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Barings European Loan Fund

ISIN:IE00BKWP5C90

Fund Size
as of 30/09/2019
€ 4.66 Billion
Number of Issuers
as of 30/09/2019
141 issuers
Current Yield
as of 30/09/2019
5.40%
Geographic Focus
as of 30/09/2019
81.96% Europe
17.37% North America
0.67% 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 E
ISIN IE00BKWP5C90
Currency JPY
Accumulating / Distributing Accumulating
Management Charges 1.00%

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 30/09/2019

Average Duration

0.43 yrs

Number of Issuers

141 issuers

Portfolio Assets Composition

Quality Distribution

Ratings % of Assets
BA 3.74%
B 73.88%
CAA AND BELOW 11.65%
NR 10.73%
Total 100.00%

Top 5 Countries

Country % of Assets
UNITED KINGDOM 26.06%
GERMANY 21.17%
UNITED STATES 17.37%
FRANCE 9.27%
NETHERLANDS 8.37%
Total 82.24%

Top 10 Holdings

Holding % of Assets
ENDEMOL 3.36%
VERITAS 3.27%
ADVANZ PHARMA (FKA CONCORDIA INTERNATIONAL CORP.) 2.42%
FLINT GROUP 2.39%
AENOVA 2.13%
VERISURE (FKA SECURITAS DIRECT) 2.00%
LOWELL (FKA GFKL) 1.99%
SPRINGER 1.76%
ION TRADING TECHNOLOGIES 1.75%
AWAZE (FKA WYNDHAM VACATION RENTALS EUROPE) 1.62%
Total 22.69%
X

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