Tikehau Fund - Tikehau SubFin Fund - RS-Acc-EUR
LU1585264176
Tikehau Fund - Tikehau SubFin Fund - RS-Acc-EUR/ LU1585264176 /
NAV04.09.2024 |
Zm.+0,0100 |
Typ dystrybucji dochodów |
Kategoria |
Firma inwestycyjna |
175,5500EUR |
+0,01% |
z reinwestycją |
Obligacje
Europa
|
Tikehau IM ▶ |
Strategia inwestycyjna
Tikehau SubFin Fund (the "Sub-fund") is a sub-fund of Tikehau Fund (the "Fund"). The Sub-fund aims to achieve annual outperformance of the composite benchmark, the 50% ICE BofA Contingent Capital Index (hedged to EUR) + 50% ICE BofA Euro Financial Subordinated & Lower Tier-2 Index , net of management fees, over an investment horizon of three years.Investors should note that the Sub-fund is actively managed and uses a benchmark index solely as an ex-post performance indicator and,where relevant, to calculate the performance fee.
The investment strategy is to manage, on an active and discretionary basis, a diversified portfolio mainly composed of private and public debt instruments (mostly subordinated debt instruments: Tier 1, Upper or Lower Tier 2 or others). The portfolio will have a minimum average rating of B+ (S&P's rating), or B1 (Moody's rating), while the minimum rating will be CCC+ or equivalent. The Sub-Fund may invest up to 130% of its net assets in debt instruments issued by entities in the private or public sectors and located primarily in the Eurozone (including convertible bonds and contingent convertible bonds ("CoCo"), up to 100% of the net assets of the Sub-Fund). Debt securities that belong to the subordinated financing category pose a greater default risk, in exchange for a higher reward. A debt is known as subordinated when its repayment depends on other creditors (senior creditors and unsecured creditors) being repaid first. Thus, subordinated creditors will be repaid after unsecured creditors, but before shareholders. The Sub-Fund may also invest up to 10% of its net assets in each of the following categories: (i) ABS/MBS instruments, (ii) defaulted/distressed securities as a result of the potential downgrading of the issuers (i.e. securities which are highly vulnerable to nonpayment and the rating of which is below "CCC" according to S&P's rating or the equivalent by any other agency), (iii) UCITS and/or other UCIs (including those managed by Tikehau Investment Management), (iv) equity markets, either directly by means of shares in companies of all market capitalisations and all geographic regions, through UCITS, UCIs or financial derivative instruments. For hedging or exposure purposes, the Sub-Fund may invest up to 100% of its net assets in financial derivative instruments, such as futures, options, swaps, swaptions, forwards, single or index credit derivatives swaps and Contracts for Difference. It may also invest in efficient portfolio management techniques. The Sub-Fund may invest its excess cash in term deposit accounts. These deposits may amount to up to 100% of the Sub-Fund's assets.
Cel inwestycyjny
Tikehau SubFin Fund (the "Sub-fund") is a sub-fund of Tikehau Fund (the "Fund"). The Sub-fund aims to achieve annual outperformance of the composite benchmark, the 50% ICE BofA Contingent Capital Index (hedged to EUR) + 50% ICE BofA Euro Financial Subordinated & Lower Tier-2 Index , net of management fees, over an investment horizon of three years.Investors should note that the Sub-fund is actively managed and uses a benchmark index solely as an ex-post performance indicator and,where relevant, to calculate the performance fee.
Dane podstawowe
Typ dystrybucji dochodów: |
z reinwestycją |
Kategoria funduszy: |
Obligacje |
Region: |
Europa |
Branża: |
Obligacje mieszane |
Benchmark: |
ICE BofAML 3-5 Year Euro Government Index + 150 Bp. |
Początek roku obrachunkowego: |
01.01 |
Last Distribution: |
- |
Bank depozytariusz: |
CACEIS Bank, Luxembourg Branch |
Kraj pochodzenia funduszu: |
Luxemburg |
Zezwolenie na dystrybucję: |
Austria, Niemcy, Szwajcaria, Luxemburg, Czechy |
Zarządzający funduszem: |
Thibault Douard, Benjamin Pesquier |
Aktywa: |
377,58 mln
EUR
|
Data startu: |
24.07.2017 |
Koncentracja inwestycyjna: |
- |
Warunki
Opłata za nabycie: |
1,00% |
Max. Administration Fee: |
1,50% |
Minimalna inwestycja: |
1 000,00 EUR |
Opłaty depozytowe: |
- |
Opłata za odkupienie: |
0,00% |
Uproszczony prospekt: |
- |
Firma inwestycyjna
TFI: |
Tikehau IM |
Adres: |
32 rue de Monceau, 75008, Paris |
Kraj: |
Francja |
Internet: |
www.tikehaucapital.com
|
Aktywa
Obligacje |
|
98,90% |
Gotówka i inne aktywa |
|
1,10% |
Kraje
Wielka Brytania |
|
17,10% |
Hiszpania |
|
16,20% |
Włochy |
|
10,00% |
Portugalia |
|
8,50% |
Holandia |
|
7,50% |
Francja |
|
7,10% |
Niemcy |
|
6,60% |
Grecja |
|
4,60% |
Irlandia |
|
4,50% |
Belgia |
|
3,40% |
Polska |
|
2,70% |
Dania |
|
2,60% |
Cypr |
|
2,40% |
Austria |
|
1,90% |
Szwecja |
|
1,40% |
Inne |
|
3,50% |