Altavero Capital Europe Credit Fund USD Class
A USD-denominated investment option providing access to income-focused credit strategies.
USD 6 MONTH FIXED TERM CREDIT
6 MONTHS PERIOD
0
% p.a.
USD TARGET INCOME PAYABLE QUARTERLY
USD 12 MONTH FIXED TERM CREDIT
1 YEAR PERIOD
8.
0
% p.a.
USD TARGET INCOME PAYABLE QUARTERLY
Overview
The European Credit Fund – USD Class is designed to provide income in USD through investments in secured, property-backed credit. The strategy focuses on a diversified portfolio of mortgages supported by residential and commercial assets.
Fund Information
| CURRENCY | EUR – Capital Hedged into USD |
|---|---|
| TRADING | Monthly Dealing, 6-Month or 12-Month Fixed Term |
| UNDERLYING ASSETS | European Dollar Bank Deposits, Registered Mortgages and Property Backed Securities with capital hedge to USD. |
| DISTRIBUTIONS | Quarterly |
| INVESTMENT AMOUNT | Minimum USD $100,000 |
| EXIT FEES | Nil when held to maturity |
| INVESTMENT MANAGER & TRUSTEE | Altavero Capital |
| MORTGAGE SERVICER | Brighten Financial Pty Ltd |
| FX HEDGE COUNTERPARTY | Major Trading Banks |
| AUDITOR | Deutsche Bank Foundation |
| 1 MONTH | 3 MONTH | 6 MONTH | 1 YEAR | 2 YEAR P.A. | 3 YEAR P.A. | 5 YEAR P.A. | SINCE INCEPTION P.A. | SINCE INCEPTION CUMULATIVE | INCEPTION DATE | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6 MONTH FIXED TERM ACCOUNT (6 MONTH PERIOD) | 0.51% | 1.56% | 2.96% | 5.69% | - | - | - | 5.61% | 7.09% | JUN 23 |
| 12 MONTH FIXED TERM CREDIT (1 YEAR PERIOD) | 0.45% | 1.39% | 2.78% | 5.63% | 5.56% | - | - | 4.99% | 13.87% | JAN 22 |