BK Opportunities Fund 7
- 2 Mezzanine Tranches EUR CLO
- Launched in 2021 – Still live
- No leverage
- 2 Mezzanine Tranches EUR CLO
- Launched in 2021 – Still live
- No leverage
Fund returns are all net of fees
Fund and Market Performances as of 31 Mar 2023
| BK Opp. Fund 7 | JPM CLO BB Index7 | JPM CLO B Index Index7 | Hedge Fund Index8 | European Corp. Loan Index9 | EuroStoxx 50 Index | |
|---|---|---|---|---|---|---|
| Monthly Return | -2.63% | -6.00% | -3.34% | -1.19% | -0.42% | 1.72% |
| Year-to-Date Return | 10.45% | 3.58% | 3.60% | 0.00% | 3.88% | 12.25% |
| Annual Return since Inception | 3.77% | 0.73% | -0.03% | -2.92% | 0.74% | 4.35% |
(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 | 2.00% |
| Cumulative Distribution1, 2 | 4.00% |
| NAV3 | 90.97% |
| Investor Value4 | 94.97% |
(1) Cash on cash, based on the Contribution Amount — (2) Since inception of BK Opportunities Fund-7, Oct 2021 — (3) Net Asset Value after distributions as of 31st December 2022, as a percentage of Contribution Amount — (4) Sum of the cumulative distributions since inception and the 30th October 2021 NAV
