Tabula Liquid Credit Income UCITS Fund

AuM:
€237'875'119

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

Maximising credit income potential with systematic tail protection

The Tabula Liquid Credit Income UCITS Fund (TLIQ) aims to generate high income and capital appreciation, whilst maintaining low interest rate duration. The strategy takes exposure to primarily liquid investment grade credit indices and applies a systematic tail-hedging strategy to mitigate downside risk during large market shocks.

Fund information
Umbrella fund:Tabula ICAV
Investment manager:Tabula Investment Management Limited
Administrator:HSBC Securities Services (Ireland)
Fund inception:16 December 2021
DomicileIreland
Base currency: EUR
Denominations:EUR, GBP, USD, CHF
Share class ISIN Bloomberg Currency NAV per share NAV date Download KIID
Class A EUR (Acc) IE00BN92ZH94 TLIQAAC ID EUR € 118.4847 12/06/2024
Class F EUR (Acc) IE00BN92ZJ19 TLIQFAC ID EUR € 119.6735 12/06/2024
Class I USD (Acc) IE000Y0CBN66 TLIQIAC ID USD $ 126.1070 12/06/2024
Class GI GBP (Inc) IE000ALBVX98 TLIQGID ID GBP £ 125.9324 12/06/2024
Class D USD (Acc) IE000JOGWGE0 TLIQDAC ID USD $ 126.8216 12/06/2024
Class B GBP (Acc) IE000DCJNDC2 TLIQBAC ID GBP £ 125.6196 12/06/2024
Class C CHF (Acc) IE000NOSSRV6 TLIQCAC ID CHF CHF 101.8084 12/06/2024
Class A2 EUR (Acc) IE000QE5W1E6 TLIQAAA ID EUR € 99.9991 12/06/2024

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.

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

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

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