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: 27.3% (NAV still above par)
-
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: 27.3% (NAV still above par)
Fund returns are all net of fees
Fund and Market Performances as of 31 March 2022
BK Opp. Fund 5 | JPM CLO BB (US) Index(7) | JPM CLO B Index (US) Index(7) | Hedge Fund Index(8) | European Corp. Loan Index(9) | EuroStoxx 50 Index | |
---|---|---|---|---|---|---|
Monthly Return (non-annualized) | -0.70% | 0.11% | 0.40% | 0.48% | 0.18% | -0.32% |
Year-to-Date Return (non-annualized) | -3.00% | -0.33% | 1.42% | -1.35% | -0.56% | -9.25% |
Annual Return since Inception | 8.27% | 6.93% | 9.53% | 2.97% | 3.26% | 3.78% |
(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) S&P LSTA European Leverage Loan Index Total Return, sums principal, interest and reinvestment returns
Distribution
Quarterly Distribution (1) | 1.50% |
Cumulative Distribution (1,2) | 33.00% |
NAV (3) | 94.30% |
Investor Value (4) | 127.30% |
(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 30 June 2021, as a percentage of Contribution Amount — (4) Sum of the cumulative distributions since inception and the 31st December 2020 NAV