Key Features

Legal Form Regulated Mutual Fund
Initial Charge Nil - 100% Allocation
Launch Date 31st October 2019
Performance
Valuation Date
26th July 2024
USD Share Price
131.2563
CHF Share Price
125.4547
GBP Share Price
125.9405
Benchmark iShares Core US Aggregate Bond (AGG) - The Agg, formally known as the ‘Bloomberg Barclays Aggregate Bond Index’. Closing Price.
Dealing Frequency Weekly
Share Class Currencies USD, EUR, GBP & CHF
Distributions Nil
Target Returns 7% in USD Net
Minimum Subscription USD100,000 or currency equivalent for direct investments
USD5,000 or currency equivalent through wraps or platforms
Liquidity Weekly
Base Currency USD
Management Charge 1.5% per annum

The Fund

Investment Objectives

Melius Fixed Income Fund is a regulated mutual fund that aims to achieve an attractive level of growth whilst respecting risk diversification. The objective of the fund is to maximise total returns consistent with preservation of capital and prudent investment management. In seeking to achieve its investment objectives, the fund will aim to outperform its benchmark, the iShares Core US Aggregate Bond (AGG) over a rolling 3-year period.

Investment Approach

The fund provides investors with an opportunity to benefit from the potential capital growth that is achievable from the global bond market and from other types of secured securities. To increase its diversification of assets within the fixed income sector, the fund intends to allocate part of its inflows in holdings such as Asset Backed Securities, UK Property Linked, US Insurance Linked, and Index Linked Actively Managed Certificates.

Given solid fundamental in-house credit insights, and by also utilizing the skills and performance of other world-class investment entities, a reasonable time horizon, and the ability to withstand short-term volatility, we believe credit opportunities in the bond market can be exploited to achieve attractive superior risk-adjusted returns.

Risk Factors

This Fund is a medium to long-term investment and your capital is at risk. Any investment objective, performance benchmark and yield information should not be considered as an assurance or guarantee of the performance of the Fund or any part of it. An initial charge reduces the amount available for investment. Investors should be aware that funds denominated in a currency other than investors’ home state currency are subject to currency fluctuations which may decrease returns. Please be aware that each fund presents its own risk profile. Material risks for this fund are: Credit; Liquidity; Counterparty; Other Markets; Derivatives; Interest Rate and Concentration.

All financial investments involve an element of risk. Therefore, the value of your investment and any income from it will vary and your initial investment amount cannot be guaranteed. The fund invests in a range of different types of bonds and funds. Companies who issue higher yield bonds typically have an increased risk of defaulting on repayments. In the event of default, the value of your investment may reduce. Economic conditions and interest rate levels may also impact significantly the values of bonds.

Please refer to the Offering Document of the Fund for information about all relevant risks that investors may be exposed to by making investments into the Fund.

Dealing Codes

USD Growth Class

ISIN
KYG596871148
BLOOMBERG
MELFIUG KY
VALOREN
CH044825101

CHF Growth Class

ISIN
KYG596871064
BLOOMBERG
MELFICG KY
VALOREN
CH044825079

EUR Growth Class

ISIN
KYG596871221
BLOOMBERG
MELFIEG KY
VALOREN
CH044825123

GBP Growth Class

ISIN
KYG596871304
BLOOMBERG
MELFIGG KY
VALOREN
CH044825128