The Fund’s primary investment objective is to generate income whilst maintaining an overriding focus on capital preservation. The Fund will seek to achieve its investment objective by investing in a diversified portfolio of asset-backed securities (“ABS”), in particular in the form of collateralized mortgage obligations ("CMOs"), collateralized loan obligations (“CLOs”) and other collateralized debt obligations ("CDOs").
Relative value analysis or sector allocation is conducted by the portfolio management team across all ABS classes in which the Fund invests. This top-down approach incorporates analysis of interest rates, global economic expectations, and ABS valuation. The portfolio management team has the capability to analyze numerous ABS assets classes (being CMBS, RMBS, CLOs, and other CDOs). Generally, the relative value of these asset classes will be primary drivers of security selection and sector allocation.
Additionally, the portfolio management team will not manage the portfolio’s asset allocation to resemble the Fund’s benchmark in a relative sense, but instead with a focus on absolute return. The Fund’s current strategy has a bias towards credit and low duration assets to manage interest rate risk. The bias is not set for the long-term and may change over time as the portfolio manager’s view on the global economy, interest rates, and capital market conditions change.
Disciplined investment process – A combination of top-down and bottom-up approach to identify the best relative value opportunities and individual securities, which potentially offers both stable income and price appreciation.
Expertise across structured credit market – Specialized in multiple areas of structured credit security analysis including origination, servicing, securitization, credit analysis and portfolio management. This level of expertise in the asset management industry is unique and enables Angel Oak Capital to achieve superior risk-adjusted returns.
Extensive industry experience – A diverse and deeply experienced team that has been in the market since the mid 90’s. This market intelligence creates a significant differentiation within the asset management industry and the team’s strong and diverse industry relationships spanning various counterparties and market participants helps facilitate security sourcing and best execution to enable alpha creation.
ML Capital Asset Management Ltd, 23 St. Stephen's Green, Dublin 2, D02 AR55, Ireland is licensed to provide Investment Management services to Professional Clients (including Collective Investment Schemes) by the Central Bank of Ireland.
MontLake UCITS Platform ICAV is an umbrella open-ended Irish collective asset-management vehicle with segregated liability between Funds formed in Ireland under the Irish Collective Asset-management Vehicles Act 2015 and authorised by the Central Bank as a UCITS pursuant to the UCITS Regulations.
The Manager of MontLake UCITS Platform ICAV is MLC Management Ltd, a company regulated by the Central Bank of Ireland.
This website is directed mainly for professional and institutional clients who possess the necessary experience, knowledge and expertise to make their own investment decisions and properly assess the risk that it incurs.
Information on this website was obtained from various sources and the company does not guarantee its accuracy. The information is for your private use and discussion purposes only and expressed views and opinions may change.
The Performance figures quoted refer to the past and past performance is not a guarantee of future performance or a reliable guide to future performance. The value of your investment and their income may go down as well as up.
Your investment may also be subject to currency, interest rate, as well as market fluctuations. Consequently the Investor may not get back a sum equal to that he / she originally invested.
Investors should note that an investment in those Sub-Funds which may invest in emerging markets should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Sub-Funds may invest in Over the Counter as well as Exchange Traded derivative instruments to enhance return or hedge against fluctuations in security prices or market rates as well as to short sell a security through the use of a derivative instrument. Transactions in derivative instruments involve a risk of loss or depreciation of capital due to adverse changes in security prices, exchange rates or interest rates or in the case of OTC instruments default of Counterparty. This investment may not be suitable for all types of investors. It is therefore recommended that you consult your investment advisor.
A commission or sales fee may be charged at the time of the initial purchase for an investment and may be deducted from the invested amount therefore lowering the size of your investment. The Investment Manager will be entitled to receive a performance fee as well as a management fee, calculated on a daily basis and paid quarterly by the sub-funds.
The Levels and bases of taxation are dependent on individual circumstances and subject to change and therefore it is highly recommended that you consult a professional tax advisor.