GAM Star Cat Bond Institutional GBP Acc
Specialist BondPricing frequency
N$
Dealing cut off time
10:45
Type
OEIC
Yield
8.97%
NAV
£18.15
Ongoing charge
1.08%
Latest actual NAV date
30-04-2024
ISIN
IE00B691BK23
UCITS
Yes
This fund can be held in a Dealing accountISALifetime ISAJISASIPP
Before investing please read:
Growth of 10k
Asset allocation
Top 10 holdings
| Holdings 31/05/2023 | % of assets |
|---|---|
| Long Point Re IV Ltd. | 2.18 |
| United States Treasury Bills 0% | 2.02 |
| United States Treasury Bills 0% | 2.01 |
| United States Treasury Bills 0% | 2.01 |
| Ursa Re II Limited | 1.90 |
| Nakama Re Pte Limited | 1.85 |
| Alamo Re Ltd | 1.72 |
| Floodsmart Re Ltd | 1.55 |
| Acorn Re Limited | 1.53 |
| Cape Lookout Re Ltd. | 1.24 |
Investment objective
The Fund’s primary investment objective is to seek to generate returns through selective investment in a global portfolio of catastrophe bonds (“CAT Bonds”). CAT Bonds are debt securities that transfer the risk of catastrophic events from insurance companies, reinsurance companies, corporations, governments, etc. to the capital markets. Investors receive a risk premium in the form of a yield in exchange for bearing the risk of losses from pre‑defined natural and non‑natural catastrophic events, such as earthquakes or windstorms, mortality and catastrophe related events. The principal of any given CAT Bond is potentially reduced (and subject to partial, or in some cases total, loss) upon the occurrence of an event to which the CAT Bond is contractually linked.
Morningstar ratingTM
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. 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.
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