Algebris Financial Income Fund
The Algebris Financial Income Fund aims to maximize current income and generate superior risk-adjusted returns by investing in high dividend-yielding financial stocks and bonds.
The Fund invests in the global financial sector, primarily in equity securities – including ordinary shares or common stock American depository receipts, global depositary receipts and preference shares – fixed and variable rate debt securities, which may be investment grade or below investment grade, or unrated. Algebris Financial Income Fund may invest in senior and subordinated debt and hybrid securities (including Tier 1, Upper and Lower Tier 2).
The Fund’s portfolio is typically balanced between stocks and bonds, but on a flexible basis and in line with the Fund’s objective. Portfolio balance may at times be shifted to reflect an investment opportunity.
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 April 30th 2023
- Inception date: 13th August 2013
- Domicile: Ireland
- Liquidity: Daily
- Base currency: Euro
- Risk profile (SRRI): 6
- 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