westbrooke / yield plus
Westbrooke Yield Plus Plc (the Fund) is an open-ended Jersey Expert Fund which provides investors with a high-yielding, fixed income alternative investment, through a diversified portfolio of 53 predominantly floating rate private debt transactions mainly in the UK.
The Fund provides a unique investment advantage driven by an asymmetric risk / return profile, by focusing on providing loans to lower and middle-market UK companies and real estate sponsors, a significantly underserved UK market segment. In the context of a rapidly increasing interest rate environment, this allows investors to benefit from a target annual return of cash* plus 4% – 6% per annum (currently 7%-9% on a run rate basis) in GBP (after fees and costs).
*Cash is defined as a Bank of England Base Rate.
LAUNCH DATE: | 2018 |
STRATEGY NAV (AS OF DECEMBER 2023): | GBP176M |
FUND TYPE: | OPEN-ENDED JERSEY EXPERT FUND AND CO- INVESTMENT COMPARTMENTS |
REGULATION: | JERSEY FINANCIAL SERVICES COMMISSION & PROSPECTUS REGISTERED WITH THE SOUTH AFRICAN CIPC. |
CURRENT RUN RATE YIELD IN GBP: | 7% – 9% P.A. |
(NET OF ALL FEES AND COSTS) |
key investment highlights
Yielding 7% – 9% p.a. in GBP (net of fees and costs)
Capital preservation focus through senior ranking security
Inflation protection through interest rate linked loans
Experienced local investment team
Significant shareholder and management capital investment in the fund
Tax-efficient investment structure (dividend and/or CGT)
performance since inception
Westbrooke Yield Plus’ track record highlights its positioning as an attractive, fixed-income alternative, having successfully generated predictable, hard-currency cash returns which have outperformed various comparatives since inception:
This page is for information purposes only and is not intended to constitute advice in any form. Any terms contained are indicative only and returns are not guaranteed. This page is not a prospectus, a prospectus for this Fund has been registered with the CIPC, and this offering is subject to the terms and conditions in that prospectus which can be obtained here.
This page does not constitute an offer to sell, or a solicitation of an offer to buy, in any jurisdiction in which such offer of solicitation to sell would be unlawful.