MontLake Alpha Fixed Income
Fund description
- Fund Name: MontLake Alpha Fixed Income UCITS Fund
- Jurisdiction: Ireland
- Regulatory framework: ICAV
- Liquidity: Daily
- Manager: Simon Khalili
- Custodian: Northern Trust
- Auditor: KPMG
- Share-class: I
- Minimum Investment: $3.000.000
- Annual Management fee: 0,45%
- Performance fee: 10% above risk free rate hurdle
- Currency:
- USD: IE000RDB0I49
- EUR: IE000C8NA243
- EUR Hedged: IE000NWSZAG1
- Share-class: A
- Minimum Investment: No minimum
- Annual Management fee: 0,90%
- Performance fee: 10% above risk free rate hurdle
- Currency:
- USD: IE000L995I49
- EUR Hedged: IE000Z9YV312
- Share-class: NPF
- Minimum Investment: No minimum
- Annual Management fee: 1,25%
- Performance fee: No performance fee
- Currency:
- USD: IE00028CO2I7
Objective of the fund
The objective of the Montlake Alpha Fixed Income UCITS Fund is to offer its shareholders the opportunity to invest in an investment vehicle focused on generating returns through fixed income securities. The fund aims to maintain a diversified portfolio of bonds and other debt instruments, seeking optimized performance through carry strategies and capital appreciation while maintaining an average investment-grade credit rating.
Investment Strategy
The investment strategy of the Montlake Alpha Fixed Income UCITS Fund is based on a diversified allocation of fixed income assets, using a benchmark-agnostic approach and active management to optimize risk-adjusted returns. The fund maintains a portfolio of at least 50 positions, investing in high-quality, investment-grade bonds, prioritizing issuers considered "national champions" in developed markets.
It employs carry and capital appreciation strategies, identifying opportunities in the secondary market to acquire bonds at attractive valuations. Additionally, it complements its strategy with interest rate derivatives to manage duration and optimize exposure to yield curve movements.
The fund's approach is grounded in macroeconomic and fundamental analysis, targeting an average spread of 300 basis points and ensuring a well-balanced portfolio with sustainable returns across different market environments.
