Thule Credit Fund – KID
The purpose of Thule Credit Fund is to deliver long-term stable returns with moderate risk. The majority of the return is expected to be derived from regular interest payments from corporate credit instruments evidencing an obligation of a debtor to pay regular interest and to repay amounts initially advanced to the debtor under a credit agreement or similar arrangements (“Corporate Credits”).
The Sub-Fund will invest its assets in a diversified portfolio of Corporate Credits in the form of corporate bonds and corporate loans. Investments are made in both the primary and in the secondary market with a buy-and-hold perspective. The Sub-Fund may acquire up to one hundred percent (100%) of the outstanding debt of a single issuer.