Algebris Funds

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SFDR Website Disclosures

Algebris believes in the importance of taking a responsible approach to investment and supports the transparency requirements set out in the EU Sustainable Finance Disclosure Regulation (SFDR). Please note that Algebris has updated the prospectus for Algebris UCITS Funds plc to include the new disclosure templates (SFDR annexes) required under SFDR. Investors are encouraged to review the updated prospectus for more information which now includes the detailed SFDR annexes for both its Article 8 and Article 9 funds.

SCROLL DOWN TO EACH FUND BELOW FOR THE UPDATED SUPPLEMENTS UNDER ‘PROSPECTUS’

Algebris Financial Credit Fund

ISIN:
BBG ticker:

Fund Terms

  • Inception date: 3rd September 2012
  • Domicile: Ireland
  • Liquidity: Daily
  • Base currency: Euro
  • Risk profile (SRRI): 5

Class Terms

  • Management fee: p.a.
  • Incentive fee:
  • Minimum investment: €
  • BBG ticker:
  • ISIN:
  • Status:

A long-only fund aiming to achieve a high level of current income and modest capital appreciation, by investing primarily in subordinated and hybrid debt issued by Global Systemically Important Financial Institutions (G-SIFIs) and “national champions” institutions.

Note: The synthetic risk and reward indicator (SRRI) is based on historical data and may not be a reliable indication for the future. It is calculated using the volatility of the Fund’s weekly performance over a five-year period. A score of 5 means the Fund’s historic volatility is between 10% - 15%

Algebris Financial Income Fund

ISIN:
BBG ticker:

Fund Terms

  • Inception date: 13th August 2013
  • Domicile: Ireland
  • Liquidity: Daily
  • Base currency: Euro
  • Risk profile (SRRI): 6

Class Terms

  • Management fee: p.a.
  • Incentive fee:
  • Minimum investment: €
  • BBG ticker:
  • ISIN:
  • Status:

A long-only blended fund, investing in equities and subordinated debt capital instruments issued by banks and institutions on a global basis. It focuses on optimising coupon and dividend payments, offering a prudent exposure to the high dividend yield equity market.

Note: The synthetic risk and reward indicator (SRRI) is based on historical data and may not be a reliable indication for the future. It is calculated using the volatility of the Fund’s weekly performance over a five-year period. A score of 6 means the Fund’s historic volatility is between 15% - 25%

Algebris Financial Equity Fund

ISIN:
BBG ticker:

Fund Terms

  • Inception date: 20th April 2015
  • Domicile: Ireland
  • Liquidity: Daily
  • Base currency: Euro
  • Risk profile (SRRI): 7

Class Terms

  • Management fee: p.a.
  • Incentive fee:
  • Minimum investment: €
  • BBG ticker:
  • ISIN:
  • Status:

A long-biased equity fund investing in financial stocks on a global basis. It aims to generate attractive risk-adjusted returns on a multi-year view, by identifying mispricing opportunities through fundamental analysis of a company’s intrinsic value.

Note: The synthetic risk and reward indicator (SRRI) is based on historical data and may not be a reliable indication for the future. It is calculated using the volatility of the Fund’s weekly performance over a five-year period. A score of 7 means the Fund’s historic volatility is between 25% +

Algebris IG Financial Credit Fund

ISIN:
BBG ticker:

Fund Terms

  • Inception date: 4th November 2019
  • Domicile: Ireland
  • Liquidity: Daily
  • Base currency: Euro
  • Risk profile (SRRI): 4

Class Terms

  • Management fee: p.a.
  • Incentive fee:
  • Minimum investment: €
  • BBG ticker:
  • ISIN:
  • Status:

A long-only fund investing primarily in IG senior and subordinated debt instruments in the global financial sector. It aims to generate an attractive level of income and modest capital appreciation in the medium term.

Note: The synthetic risk and reward indicator (SRRI) is based on historical data and may not be a reliable indication for the future. It is calculated using the volatility of the Fund’s weekly performance over a five-year period. A score of 4 means the Fund’s historic volatility is between 5% - 10%

Algebris Global Credit Opportunities Fund

ISIN:
BBG ticker:

Fund Terms

  • Inception date: 19th July 2016
  • Domicile: Ireland
  • Liquidity: Daily
  • Base currency: Euro
  • Risk profile (SRRI): 4

Class Terms

  • Management fee: p.a.
  • Incentive fee:
  • Minimum investment: €
  • BBG ticker:
  • ISIN:
  • Status:

An unconstrained credit strategy investing globally across sovereign, corporate (Investment Grade and High-Yield) and bank debt. It aims to generate yield, while also achieving diversification and liquidity optimisation.

Note: The synthetic risk and reward indicator (SRRI) is based on historical data and may not be a reliable indication for the future. It is calculated using the volatility of the Fund’s weekly performance over a five-year period. A score of 4 means the Fund’s historic volatility is between 5% - 10%

Algebris Core Italy Fund

ISIN:
BBG ticker:

Fund Terms

  • Inception date: 13th October 2017
  • Domicile: Ireland
  • Liquidity: Daily
  • Base currency: Euro
  • Risk profile (SRRI): 6

Class Terms

  • Management fee: p.a.
  • Incentive fee:
  • Minimum investment: €
  • BBG ticker:
  • ISIN:
  • Status:

A long-only fund investing primarily in equity securities of Italian companies, with a focus on the small and mid-capitalization segment of the market.

Note: The synthetic risk and reward indicator (SRRI) is based on historical data and may not be a reliable indication for the future. It is calculated using the volatility of the Fund’s weekly performance over a five-year period. A score of 6 means the Fund’s historic volatility is between 15% - 25%

Algebris Sustainable World Fund

ISIN:
BBG ticker:

Fund Terms

  • Inception date: 19th October 2022
  • Domicile: Ireland
  • Liquidity: Daily
  • Base currency: Euro
  • Risk profile (SRRI): 6

Class Terms

  • Management fee: p.a.
  • Incentive fee:
  • Minimum investment: €
  • BBG ticker:
  • ISIN:
  • Status:

The Fund aims to make a positive impact on environmental sustainability and social standards and to generate positive risk-adjusted returns in the long-term by investing in equity securities issued by global listed companies which contribute positively to the UN Sustainable Development Goals, while having a low environmental footprint and supporting sustainable planetary thriving.

Note: The synthetic risk and reward indicator (SRRI) is based on historical data and may not be a reliable indication for the future. It is calculated using the volatility of the Fund’s weekly performance over a five-year period. A score of 6 means the Fund’s historic volatility is between 15% - 25%

Algebris Strategic Credit Fund

ISIN:
BBG ticker:

Fund Terms

  • Inception date: 22nd May 2023
  • Domicile: Ireland
  • Liquidity: Daily
  • Base currency: Euro
  • Risk profile (SRRI): 3

Class Terms

  • Management fee: p.a.
  • Incentive fee:
  • Minimum investment: €
  • BBG ticker:
  • ISIN:
  • Status:
Note: The synthetic risk and reward indicator (SRRI) is based on historical data and may not be a reliable indication for the future. It is calculated using the volatility of the Fund’s weekly performance over a five-year period. A score of 3 means the Fund’s historic volatility is between 2% - 5%

Algebris Non Performing Loan Fund II

Algebris NPL Fund II is a closed-end fund investing in non-performing loans (NPLs) in Italy. Similarly to Algebris NPL Fund I, the Fund aims to take advantage of the numerous opportunities in the Italian NPL market, by adopting a cherry-picking approach to secured NPL portfolios and single loans. The Fund maintains a prime focus on the first lien mortgage space, guaranteed by high-end residential assets in prime locations in Northern and Central Italy.

Algebris NPL Fund II is managed by the Algebris NPL investment team, supported by Algos, the in-house special servicer.

The final closing of the Algebris NPL Fund II was in December 2017.

Algebris Non Performing Loan Fund III

Algebris NPL Fund III is a close-ended fund investing in Italian non-performing loans. Like its two predecessors, it focuses on first lien mortgages guaranteed by commercial and residential real estate assets located in prime locations in Northern and Central Italy.

Algebris NPL Fund IIIis managed by the Algebris NPL investment team, supported by Algos, the in-house special servicer.

The final closing of Algebris NPL Fund III took place in December 2021.

To access the Sustainability Related Disclosures for Algebris NPL Fund III, please click here.

Algebris Green Transition Strategy

Algebris Green Transition Fund is a private equity fund focused on the green transition in Italy and in Europe.

The Fund is built on three pillars: i) energy transition, ii) circular economy, and iii) smart cities & agritech and it is positioned on the ESG frontier by complying with Art.9 of the Sustainable Finance Disclosure Regulation (SFDR).

The investment universe encompasses companies that exhibit proven earnings potentials, resilient business models and sustainable long-term strategies. Through its hands-on approach, the Fund aims to actively support its portfolio companies by fostering expansion, internationalization and consolidation.

Algebris Green Transition Fund is managed by a leading industrial team headed by Luca Valerio Camerano, Managing Director at Algebris, and former CEO of A2A – the largest multi-utility company in Italy that pioneered the energy transition in Italy while growing as an industry leader in the circular economy. The other founding members are Francesco Becchelli and Matteo Tarchi, who joined Algebris in the first half of 2021, having worked with Valerio for many years cumulating together 50+ years of experience in the green sector. The portfolio management team’s track record includes 40+ transactions valued at ca. €4 billion completed over the last 5 years. Currently, the investment team is composed of 7 professionals.

As of July 4th 2022 the Fund has raised commitments for around €200m and it targets a total raise of €400m.