The Pilot View Capital Fund (The Fund) is a sub Fund of Pilot View 2 plc, an investment company with variable capital. The investment objective is to achieve capital growth but with a strong emphasis on capital preservation. Since inception, the Fund returned more than 250% (net of fees) to investors.
The Capital Fund is a long/short equity fund with a long bias. The Fund focuses primarily on companies within Europe. Analysis of these companies includes, inter alia, balance sheet strength, cash flow, debt levels, interest cover, earning growth and progressive dividend policy.
The Fund can use leverage where required and has the ability to short stocks. Leverage is employed on a conservative basis to enhance performance where appropriate. The Fund has achieved exceptional performance since inception.
Legal StructureA Fund of Pilot View Fund 2 plc, an umbrella fund with segragated liability.
Minimum Investment€100,000 (Qualifying Investor Fund)
ManagerPilot View Capital Ltd
CustodianNorthern Trust Fiduciary Services (Ireland) Ltd
AdministrationNorthern Trust International Fund Administration Services (Ireland) Ltd
Management Fee1.5% per annum
Performance Fee20% with high watermark
Subscription FeeUp to 3%
Redemption FeeUp to 3%