Fair Oaks Income Limited

Report Publication Announcement • Aug 26, 2016

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RNS Number : 1771I

Fair Oaks Income Fund Limited

26 August 2016

Fair Oaks Income Fund Limited

26 August 2016

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)

INTERIM FINANCIAL REPORT

The Board of Fair Oaks Income Fund Limited is pleased to release the Interim Report for the period ended 30 June 2016.

Highlights

·       Dividends of 4.2 US cents per ordinary share have been declared in respect of the interim period.

·       In January 2016, the C shares were converted to ordinary shares using the conversion ratio of 1.0611 ordinary shares for every one C share held on 26 January 2016.

·       The Investment Adviser continues to believe that the strategy of FOIF LP (the "Master Fund") has the potential in the current market environment to generate attractive returns.

Click on, or paste the following link into your web browser to view the Interim Report.

http://www.rns-pdf.londonstockexchange.com/rns/1771I_-2016-8-25.pdf

Enquiries:

Fair Oaks Income Fund Limited

Email: contact@fairoaksincomefund.com

Web: www.fairoaksincomefund.com

Fair Oaks Capital Limited

Hayley Stewart

DDI: +44 (0) 20 3034 0406

Email: hstewart@fairoakscap.com 

Praxis Fund Services Limited

Ben Le Prevost

DDI: +44 (0) 1481 755524

Email: Ben.LePrevost@praxisifm.com

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 registered as a Registered Closed-Ended Collective Investment Scheme with the Guernsey Financial Services Commission. The Company was admitted to trading on the Specialist Fund Market of the London Stock Exchange (now the Specialist Fund Segment 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").

Notes

1) The General Partner's estimate of the potential total return for this investment is calculated across certain scenarios and subject to certain assumptions. This and any other references herein to potential future returns or distributions are targets and not forecasts and there can be no guarantee or assurance that they will be achieved.

2) This document is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

This information is provided by RNS

The company news service from the London Stock Exchange

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