TwentyFour Sustainable Enhanced Income ABS Fund

Asset-Backed Securities
ISIN
IE00BMX0BJ68
Sedol
BMX0BJ6
107.95
NAV
As at 10 May 2024
4.97%

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

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.

Investment Team

Insights

All data is as at 10 May 2024 unless otherwise indicated.

Fund data
Portfolio Manager TwentyFour Asset Management LLP
Fund Domicile Ireland
Share Class Currency GBP
Year End 28 February
Index Bank of England SONIA Overnight Rate
Fund Launch Date 20 Aug 2020
Share Class Launch date 20 Aug 2020
Distribution Type Dist
Distribution Frequency Quarterly
Dealing Weekly
ISA/SIPP Eligible Yes
Fund Registrations GB, IE
Share Class Registrations GB, IE
Nav Information
Highest since launch 107.95
Lowest since launch 95.67
Fund size in mln. 228.72
Fees And Expenses
Management fee 0.45%
OCF 0.63% (31 Aug 2023)
Identifiers
ISIN IE00BMX0BJ68
Bloomberg TFEIBGI ID
SEDOL BMX0BJ6
Parties
Auditor Grant Thornton
Depository Northern Trust Fiduciary Services (Ireland) Limited
Registrar Northern Trust International Fund Administration Services (Ireland) Limited
AIFM Waystone Management Company (IE) Limited
Fund Administrator Northern Trust

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management fee OCF OCF Date
A Acc GBP IE00BMX0BH45 Acc Institutional 1 Nov 2020 0.45% 0.63% 31 Aug 2023
A Inc GBP IE00BMX0BJ68 Dist Institutional 20 Aug 2020 0.45% 0.63% 31 Aug 2023
Acc CHF IE000N38Y625 Acc Institutional 1 Nov 2020 0.45% 0.68% 31 Aug 2023

* TER includes performance fee where applicable

View all documents View latest documents

Document Date EN
Factsheets & Commentaries
Factsheet Apr 2024
Monthly Commentary Apr 2024
Legal Documents
Prospectus Supplement Oct 2023
Sales Prospectus Oct 2023
Sustainability Related Disclosures
Pre-contractual Disclosure Jul 2023
Sustainability Related Disclosures Jul 2023
Financial Reports
Annual Report Feb 2023
UK Tax Reporting
UK Tax Reporting Feb 2022
Dealing Information
Redemption Form Sep 2020
Subscription Form Sep 2021