Algebris Global Credit Opportunities R EUR

The Fund aims to achieve a high level of income diversifying across global bond and credit markets.The Fund intends to invest primarily in the following asset classes: debt securities to include corporate or government bonds with fixed or variable interest, investment grade or below investment grade, mortgage-backed and other asset-backed securities, senior and subordinated financial debt, convertible securities (bonds that can be converted into shares), 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), hybrid securities (a security which combines both debt and equity characteristics), Tier 1 and upper and lower Tier 2 securities (which are forms of bank capital), and trust preferred securities (a type of hybrid security). Although the Fund will primarily invest in the asset classes listed above, it may also invest in certain other asset classes including equity and equity-related securities (including ordinary shares, common stock, preference shares, exchange traded notes (ETNs), global depositary receipts, American depositary receipts, warrants and rights), exchange traded funds (ETFs), commodity exposure and ancillary liquid assets (which may include bank deposits, certificates of deposit, commercial paper, money market funds and freely transferable promissory notes) in order to increase portfolio diversification and improve liquidity.The Fund may also enter into financial derivative instruments (FDI) and invest in securities which may embed leverage or embed a derivative component (e.g. ETNs, exchange traded certificates (ETCs), mortgage-backed securities and other asset-backed securities and hybrid securities such as convertible securities and CoCo-Bonds) for investment, efficient portfolio management and hedging. Such FDI include swaps (an instrument that swaps the performance of one asset for another), contracts for difference (a secu

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No