Investment Objective
The Fund is invested in a globally diversified portfolio of Cat Bonds covering a broad range of perils, event categories, trigger and contract types. Events covered include hurricanes and earthquakes, predominantly in the US, alongside other natural catastrophe and mortality risks (subject to a limit of 10%). Cat Bonds are publicly traded Insurance-Linked Securities (ILS), which provide coverage to the sponsoring firm against certain insured events.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.9 | 0.9 | 0.7 | 0.6 | 0.7 | 0.2 | 0.1 | 0.9 | 0.9 | 0.4 | 0.7 | 0.8 | 0.1 | |
| 2023 | 0.3 | 0.5 | 0.6 | 0.7 | 0.1 | 0.2 | 0.1 | 0.7 | 0.2 | 0.2 | 0.9 | 0.2 | 1.0 |
