Klein & Reich
K&R SA, SICAV-RAIF
UNIVERSAL INCOME FUND
Universal Income Fund (UIF) is an alternative income fund and invests into a pool of income-generating assets and niche strategies, many of which are only accessible to institutional investors. UIF targets a return of 5-7% p.a. (in EUR) with limited volatility and limited equity-market correlation.
The investment universe includes a mix of liquid and illiquid fixed income instruments, spanning carefully selected opportunities in fields such as private debt, structured debt, alternative income premium and certain other niche strategies. The fund focuses on hand-selected specialist managers in attractive market niches, often fully independent from equity markets, that offer industry-leading risk-return characteristics paired with down-side protection through the cycle. Returns are hedged to either a EUR or a CHF share class to mitigate foreign exchange risk
HIGH YIELD BONDS LONG-TERM
Top-performing alternative income strategy since launch
Return: Annualized EUR returns 04/2016 to 9/2021 of 9.5% net
Volatility: Annual volatility of ~7.7% (less than half of equity markets)
Correlation: Low correlation (~0.5) with equity markets
Crisis resistance: Solid resistance to market shocks.