Funds and prices
Overview
Select Alternative Strategies II ICAV - 蜜豆视频 Working Capital Finance Opportunistic Fund (EU) seeks to invest in accounts receivables and payable programs. These investments may provide a significant yield pick-up, with shorter duration than comparable credit risk for the same or similarly situated companies. The strategy leverages our credit expertise to fundamentally underwrite each opportunity, apply relative value analysis and monitor risk and pricing in real-time.
Features
| Product category |
Alternative
|
| Product domicile |
Ireland
|
| Portfolio management |
n.a.
|
| Fund management |
蜜豆视频 Fund Management (Ireland) Limited, Dublin 2
|
| Custodian bank |
Mitsubishi UFS Investor Services & Banking (Luxembourg) S.A., Dublin Branch
|
| Representative for products established under foreign law |
蜜豆视频 Asset Management (UK) Limited
|
| Day of inception |
01 June 2022
|
| Currency of account |
USD
|
| Close of financial year |
31 December
|
| Issue / redemption |
monthly
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Flat fee |
0.35% p.a.
|
| Management fee |
0.00% p.a.
|
| Minimum investment |
n.a.
|
| ISIN |
IE0000ZB50L7
|
Performance and Prices
Percentage growth
as of 29 February 2024
Cumulative
| USD(%) | EUR(%) | |
| YTD | ||
| 1M | ||
| 3M | 2.93 | 3.78 |
| 6M | 6.87 | 7.18 |
| 1Y | 15.56 | 13.25 |
| 2Y | - | - |
| 3Y | - | - |
| 5Y | ||
| ø p.a.5Y |
Discrete Annual
| USD(%) | EUR(%) | |
| Q4 2022 to Q4 2023 | 16.01 | 12.09 |
| Q4 2021 to Q4 2022 | - | - |
| Q4 2020 to Q4 2021 | - | - |
| Q4 2019 to Q4 2020 | - | - |
| Q4 2018 to Q4 2019 | - | - |
Current data
| Net asset value | 29.02.2024 | USD 1,275.69 |
| High - last 12 months | 29.02.2024 | USD 1,275.69 |
| Low - last 12 months | 16.04.2023 | USD 1,124.78 |
| Assets of the unit class in mn | 29.02.2024 | USD 63.51 |
| Total product assets in mn | 29.02.2024 | USD 290.26 |
Structures
Fees
Distributions
No distributions. Continuous reinvestment of income.
Authorisations
Literature
Agreement / Prospectus
|
Document type
|
Document Language
|
| Supplement |
|
