Setanta Reditus Global Balanced Fund – UCITS
The Setanta Reditus Global Balanced Fund is a sub-fund of Beresford Funds plc 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 plc. 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.