Algebris Financial Income R EUR

The Fund aims to maximise income and generate superior risk-adjusted returns over an investment cycle of approximately 3 to 5 years by investing in high dividend-yielding equity stocks and bonds.The Fund intends to invest in the financial sector globally, primarily in shares that pay a high dividend (for example, ordinary shares, depositary receipts and preference shares) and debt securities (for example, government bonds and corporate bonds) with fixed and variable interest rates, which may be rated investment grade or below investment grade. The Fund may also invest in equities and other financial instruments, including convertible securities (bonds that can be converted into shares), hybrid securities (instruments that combine the characteristics of bonds and shares including Tier 1, upper and lower Tier 2 securities, which are forms of bank capital, and trust preferred securities, which are hybrid securities with both debt and equity characteristics), contingent convertible instruments (CoCo-Bonds) (bonds that can be converted into shares or their principal amount may be written down if a pre-specified trigger event occurs), subordinated debt, exchange traded notes (ETNs) (a type of debt security, in order to gain exposure to an eligible index, market or asset class), exchange traded funds (securities that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange) and other collective investment schemes. During times of high levels of market movements (volatility) the Fund may invest substantially in deposits.The Fund may also enter into financial derivative instruments (FDI), including options (securities that give the right to buy or sell another asset), swaps (an instrument that swaps the performance of one asset for another), contracts for difference (CFDs) (a security that returns the difference between the value of an asset at the beginning and the end of the contract), forwards (contracts to exchange for

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No