City Financial Credit Opportunities
Shares Class | Inc. |
---|---|
Yield | 7.41 |
Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
Shares Class | Inc. |
---|---|
Yield | 7.41 |
Total Expense Ratio | 0.00 |
Cumulative Performance
Discrete Performance
Fund Size | 3,993,086.23 | Launch Date | 05/12/2013 | Standard Initial Charge (%) | 0.00 |
---|---|---|---|---|---|
Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.75 |
Sector | IMA UK Equity Income | Min Investment (£) | 10,000.00 | Total Expense Ratio (%) | 0.00 |
ISIN | GB00BGP6QH32 | Min Topup (£) | 10,000.00 | Ongoing Charge (%) | 1.1500 (on 30/01/2015) |
The investment objective of the Fund is to generate a high annual yield with the potential for capital appreciation over the medium to long term. The Fund will seek to achieve its investment objective primarily by investing in non-investment grade performing, stressed and distressed European securities in the primary and secondary market.
John Sullivan
John Sullivan has in excess of 20 years’ investment and finance experience including private equity, mezzanine, high yield, distressed and leveraged loan investment. Prior to founding Wiltshire, he was one of the founding partners of Cognis Capital Partners LLP (“Cognis”), which was spun out from Royal Bank of Scotland in 2003 and invested in mispriced, stressed and distressed European corporate debt. John was a member of the investment committee, originating, executing and managing portfolio investments as well as fund raising and fund establishment. While at Cognis, John generated average exited gross returns in excess of 20% per annum. He was also very influential in growing Cognis’ assets from its initial sponsorship capital of $20m (provided by JP Morgan Partners) to in excess of $500m. Previously, he held senior investment positions in the special investments groups of GE Capital and RBS.
Name | Weight |
---|---|
Food Producers | 7.70% |
Foods | 5.00% |
Others | 71.20% |
Retail | 16.10% |
Name | Weight |
---|---|
TWINKLE PIZZA HLDGS 8.625% BDS | 5.00% |
EDU UK BONDCO 8.875% NTS 15/09 | 4.70% |
GEO DEBT FINANCE PLC 8.875% NT | 4.70% |
MATALAN FINANCE LTD 8.875% BDS | 4.60% |
ALBA GROUP 8% BDS 15/05/18 EUR | 4.20% |
BRAKES CAPITAL 7.125% BDS 15/1 | 4.20% |
AG SPRING FINANCE II LTD 9.5% | 4.10% |
CODERE FINANCE (LUXEMBOURG) SA | 4.10% |
IDH FINANCE PLC 8.5% BDS 01/06 | 3.70% |
WIND ACQUISITION FINANCE SA 7% | 3.60% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.