Fair Oaks AAA CLO Fund (FAAA)
Objective
The Fund offers global access AAA-rated notes of European and US Collateralised Loan Obligations (“CLOs”), on a long-only basis and with no leverage used at fund level. Fair Oaks believes that AAA-rated CLOs offer significant relative value compared to corporate bonds and other asset-backed securities. The Fund targets a gross total return of Euribor+1.3% p.a. (see share class KIIDs for TER details)*
* Target gross return is before Fund expenses and management fees. Share class KIIDs including TERs are available on Management Company’s Waystone website.
ETF share class
The Fund offers investors the option to invest in either ETF or non-ETF share classes.
This is first European CLO ETF, pioneering a diversified CLO portfolio in an actively managed ETF wrapper to investors in Europe. Fair Oaks AAA CLO ETF is listed on Deutsche Borse Xetra (ticker: LAAA) and the London Stock Exchange (ticker: FAAA).
For more information please visit https://www.clo-etf.com/.
Overview
Vehicle
Alpha UCITS SICAV, Luxembourg domiciled UCITS sub-fund
Fund launch date
16 September 2019
NAV calculation frequency
Daily
Liquidity
Daily
Share class availability
Select from the KIIDs available on the Management Company’s Waystone website which indicate the share classes open for investment
Factsheets
- All
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019