Setanta Reditus Global Balanced Fund – UCITS
The Setanta Reditus Global Balanced Fund is a sub-fund of Beresford Funds ICAV and is managed by Setanta Asset Management Limited (“Setanta”).
The Fund is an actively managed portfolio with an ethical overlay which holds a diversified global portfolio of stocks, bonds and cash. The Fund may be up to 80% invested in equities and will generally hold between 50 and 100 stocks. The Fund may hold up to 50% of its net assets in fixed and/or floating rate debt securities issued by governments or companies, commercial paper and cash.
The Fund’s equity securities are chosen within a global sector framework, on the basis of bottom-up analysis, according to investment and ethical merit. The aim is to achieve a sensible level of diversification on a sector and geographic basis. Fixed interest investments will be predominantly sovereign and in-line with the value philosophy of our team. Rather than focusing on the historic level of volatility of an asset, the portfolio managers regard the probability of permanent impairment of capital as the most relevant measure of risk. In doing so, they seek to maximise downside protection by understanding the risks posed by the valuation, financial, and operational characteristics of the asset.
The objective of the Fund is to achieve capital appreciation over the long term.
Key Information & Disclosures(s)
The Setanta Reditus Global Balanced Fund is a sub-fund of Beresford Funds ICAV. The Custodian for the Fund is Citibank International Limited, Ireland Branch. The Fund is authorised in Ireland and regulated by the Central Bank of Ireland. Learn more
The EU Sustainable Finance Disclosure Regulation (“SFDR”) requires a determination, on a product-by-product basis, whether sustainability risks are relevant to financial products. For the purposes of SFDR, “sustainability risk” means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of an investment.
While sustainability risks might (from an economic perspective) have a material negative effect on the returns of the Setanta Reditus Global Balanced Fund, we have determined that sustainability risks are not relevant to the Fund. The Fund does not expressly promote or have a core objective concerning sustainability matters as set out in SFDR, or expressly oblige Setanta to integrate sustainability risks into its investment decision making and/or assess the likely impacts of sustainability risks on the returns of the Fund.
Setanta will keep its assessment that sustainability risks are not relevant to the Fund under regular review. Setanta has implemented a policy in respect of the integration of sustainability risks in its investment decision making process on a firm-wide basis. This policy is available here.
The investments underlying this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
WARNING: Past performance is not a reliable indicator of future results. The price of units and the income from them may go down as well as up and investors may not get back the amount invested. The return may increase or decrease as a result of currency fluctuations. Forecasts are not a reliable indicator of future performance.