- Kempen
- Diversified Distressed Debt Pool Class LI-GBP
Diversified Distressed Debt Pool Class LI-GBP
This share-classes will accept subscriptions until 1 September 2021. After this date it will be closed for subscriptions from both existing and new investors.
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.
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 2022-04-30 (rebased)
Performance per 2022-04-30
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| Fund | |
|---|---|
| 1 month | 0.0 % |
| 3 months | 1.3 % |
| This year | 1.1 % |
| 2021 | 16.2 % |
| 1 year (on annual basis) | 7.6 % |
| 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.
More information can be found on the documents page of this fund
Key figures
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| Total fund size | USD 212.84 M 2022-04-29 |
| Share class size | GBP 102.77 M 2022-04-29 |
| Number of shares | 874,609 2022-04-29 |
| Net Asset Value i | GBP 117.50 2022-04-29 |
Fund characteristics per 2022-04-30
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| Fund |
|---|
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fundâ€), 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.
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.
More information?
Other shareclasses
This share-classes will accept subscriptions until 1 September 2021. After this date it will be closed for subscriptions from both existing and new investors.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fundâ€), 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.
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.
More information?
Other shareclasses
This share-classes will accept subscriptions until 1 September 2021. After this date it will be closed for subscriptions from both existing and new investors.
Performance per 2022-04-30 (rebased)
Performance per 2022-04-30
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| Fund | |
|---|---|
| 1 month | 0.0 % |
| 3 months | 1.3 % |
| This year | 1.1 % |
| 2021 | 16.2 % |
| 1 year (on annual basis) | 7.6 % |
| 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.
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 “Fundâ€), 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.
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.
More information?
Other shareclasses
This share-classes will accept subscriptions until 1 September 2021. After this date it will be closed for subscriptions from both existing and new investors.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fundâ€), 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.
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.
More information?
Other shareclasses
This share-classes will accept subscriptions until 1 September 2021. After this date it will be closed for subscriptions from both existing and new investors.
No data available.
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fundâ€), 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.
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.
More information?
Other shareclasses
This share-classes will accept subscriptions until 1 September 2021. After this date it will be closed for subscriptions from both existing and new investors.
Ongoing charges
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| Management fee i | 0.375 % |
| Service fee i | 0.10 % |
| Taxe d'abonnement i | 0.01 % |
| Indirect costs i | 1.94 % |
| Expected ongoing charges i | 2.43% |
| Ongoing charges last financial year i | 2.43 % |
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 “Fundâ€), 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.
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.
More information?
Other shareclasses
This share-classes will accept subscriptions until 1 September 2021. After this date it will be closed for subscriptions from both existing and new investors.
Share class details
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| Share class | LI-GBP |
| Investor type | Institutional |
| Distributing | No |
| Duration hedged | No |
| Investment category | Alternative Credit |
| Inception date | 2021-01-04 |
| 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 |
This share class of the Fund was only available for investors who participate in the initial offering of the Fund, or within the first year following such offering. The Management Company, in its sole discretion, has decided to end the offering period of this share class as per September 1, 2021. A minimum initial subscription and holding amount of GBP 100.000 applies for this share class.
Tradability
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| Minimum subscription | Initial subscription and minimal holding amount GBP 100.000, additional subscriptions GBP 10.000 |
| Listed | no |
| Subscription/Redemption Frequency | Redemptions quarterly, on the first business day of January, April, July and October. |
| ISIN i | LU2244839887 |
| Entry period purchase order | This share class is closed for new subscriptions. |
| 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 “Fundâ€), 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.
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.
More information?
Other shareclasses
This share-classes will accept subscriptions until 1 September 2021. After this date it will be closed for subscriptions from both existing and new investors.
Facts & figures
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Annual Reports
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Semi- Annual Reports
Prospectus
Key Investor Information
Formal documents other
Diversified Distressed Debt Pool (the "Sub-Fund") is a Sub-Fund of Kempen Alternative Investment Fund Sicav (the “Fundâ€), 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.
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.
More information?
Other shareclasses