Algebris Financial Credit Fund R EUR/  IE00B8J38129  /

Fonds
NAV10/11/2024 Chg.+0.1600 Type of yield Investment Focus Investment company
177.7300EUR +0.09% reinvestment Bonds Worldwide Algebris Inv. (IE) 

Investment strategy

The Fund aims to achieve a high level of income and modest capital appreciation. Objectives: The Fund aims to achieve a high level of income and modest capital appreciation. The Fund intends to invest in the financial sector globally, primarily in debt securities with fixed and variable interest rates, which may be rated investment or below investment grade. You can buy or sell shares daily (but not on weekends or bank holidays in the UK or Ireland). For more information please refer to the section entitled "Dealings in the Fund" in the Supplement. The Fund may also invest in convertible securities (bonds that can be converted into shares), hybrid securities (instruments that combine the characteristics of bonds and shares), preference shares, contingent convertible instruments (CoCo-Bonds) (bonds that can be converted into shares or their principal amount may be written down if a pre-specified trigger event occurs), Tier 1 and upper and lower Tier 2 securities (which are forms of bank capital), trust preferred securities (a type of hybrid security), subordinated debt and exchange traded funds (securities that track an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange). During times of high levels of market movements (volatility) the Fund may invest substantially in deposits. The Fund does not intend to invest directly in ordinary shares, however the Fund may acquire and hold ordinary shares where such ordinary shares are acquired by way of conversion from another security held by the Fund. The Fund may also enter into financial derivative instruments (FDI) for hedging and efficient portfolio management purposes and not for speculative or investment purposes, including options (securities that give the right to buy or sell another asset), swaps (an instrument that swaps the performance of one asset for another), forward contracts (contracts to exchange foreign currencies at an agreed date in the future) and futures (contracts to exchange a predetermined quantity of another asset at a certain price on a certain future date).
 

Investment goal

The Fund aims to achieve a high level of income and modest capital appreciation.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Bonds: Mixed
Benchmark: -
Business year start: 1/1
Last Distribution: -
Depository bank: BNP Paribas, Niederlassung Dublin
Fund domicile: Ireland
Distribution permission: Austria, Germany, Switzerland, Czech Republic
Fund manager: Algebris Investments (Ireland) Limited
Fund volume: -
Launch date: 1/22/2013
Investment focus: -

Conditions

Issue surcharge: 3.00%
Max. Administration Fee: 1.20%
Minimum investment: 10,000.00 EUR
Deposit fees: 0.01%
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Algebris Inv. (IE)
Address: 76 Sir John Rogersons Quay, D02 C9D0, Dublin
Country: Ireland
Internet: www.algebris.com
 

Assets

Bonds
 
89.33%
Cash
 
10.67%

Countries

United Kingdom
 
19.88%
Italy
 
17.58%
Spain
 
17.51%
Cash
 
10.67%
Germany
 
9.65%
France
 
8.58%
Netherlands
 
6.60%
Switzerland
 
4.83%
Austria
 
1.25%
Ireland
 
0.98%
United States of America
 
0.83%
Belgium
 
0.79%
Denmark
 
0.37%
Greece
 
0.18%
Mexico
 
0.17%
Others
 
0.13%