BK Opportunities Fund 5
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Launched in 2018 – Still live
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2.0 CLO Equity and Mezzanine Fund in Euro launched in 2018
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Original size €75m, 5-year term
- No leverage
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Cumulative Distribution since Inception: 70.0%
-
Launched in 2018 – Still live
-
2.0 CLO Equity and Mezzanine Fund in Euro launched in 2018
-
Original size €75m, 5-year term
- No leverage
-
Cumulative Distribution since Inception: 70.0%
Fund returns are all net of fees
Fund and Market Performances as of 31 December 2023
| BK Opp. Fund 5 | JPM CLO BB Index7 | JPM CLO B Index Index7 | Hedge Fund Index8 | European Corp. Loan Index9 | STOXX Europe 600 | |
|---|---|---|---|---|---|---|
| Monthly Return (non-annualized) | 4.2% | 2.9% | 3.3% | 1.9% | 1.1% | 3.8% |
| Year-to-Date Return (non-annualized) | 37.2% | 24.5% | 26.8% | 6.9% | 13.5% | 12.7% |
| Annual Return since Inception | 8.0% | 8.2% | 9.5% | 5.4% | 4.0% | 4.3% |
(7) Based on the total return level of the JPMorgan CLO Index “CLOIE” for post-crisis US CLO tranches rated BB (respectively B) — (8) Index designed to represent the overall of hedge fund universe — (9) European Corp. Loan Index, sums principal, interest and reinvestment returns
Distribution
| Quarterly Distribution1 | 9.25% |
| Cumulative Distribution1, 2 | 70.00% |
| NAV3 | 68.84% |
| Investor Value4 | 138.84% |
(1) Cash on cash, based on the Contribution Amount — (2) Since inception of BK Opportunities Fund-5, August 2018 — (3) Net Asset Value after distributions as of 30th September 2023, as a percentage of Contribution Amount — (4) Sum of the cumulative distributions since inception and the 30th September 2023 NAV
