Fair Oaks Income Limited

Report Publication Announcement • Sep 1, 2015

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RNS Number : 7528X

Fair Oaks Income Fund Limited

01 September 2015

Fair Oaks Income Fund Limited

1 September 2015

FAIR OAKS INCOME FUND LIMITED (the "Company")

(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)

PUBLICATION OF INTERIM FINANCIAL REPORT

The Company is pleased to announce that the Interim Financial Report for the period ended 30 June 2015 (the "Interim Report") has today been posted to shareholders.

Copies of the Interim Report can be viewed on the Company's website at http://www.fairoaksincomefund.com.

Enquiries:

Fair Oaks Income Fund Limited

Email: contact@fairoaksincomefund.com

Web: www.fairoaksincomefund.com

Fair Oaks Capital Limited

Miguel Ramos Fuentenebro

DDI: +44 (0) 20 31024855

Email: mrf@fairoakscap.com

Praxis Fund Services Limited

Ben Le Prevost

DDI: +44 (0) 1481 755524

Email: Ben.LePrevost@praxisgroup.com

Camarco

Edward Gascoigne-Pees

Hazel Stevenson

DDI: +44 (0) 203757 4989

Email:  ed.gascoigne-pees@camarco.co.uk / hazel.stevenson@camarco.co.uk

Numis Securities Limited

Nathan Brown, Corporate Broking

DDI: +44 (0) 20 7260 1426

Email: n.brown@numis.com 

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 Fair Oaks Income Fund 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.

Notes

*This is a target only and not a profit forecast. There can be no assurance that this target will be met or that the Company will make any distributions at all. This target return should not be taken as an indication of the Company's expected or actual current or future results. The Company's actual return will depend upon a number of factors. Shareholders and potential investors should decide for themselves whether or not the return is reasonable and achievable.

This information is provided by RNS

The company news service from the London Stock Exchange

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