With only 10,000 euros, any retail investor You can now access an exclusive universe of uncorrelated assets, with attractive returns and top-level professional management. I am referring to a new product: the fund Alternative Credit Selection (CAS). A product that combines financial innovation, risk discipline and democratization of access to high added value strategies.
The first thing that surprises about CAS is its value proposition: a wallet with yield of 7.5% and a very controlled volatility of 3.5%combining private debt and alternative credit through a structure multi-manager. This means that the fund does not invest directly, but rather selects the best specialized managers at a global level, integrating their strategies under the same transferable and accessible vehicle. And, by the way, no subscription or refund fees and semi liquid. A pass.
The portfolio is diversified among credit substrategies as varied as Direct Lending (direct loans to companies, without bank intermediation), Asset-Backed Lending (loans secured by real assets, such as real estate or cash flows) and others… And I want to mention that some of these underlying have minimum amounts of 1 million euros. And you can access from 10 thousand to all of them at the same time, with their decorrelation. Additionally, the more than 1,500 underlying assets are diversified in Europe (36%), the United States (49%) and Emerging Countries (15%).
Source: Alternative Credit Selection (CAS)
This approach allows optimize the risk-return ratiooffer stable income and reduce exposure to market fluctuations. That is, exactly what the investor is looking for for a long-term investment.
One of the main historical drawbacks of private debt funds is the famous curve J: that initial period in which the fund is not yet fully invested and the entry costs outweigh the benefits. In CAS, that disappears. The investment is immediate and 100% from the first day. A plus point for those looking for profitability without complications.
Although past performance does not guarantee future results (that mantra that every brochure repeats), we cannot ignore the fund’s history. CAS would have generated, gross of FIL commissions: +11.6% and 2023; +10.2% and 2024; +7.6% and 2021; and alone -4.1% in 2022an especially tough year for global fixed income. And, by the way, a 79% of months ending positively…
Source: Alternative Credit Selection (CAS)
The background has shown an iImpressive resilience in complicated scenariosstaying profitable even when traditional assets faltered. This is the fund’s portfolio performing a back-testingyou have to remember…
The CAS is not just any fund. It is a proposal carefully designed to respond to the three recurring obsessions of the wealth investor:
- Decorrelation: its profitability does not depend on the fluctuations of the equity market or government bonds.
- Attractive profitability: in a context in which many conservative products barely beat inflation.
- Maximum possible liquidity– Allows 100% quarterly refunds, without penalties or restrictive windows.
And all this while complying with the strictest regulatory requirements, which allows it to be transferable and suitable for retail customersa combination still rare in the universe of alternative credit.
With classic fixed income in a state of volatility and permanent concern and equities showing demanding valuations, many managers are looking for more structural sources of return, less dependent on market noise. The CAS represents that third pillar of the portfolio: neither variable income nor traditional fixed incomebut a new universe of assets that pay attractive income with controlled risks.
Alternative Credit Selection, CAS, For friends, it is one of those rare combinations of sophistication and accessibility. A product that was previously only available to the high net worth of the best private banks in the world and that now any investor with 10,000 euros and a long-term vision can add to their portfolio.