FundLogic Salar Convrt Abs Ret A GBP Inc (FUND:B3PPM48) - Overview

Fund Report

FundLogic Alternatives plc Salar Convertible Absolute Return Fund A GBP Inc

Key Stats
Morningstar® CategoryAlt - Diversified Arbitrage
Manager Name-
Inception Date01/04/2011
NAV 30/11/2016GBP 109.76
Day Change0.06%
12 Month Yield0.00%
ISINIE00B3PPM482
SEDOLB3PPM48
Dividend FrequencySemi-Annually
Net Assets (mil)-
Wrapper AvailabilityAll
Our Minimum Initial Investment10,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge5.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.95%
AMC1.50%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

-

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund5.689.200.271.23-1.06
  • Fund: FundLogic Alternatives plc Salar Convertible Absolute Return Fund A GBP Inc
  • Category: Alt - Diversified Arbitrage
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 30/11/2016
Fund
YTD-1.06
3 Years Annualised0.23
5 Years Annualised2.73
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The objective of the Sub-Fund is to generate capital growth, whilst seeking to preserve capital, through exposure to the convertible bond markets. The Sub-Fund will seek to achieve its objective by investing in a reference portfolio (the “Reference Portfolio”) through a total return swap (the “Portfolio Total Return Swap”). In addition, the Sub-Fund expects to purchase Funding Assets and transfer the economic interest in such Funding Assets to the Approved Counterparty under a total return swap (the “Funding Swap”). The performance of the Sub-Fund will primarily be determined by the performance of the Reference Portfolio.

Portfolio Profile-

AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2016 Morningstar. All rights reserved.