The TS 6% Secured Income Note (“Note”) is an exchange listed security.
The Note provides investors with quarterly coupon payments equating to
6% annually, secured by an underlying portfolio of liquid,
diversified, fixed income strategies. The product is structured as a
fixed income security, secured against an underlying cash generative
asset base.
The product offers investors quarterly redemptions with a 1-year
lock-in period, providing a liquid fixed income investment
opportunity. The product is quoted on the Wiener Börse exchange and
priced monthly.
The primary investment objective of the Note is to deliver 6% per
annum in income returns to the investors.
To achieve this, the Note will deploy capital across diversified fixed
income strategies to secure the income to meet the coupon payments,
subject to strict risk constraints.
The Note employs a dynamic approach to asset allocation across
multiple fixed income strategies, optimising investments through
thorough risk analysis. Investments range across multiple asset
classes with a key focus on US government bonds.
Fixed Income - The Note will leverage returns on newly issued
(predominantly) US government backed paper to enhance returns on
capital and generate returns to cashmatch the obligations of the Note.
Credit & Asset Backed Finance - This strategy deploys to fixed
income and speciality lending opportunities.
Tourbillon Advisory is the manager of the Note. It is run by a team
with over 50 year's combined experience, spanning fund management,
market making and trading across global markets.
The regulated lead managers have an impressive performance track
record, generating 10% annualized returns for its investors since the
company was founded in 2018.
| ISIN | XS2647279368 |
| Base Currency | US Dollars |
| Min Investment | USD $100,000 |
| Liquidity | Quarterly Redemptions |
| Issue Date | June 2023 |
| Maturity | June 2033 |
| Initial Lock-In Period | 1 Year |
| Max Issuance | USD $500m |
| Annual Coupon | 6% p.a. |
| Coupon Payment | Quarterly |
| Issuer | Diversified ETP DAC (Alphanotes) |
| Exchange Listing | Wiener Börse (Austria) |
| Underlying Assets | Government backed US Bond, Credit & Asset Backed Finance |
| Markets | US |
| Trade Duration | Short / Medium Term |
| Issuing Agent Transfer Agent Registrar |
|
| Trustee |
|
| Portfolio Manager |
|
| Legal Advisors |
|
| Auditor |
|