Volta Finance Ltd (VTA) NPV
Sell:€6.50Buy:€7.00
€0.25
(3.70%)
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Stocks and Shares ISA€0.25
(3.70%)€0.25
(3.70%)Trust Information
About this company
Objective
The company invest through vehicles and arrangements that essentially provide leveraged exposure to portfolios of such Underlying Assets. In this regard, the company reviews the investment strategy adopted by AXA IM on a quarterly basis. The current investment strategy is to concentrate on the following asset classes: CLO (Debt/Equity/Warehouses); Synthetic Corporate Credit; Cash Corporate Credit; and ABS. There can be no assurance that the company will achieve its investment objectives. it seeks to attain its investment objectives predominantly through investment in a diversified portfolio of structured finance assets.
Costs
- Ongoing charge2.23%
- Annual management charge1.50% of Net Assets
- Performance feeYes
Fee structure
Management fee at a rate of 1.5% p.a. of the lower of NAV EUR 300m and 1% of the amount by which the NAV exceeds EUR 300m, calculated for each semi-annual period. Performance Fee of 20% of any NAV outperformance over an 8% hurdle on an annualised basis.
Value Assessment
- Value Assessment review date-
- Value Assessment next review date-
- Is Assessment of Value required under COLL?No
- Outcome of COLL Assessment of Valuen/a
- Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
- Other review related to value and or charges -
- Further information-
Key facts
- CurrencyEUR
- BenchmarkNo benchmark
- Shares in issue-
- Gross gearing0.00%
- EPIC-
- ISINGG00B1GHHH78
- DomicileGuernsey
- Exchange
- Index
- Website
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.