Atlantic House Defined Returns Fund

The Atlantic House Defined Returns Fund aims to deliver predictable, long-term annualised returns of 7%-8% in all but the bleakest market conditions.

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Why consider this fund?

The Fund seeks to deliver:

7%-8% annualised long-term return

Positive long-term growth in anything but significant and sustained market falls.

Key fund documents

Factsheet

Accumulation

The Atlantic House Defined Returns Fund aims to deliver predictable, long-term annualised returns of 7% in all but the bleakest market conditions

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Navigating Uncertainty

In our latest webinar,  CIO Tom May reviews AH Defined Returns Fund performance and discusses predictability and how equity market volatility impacts the Fund's returns.

Watch here

Dedicated to managing your investment

What does the fund invest in?

The Fund aims to deliver its predictable outcomes by investing in derivatives linked to large, liquid equity indices. These derivatives are backed by investment grade sovereign and corporate bonds, predominantly UK gilts, aiming to minimise credit risk.

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Performance as at 31 July 2022

Past performance does not predict future returns.

The Fund is not managed or constrained by a specific benchmark, instead the managers focus solely on selecting investments that they believe will achieve the Fund’s objective. Performance for the Fund can however be compared to the benchmark: Solactive United Kingdom 100 Net Total Return Index (UK large Caps), Solactive US Large Cap Index (US Large Caps) and Solactive Euro 50 Net Total Return Index (European Large Caps).

Discrete annual performance (%) 

Source: Atlantic House/ Solactive as at 31/07/2022 in GBP.  UK Large Caps: Solactive United Kingdom 100 Net Total Return Index, US Large Cap: the Solactive US Large Cap Index and European  Large Cap Solactive Euro 50 Net Total Return Index. Fund: B Shares, Total Return.

Cumulative performance (%)

Source: Atlantic House/Solactive as at  31/07/2022 in GBP.  UK Large Caps: Solactive United Kingdom 100 Net Total Return Index, US Large Cap: the Solactive US Large Cap Index and  European Large  Caps:  Solactive Euro 50 Net Total Return Index. Fund: B Shares, Total Return.  Fund  Launch : 4 November 2013.

Calendar year performance (%)

Source: Atlantic House/ Solactive as at 31/07/2022 in GBP. UK Large Caps: Solactive United Kingdom 100 Net Total Return Index, US Large Cap: the Solactive US Large Cap Index and the  Europe Large Cap Solactive Euro 50 Net Total Return Index. Fund: B Shares, Total Return.

Average cover to capital loss as at 31 July 2022:  33.12%

The Fund’s performance is linked to large equity indices. Based on investments held on the date stated above, the average cover to capital loss figure shows the approximate average level those indices could fall before capital is at risk.  

Estimated future returns

The table below shows the estimated future returns for the Fund over a range of falling, flat or rising market conditions and over different time periods. Although the Fund has a medium to long-term objective to deliver an annualised return of 7%-8% over the long term, the scenario analysis is calculated over shorter term periods for greater accuracy. The scenarios presented are an estimate of future performance based on current derivative market conditions and are not an exact indicator. What you get will vary depending on how the market performs and how long you keep the investment

Source: Atlantic House as at 31/07/2022.

Distributions

Class I Distribution – 4% GBP

Source:  Atlantic House

Class I Distribution – 5% GBP

Source: Atlantic House

Investors who receive distributions from the Fund should be aware that these payments are made from capital, this will limit the potential for capital growth.

Key fund risks

This is not a comprehensive list of every risk factor. You can view the full list in the Risk Warning section of the Prospectus, Supplement and Key Investor Information Document here.

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Fund information

as at 31 July 2022

Objective: To generate capital growth in the value of its shares over the medium to longer term.

Launch date: 4 November 2013

Fund size: £1.47bn    

Comparator Benchmark: Solactive United Kingdom 100 Net Total Return Index, Solactive US Large Cap Index and the Solactive Euro 50 Net Total Return Index

Dealing: Daily

Manager: Gemini Capital Management (Ireland) Limited 

Domicile: Dublin, Ireland

Platforms

Aberdeen, Aegon, Ascentric, Aviva, CoFunds, Elevate, Fidelity, FNXZ, Hubwise, James Hay, Novia, Novia Global, Nucleus, Pershing, Raymond James, Transact

Share Class Information

Important information

  •  This is a marketing communication.

  • A copy of the English version of the Supplement, the Prospectus, and any other offering document and the KIID can also be viewed at www.geminicapital.ie.  A summary of investor rights associated with an investment in the Fund is available in English at www.geminicapital.ie.

  • 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.

  • The Fund is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trademark or the Index Price at any time or in any other respect. The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the Fund. Neither publication of the Index by Solactive AG nor the licensing of the Index trademark for the purpose of use in connection within the Fund constitutes a recommendation by Solactive AG to invest capital in said Fund nor does it in any way represent an assurance or opinion of Solactive AG about any investment in this Fund.

  • The Fund’s returns will not keep pace with strong rises in equity markets

  • The value of investments and any income from them can go down in value, and you could get back less than invested.

  • There is no guarantee that the Fund will achieve its objective.

  • The Fund invests in derivatives.  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 invests 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.

  • Other risks the Fund is exposed to include but are not limited to, credit and counterparty risk, possible changes in exchange rates, interest rates and inflation, changing expectations of future market volatility, changing expectations of equity market correlation and changing dividend expectations.