Fair Oaks Income Fund (Ordinary Share) FAIR

Sector Specialist: Securitised Debt

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Estimated NAV

1.00

Share Price

0.96

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Fair Oaks Income Fund (Ordinary Share) Price 9.12%
Fair Oaks Income Fund (Ordinary Share) NAV 9.14%
FTSE All World Index (GBP) 33.53%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1.0 3.1% 1.00 1.00
30 Jun
100% 10.18%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
Fair Oaks Income Fund (Ordinary Share) Price9.12
Fair Oaks Income Fund (Ordinary Share) NAV9.14
FTSE All World Index (GBP)33.53

Discrete performance over

Discrete Performance

Top 10 Holdings

FIRST DATA 1.78%
Avago Technologies Ltd 1.60%
Dell Inc 1.60%
Valeant Pharmaceuticals 1.58%
Albertsons 1.40%
Numericable 1.30%
Scientific Games Corporation 1.25%
Energy Transfer Equity, L.P. 1.24%
Cablevision Systems 1.15%
PetSmart Inc. 1.02%

Sectors weighting

Debt - General 100.00%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 12 Jun 2014
  • Currency USD
  • Domicile Guernsey
  • Share Price 0.96
  • Share Type Ordinary Share
  • TIDM FAIR
  • ISIN GG00BMBN1D14
  • Shares Issued (M) 321
  • Market Capital (£M) 240.72
  • Gross Assets (£M) 233.46
  • Net Assets (£M) 233.46
  • TER (%) 0.43
  • Historic Dividend Yield (%) 10.18
  • Last AGM 19 May 2016
  • Next AGM 19 May 2017
  • Last Annual Report Date 19 Apr 2016
  • Next due Report Date 30 Jun 2016
  • Next due Report Type I/R
  • Objective:

  • To seek exposure to US and European CLOs or other structures which provide exposure to portfolios consisting primarily of US and European floating rate senior secured loans and which may include non-recourse financing.
  • Management Group(s):

  • Fair Oaks Capital Limited
  • Managed by:

  • Not Disclosed Start: 12 Jun 2014
  • Management Contract & Fees:

    The Investment Adviser is entitled to receive an advisory fee equal to 1% p.a. of the Net Asset Value of the Company plus any applicable VAT. The fee is payable on the last Business Day of each month or on the date of termination of the Investment Advisory Agreement. The Investment Advisor agrees to reinvest its fees for a calendar quarter in circumstances where the Shares trade at any discount to the then-prevailing NAV per Share at the end of such quarter.