A specialist fund that invests across a broad range of primarily European investment grade and lower rated asset-backed securities (ABS), targeting higher yielding areas of the market to enhance the portfolio’s income.
Asset Backed Opportunities Fund leans towards higher yielding assets within the ABS investment universe, which includes securities backed by residential mortgages, commercial mortgages, automobile leases and loans, SME loans and other secured bonds.
The Fund has a target return of 4-6% over prevailing interest rates.
All data is as at 30 Apr 2026 unless otherwise indicated.
| 1M | YTD | Annualised | Since Inception | ||
|---|---|---|---|---|---|
| 3Y | 5Y | ||||
| I Acc (Gross) GBP | 1.4% | 1.3% | 4.0% | 2.4% | 1.3% |
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| I Acc (Gross) GBP | 7.8% | 2.9% | NA | NA | NA | NA | NA | NA | NA | NA |
Past performance is not a reliable indicator of future performance. The performance figures shown are in GBP on a mid-to-mid basis inclusive of net reinvested income and net of all fund expenses. Performance data does not take into account any commissions and costs charged when shares of the fund are issued and redeemed.
The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
All data is as at 5 Jun 2026 unless otherwise indicated.
| Portfolio Manager | TwentyFour Asset Management LLP |
|---|---|
| Fund Domicile | United Kingdom |
| Type of Fund | UK Authorised UCITS Compliant OEIC |
| Share Class Currency | GBP |
| Year End | 31 March |
| Fund Launch Date | 11 Apr 2017 |
| Share Class Launch Date | 11 Sep 2024 |
| Distribution Type | Acc |
| Distribution Frequency | Quarterly |
| Dealing | Daily |
| Minimum investment | 1,000.00 |
| ISA/SIPP Eligible | Yes |
| Fund Registrations | GB |
| Share Class Registrations | GB |
| Highest since launch | 1.1372 |
|---|---|
| Lowest since launch | 1.00 |
| Fund size in mln. | 188.61 |
| Management Fee | 0.50% |
|---|---|
| OCF | 0.70% (1 Jun 2026) |
| ISIN | GB00BRJV8208 |
|---|---|
| SEDOL | BRJV820 |
| Authorised Corporate Director | Apex Fundrock Ltd |
|---|---|
| Auditor | Grant Thornton UK LLP |
| Registrar | Apex Fundrock Ltd |
| Share class | Currency | ISIN | Distrib. | Type | Launch date | Management Fee | OCF |
|---|---|---|---|---|---|---|---|
| I Acc (Gross) | GBP | GB00BRJV8208 | Acc | Institutional | 11 Sep 2024 | 0.50% | 0.70% (1 Jun 2026) |
| I Inc (Gross) | GBP | GB00BD5D3D88 | Dist | Institutional | 11 Apr 2017 | 0.50% | 0.70% (1 Jun 2026) |
Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.
Please refer to the current EMT file for the latest OCF.
* TER includes performance fee where applicable
All data is as at 30 Apr 2026 unless otherwise indicated.
View all documents View latest documents
| Document | Date | EN |
|---|---|---|
| Factsheets & Commentaries | ||
| Factsheet | Apr 2026 | |
| Factsheet | Mar 2026 | |
| Factsheet | Feb 2026 | |
| Factsheet | Jan 2026 | |
| Factsheet | Dec 2025 | |
| Factsheet | Nov 2025 | |
| Factsheet | Oct 2025 | |
| Factsheet | Sep 2025 | |
| Factsheet | Aug 2025 | |
| Factsheet | Jul 2025 | |
| Factsheet | Jun 2025 | |
| Factsheet | May 2025 | |
| Factsheet | Apr 2025 | |
| Monthly Commentary | Apr 2026 | |
| View more Factsheets & Commentaries View less Factsheets & Commentaries | ||
| UCITS KIIDs | ||
| KIID | Dec 2025 | |
| Legal Documents | ||
| Consumer Facing Disclosure | Jan 2025 | |
| Instrument of Incorporation | Jan 2025 | |
| Sales Prospectus | Apr 2026 | |
| Financial Reports | ||
| Annual Report | Mar 2025 | |
| Semi-Annual Report | Sep 2025 | |
RISKS
Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.
Limited participation in the potential of single securities
Success of single security analysis and active management cannot be guaranteed
It cannot be guaranteed that the investor will recover the capital invested
Derivatives entail risks relating to liquidity, leverage and credit fluctuations, illiquidity and volatility
Interest rates may vary, bonds suffer price declines on rising interest rates
The structure of ABS/MBS and the pools backing them might be intransparent which exposes the subfund to additional credit and prepayment risks (extension or contraction risks) depending on which tranche of ABS/MBS is purchased by the subfund
Typically, sub-investment grade securities will have a higher risk of default, and are generally considered to be more illiquid than investment grade securities
Information on how environmental and social objectives are achieved and how sustainability risks are managed in this Fund may be obtained from here.
Morningstar rating: © 2026 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
