BK Opportunities Fund 6
- 2 Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- No leverage
- Cumulative Distribution since Inception: 18%
- 2 Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- No leverage
- Cumulative Distribution since Inception: 18%
Fund returns are all net of fees
Fund and Market Performances as of 31 Mar 2022
| BK Opp. Fund 6 | JPM CLO BB Index(7) | JPM CLO B Index(7) | Hedge Fund Index(8) | S&P LSTA Loan Index(9) | S&P 500 Index | |
|---|---|---|---|---|---|---|
| Monthly Return (non-annualized) | 1.57% | 0.11% | 0.40% | 0.48% | 0.5% | 3.58% |
| Year-to-Date Return (non-annualized) | 0.79% | -0.33% | 1.42% | -1.35% | -0.10% | -4.95% |
| Annual Return since Inception | 3.85% | 7.44% | 11.38% | 5.26% | 3.95% | 21.33% |
(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 of hedge fund universe — (9) S&P LSTA US Leverage Loan Index Total Return, sums principal, interest and reinvestment returns
Distribution
| Quarterly Distribution(1) | 3.0% |
| Cumulative Distribution(1,2) | 18.00% |
| NAV(3) | 90.35% |
| Investor Value(4) | 108.35% |
(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
