Investment Objective
The Cheyne Global Credit Fund is an actively managed, long biased, UCITS IV compliant Fund offering weekly liquidity. The Fund positions investment grade and crossover credit positions, primarily in North America and Europe. The credit exposure is sourced through credit derivative instruments and cash bonds and the Fund may use synthetic short positions for hedging purposes.
Reference Index
LIBOR
Latest Meeting Note
Meeting Report 03 Jul 2014
We have met with Sean Boland (PM) on several occasions to discuss this strategy and have been impressed by both the innovative nature of the investment process and the role that the fund can play in portfolios. Since launch the fund has ... Read more
We have met with Sean Boland (PM) on several occasions to discuss this strategy and have been impressed by both the innovative nature of the investment process and the role that the fund can play in portfolios. Since launch the fund has generated a strong return stream for investors and significantly outperformed corporate bond indices. Despite broad spread tightening Boland is still identifying good value in IG credit risk and is very confident that he can continue to generate attractive returns.
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.9 | 1.0 | 0.1 | 0.1 | 0.8 | 0.7 | 0.9 | 1.0 | 0.0 | 0.3 | 0.1 | 0.2 | 0.7 | |
2022 | 0.2 | 0.3 | 0.6 | 0.1 | 0.1 | 0.4 | 0.8 | 0.3 | 0.6 | 0.1 | 0.4 | 0.2 | 0.3 |