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Fund Name
Butler Credit Opportunities Fund
Product Category
Assets Under Management
1.073
Inception Date
Current exposure by credit rating of our long positions (% of net asset value)
Donut
Carte du monde
Labels Value (%)
BBB- to BBB+ 2,96
BB- to BB+ 34,73
B- to B+ 64,85
CCC- to CCC+ 2,86
Current exposure by credit rating of our short positions (% of net asset value)
Donut
Carte du monde
Labels Value (%)
BBB- to BBB+ 4,17
BB- to BB+ 5,38
B- to B+ 2,51
CCC- to CCC+ 0,30
Net exposure by sector (% of net asset value)
Barres
Carte du monde
Labels Value
Other -0.19
Energy 1.03
Basic Materials 2.06
Packaging & Containers 5.03
Healthcare & Utilities 12.05
Financial Services 13.73
Telecom & Media & Tech 15.08
Industrials & Services 15.87
Consumer Goods 29.84
Net exposure by geographic region
Géographique
Pays unique
UK
Region Name Value Geocode
North East England 3 GB-NET
North West England 8 GB-MAN
Yorkshire and the Humber 5 GB-LDS
East Midlands 4 GB-NGM
West Midlands 7 GB-BIR
East of England 6 GB-NFK
London 12 GB-LND
South East England 9 GB-HAM
South West England 5 GB-BAS
Wales 3 GB-WLS
Scotland 6 GB-SCT
Northern Ireland 2 GB-NIR
Annual Financial Statements 2024
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Our mission

The Butler Credit Opportunities Fund is a long/short fund invested in the European high-yield market, aiming to deliver the best possible performance while keeping portfolio volatility below 5% over the entire credit cycle.

The management team employs a three-step investment approach, placing risk management and loss minimization at the core of portfolio management, while continuously seeking opportunities to generate high risk-adjusted returns.

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Our Investment Strategy

The investment management team employs a three-step investment approach, placing risk management and capital preservation at the heart of its strategy:

Top-Down Approach

The team conducts a macroeconomic analysis to determine the appropriate level of the portfolio’s exposure to the bond markets.

Bottom-Up Approach

The team focuses on fundamental analysis of individual securities, evaluating the key financial metrics of each bond, as well as the potential for value appreciation in long or short positions.

Risk Management

Portfolio construction determines the capital allocated to each investment theme, taking into account risk, liquidity, volatility, and other factors. Dynamically adjusting the fund’s exposure is a key tool for preserving capital.

Fund details
Features
Fees
Labels Value
Legal form UCITS
Registered Address Irland
Liquidity Weekly
Assets under management as of [cb_nav:last_date]
Number of positions as of[cb_nav:last_date] 201
Launch date*
Benchmark None - Absolute Return Fund
ISIN Code **
Labels Value
Currency EUR
Management fees 1,5%
Performance Fee 20%
Minimum Initial Investment (Amount) 1000 €

¹Performance figures are calculated based on daily data. BCO makes no guarantee of returns or performance, and there is a risk of capital loss. Please note that past performance is not a reliable indicator of future results.

²This indicator is derived from historical data and should not be considered a reliable predictor of the unit’s future risk profile. For more information on the associated risks, please refer to the unit’s PRIIPS KID. The risk category indicated above is not guaranteed and may change over time.