Bond Funds
Argent Fund
Argent Fund is a micro longevity fund of funds with a bond element investing in a range of quoted and unquoted note instruments. The fund has two open bond classes:
Argent DBS Capital Growth and
Argent DBS Income.
Key facts
| Fund launch date: |
24th October 2003 |
| Domicile: |
Cayman Islands |
| Dealing date: |
Monthly on 1st |
| Year-end: |
February 28th |
| Currency available: |
EUR, GBP, USD |
| Minimum investment: |
$50,000 or currency equivalent |
| Redemption notice: |
3 months |
| Auditors: |
BDO Tortuga |
| Fund manager: |
Centurion Fund Managers Ltd. (authorised by the Cayman Islands Monetary Authority) |
| Fund investment advisor: |
Centurion Portfolio Managers Ltd (authorised and regulated by the Financial Services Authority (UK)) |
| Fund administrator: |
Centurion Administration Services Limited (Mauritius) (Authorised by the Financial Services Commission) |
| Custodian bank: |
Fairbairn Private Bank (IOM) Ltd. |
Argent DBS Capital Growth
This class provides a net return after costs of base rate in the equivalent currency plus 1.5-2.5%. Assets include asset backed fixed, floating and convertible notes, Sukuk notes and mezzanine finance secured notes.
Argent DBS Income
This class provides a net return after costs of base rate in the equivalent currency plus 1% composed of a regular penalty free redemption and capital appreciation. Assets include asset backed fixed, floating and convertible notes, Sukuk notes and mezzanine finance secured notes.