Algebris Financial Credit Fund
The Algebris Financial Credit Fund aims to achieve a high level of current income and modest capital appreciation, by offering access to an institutional asset class with higher comparable yields.
The Fund invests in the global financial sector, primarily in fixed and variable interest securities, which may be investment grade or below investment grade, or unrated. The Fund may invest in senior and subordinated debt, hybrid securities (including Tier 1, Upper and Lower Tier 2) and preferred shares.
The Fund invests primarily in subordinated and hybrid debt issued primarily by Global Systemically Important Financial institutions (G-SIFIs) or by “national champions” names in their respective markets.
The Fund’s currency exposure is systematically hedged vis-à-vis the base currency of the Fund (Euro).
The Fund can be classified and treated as a non-complex financial instrument within the meaning of MiFID II..
Produced by MSCI ESG Research as of February 28th 2023
- Inception date: 3rd September 2012
- Domicile: Ireland
- Liquidity: Daily
- Base currency: Euro
- Risk profile (SRRI): 5
- SFDR Classification: Art. 8
- Management fee: p.a.
- Incentive fee:
- Minimum investment: €
- BBG ticker:
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Figures are based on net returns including admin, management and incentive fees and including ADL (Anti-Dilution Levy) where applicable. Further information is contained in the Prospectus. Past performance is not a guarantee of future results. Source: BNP Paribas Fund Administration Services (Ireland) Limited