MSCIF Notes / Sub-Fund II (RAH)

News

• 01.02.2023
  Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
• 07.12.2022
  Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
• 08.10.2021
  Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
• 26.07.2021
  Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
• 01.07.2020
  Further details regarding the regulatory requirements according to ESMA (European Securities and Markets Authority) Guidelines 33-9-320 can be found in the document attached below.
• 27.11.2019
  Creditreform Rating has set the rating of the bearer bonds with ISIN XS1909136787 issued by Real Assets Holding SCS SICAV-RAIF, acting on behalf of its sub-fund II, to BBB / negative. The issuer uses the proceeds from the issue primarily to invest in a target investment fund. The main reasons behind the decision are the expected credit quality of the portfolio assets which is related to predominantly regulated businesses. The expected cash flows generation has been tested, taking into account several stressed scenarios. The bearer bonds benefit from different credit enhancements, which will be build up during the bonds´ term. Overall, our quantitative analyzes show a positive stress resistance of the structure with regard to individual parameters. However, individual conditions of the target fund limit our current rating assessment.
• 10.01.2019
  Creditreform Rating has set the rating of the bearer bonds with ISIN XS1909136787 issued by Real Assets Holding SCS SICAV-RAIF, acting on behalf of its sub-fund II, to BBB / stable. The issuer uses the proceeds from the issue primarily to invest in a target investment fund. The main reasons behind the decision are the expected credit quality of the portfolio assets which is related to predominantly regulated businesses. The expected cash flows generation has been tested, taking into account several stressed scenarios. The bearer bonds benefit from different credit enhancements, which will be build up during the bonds´ term. Our quantitative analyses display only a positive stress resistance of the structure with regard to certain parameters. Additionally, certain terms of the target investment fund are limiting our current rating assessment.