Accunia Lists Two Funds on Nasdaq Copenhagen with First Trading Day 20 September 2017

25.09.2017 – Accunia recently completed a successful listing of the two funds Accunia European CLO Investment Grade, and Accunia European CLO Opportunity. The total commitment is approximately DKK 550 mill. (EUR 74 mill.).

The funds primarily invest in senior secured corporate loans denominated in Euro via Collateralized Loan Obligations (CLOs), and are the first of their kind actively managed in Scandinavia.

The expected return is between 1.5% and 2.0% per annum on the CLO Investment Grade fund and between 6.0% and 7.0% on the CLO Opportunity fund – both net of fees. The funds are open-ended and will pay out a quarterly dividend.