Barings European Loan Fund
ISIN:IE00B6YX4Y87
as of 31/10/2019
as of 31/10/2019
as of 31/10/2019
as of 31/10/2019
18.73% North America
0.72% Rest of World
Fund Facts
| Fund Type | Qualifying Investor Alternative Investment Fund |
| Inception Date | 31/08/2011 |
| Domicile | Ireland |
| Asset Class | Fixed Income |
| Distributions | Quarterly |
| Dealing Frequency | Daily |
Share Class Info
| Share Class | C |
| ISIN | IE00B6YX4Y87 |
| Currency | EUR |
| Accumulating / Distributing | Distributing |
| Share Class Inception Date | 28/02/2013 |
| Admin., Depository & Operating Expenses | Capped at 12.5bps per annum |
| Management Charges | 0.70% |
Objective
The Barings European Loan Fund seeks to provide investors with current income and, where appropriate, capital appreciation.
Strategy
The Barings European Loan Fund seeks to achieve its objective by investing primarily in senior secured loans, as well as in senior secured notes issued by European companies. The Fund will also invest, to a lesser extent, in senior secured loans and senior bonds issued by North American companies (subject to a limit of 20% of Net Asset Value).
Who Should Invest
The Fund is designed for investors seeking to benefit from a strategy that provides high current income generation and, where appropriate, capital appreciation.
Risks
The value of investments and the income they provide can fall as well as rise and investors may not get back the amount originally invested. The Fund invests in high yield bonds. The value of these investments tends to be more volatile than investment grade bonds.
The information available on this website is not an offer to sell or an invitation to apply for this product and is by way of information only, nor is the information available on this website intended as an offering of this product to US Persons. Depending on your jurisdiction, you may not have access to this product. Individual investors should contact their financial advisor before investing in this product. The Key Investor Information Document (KIID), if applicable, must be received and read before investing. All other relevant documents relating to the product such as the Report and Accounts and Prospectus should also be read. The information available on this website does not constitute investment, tax, legal or other advice or recommendation.
Portfolio as of 31/10/2019
Average Duration
0.47 yrs
Number of Issuers
142 issuers
Portfolio Assets Composition
Quality Distribution
| Ratings | % of Assets |
| BA | 4.53% |
| B | 73.63% |
| CAA AND BELOW | 10.06% |
| NR | 11.78% |
| Total | 100.00% |
Top 5 Countries
| Country | % of Assets |
| UNITED KINGDOM | 26.10% |
| GERMANY | 19.94% |
| UNITED STATES | 18.73% |
| FRANCE | 9.12% |
| NETHERLANDS | 8.23% |
| Total | 82.12% |
Top 10 Holdings
| Holding | % of Assets |
| ENDEMOL | 3.33% |
| VERITAS | 3.20% |
| ADVANZ PHARMA (FKA CONCORDIA INTERNATIONAL CORP.) | 2.33% |
| FLINT GROUP | 2.24% |
| AENOVA | 2.08% |
| VERISURE (FKA SECURITAS DIRECT) | 1.98% |
| LOWELL (FKA GFKL) | 1.98% |
| SPRINGER NATURE | 1.72% |
| ION TRADING TECHNOLOGIES | 1.69% |
| AWAZE (FKA WYNDHAM VACATION RENTALS EUROPE) | 1.60% |
| Total | 22.15% |
Documents
Portfolio Managers
Martin Horne
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