Espiria launches a new distributing share class in response to strong performance and high demand from clients
The new distributing share class is a unique opportunity for investors, offering an attractive dividend that is paid out quarterly. This distributing share class provides a reliable income stream for shareholders while benefiting from the success and growth of the fund.
"We are thrilled to broaden our offer," says Nikodemus Dahlgren, Head of Sales at East Capital Group. "Our fund's impressive performance and strong client pipeline have paved the way for this new offering, which we believe will provide significant value to our investors. The new share class, with an attractive dividend that is paid out quarterly, complements our commitment to providing steady returns. We look forward to continuing to find unique opportunities for sustained growth."
Managed by Espiria's seasoned fixed income team, the fund's strategic approach combines high-yield bonds with higher liquidity investment-grade bonds. Globally, investing in fixed income assets has enjoyed a real “comeback” during the second half of 2023. In the Nordics, specifically in the realm of investment grade fixed income, we have observed a sustained level of consistency over time, with robust performance throughout 2023.
“Our strategic mix of high-yield and investment-grade bonds has resonated well with our investors. We have a very interesting portfolio with a yield north of 7%. We focus on large robust companies and we see particularly attractive valuations in the bank and insurance sectors," says Stefan Pari, Portfolio Manager at Espiria.
The new share class is available per today, April 29th. For more information, please visit www.espiria.se or contact us at ecg@eastcapital.com.
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