Fair Oaks Income Fund (Ordinary Share) FAIR

Sector Specialist: Securitised Debt

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Estimated NAV (p)

1.00

Share Price (p)

1.02

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Fair Oaks Income Fund (Ordinary Share) Price 8.36%
Fair Oaks Income Fund (Ordinary Share) NAV 6.04%
FTSE All World Index (GBP) 10.53%
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 1.0p 5.5% 1.00p 1.00p
30 Apr
100% 8.80%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
Fair Oaks Income Fund (Ordinary Share) Price8.36
Fair Oaks Income Fund (Ordinary Share) NAV6.04
FTSE All World Index (GBP)10.53

Discrete performance over

Discrete Performance

Top 10 Holdings

Albertsons 1.01%
Numericable 0.94%
ASURION LLC 0.86%
Community Health Systems Inc 0.84%
Valeant Pharmaceuticals 0.76%
Charter Communications Inc 0.73%
Dell Inc 0.68%
Ortho-Clinical Diagnostics 0.67%
Southcross Energy Partners LP 0.66%
Creative Artists Agency 0.66%

Sectors weighting

Debt - General 96.90%
Net Current Assets 3.10%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 12 Jun 2014
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) 1.02
  • Share Type Ordinary Share
  • TIDM FAIR
  • ISIN GG00BMBN1D14
  • Shares Issued (M) 212
  • Market Capital (£M) 138.93
  • Gross Assets (£M) 131.73
  • Net Assets (£M) 131.73
  • TER (%) 0.00
  • Historic Dividend Yield (%) 8.80
  • Last AGM 28 May 2015
  • Next AGM 30 May 2016
  • Last Annual Report Date  
  • Next due Report Date  
  • 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:

  • Alban Senlis Start: 12 Jun 2014
  • Ivona Smith Start: 12 Jun 2014
  • Miguel Ramos Ruentenebro Start: 12 Jun 2014
  • Roger Coyle Start: 12 Jun 2014
  • W.Anthony Edson 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 minus the net Management Fee suffered by the Company in respect of its investment in the Master Fund (taking into account any rebates of such Management Fee to the Company) in respect of the same relevant period.