Proven dynamic strategy to deliver cash yield and capital gains
As at September 2019, our portfolio was organised as:
(1) Source: CVC Credit Partners. As at 30 September 2019. Past performance is not an accurate indicator of current or future returns and investors should have no expectation that past performance can or will be replicated in the future. (2) In the top 90% of the porfolio only. Number of positions and number of corporate credits excludes small holdings which account for the bottom 10% of the portfolio by size of holding. Number of corporate credits excludes structured finance positions. (3) Average market price of the porfolio weighted against the size of each position (4) The weighted average debt (through the debt tranche CVC Credit Partners holds in the capital structure) / EBITDA for each position in the portfolio.
An investment in the Company is not appropriate for all investors and is not intended to be a complete investment program. The Company is designed as a long-term investment and not as a trading vehicle. Investing in the Company involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment. Therefore, before investing you should carefully consider the risks that you assume when you invest in the Company's shares. Investors should consider the Company’s investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Company, Please read the prospectus carefully before investing. Please click here for further information on the risk factors regarding an investment in the Fund.
These written materials are not for release, publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, South Africa or Japan or to "U.S. persons" as defined in Regulation S under the US Securities Act ("US Persons"). The information contained herein does not constitute or form part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada, South Africa or Japan or any other jurisdiction where to do so might constitute a violation of the relevant laws or regulations of such jurisdiction. The Company has not been and will not be registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act") and, as such, holders of the Company’s securities will not be entitled to the benefits of the Investment Company Act. The securities discussed herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered or sold in the United States or to, or for the account or benefit of, US Persons absent registration or an exemption from registration under the US Securities Act in a manner that would not require the Company to register under the Investment Company Act. No public offering of securities will be made in the United States. No securities may be offered or sold, directly or indirectly, into the United States or to US Persons absent registration or an exemption from registration under the US Securities Act and in a manner that would not require the Company to register under the Investment Company Act.
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