Fortem Capital US Equity Income Fund

  • THE FUND - What it will do…
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    KEY BENEFITS
    • 4% pa target income paid out or reinvested
    • Potential for some outperformance
    • Targeting daily beta of 1 to S&P 500 Total Return Index, inclusive of income
    • Physically backed with underlying equities
    • Daily liquidity
    KEY RISKS
    • Capital at risk: Investors may lose capital in line with the performance of the underlying S&P 500 Total Return Index
    • Tracking error: The Fund’s Total Return performance may deviate from the benchmark
    • Income risk: If dividend yields and implied volatility levels fall, investors may receive less than 4% target income
  • FUND MATERIALS
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    Factsheet Documents

    US Equity Income - August 2021

    US Equity Income - July 2021

    KIID Documents

    Class F USD

    Prospectus Documents

    Prospectus

    Supplement

    Application Documents

    Application Form

  • KEY FACTS
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    Class F

    NAV

    $1.0800

    $Change

    $0.780891

    %Change

    0.008%
    As of: 10/09/2021

    KEY FACTS
    Investment Manager
    Fortem Capital Limited
    Fund Type
    Irish Domiciled UCITS V ICAV
    Base Currency
    USD
    Liquidity
    Daily
    Dealing Deadline
    10:30am Irish Time
    Pricing
    Daily COB
    Share Type
    Class F: Distribution
    Initial Share Price
    $1
    Minimum Subscription Amount
    Class F: $5,000,000 *

    Total Expense Ratio Day 1
    Class F: 60bps
    Reporting Status
    Registered with HMRC
    ISIN
    Class F USD - IE00BL643474
    Dealing Line
    +353 (0)1434 5124
    Dealing Email
    davy_ta_queries@ntrs.com
    Auditor
    Deloitte
    Depository, Administrator, Registrar & TA
    Northern Trust
    BEST
    EXECUTION
    For further information relating to our Best Execution Disclosure please contact the team at team@fortemcapital.com
    CONTACT DETAILS
FORTEM CAPITAL US EQUITY INCOME FUND
Aiming to generate annual income of 4% p.a., whilst providing for capital growth such that the Fund’s total return tracks the S&P 500 Index’s total return, with the opportunity for some outperformance. The target income will be generated from a combination of dividends on the underlying stocks and premiums from the selling of listed options on the S&P 500 Index. The Fund will additionally employ hedging techniques in order to minimize daily tracking error to the S&P 500 Total Return Index. The Fund will:
  • Gain exposure to the S&P 500 Total Return Index collecting dividends gross of WHT
  • Buy and sell cheap / rich listed options and collect up-front premiums: Dividend Yield + Sold Option Premiums ➔ 4% p.a. target income
  • Use S&P 500 futures to manage the Fund’s exposure back to a daily target beta of 1
FUND MATERIALS
Factsheet Documents

US Equity Income - August 2021

US Equity Income - July 2021

Commentaries
KIID Documents

Class F USD

Prospectus Documents

Prospectus

Supplement

Application Documents

Application Form

KEY BENEFITS
  • 4% pa target income paid out or reinvested
  • Potential for some outperformance
  • Targeting daily beta of 1 to S&P 500 Total Return Index, inclusive of income
  • Physically backed with underlying equities
  • Daily liquidity
KEY RISKS
  • Capital at risk: Investors may lose capital in line with the performance of the underlying S&P 500 Total Return Index
  • Tracking error: The Fund’s Total Return performance may deviate from the benchmark
  • Income risk: If dividend yields and implied volatility levels fall, investors may receive less than 4% target income
BEST
EXECUTION

For further information relating to our Best Execution Disclosure please contact the team at team@fortemcapital.com

Class F

NAV / Daily change as of close of business: 10/09/2021
KEY FACTS
Investment Manager
Fortem Capital Limited
Fund Type
Irish Domiciled UCITS V ICAV
Base Currency
USD
Liquidity
Daily
Dealing Deadline
10:30am Irish Time
Pricing
Daily COB
Share Type
Class F: Distribution
Initial Share Price
$1
Minimum Subscription Amount
Class F: $5,000,000 *

Total Expense Ratio Day 1
Class F: 60bps
Reporting Status
Registered with HMRC
ISIN
Class F USD - IE00BL643474
Dealing Line
+353 (0)1434 5124
Dealing Email
davy_ta_queries@ntrs.com
Auditor
Deloitte
Depository, Administrator, Registrar & TA
Northern Trust
*Minimum sizing can be waved upon request
CONTACT DETAILS

Phone: 020 8050 2905

Email: sales@fortemcapital.com