Three-Year Investment Fund

CABA Flex2 has a lifespan of 3 years after which returns are realized and investors receive their capital.

Expected Return of 30-35% over three years

Returns are generated by exploiting the interest rate difference between Scandinavian mortgage and government bonds. The expected return is after fees.

Proven Strategy

Our first CABA Flex fund serves as a solid proof of concept. The new fund, CABA Flex2, will follow the same investment strategy.

Scandinavian Bonds

AAA-rated Scandinavian bonds offer the lowest default risk. The stability of the region's economies makes Scandinavian bonds a low-risk asset.

Launching May 2024

Proven Strategy

The first CABA Flex fund was launched in December 2022, and it set to be liquidated in December 2025.

Realized return and model portfolio (after fees)

New Fund

Same Strategy

This new fund will follow the same strategy as our first CABA Flex fund. The strategy is based on a buy/hold-strategy where returns are generated by taking advantage of the interest rate difference between Scandinavian mortgage and government bonds, and rolling down the spread curve.

Performance will be amplified through leverage, while mitigating interest rate risk through swaps or government bonds denominated in the local currency.

The fund has a lifespan of 3 years after which returns are realized and
investors receive their capital.

Features

3-year investment

May 2024 - May 2027

Daily Liquidity

No lock-up period

expected return of 30-35%

after fees over three years

70% Risk decrease

over three years

Proven stategy

with AAA-rated Scandinavian bonds

No FX or Duration risk

Risk

The strategy’s main risk factor is widening of the yield spread. During the fund’s life span, spread changes will cause price volatility, and when the fund is liquidated, the spread on the underlying 2-year bonds will affect the price.

Spreads are driven by unconventional risk factors, such as regulatory treatment of bonds and well-functioning funding markets.

Key Facts

Name

CABA Flex2

Legal structure

AIF

Sub-fund under

ISEC SICAV - RAIF

Domicille

Luxembourg

AIFM (Administrator)

iSEC ManCo

Depositary

CACEIS

Investment Manager

CABA Cpaital

Minimum investment

EUR 100.000

Accumulating

Yes

Liquidity

Daily issue & redemption

Publicly listed

No

Expected Launch

May 2024

Expected Liquidation

May 2027

Investment Team

Carsten Bach

Chief Investment Officer

Jørgen Ole Jørgensen

Senior Hedge Fund Manager

Kristian Myrup Pedersen

Fixed Income Quant

Invest with us

If you are interested, kindly reach out to our Client Relations Director, Torben Frederiksen at
torben@cabacapital.dk / +45 53 77 09 33

Please note that CABA Flex2 has a minimum 
investment of EUR 100.000.

DOWNLOAD PRESENTATION