Rates stability would be a game-changer for fixed income
An unconstrained, unleveraged, long only credit fund incorporating TwentyFour's proprietary ESG process. The fund aims to provide an attractive level of income along with an opportunity for capital growth whilst meeting specific ESG metrics.
The investment objective of the Sub-Fund is to seek to achieve an attractive level of income along with the opportunity for capital growth.
The fund will seek to achieve a return for shareholders through investment in a portfolio consisting of a broad range of credit sectors. Such debt and debt related securities shall primarily consist of corporate bonds, contingent convertible bonds (CoCos), additional tier 1 bonds (AT1s), restrictive tier 1 capital bonds (RT1 bonds), tier 2 bonds, convertible bonds and asset backed securities (ABS), (including but not limited to, mortgage backed securities (MBS) and collateralised loan obligations (CLOs).)
Although not having Sustainable Investment as its objective (per Article 9 of the SFDR), the fund promotes environmental or social characteristics as part of its overall strategy and limits investments to issuers that follow good governance practices, in accordance with Article 8 of the SFDR. The fund will be screened in accordance with the Investment Manager’s view of appropriate ethical and sustainability principles, further details of which can be found at https://www.twentyfouram.com/responsible-investment.
Rates volatility has done plenty of damage to portfolios in 2022. Where, and when, will US Treasury yields peak? Mark Holman shares his views in his latest video.
|Portfolio Manager||TwentyFour Asset Management LLP|
|Share Class Currency||GBP|
|Share Class Registrations||GB|
|Authorised Corporate Director||KBA CONSULTING MANAGEMENT LIMITED|
|Depository||Northern Trust Fiduciary Services (Ireland) Limited|
|Registrar||Northern Trust International Fund Administration Services (Ireland) Limited|
|AIFM||KBA CONSULTING MANAGEMENT LIMITED|
|Fund Administrator||Northern Trust|
|Share class||Currency||ISIN||Distrib.||Type||Launch date||Management fee|
The OCF figure shown is estimated.
* TER includes performance fee where applicable