Avoca Credit Abs Return Fd D USD Hdg

The Liontrust Credit Absolute Return Fund (for the purpose of this section, the "Fund") seeks to achieve a positive absolute return for investors through a portfolio of investments primarily in bonds issued by companies and credit derivatives written against debt of companies (including derivatives for investment purposes). It is expected that a positive absolute return is capable of being generated under all market conditions. The Fund will not be benchmarked against any index.

Key stats

Management firm  Avoca Capital
Domicile  Luxembourg
Fund Administrator  State Street Bank Luxembourg S.A.
Global Branding Name  Avoca Capital
Fund Status  OBSOLETE
Fund currency  USD
Net Assets Date  2013-10-31
Net Assets  $87,575,046
Launch Date  2010-04-07
Obsolete Date  2013-11-07
ISIN  LU0491862073
SEDOL  B618BR8
Manager 1 Name  James Sclater
Manager 2 Name  Simon Thorp
Fund Strategy  Alt - Debt Arbitrage
Benchmark  N/A
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2013-10-31
Return - 1 Month  0.50%
Return - 2 Months  1.24 %
Return - 3 Months  1.55%
Return - 6 Months  1.65 %
Return - 9 months  1.70 %
Return - 12 Months  5.20%
Annualized return 24 months  4.68 %
Annualized return 36 months  3.45 %
Annualized return since Inception  3.08%
Return YTD  4.07%

Charges

Initial  5.00 %
Minimum Investment  $75,000
Maximum Managment Charge  1.50 %
Exit charge  0.00 %
Performance Fee  20.00 %

Contact

Contact name  Rory O'Farrell
Contact Address  75 St. Stephens Green
Contact Address 2  Tower 42, Level 9A
Contact Address 3  25 Old Broad Street
Contact city  Dublin
Contact country  United Kingdom
Fund Admin Group  Avoca Capital
Web Address  www.avocacapital.com
Email contact  info@avocacapital.ie
Custodian  State Street Bank Luxembourg S.A.
Phone  35314793100

Price

Last Price Date  2013-11-04
Pre-tax nav  11.16
Price change  $0.02
Price change (percentage)  0.15 %

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