Descartes Alternative Credit
The Descartes Alternative Credit fund is a UCITS under Irish law. It is managed by Cartesia and hosted on the Waystone Management platform. This “cross over” fund has the particularity of investing mainly in tranches of CLOs rated from A to B. This fund offers weekly liquidity and its net asset value is calculated daily.
General Information
Legal Status / Classification | ICAV - UCITS |
Juridiction | Ireland |
Management Company | Waystone Management Company |
Investment Manager | Cartesia |
Average Portfolio Rating | BB+ |
Liquidity | Weekly |
ISR Risk index | 4/7 |
Maturity | Evergreen |
SFDR Classification | Article 6 |
Custodian | Northern Trust |
Launch Date | 30/05/2019 |
Performance
Share class A – IE00BJCWT213 au 31/10/2024. Source : Cartesia
Risk profile
Disclaimer
These elements are provided for information purposes only. They are not contractually binding and do not constitute an investment advice or proposal. The data presented herein have not been verified by the auditors of the funds. Past performance is not indicative of future results. The capital invested in the funds is not guaranteed, and the investor may lose all or part of their investment. Investment in the fund may be subject to restrictions for certain individuals or countries. Tax treatment depends on each individual’s situation. Risks factors and fees are described in the prospectus and others offering documents, and for UCITS, in the KIID (Key Investor Information Document), which must be provided at the time of subscription. The information and/or statistics presented in this document come from sources that Cartesia considers reliable but cannot any liability. The views, assumptions, calculations and estimates reflect Cartesia’s own analysis, based on information available at the time of publication, but may change at any time. The parameters used reflect common and conservative assumptions by Cartesia, but their accuracy cannot be guaranteed. These views are also summarized and therefore may be inaccurate or incomplete. Cartesia is regulated by the Autorité des Marchés Financiers.