Tabula Global High Yield Credit UCITS Fund

AuM:
US$5'862'891

Data: Assets under Management (AuM) as of 31 March 2024

Key risks

No capital protection: The value of your investment may go down as well as up and you may not get back the amount you invested.

Market risk: The fund is primarily exposed to credit risk through credit indices and credit index options. Returns will suffer if there is a default, or higher perceived risk of default, among the entities referenced by the indices, or a write-down (“bail in”) of an entity’s debt by financial authorities. The fund may also be impacted by other factors affecting the value of debt securities issued by those entities, including changes in interest rates and exchange rates. When selling CDS on subordinate debt, such debt may be subordinate to senior debt.

Risk of financial derivatives and techniques: The fund invests in financial derivative instruments to gain both long and short market exposure to the underlying market with rebalancing on a monthly basis. The
performance of the Fund over periods longer than one month may not be inversely proportional or symmetrical with the returns of the reverse positions in the underlying instruments.

Foreign exchange risk: The fund invests in EUR and USD denominated assets and does not provide a hedge to currency exposure in the base class. Strengthening or weakening of currencies may impact performance.

Leverage: The fund may use leverage, so losses may be magnified.

Liquidity risk: Lower liquidity means there are insufficient buyers or sellers to allow the fund to sell or buy investments readily. Neither the Index provider nor the issuer make any representation or forecast on the
liquidity of CDS transactions.

Counterparty risk: The fund may incur losses if any institution providing services such as safekeeping of assets or acting as a derivatives counterparty becomes insolvent.

Credit Risk: The issuer of a financial asset held within the fund may not pay income or repay capital to the fund when due.