TENAX UCITS ICAV - Tenax ILS UCITS Fund I - Dist (Hedged) EUR Distribution
ISIN IE00BDVK6Q75 / Valor null
TENAX UCITS ICAV - Tenax ILS UCITS Fund I - Dist (Hedged) EUR Distribution
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The Tenax ILS UCITS Fund focuses on investing in insurance-linked securities, mainly catastrophe bonds issued by specialized entities created by insurance companies, reinsurers, governments, or corporations. These bonds provide financial protection against natural disasters such as hurricanes in designated areas. By holding these securities, the fund seeks to achieve long-term growth and income by leveraging the premiums paid for reinsurance coverage, while taking on the risk associated with the occurrence of the covered natural events.
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