AcenciA Debt Strategies

Overview

Fund Strategy Credit
Fund Geography Global
Investment Advisor Sandalwood
Portfolio Manager Marty Gross
Fund Currency GBP
Fund AUM £62m
Fund AUM as of 31 March 2015
Fund Inception 24 November 2005
Fund Indices AH Credit UCITS Index

Fund Objective

AcenciA Debt Strategies is a listed closed-ended investment vehicle and is traded on the London Stock Exchange. Its investment objective is to produce annual returns in excess of 3-month Sterling LIBOR plus 5 per cent over a rolling 3-year period, with annual standard deviation of under 5 per cent.

The Company's investment policy is to invest in and actively manage a portfolio of predominantly debt orientated hedge funds. The Company does not use leverage other that for short-term working capital needs. In addition, the portfolio has minimal gearing at the underlying fund level. The Company's foreign exchange exposures are hedged back to sterling.

The Company's dividend policy is to pay an annualised dividend equal to 3.5% of Net Asset Value by means of interim dividend payments.

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