Flexible Bonds

TwentyFour Sustainable Multi Sector Credit Fund

ISIN
IE00BN4L5481

The investment objective of the Sub-Fund is to seek to achieve an attractive level of income along with the opportunity for capital growth
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NAV
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Performance YTD
As at -

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.

Investment objective:

The investment objective of the Sub-Fund is to seek to achieve an attractive level of income along with the opportunity for capital growth.

Investment approach:

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.

Portfolio Managers

Insights

Fund data
Portfolio Manager TwentyFour Asset Management LLP
Fund Domicile Ireland
Share Class Currency GBP
Distribution type Dist
Distribution frequency Quarterly
Dealing Monthly
Minimum investment 50,000,000.00
ISA/SIPP Eligible No
Fund Registrations GB
Share Class Registrations GB
Fees And Expenses
Management fee 0.60%
OCF 0.70%
Identifiers
ISIN IE00BN4L5481
Bloomberg TFMSCAI ID
Parties
Authorised Corporate Director KBA CONSULTING MANAGEMENT LIMITED
Auditor PricewaterhouseCoopers
Depository Northern Trust Fiduciary Services (Ireland) Limited
Registrar Northern 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 Inc GBP IE00BN4L5481 Dist Institutional 0.60%

The OCF figure shown is estimated.

* TER includes performance fee where applicable

View all documents View latest documents

Document Date EN
Legal Documents
Prospectus Supplement Mar 2021
Sales Prospectus Sep 2020