Side Pockets - February to March 2021 report SCBADAGIO & SCBMBOND

22 April 2021

            As SCB Asset Management Company Limited (SCBAM) previously announced on the closure of SCBADAGIO and SCBMBOND and returned the sale proceeds from the Mirror Fund after deduction of expenses to the unitholders.

            SCBAM would like to further update on the Side Pockets reports of January 2021 of H2O Adagio SP SR and H2O MultiBonds SP I (the Master Funds of SCBADAGIO and SCBMBOND respectively), per below :

ISIN Code Side Pocket Name of the Side Pockets in EUR Date of split Latest available
February 26th  2021 		Variation of estimated valuation SP
FR0013535077 H2O Adagio SP SR (1 October 2020 )
8.71		 8.60 -1.26%
FR0013535960 H2O MultiBonds SP I (5 October 2020)
43,471.09		 41,895.25 -3.63%

 

Monthly comments:

February and March 2021

  • The performance posted by most of the SP portfolios this month originated from the negative provision of the 6.5% coupon from the bond Degros (maturity January 2023).

Source: Side Pockets – February 2021 report as of March 16th, 2021 and Side Pockets - March 2021 report as of April 7th, 2021 from H2O Asset Management.

 

Please be informed accordingly.
SCB Asset Management Company Limited

SCBAM

Suggested Fund

SCBLEQ

SCB LOW VOLATILITY EQUITY FUND (Dividend)

SCBLEQA

SCB LOW VOLATILITY EQUITY FUND
(Accumulation)

SCBRMLEQ

SCB Low Volatility Equity RMF

SCBGEARA

SCB Global Equity Absolute Return Fund (Accumulation)

SCBSPICYA

SCB Mixed – Spicy Fund (Accumulation)

SCBINCA

SCB Income Fund (Accumulation)

SCBINCR

SCB Income Fund (Auto Redemption)

SCBROBOA

SCB Global Robotics Fund (Accumulation)