RM Infrastructure Income PLC GBP · LSE:RMII
RM Infrastructure Income PLC GBP — VT RM Alternative Income Fund — Investor Presentation (September 2018)
21 slides from RM Infrastructure Income PLC GBP's investor presentation, September 2018
Slide 1: VT RM Alternative Income Fund
INVESTOR PRESENTATION VT RM Alternative Income Fund September 2018
Slide 2: In this presentation
In this presentation Page 3 About RM Funds 4 RMAI Overview 5 Alternative Income Assets 6 What are Alternative Income Assets, and why invest? 7 Alternative Lending 8 Specialist Real Estate 9 Infrastructure 10 Investment and Portfolio Summary 11 Investment Process 12 Investment Universe 13 Simulated P
Slide 3: About RM Funds
About RM Funds RM Funds is Investment Adviser to the Fund. • RM Funds is a trading name of RM Capital Markets Limited (“RM”). RM specialises in alternative asset fund management with circa $150m assets under management. • RM was founded in 2010. RM currently manages RM Secured Direct Lending PLC, a
Slide 4: RMAI Overview
RMAI Overview The VT RM Alternative Income Fund (the “Fund”) launched in June 2018. FUND LAUNCHED 11th June • An actively managed defensive investment fund, with a strategy designed to weather deteriorating and/ or volatile market conditions. EXPERIENCED Pietro Nicholls, • Offers protection against
Slide 5: Alternative Income Assets
Alternative Income Assets Alternative Income Assets include: • Lending: Asset Finance, Direct Lending, Peer to Peer • Infrastructure: Renewables, Airports, Telecommunications • Specialist Real Estate: Distribution Warehouses, Care Homes, GP Surgeries 5
Slide 6: What are Alternative Income Assets, and why invest?
What are Alternative Income Assets, and why invest? Alternative Income assets, put simply, ▪ Conflicted US Monetary and Fiscal are investments in assets other than Troubled Macro Economic Outlook Policy traditional equities, bonds and cash. ▪ Trade Wars They include assets in specialist real estate
Slide 7: Alternative Lending
Alternative Lending The global financial crisis of 08/09 SUMMARY STATISTICS caused a paradigm shift in how Companies viewed financing their business activities and c.$500bn in alternative credit assets. growth. Banks could no longer be relied upon to support their clients. c.£4.6bn lent through onli
Slide 8: Specialist Real Estate
Specialist Real Estate A sub-set of the real-estate asset class SUMMARY STATISTICS which has benefited from various/specific socio-demographic and macro-economic c.10,000 UK GP surgeries delivering factors and trends. healthcare services to over 115,000 patients a day. These include: government poli
Slide 9: Infrastructure
Infrastructure Infrastructure assets provide essential SUMMARY STATISTICS services to the economy and society. $2.5 trillion Historically the asset class has weathered economic cycles well, underpinned per year invested in power, water, by the sector’s key investment characteristics and credit funda
Slide 10: Investment and Portfolio Summary
Investment and Portfolio Summary VT RM Alternative Income Fund Investor Presentation 10
Slide 11: Investment Process
Investment Process Rigorous investment process, with a focus on both top-down 1. and bottom-up analysis to Top-Down support investment decisions. Analysis ESG FACTORS • Ethical, Social and Corporate Governance 6. 2. • Active engagement with Boards Investment ESG Monitoring Screening TECHNICAL CONSID
Slide 12: Eligible Investment Universe
Eligible Investment Universe Debt Asset Backed / Property UK Secured Loans Long Leases 7.0% 7.5% Debt Asset Leasing 4.7% Property UK Commercial Debt CLOs 14.7% 3.8% REITs ex UK Debt Direct Lending Property 4.7% 63% Specialist UK Alternative Credit (Student)… Debt Distressed 4% 0.5% Property Speciali
Slide 13: Simulated Portfolio
Simulated Portfolio 160 Period from 01/01/2014 to 31/08/2018 10.00% 150 12 Month Total Return1 FTSE All Shares Total return 8.00% IBoxx Non-Gilts GBP Total Return 140 VT RMAI simulated Portfolio 2-3% 6.00% 130 5.00% 4.00% 4.68% 120 2.00% 1.04% 1.05% 110 -1.90% 0.00% Cash (12M 5-year UK Iboxx GBP FTS
Slide 14: Current Portfolio
Current Portfolio Top 10 holdings as at 31/08/2018 ------------------------- 1. PRS REIT 2. Alcentra Euro Floating 12,000+ Assets Rate spread across the 3. TwentyFour Select UK, Western Europe, Monthly Income US, Canada, & 4. NextEnergy solar Australasia 5. GCP Infrastructure Investments 42 Investme
Slide 15: Sample Sector Focus
Sample Sector Focus Sector Potential investments Key characteristics of Sector Asset-backed / CVC Credit Partners Euro Good asset cover, predominantly senior secured loans Opportunities £, GCP Asset Backed Secured Loans Protection to rising rates via floating rate coupons Income, NB Global Floating
Slide 16: Key Terms
Key Terms VT RM Alternative Income Fund Investor Presentation 16
Slide 17: Terms
Terms Key Term Details Target Dividend: 5.00% p.a. (on Issue Price) Distributions: Quarterly in arrears Issue Price: £1.00 Share Classes: Single Share Class Income & Acc Currency: GBP, EUR, USD Min Investment: £1,000 retail /1,000,000 institutional Valuation / Trading: Daily Fund Management Charges
Slide 18: Summary
Summary VT RM Alternative Income is a defensive investment strategy, designed to weather deteriorating and or volatile market conditions • Focus on capital preservation and stable income generation – minimal exposure to traditional listed equities and corporate bonds. • Protection against a rising i
Slide 19: Contact Information
Contact Information Investment Management Pietro Nicholls 0203 697 1768 James Robson 0131 603 7069 Distribution James Satterthwaite 0131 603 7068 David Watts 0131 603 7064 Head Office: 7 Melville Crescent, Edinburgh, EH3 7JA London Office: 42 New Broad Street, London, EC2M 1JD 19
Slide 20: Disclaimer
Disclaimer This is an advertisement and not a prospectus for the purposes of EU Directive Recipients should not regard the information within this Presentation as a substitute for 2003/71/EC or Part VI of the Financial Services and Markets Act 2000 the exercise of their own judgment. The information
Slide 21: Registered in Scotland No SC380707
Registered in Scotland No SC380707 Registered Office: 7 Melville Crescent, Edinburgh, EH3 7JA RM Capital Markets Limited is authorised and regulated by the Financial Conduct Authority (Number 562209) 21
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