Evli Nordic Senior Sec Loan IB
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
Evli Leveraged Loan Fund (AIF) (hereinafter "the Fund") is an alternative investment fund as defined in the Act on Alternative Investment Fund Managers (162/2014). The fund will invest primarily in syndicated leveraged corporate loans issued by Nordic and European companies. Leveraged corporate loans are corporate loans in which the borrower is a company whose credit rating is BB+ or lower (sub-investment grade credit rating), and which the company acting as a borrower uses for financing, for instance, an acquisition, growth investments, or infrastructure or real estate investments, possibly using leverage, in order to increase the efficiency of the company's capital structure. In addition, the fund's assets are invested in bonds and other debt instruments. The fund's investment policy complies with Evli's policies for responsible investment. ESG factors have been integrated into the fund's investment decisions, and certain industries are excluded from the fund's investments. No average credit rating requirement has been set for the investments, and the fund may also invest in unrated corporate loans and bonds. The fund's investment instruments are not necessarily traded on the stock markets or on another regulated market. The fund hedges the currency risk associated with investments not denominated in euros. The fund's investment style is active and the fund does not have a benchmark index. The fund's base currency is the euro. Fund units may generally be subscribed for on the last Finnish banking day of each quarter. Fund units may generally be redeemed twice each year on the fund's general redemption dates provided that the redemption order has been submitted to the Management Company in advance within the set time. The trading of fund units is not possible if the Management Company has temporarily suspended the calculation of the value of the fund units due to exceptionally unstable or unpredictable market conditions, exceptional conditions or for some other important reason. A list of days on which the trading of fund units is not possible will be available from the Management Company and on the Management Company's website. Recommendation: this fund may not be appropriate for investors who plan to withdraw their money within 4 years. Additional information on fund investment is available in the official fund prospectus and at the address www.evli.com/funds.