Management
| ISIN | IE00BJQR5F71 |
|---|---|
| Share Class | Accumulation |
| Ongoing Charge | 0.9157% |
| Annual Management Charge | 0.75% |
| Manager Company | BNY Mellon |
|---|---|
| Fund Type | Open Ended Investment Company |
| Benchmark | Relative Value Arbitrage |
| Domicile | IRL |
| For Sale in | Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Portugal, Sweden |
| Name | Steve Waddington |
|---|---|
| Since | 30 January 2025 |
| Bio | Steve joined Insight’s Multi-Asset Strategy Group in January 2008 and is responsible for fund management and investment research. Before joining Insight he spent five years at BT Financial Group, Australia (formerly Rothschild Australia Asset Management), where from 2004 he was Head of External Investments, responsible for fund management and investment research. Steve started his career at Savills Commercial Ltd, where he was responsible for advising institutional and private company clients on property investment and development. Steve holds a BSc honours degree in Valuation and Estate Management from the University of the West of England, Bristol and an MBA from the Australian Graduate School of Management, University of New South Wales. He also holds the Investment Management Certificate from the CFA Society of the UK and is a professional member of the Royal Institution of Chartered Surveyors. |
| Name | Zacharias Bobolakis |
|---|---|
| Since | 30 January 2025 |
| Bio |
Objectives and Investment Policy OBJECTIVE To deliver a positive return in all market conditions, however positive returns are not guaranteed. POLICY The Fund will: – aim to achieve its objective on a rolling 3 year basis, after fees; – invest anywhere in the world with no particular industry or sector focus; – invest on a long and short basis; – invest in convertible bonds issued by corporates which are likely to be unrated and considered equivalent to sub-investment grade instruments; – invest in company shares (i.e. equities) and similar investments; – in addition to convertible bonds, invest in other debt and debtrelated securities issued by corporates and governments with no minimum credit ratings; – invest principally in derivatives (financial instruments whose value is derived from other assets) to help achieve its objective. The Fund will also use derivatives with the aim of risk or cost reduction or to generate additional capital or income; and – neither promote environmental and/or social characteristics pursuant to Article 8 of the Sustainable Finance Disclosure Regulation "SFDR" nor have sustainable investment as its objective pursuant to Article 9 of SFDR. Consequently, for the purposes of SFDR it is considered an Article 6 Fund. The Fund may: – invest up to 10% of its Net Asset Value in aggregate in collective investment schemes; – invest over 20% of its Net Asset Value in emerging market countries, including Russia, China and India, including up to 10% in securities listed or traded on Russian markets; and – invest significantly in cash and money market instruments in extreme market conditions. Benchmark: The Fund will measure its performance against 1 Month EURIBOR (the "Cash Benchmark"). EURIBOR is the Euro Interbank Offer Rate and is a reference rate that is constructed from the average interest rate at which Eurozone banks offer unsecured short-term lending on the inter-bank market. The Cash Benchmark is used as a target against which to measure its performance on a rolling annualised 3 year basis before fees. The Fund is actively managed, which means the Investment Manager has discretion over the selection of investments, subject to the investment objective and policies disclosed in the Prospectus. OTHER INFORMATION Treatment of income: net income from investments will be retained within the Fund and reflected in the value of your shares. Dealing: you can buy and sell your shares in the Fund between 9:00 and 17:00 (Irish Time) on each day which is a business day in Ireland and the U.S. Instructions received before 12:00 will receive the price quoted on that day. The minimum initial investment for this share class is EUR 15,000,000.