Asset Backed Securities

TwentyFour Enhanced Income ABS Fund

ISIN
IE00BMX0BJ68

The investment objective of the Sub-Fund is to seek to achieve income and long-term capital growth.
100.91
NAV
0.91%
Performance YTD
As at 30 Oct 2020

An open-ended sub-fund of the TwentyFour ICAV, an umbrella fund with segregated liability between sub-funds authorised by the Central Bank of Ireland as a Qualifying Investor AIF pursuant to the Irish Collective Asset-management Vehicles Act 2015 and authorised by the Central Bank of Ireland as a Qualifying Investor Alternative Investment Fund.

Investment Objective

The investment objective of the Sub-Fund is to seek to achieve income and long-term capital growth.

Investment Approach

The fund will seek to achieve a return for shareholders through investment in a portfolio of debt and debt related securities. Such debt and debt related securities shall primarily consist of asset backed securities (ABS), (including but not limited to, mortgage backed securities (MBS) and collateralised loan obligations (CLOs).)

TwentyFour will follow an integration approach in assessing environmental, social and governance issues for the fund.

Portfolio Managers

Insights

All data is as at 30 Oct 2020 unless otherwise indicated.

Fund data
Portfolio Manager TwentyFour Asset Management LLP
Fund Domicile Ireland
Share Class Currency GBP
Index 3m GBP Libor
Fund Launch Date 20 Aug 2020
Share Class Launch date 20 Aug 2020
Distribution type Dist
Distribution frequency Quarterly
Dealing Monthly
Fund Registrations GB
Share Class Registrations GB
Nav Information
Highest since launch 100.91
Lowest since launch 100.00
Fund size in mln. 257.45
Fees And Expenses
Management fee 0.45%
Identifiers
ISIN IE00BMX0BJ68
Bloomberg TFEIBGI ID
Parties
Auditor PricewaterhouseCoopers
Depository Northern Trust Fiduciary Services (Ireland) Limited
Registrar Norther Trust International Fund Administration Services (Ireland) Limited
Fund Administrator Northern Trust

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management fee
A Acc GBP IE00BMX0BH45 Acc Institutional
A Inc GBP IE00BMX0BJ68 Dist Institutional 20 Aug 2020 0.45%
Document Date EN
Legal Documents
Prospectus Supplement Nov 2020
Sales Prospectus Sep 2020
Dealing Information
Redemption Form Jul 2020
Subscription Form Jul 2020