BK Opportunities Fund 6

  • 2 Mezzanine Tranches US CLO
  • Launched in 2019 – Still live
  • No leverage
  • Cumulative Distribution since Inception: 20.5%
  • 2 Mezzanine Tranches US CLO
  • Launched in 2019 – Still live
  • No leverage
  • Cumulative Distribution since Inception: 20.5%
Fund returns are all net of fees

Fund and Market Performances as of 31 December 2022

BK Opp. Fund 6JPM CLO BB Index7 JPM CLO B Index7 Hedge Fund Index8 S&P LSTA Loan Index9 S&P 500 Index
Monthly Return (non-annualized)2.56%1.35%0.50%-0.06%0.44%-5.90%
Year-to-Date Return (non-annualized)-5.41%-3.82%-6.39%-4.41%-0.60%-19.44%
Annual Return since Inception1.11%4.79%6.49%3.23%2.97%9.72%

(7) Based on the total return level of the JPMorgan CLO Index “CLOIE” for post-crisis CLO tranches rated BB (respectively B).

(8) Index designed to represent the overall hedge fund universe.

(9) S&P LSTA US Leverage Loan Index Total Return, sums principal, interest and reinvestment returns

Distribution

Quarterly Distribution1 1.75%
Cumulative Distribution1, 2 22.25%
NAV3 80.49%
Investor Value4 102.74%
(1) Cash on cash, based on the Contribution Amount — (2) Since inception of BK Opportunities Fund-6, May 2019 — (3) Net Asset Value after distributions as of 30th June 2021, as a percentage of Contribution Amount — (4) Sum of the cumulative distributions since inception and the 30th June 2021 NAV

Cumulative and Quarterly Distribution