The objective of the IXIOS Recovery fund is to benefit from the normalization of discounts (absolute or relative) on companies in developed markets via the asset class offering the profile most suited to the managers' conviction on the company and its risk.
The various levels of a company's liabilities - ordinary or preferential equity (shares), convertible debt, hybrid, subordinated or senior debt - benefit from different recovery engines and may experience rerating cycles that are staggered over time.
AUM: 41 MEUR on 20/10/2021
|ISIN||CLASS||LAUNCH DATE||NAV AS OF 20/10/2021||MINIMUM INITIAL INVESTMENT||FIXED MANAGEMENT FEES|
|FR0013514270||F||Open to subscriptions||1,000.00 EUR||5,000,000 EUR||0.80%|
|FR0014001KX3||F - Prime||29/01/2021||1,161.37 EUR||Reserved for founders||0.80%|
|FR0013514296||I||15/10/2020||1,337.31 EUR||100,000 EUR||1.35%|
|FR0013514304||P||03/12/2020||1,169.44 EUR||1 action||2.00%|
Countries of Registration : France, Switzerland, Italy (Qualified Investors only).