Security Notice: Southchester Investment Managers do not use Telegram, WhatsApp or related messaging and/or social platforms to conduct business.
Northchester (RF)
Type:
Ring‑fenced public company
|
Inception:
November 2019
About the fund
Northchester (RF) Limited is an insolvency-remote special purpose public company that invests into a portfolio of high quality liquid fixed income instruments whilst complying with stringent term and stable investment credit criteria. A robust risk mandate dictates a suitably diversified portfolio of investments of primarily investment-grade credit quality with low duration and low sensitivity to spread risk. Northchester RF finances itself by issuing 1 – 5 year floating rate commercial paper to investors.
Key Features
• Issues 1–5 y floating‑rate commercial paper (STRATE settled)
• Specialist fixed income via commercial paper programme
• Attractive risk‑reward payoff profile
• >R100 m first loss capital buffer
• High quality credit exposure (banks, SA Gov, high‑quality corporates only)