Investment Trusts

Fair Oaks Income Limited 2021

FAIR:LSE

Fair Oaks Income Limited 2021

Actions
  • Price (USD)0.68
  • Today's Change0.015 / 2.26%
  • Shares traded4.09k
  • 1 Year change+58.14%
  • Beta--
Data delayed at least 20 minutes, as of Jun 22 2021 11:25 BST.
More ▼
Take Action
Take Action
Add this security to watchlist, portfolio, or create an alert to track market movement

Profile data is unavailable for this security.

Profile

Management group(s)--
AIC sectorDebt - Structured Finance
ISINGG00BNNLWT35
Launch date12 Jun 2014
Share typeOrdinary Share
Structure--
Base currencyUSD

Objective

The investment policy of the Company is to invest (either directly and/or indirectly through Master Fund II and/or Master Fund III) in US, UK and European CLOs or other vehicles and structures which provide exposure to portfolios consisting primarily of US, UK and European floating-rate senior secured loans and which may include non-recourse financing. The Company implements its investment policy by: (i) with respect to those assets of the Company attributable to the Realisation Shares: investing in Master Fund II; and (ii) with respect to those assets of the Company attributable to the 2021 Shares and C Shares: investing in Master Fund III.

Managed by

Not Disclosed

Management & contract fees

An advisory fee of 1% p.a. of the NAV. 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.

Institutional shareholders

17.99%Per cent of shares held by top holders
HolderShares% Held
FIL Investment Advisors (UK) Ltd.as of 30 Apr 202142.31m10.43%
Seneca Investment Managers Ltd.as of 28 May 202114.59m3.60%
Brooks Macdonald Asset Management Ltd.as of 31 May 20218.15m2.01%
Aberdeen Standard Investments (Asia) Ltd.as of 30 Apr 20214.38m1.08%
Aberdeen Asset Managers Ltd.as of 30 Apr 20211.39m0.34%
Valu-Trac Investment Management Ltd.as of 28 May 20211.15m0.28%
Smith & Williamson Investment Management LLPas of 30 Apr 20211.02m0.25%
More ▼
Data from 31 Mar 2021 - 31 May 2021Source: FactSet Research Systems Inc.
Refinitiv, an LSEG business
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.