Tideway GBP Credit Fund

The Tideway GBP Credit Fund is a lower risk credit portfolio, also incorporating Hybrid Capital but with generally shorter maturities and low to medium volatility.

The Fund aims to generate income, net of all expenses, equivalent to the Bank of England UK Base Rate plus 1-2%.

The Fund is designed for investors with short-term liquidity requirements (0-5 years), with the average duration of the Fund’s investments being maintained under five years.

Fund Objectives

  • Target income of UK Base Rates plus 1-2%
  • Low to Medium Volatility - SRRI Risk Rated 3

Investment Strategy

  • Diversified long only, GBP only portfolio of Corporate Bonds including Hybrid Capital
  • Household name portfolio
  • No Contingent Convertible Securities (CoCo’s)
  • 25% Limit of Sub-Investment Grade senior issuer ratings

Document Library

Note: it is important that before you invest, you should read the relevant Prospectus and KIID documents. These documents and the latest factsheet can be found in our Document Library.

Top Holdings

These are the Fund's top holdings, as a % of NAV, as at 30-9-2018.

RL Finance (6.125%, 30/11/43) 6.2%
Jerrold Finco (6 1/8%, 01/15/24) 5.0%
Pension Insurance Corp (6.5%, 03/07/24) 4.7%
Quilter (4.478%, 28/02/28) 4.7%
Investec Bank (4.25%, 24/07/28) 4.6%

 

Tideway Investment Partners LLP
is authorised and regulated by the
Financial Conduct Authority.
FCA number 496214.

Contact
Tideway Investment Partners LLP
Thomas House
84 Eccleston Square
London SW1V 1PX
+44 (0)20 3143 6100
info@tidewayinvestment.co.uk