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.

Management team

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

Performance per 2022-04-30 (rebased)

No chart data available

Performance per 2022-04-30

Slide to see more
  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

Slide to see more
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

Slide to see more
  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.

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 “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.

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)

No chart data available

Performance per 2022-04-30

Slide to see more
  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

Slide to see more
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.

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 “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.

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 “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.

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

Slide to see more
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 “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.

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

Slide to see more
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

Slide to see more
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 “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.

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 “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.