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Algebris Financial Credit Id GBP Inc

Ranked 60 out of 124 in - Global over 12 months
All calculations are in GBP unless stated

Managed by

Davide Serra

Davide Serra co-founded Algebris in 2006. Previously, Davide was a Managing Director at Morgan Stanley where he headed the European Banks Research Team and was the Global Banks team coordinator. Prior to Morgan Stanley, Davide worked in the UBS Banks research team as a senior analyst (1995-2000). Davide holds a BA (Hons) in Economics from Bocconi University in Italy and a Master CEMS. Italian native, he speaks fluent English and French. Davide played volleyball professionally in Italy from 1985 and 1990 and reached Serie A1. Now he enjoys climbing and off-piste skiing in the Alps and mountains around the world.

Objective

The Fund aims to achieve a high level of current income and modest capital appreciation by investing in senior and subordinated debt securities of the financial credit sector globally including hybrid capital instruments, preference shares and contingent convertible bonds (CoCo bonds) with fixed and variable interest rates, which may be rated investment grade or below investment grade. Currency exposure will be systematically hedged. Investment in the Fund may be suitable for investors with a medium to long term investment horizon.

Showing fund performance in United Kingdom View performance globally

Performance

Global over : 31/08/2015 - 31/08/2016
  • Rank 60/124 Total Return
  • Rank 85/124 Standard Deviation
  • Rank 116/124 Max Drawdown
Fund Name Currency Return
58 JPM Global Bond Opportunities B Net Acc GBP

7.6%

59 JPM Global ex-UK Bond A Acc GBP

7.6%

60 Algebris Financial Credit Id GBP Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

7.5%

61 SSgA Global Aggregate Bond Index Fund I GBP Hdgd

Currency exposure is hedged

Currency exposure is hedged

GBP

7.4%

62 Russell IC Global Credit GBPH-U Income

Currency exposure is hedged

Currency exposure is hedged

GBP

7.3%

Fund Name Currency Risk
83 Legg Mason IF WA Global MultiStrat Bd A GBP Inc M

Currency exposure is hedged

Currency exposure is hedged

GBP

7.6

84 PIMCO GIS Diversified Income Dur Hdg I GBP H Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

7.7

85 Algebris Financial Credit Id GBP Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

7.7

86 Aberdeen Global High Yield Bond Fund A Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

8.3

87 Legg Mason Brandywine GlOpp FxdInc X GBP Dis M Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

8.8

Fund Name Currency Loss
114 Legg Mason IF WA Global MultiStrat Bd A GBP Inc M

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.7%

115 GAM Star Dynamic Global Bond GBP Acc GBP

-4.7%

116 Algebris Financial Credit Id GBP Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.7%

117 PIMCO GIS Diversified Income Dur Hdg I GBP H Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.5%

118 Calamos Global High Income I GBP Dis GBP

-5.6%

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 -1.0% 0.9%
2015 6.4% 3.9% -0.7% 0.1% 2.9%
2014 7.8% 3.8% 3.5% -1.4% 1.7%
2013 3.4% 4.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Ireland
  2. Italy
  3. United Kingdom

Fund Info

  • Launch date03/05/2013
  • Share Class size32Mn
  • Base currencyGBP
  • ISIN IE00B8DD4P49
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment400,000
  • Min. regular additional investment4,000

Charges

  • Annual management0.50%
  • Initial investment0

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).