The Fund seeks long-term capital appreciation with low correlation to fixed income, equity and alternative investments. The Fund holds a diversified portfolio of rights, obligations and securities, such as bonds, notes, preference shares, swaps, options, and other equity or derivative-type instruments, of which the return of notional value and/or payment of compensation for assuming insurance event risk is contingent upon the non-occurrence of a specific event. The portfolio is actively managed in order to optimize results in the context of prevailing market situations.
The Solidum Event Linked Securities Fund, SAC Fund 2 surpasses the scope of a cat bond-only fund and offers its investors a higher return potential together with broader diversification. In order to achieve this alternative instruments used include ‘private’ cat bonds which provide the portfolio with reinsurance exposures, currently not accessible in the form of public cat bonds. As a result, the Fund seeks to achieve higher returns than a diversified cat bond-only fund.
The Fund currently offers share classes in the four currencies USD, EUR, CHF and GBP. Institutional share classes are available for investments exceeding defined volume thresholds.