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Euro Secured Loans Fund

Overview

INVESTMENT OBJECTIVE

To aim to generate investment returns by investing in a diversified portfolio of European secured loans and sub participations in secured loans with a minimum instrument credit rating of B3/B- or higher. At least 75% of the loan portfolio will be in European secured loans. Non-Euro denominated investments will be hedged back to Euros (the base currency of the Fund). The Fund may also invest in other senior secured floating rate notes, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes.

Portfolio Management

Tim Elliot

Portfolio Manager

Industry since 1997. Joined Firm in 2014.

David Huang, CFA

Portfolio Manager

Industry since 2011. Joined Firm in 2022.

Performance

Portfolio

Top Holdings (As of 31/05/2026)
% of Fund
Cognta Tl B3a 1l EUR 04/29 1.46
Syabgr Tl B 1l EUR 04/31 1.37
Zentiv Tl B 1l EUR 01/33 1.36
Nord Tl B 1l EUR 01/32 1.36
Ifcof Tl B 1l EUR 12/32 1.35
Ememat Tl B 1l EUR 06/29 1.33
Beaupa Tl B 1l EUR 08/31 1.30
Lsfpil Tl B 1l EUR 04/33 1.28
Gatesw Tl B 1l EUR 06/32 1.28
Sazkag Tl B3 1l EUR 03/32 1.28
TOTAL 13.38

Documents