AH Credit UCITS Index
The Alternative UCITS Credit sector is one of the more difficult areas to develop a consistent analytical framework for, given the multiple dimensions across which credit funds can operate. Examples include the instruments they trade (sovereigns, corporate cash, etc), their sensitivity to factors such as duration, credit spreads, etc, and their targetted outcomes. With the express aim of capturing the wide breadth of sectors which are at the disposal of credit managers, we have developed a classification approach which clusters funds into five main sub-categories:
1) Corporate Long/Short: this cohort of managers attempt to generate alpha predominantly from fundamental long and short positions in corporate credit. Despite the diversity of investment styles (Directional, Market Neutral) the majority of funds in this sub-category uses cash bonds, CDS, and derivatives on credit indices, and seek to generate alpha from these positions.
2) Multi-Sector Credit: a Multi-Sector, and often Multi-Strategy, approach to global credit investing. Although fundamental analysis remains important, asset allocation remains a core driver of returns for these funds, with managers dynamically allocating capital to the most attractive risk-adjusted opportunities, depending on the prevailing macro environment.
3) Alternative Credit: this is, by far, the most diverse set of funds and includes those trading specialist sub-categories of the credit universe, typically from the long side. Examples include Structured Credit (ABS, CLOs, etc), Insurance Linked Securities (ILS) and Emerging Market Debt (EMD).
4) Fixed Income Arbitrage: this relatively small cohort of funds includes specialist managers who run pure RV fixed income strategies, where performance is predominately driven by the manager’s ability to exploit pricing relationships, e.g. curves’ trades, correlation trades and capital structure trades, etc.
5) Convertible Bonds: managers attempt to generate absolute returns using a variety of different strategies exploiting the asymmetry that comes with convertible bonds as well as the potential for various arbitrages to be exploited. Incremental gains can be generated through 'gamma trading' which monetises volatility by actively trading the underlying hedges.
Performance
Monthly Returns
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.4 | 0.4 | 0.8 | |||||||||||
2023 | 1.6 | -0.3 | -0.1 | 0.4 | 0.1 | 0.4 | 0.9 | 0.1 | 0.0 | -0.3 | 1.9 | 1.8 | 6.6 | |
2022 | -0.6 | -0.9 | 0.0 | -1.1 | -0.5 | -2.3 | 1.0 | 0.1 | -1.8 | 0.1 | 1.4 | 0.5 | -4.2 | |
2021 | 0.3 | 0.4 | -0.1 | 0.4 | 0.1 | 0.2 | -0.1 | 0.2 | 0.0 | -0.2 | -0.5 | 0.3 | 1.0 | |
2020 | 0.3 | -0.1 | -5.3 | 1.9 | 1.5 | 1.5 | 1.3 | 0.8 | -0.1 | 0.1 | 2.1 | 0.9 | 4.8 | |
2019 | 1.2 | 0.4 | 0.2 | 0.5 | -0.3 | 1.0 | 0.3 | -0.3 | 0.3 | 0.4 | 0.0 | 0.7 | 4.5 | |
2018 | 0.6 | -0.3 | -0.5 | 0.0 | -0.7 | -0.2 | 0.3 | -0.3 | 0.1 | -0.6 | -0.7 | -0.4 | -2.7 | |
2017 | 0.4 | 0.3 | 0.0 | 0.2 | 0.1 | 0.1 | 0.3 | 0.0 | -0.1 | 0.3 | -0.1 | 0.0 | 1.5 | |
2016 | -0.7 | -0.3 | 0.7 | 0.8 | 0.1 | 0.1 | 0.8 | 0.5 | 0.1 | 0.5 | -0.5 | 0.6 | 2.6 | |
2015 | 0.3 | 0.6 | 0.1 | 0.4 | 0.1 | -0.6 | -0.2 | -0.5 | -0.7 | 0.3 | -0.3 | -0.8 | -1.2 | |
2014 | 0.3 | 0.7 | 0.2 | 0.3 | 0.3 | 0.2 | -0.2 | 0.0 | -0.3 | -0.3 | 0.0 | -0.6 | 0.6 | |
2013 | 0.7 | 0.2 | 0.0 | 0.6 | 0.3 | -0.8 | 0.6 | 0.1 | 0.5 | 0.8 | 0.1 | 0.3 | 3.4 | |
2012 | 1.2 | 1.1 | 0.1 | -0.2 | -0.1 | 0.5 | 0.6 | 0.5 | 0.5 | 0.6 | 0.4 | 0.6 | 6.0 | |
2011 | 0.4 | 0.5 | 0.4 | 0.2 | 0.2 | -0.3 | 0.0 | -1.3 | -1.4 | 1.1 | -0.6 | 0.3 | -0.5 | |
2010 | 0.7 | 0.4 | 1.9 | 0.6 | -1.5 | -0.1 | 1.3 | 0.4 | 0.7 | 0.4 | -0.3 | 0.4 | 4.8 | |
Show all |
Index Constituents
Name | Inception Date | Sub-Strategy | Geography | AUM | AMC | Perf. Fee | Hurdle | Min Inv. | Liquidity | MTD | YTD | 2023 | 1W | 1M | 3M | 6M | 1Y | 2Y | 3Y | ISIN | Liquidity | Domicile | Inv. Adviser | Portfolio Manager | UN PRI Signatory | Companywide ESG Policy | SFDR | ESG Data Integration | Active Ownership | ESG Exclusion List | Return Consistency Percentile Rank |
Performance Percentile Rank |
Diversifier Percentile Rank |
Downside Protection Percentile Rank |
Low Risk Percentile Rank |
||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Miralta Sequoia | Oct 2017 | Global | £85m | 0.75% | Daily | 0.0 | ES0173368012 | Daily | Rentamarkets Investment Man... | Ignacio Fuertes | 37 | 47 | 5 | 30 | 62 | ||||||||||||||||||||||
Candriam Long Short Credit | Oct 2009 | Global | £364m | 0.50% | 20% | Yes | 0 | Daily | 1.2 | 3.8 | 0.1 | 0.5 | 1.3 | 3.1 | 5.5 | 5.6 | 5.3 | FR0010760694 | Daily | France | Candriam | Patrick Zeenni, CFA, Philip... | Yes | Yes | Article 6 | No | Yes | Yes | 80 | 40 | 48 | 61 | 95 | ||||
Longchamp Solferino Credit Fund | Jan 2020 | Europe | £55m | 1.00% | 10% | Yes | 100,000 | Weekly | 0.0 | FR0013442597 | Weekly | France | Longchamp Asset Management | Jean Fau | No | No | Article 6 | No | N/A | N/A | 23 | 52 | 29 | 16 | 18 | ||||||||||||
Legal & General Strategic Bond | Apr 2007 | Global | £519m | 0.60% | 0% | 100,000 | Daily | 3.2 | 6.1 | 0.3 | 2.2 | 3.1 | 9.8 | 11.5 | 11.3 | 5.8 | GB00B1TWMW95 | Daily | UK | Legal & General Investment ... | Richard Hodges | 37 | 42 | 17 | 32 | 32 | |||||||||||
Morgan Stanley Sustainable Fixed Income Opportunities Fund | Dec 2020 | Global | £29m | 0.45% | Daily | 0.7 | 6.5 | 0.0 | 0.9 | 0.5 | 5.8 | 5.9 | 2.4 | -0.7 | GB00BNKVP424 | Daily | UK | Morgan Stanley IM | Leon Grenyer | 18 | 20 | 11 | 31 | 44 | |||||||||||||
CIFC Global Floating Rate Credit Fund | Jan 2019 | Global | £65m | 0.70% | 0% | No | 1,000,000 | Weekly | 4.7 | 20.0 | 0.6 | 1.7 | 4.9 | 10.7 | 22.8 | IE0009SO3I10 | Weekly | Ireland | CIFC | Jay Huang | Yes | Yes | Article 6 | Yes | N/A | N/A | 51 | 84 | 24 | 44 | 44 | ||||||
Man GLG Convertible Arbitrage Alternative | May 2021 | US | £48m | 1.00% | 20% | No | 1,000,000 | Daily | 1.2 | 0.0 | 0.1 | 0.7 | 1.2 | 2.8 | 1.6 | 3.9 | IE000B6H4RR4 | Daily | Ireland | Man Group Plc | Gil Song | Yes | Yes | Article 6 | No | N/A | N/A | ||||||||||
U ACCESS (IRL) Brigade Credit Long/Short UCITS | Sep 2022 | Global | £59m | 0.75% | 12.5% | No | 5,000,000 | Weekly | 2.1 | 9.1 | 0.4 | 0.8 | 2.0 | 5.9 | 11.3 | IE000IH81WY2 | Weekly | Ireland | Brigade Capital Management LP | No | No | Article 6 | No | N/A | N/A | ||||||||||||
Ironshield High Yield Alpha Fund | Aug 2022 | Europe | £37m | 1.00% | 15% | No | 100,000 | Daily | 9.3 | 3.4 | 7.1 | IE000IZZWOT0 | Daily | Ireland | Ironshield Capital Management | No | No | Article 6 | No | N/A | N/A | ||||||||||||||||
Variety CKC Credit Opportunity Fund | Nov 2021 | US | £104m | 1.20% | 15% | No | 1,000,000 | Daily | 1.3 | 5.0 | 0.1 | 0.5 | 1.3 | 3.2 | 5.4 | 7.1 | IE000L7H9JC0 | Daily | Ireland | CKC Capital LLC | Christopher Yanney, Christo... | No | No | Article 6 | No | N/A | N/A | ||||||||||
Selwood ESG Credit | Aug 2023 | Europe | £18m | 1.00% | 10% | Yes | 1,000,000 | Daily | 0.0 | -0.1 | 1.1 | -0.4 | 4.9 | IE000NWFI5E1 | Daily | Ireland | Selwood Asset Management | Mathieu Labelle and Thibaul... | Yes | Yes | Article 8 | Yes | N/A | Yes | |||||||||||||
Man GLG Emerging Markets Corporate Credit Alternative | Feb 2023 | Emerging Markets | 1.00% | 20% | No | 1,000,000 | Daily | 0.0 | IE000WTHI093 | Daily | Ireland | Man Group Plc | Yes | Yes | Article 6 | No | N/A | N/A | |||||||||||||||||||
Rubrics Global Fixed Income | Oct 2006 | Global | £144m | 0.70% | 100,000 | Daily | -0.9 | 2.7 | 0.5 | 0.7 | -1.0 | 3.9 | 0.9 | -1.9 | -5.0 | IE00B1FQCG91 | Daily | Ireland | Rubrics Asset Management | Steven O'Hanlon | 7 | 15 | 23 | 33 | 43 | ||||||||||||
Lazard Emerging Markets Total Return Debt | Nov 2010 | Emerging Markets | £26m | 0.75% | 20% | 250,000 | Daily | -0.6 | 7.4 | 0.2 | 0.9 | -0.6 | 7.7 | 4.4 | -1.8 | -10.3 | IE00B4PRR915 | Daily | Ireland | Lazard Asset Management | Denise Simon, Arif Joshi | Article 8 | 10 | 9 | 3 | 7 | 6 | ||||||||||
HI Numen Credit Fund | Oct 2012 | Global | £98m | 1.50% | 15% | Weekly EURIBOR +1% | 500,000 | Weekly | 1.9 | -7.9 | 1.6 | 0.8 | 1.9 | -7.0 | -6.9 | -10.0 | -14.3 | IE00B4ZWPV43 | Weekly | Ireland | Hedge Invest SGR p.A. | Filippo Lanza | 18 | 13 | 58 | 28 | 11 | ||||||||||
GAM Star Cat Bond | Oct 2011 | Global | £2.2b | 1.10% | 10% | No | 20,000,000 | Biweekly | 3.5 | 15.5 | 0.3 | 0.9 | 3.8 | 7.4 | 15.6 | 15.4 | 20.6 | IE00B5BJCL51 | Biweekly | Ireland | GAM Investments | Fermat Capital Management LLC | No | No | Article 6 | No | N/A | N/A | 75 | 79 | 34 | 51 | 68 | ||||
FTGF Legg Mason Brandywine Global Fixed Income Absolute Return | Apr 2012 | Global | £152m | 0.90% | 0% | No | 15,000,000 | Daily | -1.1 | 3.0 | 0.4 | 1.2 | -1.2 | 7.2 | 1.4 | 0.5 | -1.5 | IE00B5M0G930 | Daily | Ireland | Brandywine | David F Hoffman, Jack McInt... | Yes | Yes | Article 6 | No | N/A | N/A | 11 | 22 | 22 | 18 | 29 | ||||
Aegon Absolute Return Bond | Sep 2011 | Global | £204m | 0.30% | 0% | 500,000 | Daily | 1.4 | 6.2 | 0.0 | 0.7 | 1.4 | 4.3 | 7.1 | 7.4 | 6.8 | IE00B6SPX874 | Daily | Ireland | Aegon Asset Management | Stephen Snowden, Colin Finl... | Article 6 | 74 | 48 | 23 | 56 | 94 | ||||||||||
Cheyne Global Credit Fund | Apr 2012 | Global | £95m | 1.00% | 10% | 1,000,000 | Weekly | 1.9 | 10.5 | 0.1 | 0.9 | 1.8 | 4.9 | 11.2 | 10.5 | 8.1 | IE00B76XH336 | Weekly | Ireland | Cheyne Capital | Sean Boland | 27 | 49 | 7 | 27 | 44 | |||||||||||
Muzinich Long Short Credit Yield | Jun 2012 | Global | £278m | 1.00% | 10% | 100,000 | Weekly | 0.6 | 5.3 | 0.5 | 2.8 | 6.2 | 2.8 | 2.3 | IE00B85RQB47 | Weekly | Ireland | Muzinich & Co. Inc | Brian Lieberman, Greg Temo | Article 8 | 47 | 35 | 15 | 44 | 64 | ||||||||||||
BNY Mellon Absolute Return Bond | Mar 2012 | Global | £253m | 0.65% | 500,000 | Daily | 3.0 | 8.2 | 0.2 | 0.9 | 3.0 | 6.4 | 11.5 | 13.1 | 13.6 | IE00B8G10T17 | Daily | Ireland | BNY Mellon Asset Management | Peter Bentley, Andrew Wickham | Article 6 | 86 | 66 | 69 | 68 | 96 | |||||||||||
FTGF Legg Mason Brandywine Global Income Optimiser Fund | Jun 2013 | Global | £936m | 0.55% | 15,000,000 | Daily | 0.2 | 7.2 | 0.0 | 0.9 | 0.1 | 7.6 | 6.0 | -2.4 | -7.5 | IE00BBT3JP45 | Daily | Ireland | Brandywine | Article 8 | 4 | 12 | 12 | 13 | 16 | ||||||||||||
Concise Short Term High Yield UCITS Fund | Nov 2016 | US | £86m | 1.00% | 0% | No | 1,000,000 | Daily | 2.6 | 8.7 | 0.3 | 1.2 | 2.8 | 6.0 | 10.7 | 9.4 | 17.1 | IE00BD046N77 | Daily | Ireland | Concise Capital Management | Tom Krasner | No | Yes | Article 6 | Yes | N/A | N/A | 93 | 84 | 32 | 50 | 92 | ||||
Twelve Cat Bond Fund | Feb 2018 | Global | £2.3b | 0.90% | 0% | No | 1,000,000 | Weekly | 3.2 | 11.8 | 0.1 | 0.9 | 3.3 | 6.1 | 13.1 | 9.7 | 11.4 | IE00BD2B9M61 | Weekly | Ireland | Twelve Capital | Florian Steiger, Etienne Sc... | Yes | Yes | Article 8 | Yes | N/A | N/A | 84 | 81 | 46 | 63 | 92 | ||||
PIMCO GIS Mortgage Opportunities | Jan 2017 | US | £727m | 0.69% | Daily | 1.5 | 7.0 | 0.3 | 1.2 | 1.5 | 5.4 | 7.2 | 2.2 | 1.2 | IE00BD38JM62 | Daily | Ireland | PIMCO Asset Management | Joshua Anderson | Article 6 | 29 | 28 | 9 | 33 | 46 | ||||||||||||
MontLake Advent Global Partners UCITS | Jul 2016 | Global | £60m | 1.00% | 20% | No | 5,000,000 | Daily | 1.5 | 7.2 | 0.1 | 0.9 | 1.3 | 6.8 | 7.7 | 6.2 | 6.3 | IE00BD3CR131 | Daily | Ireland | Advent Capital Management LLC | Odell Lambroza, Tracy V. Ma... | Yes | Yes | Article 8 | Yes | N/A | Yes | 23 | 44 | 47 | 37 | 57 | ||||
Liontrust GF Absolute Return Bond Fund | Jun 2018 | Global | £96m | 0.40% | 5,000,000 | Daily | 1.1 | 7.1 | 0.1 | 0.7 | 1.1 | 4.4 | 6.6 | 6.4 | 4.3 | IE00BD85PP71 | Daily | Ireland | Liontrust Asset Management | David Roberts, Phil Milburn... | Article 8 | 31 | 36 | 4 | 39 | 66 | |||||||||||
Polar Capital Global Absolute Return | Dec 2018 | Global | £79m | 1.00% | 15% | 0 | Daily | 2.2 | 4.2 | 0.3 | 1.9 | 1.9 | 6.7 | 6.6 | 6.3 | 8.5 | IE00BDTYJB74 | Daily | Ireland | Polar Capital | David Keetley, Stephen McCo... | Article 8 | 74 | 56 | 30 | 38 | 79 | ||||||||||
Tenax ILS UCITS Fund | Jun 2017 | Global | £85m | 0.70% | 20% | Yes | 1,000,000 | Biweekly | 0.0 | IE00BDVK6P68 | Biweekly | Ireland | Tenax Capital Ltd | Marco della Giacoma | No | No | Article 6 | No | N/A | N/A | 69 | 77 | 35 | 43 | 61 | ||||||||||||
Muzinich European Credit Alpha | Oct 2017 | Europe | £284m | 0.65% | 20% | Yes | 5,000,000 | Daily | 1.6 | 10.7 | -0.1 | 0.4 | 1.6 | 7.7 | 11.8 | 8.3 | 6.2 | IE00BF4K8391 | Daily | Ireland | Muzinich & Co. Inc | Thomas Samson, Hugo Squire | Yes | Yes | Article 8 | Yes | N/A | Yes | 33 | 47 | 4 | 21 | 31 | ||||
Federated Hermes Unconstrained Credit Fund | Oct 2018 | Global | £982m | 0.65% | 100,000 | Daily | 1.3 | 9.3 | 0.3 | 1.4 | 1.3 | 9.1 | 9.9 | 2.4 | -1.1 | IE00BFZMZF58 | Daily | Ireland | Federated Hermes | Fraser Lundie, Andrew Jacks... | Article 8 | 2 | 7 | 0 | 11 | 8 | |||||||||||
Lazard Rathmore Alternative Fund | May 2018 | Global | £1.4b | 1.25% | 20% | 1,000,000 | Daily | 2.8 | 6.0 | 0.1 | 0.9 | 3.0 | 3.0 | 6.5 | 3.7 | 6.1 | IE00BG1V1444 | Daily | Ireland | Lazard Asset Management | Yes | Yes | Article 8 | Yes | Yes | Yes | 57 | 52 | 45 | 44 | 60 | ||||||
U Access (IRL) GCA Credit Long Short | Feb 2019 | Global | £256m | 1.30% | 15% | Weekly | 1.0 | 4.7 | 0.1 | 0.2 | 0.9 | 2.8 | 4.4 | 3.7 | 4.7 | IE00BH47R594 | Weekly | Ireland | Global Credit Advisers | Steven Hornstein | Article 6 | 77 | 43 | 13 | 53 | 86 | |||||||||||
MontLake Ironshield Credit Fund | Mar 2020 | Global | £109m | 1.50% | 15% | 100,000 | Weekly | -4.1 | 7.7 | 0.1 | 0.6 | -4.0 | -0.3 | 6.3 | -8.8 | 0.6 | IE00BJBY6V60 | Weekly | Ireland | Ironshield Capital Management | David Nazar, Luca Moro | 44 | 80 | 95 | 60 | 31 | |||||||||||
BNY Mellon Absolute Return Global Convertible Fund | May 2019 | Global | £59m | 0.75% | 15% | 15,000,000 | Daily | 2.7 | -0.4 | 0.5 | 1.5 | 2.8 | 5.2 | 3.9 | -1.1 | -1.9 | IE00BJQR5F71 | Daily | Ireland | Insight, a BNY Mellon Company | Frank Campana, James Doolin | Article 6 | 18 | 19 | 50 | 50 | 52 | ||||||||||
AXA IM Wave Cat Bond Fund | Jan 2017 | Global | £147m | 1.00% | 0% | No | 1,000,000 | Weekly | 3.2 | 16.0 | 0.3 | 1.2 | 3.4 | 6.7 | 15.6 | 17.2 | 22.1 | IE00BJXFRC58 | Weekly | Ireland | AXA Investment Managers | Yes | Yes | Article 6 | Yes | N/A | N/A | 78 | 62 | 40 | 53 | 75 | |||||
CIFC Long/Short Credit Fund | Aug 2020 | Global | £449m | 0.50% | 10% | 5,000,000 | Daily | 1.2 | 4.7 | 0.0 | 0.5 | 1.1 | 3.2 | 5.2 | 7.0 | 8.9 | IE00BK7ZST21 | Daily | Ireland | CIFC | Jason Horowitz | 100 | 56 | 26 | 65 | 100 | |||||||||||
Redhedge Relative Value UCITS Fund | Mar 2021 | Europe | £128m | 1.00% | 20% | No | 100,000 | Daily | 0.6 | 1.2 | 0.1 | 0.3 | 0.6 | 0.5 | 1.5 | 4.0 | 3.5 | IE00BKPKGX98 | Daily | Ireland | Redhedge Asset Management | Andrea Seminara | No | Yes | Article 8 | No | N/A | N/A | |||||||||
Federated Hermes Multi-Strategy Credit Fund | May 2014 | Global | £174m | 0.65% | 100,000 | Daily | 1.4 | 8.8 | 0.2 | 1.2 | 1.4 | 8.3 | 10.1 | 4.3 | 0.5 | IE00BKRCNH63 | Daily | Ireland | Federated Hermes | Fraser Lundie, Andrey Kuzne... | Article 8 | 10 | 13 | 2 | 15 | 13 | |||||||||||
FTGF Legg Mason Brandywine Global Credit Opportunities | Jun 2014 | Global | £16m | 1.15% | 0% | No | 15,000,000 | Daily | 3.2 | -1.1 | 0.1 | 2.0 | 3.3 | 5.9 | 4.3 | 4.4 | 4.2 | IE00BMMV5W18 | Daily | Ireland | Brandywine | Brian Kloss, Tracy Chen | Yes | Yes | Article 6 | No | N/A | N/A | 16 | 37 | 80 | 86 | 78 | ||||
Ardea Global Alpha Fund | Mar 2021 | Global | £296m | 0.55% | 0% | No | 100,000 | Daily | 0.3 | 3.0 | -0.1 | -0.5 | 0.2 | 1.0 | 2.8 | 6.9 | IE00BMPRV397 | Daily | Ireland | Ardea Investment Management | Ben Alexander, Gopi Karunak... | Yes | Yes | Article 8 | Yes | N/A | N/A | ||||||||||
Butler Credit Opportunities UCITS Fund | May 2017 | Europe | £788m | 1.10% | 20% | 100,000 | Daily | 1.8 | 9.6 | -0.1 | 0.4 | 1.8 | 5.9 | 9.4 | 8.3 | 9.5 | IE00BMVX1H59 | Daily | Ireland | ML Capital Asset Management | Laurent Kenigswald | 62 | 59 | 8 | 39 | 74 | |||||||||||
Tabula Liquid Credit Income UCITS Fund | Dec 2021 | Global | £153m | 0.95% | 0% | No | 1,000 | Daily | 4.6 | 21.0 | -0.2 | 2.6 | 4.6 | 14.4 | 25.0 | IE00BN92ZH94 | Daily | Ireland | Tabula Capital | Danny White | No | No | Article 6 | No | N/A | N/A | |||||||||||
Royal London Absolute Return Government Bond Fund | Nov 2014 | Global | £1.3b | 0.50% | 1,000,000 | Daily | 1.5 | 6.1 | 0.1 | 0.5 | 1.6 | 4.0 | 6.6 | 10.9 | 10.6 | IE00BP3QZQ03 | Daily | Ireland | Royal London Asset Management | Darren Bustin & Paul Rayner | 92 | 57 | 64 | 69 | 100 | ||||||||||||
Amundi Chenavari Credit Fund | Jun 2015 | Europe | £481m | 1.40% | 20% | 100,000 | Daily | 1.5 | 7.7 | 0.0 | 0.6 | 1.5 | 7.6 | 10.0 | 10.0 | 10.5 | IE00BWBXTM69 | Daily | Ireland | Chenavari Investment Managers | Demian Brasil | Article 6 | 85 | 62 | 47 | 56 | 90 | ||||||||||
Hermes Absolute Return Credit Fund | May 2015 | Global | £236m | 0.70% | 100,000 | Daily | 1.3 | 4.9 | 0.1 | 0.8 | 1.4 | 5.4 | 6.3 | 3.5 | 1.0 | IE00BWFRCV46 | Daily | Ireland | Hermes Investment Management | Fraser Lundie | Article 8 | 22 | 27 | 1 | 33 | 46 | |||||||||||
Algebris Global Credit Opportunities Fund | Jul 2016 | Global | £814m | 0.90% | 15% | 500,000 | Daily | 3.5 | 11.8 | 0.2 | 1.2 | 3.5 | 9.5 | 17.5 | 15.6 | 9.1 | IE00BYT35D51 | Daily | Ireland | Algebris (UK) Limited | Gabriele Foà, Samuel Sibony | Yes | Article 8 | 23 | 51 | 15 | 23 | 39 | |||||||||
Leadenhall UCITS ILS Cat Bond Fund | Dec 2015 | Global | £478m | 1.00% | 0% | No | 250,000 | Biweekly | 0.0 | IE00BYTQ6H57 | Biweekly | Ireland | Leadenhall Capital Partners... | Ben Adolph, Lionel Daniele,... | Yes | Yes | Article 8 | Yes | N/A | N/A | 76 | 82 | 64 | 81 | 33 | ||||||||||||
Bramshill UCITS Income Performance Fund | Mar 2018 | US | £168m | 0.65% | 0% | No | 100,000 | Daily | 1.5 | 6.9 | 0.5 | 1.1 | 1.5 | 7.6 | 8.9 | 5.4 | 2.3 | IE00BYVLFB58 | Daily | Ireland | Bramshill Investments LLC | Art DeGaetano | Yes | Yes | Article 6 | Yes | N/A | N/A | 18 | 26 | 20 | 27 | 49 | ||||
Securis Catastrophe Bond Fund | Mar 2016 | Global | £190m | 0.65% | 0% | No | 100,000 | Biweekly | 3.2 | 16.7 | 1.3 | 3.7 | 7.0 | 16.3 | 17.6 | 21.9 | IE00BYYCCZ85 | Biweekly | Ireland | Securis Investment Partners... | Yes | Yes | Article 6 | No | N/A | N/A | 78 | 82 | 33 | 53 | 74 |