives.  “There are so many problems inherent in the mortgage securities industry that it is hard for portfolio managers to keep up with trends in how to price and bid,” Onwuachi said. “I have seen the struggles fund managers and commercial banks’ trading desks have in arriving at a bid/ask price due lack of trading experience. The fund and a related website will help portfolio managers find value within the mortgage derivative space.” Mr. Onwuachi, an NYU graduate with an MBA from The City College of New York, has been working with agency collateralized mortgage obligation (CMO mortgage derivatives), principal-only stripped mortgage-backed securities (PO and Inv Floaters), interest-only stripped mortgage-backed securities (IO,Inverse IO, Floaters), price structures and trades for over eight years. His website, cmoderivative.org, contains numerous articles about valuaing PO and Inverse Floaters. Mr. Onwuachi’s expertise lies in his ability to pick bonds such as mortgage derivatives by evaluating them through Yieldbook, Intex and Bloomberg. Onwuachi is versed in Bloomberg’s BCCF calculator which he uses to analyze the floor and determine the appropriate swaps. “This year, 2008, is the year of the Inverse Interest Only bond, PO and Inverse Floater,” says Onwuachi. “I believe these sectors will out perform all others.” But, he cautions, “not all mortgage derivatives are equal–when a hedge fund manager buys a mortgage derivative it is imperative that his or her proprietary trader is experienced in how to value and trade the mortgage derivative.” Mr. Udo shares his winning bonds for 2008 at http://cmoderivatives.org/2008-bond-picks/ . The site information reflects a paperless transaction. The portfolio manager can calculate the type of return had actual currency been invested. 

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Sell: Floaters

Thank you for visiting the CMODerivatives.ORG site. At this site  Udo will educate you on the world of mortgage derivatives. 

So be wise and listen to Udo, who is one of the top agency mortgage derivatives(Trust:PO/IIO/INV Floaters and Structure:PO/IIO/INV Floaters) trading guru’s in the nation.

This is a paperless trade had real cash been committed you as a portfolio manager would have made all the money simply because you hired a smart mortgage derivative trader like Udo. Udo knows agency relative value from the CMO to the mortgage derivatives products.

Udo Long/Short Bond Fund.

TRS CMO PO Strategy