CVC Income & Growth Limited EUR
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Objectives The objective of this Product is to provide shareholders with regular income returns and capital appreciation from a diversified portfolio of predominantly sub-investment grade debt instruments. Investment policy: The Company’s investment policy is to invest predominantly in debt instruments issued by companies domiciled, or with material operations, in Western Europe across various industries. The Company’s investments are focused on the senior secured obligations of such companies but investments are also made across their capital structure. The Company pursues its investment policy by investing in CVC European Credit Opportunities S.a.r.l (the "Investment Vehicle"). Intended retail investor This Product is intended for investors who are prepared to take a relatively high level of risk of loss to their original capital in order to achieve a higher potential return. This Product is intended to form part of a diversified investment portfolio. Term The Product has no maturity date. The Directors are required to propose an ordinary resolution (the “Continuation Resolution”) that the Company continues its business if the following occur: (i) the NAV falls below €75 million; or (ii) if a share class is delisted for any reason, or, if in any rolling 12 month period, the average daily closing market price of any class of Shares during such 12 month period is 10% or more below the average NAV per share (calculated inclusive of current year income). If a Continuation Resolution is not passed, the Directors are required to put forward proposals within six months for the reconstruction or reorganisation of the Company to the shareholders for their approval. In addition, it is the stated intention of the Investment Vehicle directors to wind up the Investment Vehicle in 2031, however the Investment Vehicle directors may extend such term at their sole discretion.
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CVC Income & Growth Limited GBP
CVC Income & Growth Limited GBP
CVC Income & Growth Limited GBP