Diversified Distressed Debt Pool Class I-GBP

Profile

The Fund primarily consists of a concentrated pool of participations in investment vehicles managed by third-party managers. These operate as opportunistic credit funds mainly focusing on (sub-investment grade) global credit markets (and derivative markets) with an emphasis on developed markets in the US, Europe and Asia and, to a lesser extent, with the flexibility to invest in credit markets in emerging markets.

It is anticipated that the investment vehicles will invest a large amount of capital in distressed/restructuring strategies, focusing primarily on corporate credit instruments of companies trading at significant discounts to their value at issuance or obliged (par value) at maturity as a result of either formal bankruptcy proceedings or market perception of near term proceedings.
The Fund is actively managed and does not have a benchmark.

Management team

Michiel Meeuwissen, Remko van der Erf, Theo Nijssen, Wouter van der Stee

Performance per 2022-03-31 (rebased)

No chart data available

Performance per 2022-03-31

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  Fund
1 month 1.2 %
3 months 1.0 %
This year 1.0 %
2021 15.4 %
1 year (on annual basis) 8.8 %
Since inception (on annual basis) i 13.0 %
Performance is shown after deduction of ongoing charges. The value of your investments may fluctuate. Past performance provides no guarantee for the future. Performance data until October 1st 2021 are based on the LI-GBP share class of the same Fund and have been recalculated to reflect the higher management fee of the Diversified Distressed Debt I-GBP.
More information can be found on the documents page of this fund

Key figures

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Total fund size
USD 270.42 M 2022-03-31
Share class size
GBP 39.33 M 2022-03-31
Number of shares
389,373 2022-03-31
Net Asset Value i
GBP 101.00 2022-04-29

Fund characteristics per 2022-03-31

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  Fund
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management NV (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-fund is registered for offering in a limited number of countries. The countries where the Sub-fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management NV (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-fund is registered for offering in a limited number of countries. The countries where the Sub-fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Performance per 2022-03-31 (rebased)

No chart data available

Performance per 2022-03-31

Slide to see more
  Fund
1 month 1.2 %
3 months 1.0 %
This year 1.0 %
2021 15.4 %
1 year (on annual basis) 8.8 %
Since inception (on annual basis) i 13.0 %
Performance is shown after deduction of ongoing charges. The value of your investments may fluctuate. Past performance provides no guarantee for the future. Performance data until October 1st 2021 are based on the LI-GBP share class of the same Fund and have been recalculated to reflect the higher management fee of the Diversified Distressed Debt I-GBP.

Dividends

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Distributing
No
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management NV (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-fund is registered for offering in a limited number of countries. The countries where the Sub-fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management NV (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-fund is registered for offering in a limited number of countries. The countries where the Sub-fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
No data available.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management NV (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-fund is registered for offering in a limited number of countries. The countries where the Sub-fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Ongoing charges

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Management fee i
0.750 %
Service fee i
0.10 %
Taxe d'abonnement i
0.01 %
Indirect costs i
1.94 %
Expected ongoing charges i
2.80 %
Ongoing charges last financial year i
2.80 %
The ongoing charges figure of the last financial year relates to 2021.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management NV (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-fund is registered for offering in a limited number of countries. The countries where the Sub-fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Share class details

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Share class
I-GBP
Investor type
Institutional
Distributing
No
Duration hedged
No
Investment category
Alternative Credit
Inception date
2021-10-01
Domicile
Luxembourg
May be offered to professional investors only in
Belgium, Luxembourg, Switzerland, The Netherlands, United Kingdom
UCITS status i
No
Status
Open-end i
Base currency
USD
Share class currency
GBP
Administrator
BNP Paribas Securities Services S.C.A., Luxembourg branch
Management company
Kempen Capital Management NV
Depositary and custodian
BNP Paribas Securities Services S.C.A., Luxembourg branch

Tradability

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Minimum subscription
De minimale eerste inleg en minimumdeelneming in deze aandelenklasse van het Fonds is GBP 100.000.
Listed
no
Subscription/Redemption Frequency
Subscriptions monthly on the first business day, redemptions quarterly, on the first business day of January, April, July and October.
ISIN i
LU2373432710
Entry period purchase order
In order to be executed, orders must be received by BNP Paribas Securities Services S.C.A., Luxembourg branch 3 business days before the valuation day. Your distributor may use longer entry periods.
Entry period sell order
In order to be executed, orders must be received by BNP Paribas Securities Services S.C.A., Luxembourg branch 92 calendar days before the valuation day. Your distributor may use longer entry periods.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management NV (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-fund is registered for offering in a limited number of countries. The countries where the Sub-fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management NV (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of the Fund at the Dutch Authority for the Financial Markets (AFM).
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch and English) and the prospectus (available in English). These documents of the Fund are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English.
The Sub-fund is registered for offering in a limited number of countries. The countries where the Sub-fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.