RAM (Lux) TF II Strata Credit R Cap EUR

The sub-fund seeks to produce positive returns from a diverse portfolio of developed market European credit positions generated from a combination of interest received and trading gains. The sub-fund will adopt a highly flexible approach allowing the investment manager to allocate capital across a number of sectors of the credit market (each an "Asset Class"), each being managed by dedicated portfolio management and research teams. The initial Asset Classes are Financials, Corporates, Asset-Backed Securities ("ABS") and Special Opportunities. The sub-fund may invest in a wide variety of credit instruments including bonds, notes, convertible bonds and/or hybrid capital instruments (such as contingent convertible instruments ("CoCos")) and structured credit instruments including collateralised loan obligations ("CLOs") and ABS (including consumer ABS, residential mortgage backed securities ("RMBS") and commercial mortgage backed securities ("CMBS")). The sub-fund may use derivative instruments such as options, single name or index credit default swaps ("CDS"), total return swaps ("TRS") and forwards for investment purposes or to optimise or reduce exposure in conjunction with the investment manager's view. The credit instruments listed above may embed financial derivatives and/or structural leverage. While both long and short positions may be employed, it is expected that the portfolio will be predominantly long. Foreign exchange and interest rate exposures resulting from the credit instruments listed above will be hedged through the use of financial derivatives. The sub-fund will aim to be diversified in terms of industry, geographic region, sector and rating. The sub-fund will not invest in assets with a credit rating of CCC or below. Benchmark: The portfolio is actively managed on a discretionary basis without reference to a benchmark.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No