Investment Objective
XAIA Credit Debt Capital targets a steady return of 3 Month Euribor plus 4.5% p.a. net of fees. The fund takes advantage of the dislocations in the bond and stock markets to generate a market neutral return. The investment universe consists of all instruments over a company's entire capital structure. Credit, interest rate and currency risks inherent in these instruments are almost entirely eliminated using the corresponding hedging techniques.
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.3 | 1.0 | 0.5 | 0.6 | 0.1 | 0.4 | 1.0 | 0.8 | 0.3 | 0.3 | 0.6 | 0.5 | 0.1 | |
2022 | 0.3 | 0.2 | 1.0 | 0.0 | 0.2 | 0.5 | 0.3 | 0.4 | 0.6 | 0.8 | 0.6 | 0.9 | 0.8 |