Overview
DCG Iris is a feeder fund into CS IRIS Low Volatility Plus Fund (the ‘Master Fund’). Credit Suisse AG is manager of the Master Fund. DCG Iris’ investment objective is to achieve target net returns of Libor +5% to 7% through an investment strategy tied to insured event risks. The Company seeks to achieve this through investment in an actively managed portfolio of single insurance-linked investment positions, focused on catastrophe risks, which is diversified across regions and risk types. DCG Iris targets the lowest expected losses and should only be impacted by mega or very large events. Returns are expected to have a low correlation to the financial markets
News
-
19 Jun 2014 1 min read
DCG Iris : IRIS – liquidation proposals
DCG Iris has announced that it is planning to put proposals to shareholders to wind up the company. The Directors say that the fund was too small (£68m). Returns were in line with its original projections – annualised 4.6% at 30 April 2014. However, in our view, the fund was always likely to be vulnerable […]
-
24 Jan 2014 1 min read
DCG Iris : IRIS – interim results
DCG Iris, a fund investing in insurance-linked contracts, has today released its interim results for the six months ended 30 November 2013. On 30 November IRIS’s NAV was 99.46p, slightly below the level at close of business on 31 May 2013 when the NAV was 99.79p. Including income however the total return for the period […]
-
12 Dec 2013 1 min read
DCG Iris : IRIS
DCG Iris has released a statement about the winter storm known as Xaver or Bodil. DCG believe the impact of the storm may have been less than that of Christian, the previous winter storm that struck Europe. Christian hit when the trees were in full leaf and caused many to topple while Xaver’s main impact […]
