Algebris Financial Income I EUR Acc/  IE00BCZNWT08  /

Fonds
NAV12/5/2019 Chg.+0.3400 Type of yield Investment Focus Investment company
146.3500EUR +0.23% reinvestment Mixed Fund Worldwide Algebris (UK) 

Investment strategy

The Algebris Financial Income Fund (the Fund) aims to maximise income and generate growth of your investment taking account of investment risks. The Fund intends to invest in the financial sector globally, primarily in shares that pay a high dividend (for example, ordinary shares, depositary receipts and preference shares) and debt securities (for example, government bonds and corporate bonds) with fixed and variable interest rates, which may be rated investment grade or below investment grade. The Fund may also invest in equities and other financial instruments, including convertible securities (bonds that can be converted into shares), hybrid securities (instruments that combine the characteristics of bonds and shares), contingent convertible instruments (CoCo Bonds) (bonds that can be converted into shares or its principal amount may be written down if a pre-specified trigger event occurs), subordinated debt, exchange traded notes (ETNs) (a type of debt security, in order to gain exposure to an eligible index, market or asset class), exchange traded funds (ETFs) (securities that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange) and other collective investment schemes. During times of high levels of market movements (volatility) the Fund may invest substantially in deposits.
 

Investment goal

The Algebris Financial Income Fund (the Fund) aims to maximise income and generate growth of your investment taking account of investment risks. The Fund intends to invest in the financial sector globally, primarily in shares that pay a high dividend (for example, ordinary shares, depositary receipts and preference shares) and debt securities (for example, government bonds and corporate bonds) with fixed and variable interest rates, which may be rated investment grade or below investment grade.
 

Master data

Type of yield: reinvestment
Funds Category: Mixed Fund
Region: Worldwide
Branch: Mixed fund/flexible
Benchmark: -
Business year start: 1/1
Last Distribution: -
Depository bank: HSBC Institutional Trust Services
Fund domicile: Ireland
Distribution permission: Germany, Switzerland, Netherlands, France, Ireland, Italy, Norway, Spain, Luxembourg, Sweden, Finland
Fund manager: -
Fund volume: -
Launch date: 10/10/2013
Investment focus: -

Conditions

Issue surcharge: 0.75%
Max. Administration Fee: 0.90%
Minimum investment: 500,000.00 EUR
Deposit fees: 0.04%
Redemption charge: 0.75%
Ongoing charges (12/31/2018): 1.04%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Algebris (UK)
Address: 1 St James’s Market, SW1Y4AH, London
Country: United Kingdom
Internet: www.algebris.com
 

Assets

Bonds
 
62.64%
Stocks
 
36.16%
Others
 
1.20%

Countries

United States of America
 
31.41%
United Kingdom
 
13.03%
Spain
 
11.11%
Italy
 
10.15%
Netherlands
 
8.55%
Switzerland
 
6.46%
France
 
3.95%
Luxembourg
 
2.25%
Belgium
 
1.83%
Japan
 
1.12%
Austria
 
1.08%
Mexico
 
0.98%
Denmark
 
0.74%
Singapore
 
0.60%
Germany
 
0.57%
Others
 
6.17%

Currencies

US Dollar
 
55.98%
Euro
 
33.31%
British Pound
 
6.88%
Swiss Franc
 
1.53%
Japanese Yen
 
1.12%
Singapore Dollar
 
0.60%
Hong Kong Dollar
 
0.57%
Others
 
0.01%