Overview

Investment Objective

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%).

Performance

Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD
2021
0.04%
0.09%
0.30%
0.44%
0.37%
0.36%
0.45%
0.42%
0.37%
0.42%
0.30%
3.61%
2022
0.23%
0.26%
0.33%
0.06%
0.01%
0.01%
0.90%
  1. Net-performance (NAV) after all costs. Past performance is not a reliable indicator of future performance.
  2. Class A launch date is 08. October 2020.

Fund facts