For outcomes shaped by predictability
Atlantic House Total Return Fund
The ‘engine room’ of the Atlantic House Total Return Fund (c.50% of the portfolio) is invested in defined return strategies.
Typically formed by combining derivative strategies with an investment in sovereign bonds, the Fund’s defined return strategies seek to deliver a pre-determined rate of equity-like return (currently around 8% annualised p.a.) over a specified period of time.
For the pre-determined returns not to be met, one or more of the developed market indices to which the investments are linked would need to fall significantly (by a third or more) and not recover by the time the investment matures.
This means the Fund has the potential to deliver returns in a range of positive, flat or negative market scenarios over time. Of course, like equities, these investments can fall in value but unlike equities, the circumstances and risk of loss is clearly defined at the outset.
With a pre-determined, fixed level of return and a quantifiable level of risk, it is therefore possible to achieve a predictable outcome over the long term, providing greater clarity for investors.
The Fund’s innovative volatility overlay, aims to further reduce the risk of drawdowns in the Fund during significant market stress.
This combination of Fund investments helps to reduce the overall risk of the Fund to around half that of global equities.
Atlantic House has a long history of managing defined return investments. We believe the transparency and predictability offered by liquid, derivative-based investment strategies, when blended with traditional assets, can help investors plan and manage their portfolios more effectively to achieve more predictable, long-term outcomes. We use the same approach in our flagship Defined Returns Fund, which launched in 2013 and as at 30 November 2021 has an AUM of over £1.5billion.
You can find out more about our defined returns investment approach in a recent update:
This is a marketing communication. A final investment decision should not be contemplated until the risks, which can be found in the Supplement, Prospectus and KIID are fully considered.
Key Risks
This is a marketing communication. A comprehensive list of risk factors is detailed in the Risk Warnings Section of the Prospectus and the Supplement of the Fund and in the relevant key investor information document (KIID) final investment decision should not be contemplated until the risks are fully considered. A copy of the English version of the Supplement, the Prospectus, and any other offering document and the KIID can be viewed on our literature page and www.geminicapital.ie.
A summary of investor rights associated with an investment in the Fund is available in English at www.gemincapital.ie.
Calculations do not consider credit spread movements of the issuers of the securities. The mark to market of the securities and therefore the NAV of the Fund will decrease as credit spreads widen and vice versa if spreads narrow.
The price of shares and income from them can go down as well as up and past performance is not a guide to future performance. Investors may not get back the full amount originally invested.
The Fund invests in derivatives for investment purposes, for efficient portfolio management and/ or to protect against exchange risks. Derivatives are highly sensitive to changes in the value of the asset from which their value is derived. A small movement in the value of the underlying asset can cause a large movement in the value of the derivative. This can increase the sizes of losses and gains, causing the value of a derivative investment to fluctuate and the Fund could lose more than the amount invested. The Fund can invest in high quality government and corporate bonds. All bonds will be rated at least A- by Standard and Poors at outset. If any of the bonds the Fund owns suffer credit events the performance of the Fund could be adversely affected.
A decision may be taken at any time to terminate the arrangements for the marketing of the Fund in any jurisdiction in which it is currently being marketed. Shareholders in affected EEA Member State will be notified of any decision marketing arrangements in advance and will be provided the opportunity to redeem their shareholding in the Company free of any charges or deductions for at least 30 working days from the date of such notification.
Important Information
Source for all data is Atlantic House Investments as of 30 November, unless stated otherwise.
This document is issued by Atlantic House Investments Limited and does not constitute or form part of any offer or invitation to buy or sell shares. It should be read in conjunction with the Fund’s Prospectus, key investor information document (“KIID”) or offering memorandum. Atlantic House Investments Limited is authorised and regulated by the Financial Conduct Authority FRN 931264. Atlantic House Investments Limited is a Private Limited Company registered in England and Wales, registered number 11962808. Registered Office: One Eleven Edmund Street, Birmingham B3 2HJ.
The contents of this document are based upon sources of information believed to be reliable. Atlantic House Investments Limited has taken reasonable care to ensure the information stated is accurate. However, Atlantic House Investments Limited make no representation, guarantee or warranty that it is wholly accurate and complete.
The Atlantic House Total Return Fund is a sub-fund of GemCap Investment Funds (Ireland) plc, an umbrella type open-ended investment company with variable capital, incorporated on 1 June 2010 with limited liability under the laws of Ireland with segregated liability between sub-funds.
GemCap Investment Funds (Ireland) plc is authorised in Ireland by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. No. 352 of 2011) (the “UCITS Regulations”), as amended.
Gemini Capital Management (Ireland) Limited, trading as GemCap, is a limited liability company registered under the registered number 579677 under Irish law pursuant to the Companies Act 2014 which is regulated by the Central Bank of Ireland. Its principal office is at Ground Floor, 118 Rock Road, Booterstown, A94 V0Y, Co. Dublin and its registered office is at 1 WML, Windmill Lane, Dublin 2, D02 F206. GemCap acts as both management company and global distributor to GemCap Investment Funds (Ireland) plc.
GemCap UK Limited (FRN 924419) is an appointed representative of Connexion Capital LLP (FRN 480006), which is authorised and regulated by the Financial Conduct Authority and provides distribution oversight services to GemCap acting as global distributor and is responsible for the oversight of all distribution arrangements for the sub-fund.