The investment objective of the Fund is to provide positive stable capital appreciation over the medium to long-term by investing in corporate receivables. The fund does not have a specific industry or geographical focus regarding the receivables to which the Fund may gain exposure.
Why this Fund
Investors gain access to attractive returns from high-quality receivables portfolios with a target return of 3% p.a. (net). PCCF provides liquidity to Europe’s leading brands by financing high-quality receivables portfolios (investment-grade equivalent). The diversified portfolio generates attractive risk premiums from receivables with short-term maturities (30-90 days) and low default rates (<1.0%).
- Net-performance (NAV) after all costs. Past performance is not a reliable indicator of future performance.
- Class A launch date is 08. October 2020.