Salar Fund is a fundamental, long-only global convertible bond fund, managed with an absolute return approach
Salar Fund was designed to preserve capital and seek growth through controlled risk and deliver the best risk-adjusted returns for investors. The strategy has a unique philosophy optimised to extract alpha from the convertible bond asset class.
The investment team utilises an unparalleled depth of convertible bond expertise and resources.
The fund has outperformed the common convertible bond indices whilst taking less risk than its competitors (since strategy inception in 2005 and risk as measured by volatility).
The strategy has a proven ability to protect investor capital during episodes of market stress and a long standing track record of delivering top decile returns.
Evolution of the Strategy
Source: Ferox Capital LLP, Bloomberg Finance L.P., Morningstar
The Peer Group used in the above graph is the Morningstar Category Convertible Bond – Global USD Hedged category, sourced directly from Morningstar and includes the Salar A1 USD share class. The strategy performance illustrated in the above graph is the performance of Salar Fund Ltd A1$ which launched in August 2005. Salar performance is simulated using the performance of Class A1$ Salar Fund Ltd until the launch of Salar Fund Plc Class A1$ in February 2008. Strategy, fees and liquidity are identical between the share classes.
Monthly Performance & YTD Performance Since Inception
†: Since UCITS Inception; February 2008
Total return will fluctuate with the market conditions and changes in currency exchange rates. An investor’s capital value may go up as well as down and an investor may not get back the original capital amount invested. Past performance may not necessarily be repeated and is no guarantee or projection of future results. All performance is net of fees.