The Fund aims for a linear and steady capital growth by investing in mortgage-backed bonds with an average duration below 5 years. The selection of the Real Estate assets guaranteeing the Bonds is particularly demanding when referred to mark to market valuation, assets class and location together with the analysis on the capacity of return on each debtor.

The location of the properties that are part of the security bond are mainly in the main three prime locations in Spain: the Balearic Islands, Barcelona and Madrid. The appraised value of each of the transactions performed is two times the amount borrowed at least.

The target return is to overcome the 10% annual return, given that the Fund is aimed at investors with a time horizon of medium to large term.

  • ISIN Number Class A: MT7000012431
  • Bloomberg Ticker: AUDSBFA MV
  • Reuters Ticker: LP68303913
  • ISIN Number Class B: MT7000015996
  • ISIN Number Class C: MT7000018313
  • Morningstar Ticker: F00000YDSY

Corporate Information:

Secured Bond Fund is a sub-fund of Audentia Capital Sicav p.l.c., a collective investment scheme established under the laws of Malta as a self-managed umbrella (multi-fund) investment company with variable share capital (SICAV), incorporated on the 26th October 2011 with registration number SV 207 pursuant to the Companies Act, 1995 (Chp. 386 of the Laws of Malta). The registered office of the Company is situated at Orange Point Building, Second Floor, Dun Karm Street, Birkirkara By-Pass, Birkirkara, BRK 9037 Malta.

Registered Company address. The Company Secretary of the Company is Trident Trust Company (Malta) Limited, a limited liability company established under the laws of Malta and having its registered office at Orange Point Building, Second Floor, Dun Karm Street, Birkirkara By-Pass, Birkirkara, BRK 9037 Malta.

Fund Administrator. Amicorp Fund Services Malta Limited is a limited liability company established in Malta and has its registered office at Blue Harbour Level 1, Business Centre Ta’Xbiex Yatch Marina XBX 1027. The Administrator is recognised by the MFSA to provide fund administration services. The Administrator acts as administrator to other collective investment schemes including schemes licensed in Malta.

Bank. The bank accounts of the Fund are in Banco Bilbao Vizcaya Argentaria (BBVA), a multinational banking group founded in 1857, offering financial services in 35 countres to 70 million of clients. BBVA enjoys a solid leadership position in the Spanish market, is the largest financial institution in Mexico, and has leading franchises in South America, in the US Sunbelt region and in Turkey. The group also operates an extensive branch network worldwide. The company is a component of the Euro Stoxx 50 stock market index.

Auditor and Legal Advisor. KPMG Malta has been appointed for the Audit and legal advice of the SICAV since its inception. KPMG is one of the leading professional services providers of Audit, tax and advisory services, employing around 260 professionals, including 29 principals.