Short Duration High Yield Fund
Fund Summary Class B GBP Shares Performance “The fund operates
The fund generates
repeatable, high premium
like a bank.”
income through provision of
debt secured as the first “Returns are
call on assets, on insurance
and on gilt-edged tax
credits by funding pre
agreed contracts on assets “Secured debt finance..”
that pass strict financial
criteria set by the fund’s
investment philosophy and “..first call on the assets”
The fund returns are Uncorrelated Returns
uncorrelated to traditional
“Debt pays a coupon with
asset classes (equity, fixed In performance terms, traditional equity upside”
asset classes have seen significant
volatility and a high degree of
correlation in the last few years. “Asymmetrical risk return
For Asset Allocation investors these
Secured Loans unique circumstances have presented challenges to generate positive returns profile”
each year for investors. It is difficult to use and follow traditional asset
Launch Date allocation techniques that separate risk/return when directional correlation is
6 March 2009 demonstrated across the asset classes and where uncorrelated assets behave in Efficient Frontier Model
the same way as traditional assets.
Uncorrelated assets that generate positive returns are vital in multi asset The inclusion of non-correlated positive
Auditor returns in core asset allocation portfolios
portfolios: They provide comfort at the core of asset allocation, they shift the
Grant Thornton efficient frontier and allow greater flexibility for core-satellite strategies. has been shown to shift the efficient
frontier, improving the profile of returns
Bank Secured Loans with upside equity and reducing overall portfolio risk
Barclays Bank through diversification.
The Fund operates like a bank, providing secured lending at a premium and
Legal Advisers using specialist expertise to identify and mitigate downside risk. The fund takes
Davenport Lyons preferential position on its debt provision, securing funding as the first call on
assets, on insurance and on gilt-edged tax credits. The fund also participates in
upside revenue through gifted equity in the underlying assets. This means the
Field Fisher Waterhouse fund generates returns that are independent of the underlying’s revenue models
in addition to equity participation in the event that the underlying generates
Tax Advisers positive revenues. Gifted equity participation is perpetual, generating a revenue
Grant Thornton tail ad infinitum.
Highly specialised expertise is a prerequisite to successful risk-management and
JTC Fund Services
Investment Process: Summary
Fund Domicile The investment process delivers opportunities in four key areas: Each secured
Cayman Islands as either preferential senior debt or gilt-edged discounted funding and with Highly specialised
rights over assets and future revenues in case of default.
Legal Structure expertise and a complete
Regulated Mutual Fund understanding of the
industry through long-
experience is a
For more information and to discuss the
fund in detail, please contact Gavin Scott
REM Capital at REM Capital Management by email at
firstname.lastname@example.org or by telephone
Management at +44 (0) 20 7643 2205.
No 1 Poultry
London EC2R 8JR For use by Investment Professionals only
www.remcm.com This document is not an offer or invitation to subscribe to any investment product nor does it solicit any such offer or
invitation. Applications to invest may be made only on the basis of and using the relevant Information Memorandum, copies
Tel:+44 20 7643 2205 of which are available from REM Capital Management. No reliance is to be placed on the information contained in this
Registered in England company
document in making any such application.
number 7141237. Registered Office: Investment in this opportunity involves a high degree of risk. The value of investments can fluctuate and an investor may not
100 Pall Mall, London SW1Y 5NQ. get back the amount originally invested. The past performance of funds is not necessarily an indication of the future
REM Capital Management is an performance.
appointed representative of TRI Performance Sources. Class B GBP Shares performance source: The Fund’s administrator, JTC Fund Services. Dow Jones is
Investments Limited, authorised and the Dow Jones Industrials Average, Property is the IMA Property Sector Average source: Sharescope, Ionic Information.
regulated by the Financial Services
Hedge Funds is the average annual return of hedge funds according to Hedgefund Intelligence.
Authority (FSA) in the UK.