{"id":61300,"date":"2025-02-10T10:00:45","date_gmt":"2025-02-10T10:00:45","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=61300"},"modified":"2025-02-10T10:14:36","modified_gmt":"2025-02-10T10:14:36","slug":"fair-oaks-capital-launches-first-gbp-hedged-share-class-of-european-domiciled-aaa-clo-etf","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/fair-oaks-capital-launches-first-gbp-hedged-share-class-of-european-domiciled-aaa-clo-etf\/","title":{"rendered":"Fair Oaks Capital Launches First GBP Hedged Share Class of European-Domiciled AAA CLO ETF"},"content":{"rendered":"
Fair Oaks Capital<\/strong> has launched a GBP hedged share class of its European AAA CLO ETF on the London Stock Exchange with the ticker XAAA.<\/h5>\n

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Miguel Ramos Fuentenebro Fair Oaks Capital
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This adds an additional share class to Fair Oaks AAA CLO ETF offering, which launched in September 2024, pioneering access to AAA-rated, floating-rate CLO notes in an ETF wrapper to European investors. The newly launched hedged share class is also the first of its kind, expanding the offering to GBP investors in an accessible format, with currency hedging and a lower denomination of 10 GBP per share.<\/p>\n

The portfolio management team, led by Miguel Ramos Fuentenebro<\/strong><\/span> and Roger Coyle<\/span><\/strong>, has been managing the fund, exclusively investing in European senior CLOs, since 2019. The team\u2019s experience managing CLO portfolios has allowed Fair Oaks to open access to this asset class to a wider range of investors in an actively-managed fund.<\/p>\n

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\u201cThe addition of the industry\u2019s first GBP hedged option to access AAA-rated CLOs will enable additional investors to consider the asset class as an alternative for fixed-rate products such as investment grade corporate bonds\u201d, Miguel Ramos Fuentenebro commented, \u201call while benefiting from a track record of considerably lower volatility over the last 5 years, on account of their minimal interest rate risk. AAA-rated CLOs have a history of zero defaults and offer attractive yields, with a considerably higher spread than investment-grade corporates\u201d.<\/p>\n<\/blockquote>\n

The Fair Oaks CLO ETF was launched on the Alpha UCITS fund platform as an additional listed share class of an existing Fair Oaks UCITS fund, the Fair Oaks AAA CLO Fund, initially launched in 2019. The Fund invests exclusively in AAA-rated CLOs, based on Fair Oaks’ established investment processes. FAAA is a long-only portfolio with no leverage and is classified as Article 8 under the EU Sustainable Finance Disclosure Regulation (SFDR).<\/p>\n

The total expense ratio for the GBP hedged share class of the Fair Oaks AAA CLO ETF is 0.35 percent.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n\n\n\n\n
Product Name<\/td>\nFair Oaks AAA CLO ETF<\/strong><\/span><\/td>\n<\/tr>\n
ISIN<\/td>\nLU2825557270<\/td>\n<\/tr>\n
SEDOL<\/td>\nBPBKMZ2<\/td>\n<\/tr>\n
Currency<\/td>\nGBP<\/td>\n<\/tr>\n
Management Fee<\/td>\n0.35%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"

Fair Oaks Capital has launched a GBP hedged share class of its European AAA CLO ETF on the London Stock Exchange with the ticker XAAA.<\/p>\n","protected":false},"author":4,"featured_media":61301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[19],"tags":[551],"class_list":["post-61300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-lse","tag-fair-oaks-capital"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/61300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=61300"}],"version-history":[{"count":1,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/61300\/revisions"}],"predecessor-version":[{"id":61302,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/61300\/revisions\/61302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/61301"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=61300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=61300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=61300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}