Supplementary Prospectus

RNS Number : 8868D

Fair Oaks Income Fund Limited

03 February 2015

 

Fair Oaks Income Fund Limited

3 February 2015

FAIR OAKS INCOME FUND LIMITED

(Incorporated in Guernsey under The Companies (Guernsey) Law, 2008, as amended, with registered number 58123 and registered as a Registered Closed-ended Collective Investment Scheme with the Guernsey Financial Services Commission)

SUPPLEMENTARY PROSPECTUS

Further to the dividend declaration and policy update announced on 16 January 2015, Fair Oaks Income Fund Limited (the "Company") announces the publication of a Supplementary Prospectus.

The Supplementary Prospectus will be available for inspection at the National Storage Mechanism which is located at www.morningstar.co.uk/uk/NSM.  Copies of the Supplementary Prospectus will also be available at www.fairoaksincomefund.com and for collection, free of charge during normal business hours from the Company's registered office at Sarnia House, Le Truchot, St Peter Port, Guernsey GY1 4NA for as long as ordinary shares in the Company are available for issue under its prospectus dated 16 May 2014.

Enquiries:

Fair Oaks Income Fund Limited

Email: [e-mail]

Web: www.fairoaksincomefund.com

Fair Oaks Capital Limited

Miguel Ramos Fuentenebro

DDI: [phone]

Email: [e-mail]

Praxis Fund Services Limited

Ben Le Prevost

DDI: [phone]

Email: [e-mail]

Camarco

Edward Gascoigne-Pees

Hazel Stevenson

DDI: [phone]

Email:  [e-mail] / [e-mail]

Numis Securities Limited

Nathan Brown, Corporate Broking

DDI: [phone]

Email: [e-mail] 

Fair Oaks Income Fund Limited

Fair Oaks Income Fund Limited is an authorised closed-ended investment company incorporated in Guernsey. The Company was admitted to trading on the Specialist Fund Market of the London Stock Exchange on 12 June 2014. The Company's ordinary shares have the TIDM: FAIR and ISIN: GG00BMBN1D14.

The investment policy of the Company is to seek exposure to US and European CLOs or other vehicles and structures which provide exposure to portfolios consisting primarily of US and European floating-rate senior secured loans and which may include non-recourse financing. The Company will implement its investment policy by investing in FOIF LP (the "Master Fund").

The investment objective of the Company is to generate attractive, risk-adjusted returns, principally through income distributions. On the basis of market conditions as at the date of its prospectus, and based on the $1 per share issue price, the Company is targeting a net total return of between 12 and 14 per cent. per annum over the planned life of the Master Fund.

 

END

 

 

PDILIFEAFEIVIIE