NAV30/10/2024 Var.-0.1000 Type of yield Focus sugli investimenti Società d'investimento
112.6400EUR -0.09% reinvestment Bonds Worldwide Algebris Inv. (IE) 

Investment strategy

The Algebris IG Financial Credit Fund (the Fund) aims to generate an attractive level of income and modest capital appreciation in the medium term by investing the Fund's assets predominantly in investment grade securities rated BBB- or above by a major rating agency (Investment Grade Securities). The Fund intends to invest predominantly in fixed and variable, corporate and/or government Investment Grade Securities in the financial sector globally. Such Investment Grade Securities may include senior and subordinated debt instruments of financial institutions. The Fund may also invest in trust preferred securities, convertible securities (securities that can be converted into shares), hybrid securities (instruments that combine the characteristics of bonds and shares), preference shares, the Fund may invest up to 10% of its Net Asset Value in contingent convertible bonds (bonds that can be converted into shares or their principal amount may be written down if a pre-specified trigger event occurs), subordinated debt, exchange traded notes (ETNs) and exchange traded funds (ETFs) (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 with credit institutions. The Fund does not intend to invest directly in ordinary shares, however 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 invest up to 15 per cent of its Net Asset Value in eligible securities that are rated lower than BBB- but rated at least BB- by a major rating agency. The Fund may also purchase unrated securities under certain circumstances as set out in the supplement for the Fund (the Supplement). 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 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). In addition, certain financial instruments such as convertible securities, contingent convertible bonds and ETNs may embed leverage and/or a derivative component. The Fund may invest in these securities for speculative or investment purposes.
 

Investment goal

The Algebris IG Financial Credit Fund (the Fund) aims to generate an attractive level of income and modest capital appreciation in the medium term by investing the Fund's assets predominantly in investment grade securities rated BBB- or above by a major rating agency (Investment Grade Securities).
 

Dati master

Type of yield: reinvestment
Fondi Categoria: Bonds
Region: Worldwide
Settore: Bonds: Mixed
Benchmark: -
Business year start: 01/01
Ultima distribuzione: -
Banca depositaria: BNP Paribas, Niederlassung Dublin
Domicilio del fondo: Ireland
Permesso di distribuzione: Austria, Germany, Switzerland, Czech Republic
Gestore del fondo: -
Volume del fondo: -
Data di lancio: 04/11/2019
Investment focus: -

Condizioni

Sovrapprezzo emissione: 0.00%
Tassa amministrativa massima: 0.50%
Investimento minimo: 500,000.00 EUR
Deposit fees: 0.01%
Redemption charge: 0.00%
Prospetto semplificato: -
 

Società d'investimento

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

Attività

Bonds
 
79.53%
Cash
 
13.33%
Mutual Funds
 
7.14%

Paesi

Spain
 
15.50%
United Kingdom
 
15.41%
Italy
 
15.25%
Cash
 
13.33%
France
 
11.14%
Germany
 
9.57%
Switzerland
 
3.81%
Ireland
 
3.00%
United States of America
 
2.36%
Denmark
 
1.75%
Belgium
 
0.81%
Netherlands
 
0.77%
Austria
 
0.10%
Australia
 
0.06%
Altri
 
7.14%

Cambi

Euro
 
49.00%
US Dollar
 
30.27%
British Pound
 
20.73%